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Workspan Daily article; ;Workforce Worries: Finances, Job Security and AI Are Weighing Heavily, Workspan Daily article; ;Mini-Study: AI in Total Rewards, research; ;AI in the Real World: What People Are Actually Doing and Why It Matters , May 12 webinar; While artificial intelligence (AI) adoption is accelerating, 40% of organizations are still uncertain about its impact on their specific roles, according to the latest global total rewards (TR) pulse survey by consulting firm Korn Ferry.

The report, based on a poll of 2,000 U.S. adults, showed: ;33% of respondents increased their unsecured debt over the past 12 months.; ;34% said they are unable to make the full monthly payment on all their debts.; ;28% said their debt is unmanageable.; ;Many stated they had trouble sleeping (49%), felt anxious or on edge (50%), or felt overwhelmed (44%) because of their financial situation.; ;20% said they use alcohol or other substances to cope with financial stress, and 14% have delayed or skipped medical treatment because of money.; ;53% said their household’s finances “need a strategic reset.”

According to a WorldatWork mini-survey of 125 members conducted last year, more than 8 in 10 respondents (84%) said they offer QTFBs — in some cases by choice and in other cases because they are required to do so under state or local mandates.

For example, an award with a value of $100,000 that would have otherwise vested 12 months after the CIC date would have a discounted parachute value of $17,000 ($12,000 for lapse of vesting obligation plus $5,000 for the present value component).

The number increased to 835 suits in the 12 months through the end of March, compared to 581 in the previous period.

The report, which analyzed data from 12 million employees at more than 330 companies in the U.S. and Canada, have been tracking the state of female workers since 2015 , with the findings published in an annual report.

Witlin believes a realistic timeframe is that the threshold change will be issued within the next 12-18 months.

The job cuts, which are expected Feb. 12, 2024, are tied to the pharmaceutical giant’s operations in Somerset County’s Peapack-Galdstone borough.

As the lawsuit process begins, 12 Democratic attorneys general (AGs) on Monday, Feb. 3, warned federal employees about taking the OPM offer, claiming it is “misleading.”

.; ;Employees who were paid at least 50% of their regular wages for a minimum of two weeks but no more than 12 weeks per year.