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U.S. employers also reported that high-performing employees (26% of their workforce) received merit increases 1.4% higher than those for middle performers and 3.9% higher than low performers.

He said that, anecdotally, Mercer has seen some trends around employees choosing HSA options, with: ;Individual employees a bit more likely to choose them than families;; ;Younger and older employees a bit more likely to choose them than more middle-career employees; and; ;Lower- and higher-income employees more likely to choose them than middle-income employees.; Maximize the HDHP to Maximize Enrollment Domaszewicz noted HDHPs, and specifically HSA-compatible HDHPs, continue to be a very viable benefits option for employers and employees.

Side Dishes to the Wage News Apart from the raise to $20 an hour, the new law also creates a Fast Food Council , which will be housed within the state’s Department of Industrial Relations.

“Our hybrid work model helps us attract and retain top talent and sets us apart from other companies in our industry — and we remain committed to this model,” the memo said.

Many companies set their pay targets at the median or 50th percentile — right in the middle of the market.

District Court for the Middle District of Florida ruled on Aug. 14 that the FTC’s noncompete ban is not enforceable.

Industry Trends and Innovation The current evolution of retirement income solutions is as follows: ;Product development is in the middle stages of maturity, with several innovative solutions available.; ;Recordkeeper adoption remains in the early stages due to technological integration challenges.; ;Plan sponsors are just beginning to recognize the importance of structured income solutions in DC plans.; Several innovative strategies are emerging to bridge the gap between savings and sustainable income.