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Learn: Health and Welfare Plans: Strategic Planning and Design Consumers with both types of plans were more likely to make cost-conscious decisions, such as comparing service costs at different facilities before receiving care, in 2023 compared to the year before.

A recent survey of workers found many have difficulties understanding health plan types, costs and terms.

It’s also worth taking a look at the types of PTO programs being offered — such as an overall bank of hours, separate vacation and sick time, or floating holidays — and ensure they best fit the workforce.

When leaders are aware of the types and categories of issues employees are bringing to ombuds, hidden opportunities for growth within the organization and its workforce may be revealed, according to Mary Rowe, Ph.D., an adjunct professor of negotiation and conflict management at the MIT Sloan School of Management, and lead author of the working paper , “The Most Serious Cases Reported by Organizational Ombuds: Data from Surveys and Interviews.”

PBMs are progressively exploring ways to incorporate those types of offerings into their own apps and services that they offer insurers and employers, which total rewards professionals can vet as they’re assessing vendor solutions — a timely task as health costs continue to increase .

What are the pros and cons of this type of transparency?

.; Fuel Transport Announces 35-Hour Workweek Logistics and transportation company Fuel Transport announced April 2 it has revamped its employee policies to include a 35-hour workweek for certain employees, without affecting those workers’base compensation.

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Meantime, the motivation to plan for retirement is there, suggests Fidelity Investments’ 2022 State of Retirement Planning Study, and it surpasses the drive to plan for other financial milestones like owning a home or planning a wedding (see Figure 2). 80% of people with a strong understanding of longevity save regularly for retirement. 2.

., customers, employees, non-U.S. parties) by reframing or backtracking on DEI and (2) the reputational and litigation risks from continuing their DEI programs.