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Andy Banducci, the senior vice president of retirement and compensation policy within the ERISA Industry Committee, remarked that plan audits commissioned by EBSA have taken as long as seven years to complete due to turnover.

This new partnership between two industry leaders in employee benefits and Total Rewards education allows the International Foundation of Employee Benefit Plans and WorldatWork to combine their expertise and bring together comprehensive solutions on a global scale.

Therefore, some plans are evaluating whether they should cover AOMs (such as glucagon-like peptide-1, or GLP-1), and how to optimize coverage, such as re-evaluating eligibility to manage costs while prioritizing those most in need.

The Illinois Legislature passed “The Paid Leave for All Workers Act” Jan. 1 that is set to take effect in 2024.

.; ;Less than 1 in 3 workers are confident their organization will guide them on the skills they will need in the future of work.; This article discusses how HR and total rewards (TR) leaders can help close communication and transparency gaps and improve employee trust in AI adoption.

For WorldatWork Members ;Considerations to Manage the Costs of GLP-1 Coverage , Workspan Daily Plus+ article; ;The What, How and Why of Performing a Cost-Benefit Analysis , Workspan Daily Plus+ article; ;Health Insurance Selection Checklist for Employees, Workspan Daily Plus+ article; ;Use This Checklist Toward Modernizing Your Pharmacy Benefits , Workspan Daily Plus+ article; For Everyone ;Rising Healthcare Costs Forcing Employers to Rewrite Their Game Plan , Workspan Daily article; ;Healthcare Cost Projections Necessitate TR Strategy Updates , Workspan Daily article; ;Preventive Care Can Lift Employee Well-Being, Lower Healthcare Costs , Workspan Daily article; ;As Interest in GLP-1 Drugs Spikes, Employers Weigh the Costs, Benefits , Workspan Daily article; ;Cost-Benefit Analysis May Help You Maximize Your Offering Spend , Workspan Daily article; Employers are facing a higher spike in healthcare costs than they’ve seen in years.

Notably, 66% of employers said the growing use of GLP-1 medications are impacting their approach to well-being programs such as fitness challenges and weight management, although only 2% plan to reduce or eliminate programs as a result.; ;Financial health , with educational opportunities and tools to support financial decisions offered by 92% of employers.; ;Lifestyle savings accounts and well-being incentives , averaging $600 per employee across surveyed organizations.

Workspan Daily Plus+ article;Use This Template to Create Your Paid Family and Medical Leave Policy , Workspan Daily Plus+ article;What Are TR Pros’ Options for Paid Care Leave Design , Workspan Daily Plus+ article;Checklist for Total Rewards to Be Compliant with H.R. 1 Provisions , Workspan Daily Plus+ article;FMLA Advisor , tool; For Everyone Wage-and-Hour Compliance: You Are Either Fine or Fined , Workspan Daily article;DOL Outlines Self-Audit Programs to Comply with FLSA, FMLA and More , Workspan Daily article;A Clause on Clawbacks: Bill Aims to Close ‘Loophole’ in FMLA , Workspan Daily article;How the H.R. 1 Law Impacts Paid Family Leave Tax Credits for Employers , Workspan Daily article;Migraine Sufferers Report Work Issues.

"With low unemployment and sizable numbers of openings in many industries, wellness weeks can be eye-catching for job hunters."

While tariff amounts vary from country to country and market to market, they’re likely to impact the sales of most U.S. businesses across industries.