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Under Internal Revenue Service (IRS) Section 125 rules , election changes could be made as late as Dec. 31, but administratively, it may be a nightmare for the employer to implement those changes before coverage begins on Jan. 1, so an earlier deadline is set.

Democrats hold a 3-1 majority (one seat is vacant) and will retain control until July 2026 at the earliest.

Another Mercer study — Inside Employees’ Minds (IEM) — revealed just 1 in 2 U.S. women (53%) felt their career goals could be met by their current employer, lower than prior years.

Country 2026 Planned 2025 Actual 2025 Planned 2024 Actual Brazil 5.8% 6.3% 5.6% 5.8% Canada 3.5% 3.5% 3.5% 3.8% China 4.0% 3.8% 5.0% 5.0% France 3.2% 3.1% 3.5% 3.8% Germany 3.4% 3.4% 3.8% 4.0% Saudi Arabia 3.9% 4.1% 4.1% 4.1% United Kingdom 3.6% 3.6% 3.8% 4.0% United States 3.5% 3.5% 3.9% 4.0% Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Compensation; ;Finance and Budgeting; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Employee Compensation; ;Employee Experience; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

.; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Compensation; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Organizational Performance; ;Total Rewards; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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