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They tailor these services to dovetail with the employer’s needs and initiatives.

By sector, education and health services led job creation, with 96,000 hires, while professional and business services added 74,000 positions.

The other services category contributed 20,000 to the total, which included 11,000 from personal and laundry services.

For example, Mercer’s survey found: Industries such as transportation equipment (3.9%), services (non-financial) (3.6%), mining and metals (3.6%), consumer goods (3.6%) and chemicals (3.6%) are providing merit increase budgets above the 3.3% national average.

Concerns and stress are also mounting for employees, noted Laine Thomas Conway, the vice president of engagement services strategy and enablement leader at benefit services provider Alight.

Workspan Daily article; Financial services company Goldman Sachs Ayco recently analyzed the benefits and compensation offerings at more than 400 client companies and found those respondents are increasingly allowing employees to convert paid time off (PTO) into an equitable cash value directly applied toward: ;Student loan payments; ;401(k) accounts; ;Health savings accounts (HSAs); ;Charitable contributions, including donating time to other employees; ;529 plan contributions; ;Monetary payouts; In addition, the Goldman Sachs Ayco report showed more than 25% of these companies have a PTO purchase program, which allows employees to buy and sell their vacation days.

While the TR community awaits Internal Revenue Service (IRS) announcements on retirement plan limitations (due in late October or November) … ;Certain health plan limits were announced in May ( Rev.

“These findings should raise a red flag for employers who rely on freelancers and gig workers to deliver quality services and critical projects,” she said.

Strategies include screening and early detection programs, preventative dental services , increased women’s and family health support, and navigation and care coordination services.

.; One example of a company that successfully implemented a bonus formula plan is a life science and analytics instruments company that sells high-dollar value instruments and more transactional but recurring service, consumables and reagents products to pharma and biopharma research labs.