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Having strong analytics and pay administration is more important than ever when addressing compression, she said, and employers need to be deliberate in setting their annual salary budgets.

In addition, the continuing consolidation of healthcare providers into fewer, larger systems has given them greater ability to work with insurers in setting reimbursement levels.

A successful rewards strategy isn’t a “set it and forget it” system; it demands ongoing evaluation and action.

He noted that employers offering unorthodox perks may lessen the stress of commuting to the office and working set hours, as well as move the needle on creating or bolstering a company’s culture.

Save Reuse Permission As reported by CBS News , Tesla workers at a plant in Buffalo, New York, announced a campaign to form what would be the electric car company's first union, setting up a potential clash with CEO Elon Musk.

Family-Starting Benefits LGBTQ+ individuals face a unique set of challenges when it comes to starting a family.

Trump had installed her as acting chair in January, with a term set to expire on July 1.

READ: Boost Usage of Mental Health Benefits Through Peer Storytelling Setting the Stage for Success There’s no one-size fits all benefits enrollment communication strategy, but organizations this year are implementing more tactics and channels than ever before to meet people where they are — in pursuit of personalized communication, less complexity, targeted education and streamlined decision making.

Arnold: For TR functions that are more mature in harnessing emerging technologies, what sets them apart in terms of culture, leadership, mind-set or any other factor?

Building these skill sets in a workforce that is diverse in terms of gender, age, education and experience, race, and national origin provides multiple perspectives and insights needed with increasingly diverse markets and populations.