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NAPHIA executive director Kristen Lynch noted the 25.7% average policy growth rate in the North American market over the past five years demonstrates pet owners increasingly understand the value of — and need for — this type of insurance, which is important considering: These owners, in aggregate, have more than 170 million pets (dogs, cats, etc.)

For example, comprehending the impact of increasing the amount of upside available for a certain type of sale and being able to make an informed decision as to whether the increase in sales performance outweighs the increase in expenses is critical when managing costs.

In the area of employee recognition, Steckler said AI-driven nudges can: ;Reinforce key employee behaviors aligned with corporate priorities, values and leadership principles,; ;Ensure investment in recognition efforts directly support cultural transformation and critical focus areas, and; ;Drive strategic business priorities by encouraging the types of behaviors that fuel success.; “By making it easy and natural for employees to take action, AI-powered nudges ensure that total rewards programs deliver maximum impact — without overwhelming employees with information or mandates,” she said.

Cover a wide range of questions on caregiving responsibilities, types of support needed and current challenges.; ;Tip: Partner with ERGs to gain insights into the specific needs of various employee groups — such as caregivers, parents, single individuals, the LGBTQ+ community and pet owners — whose responsibilities may overlap but have individual nuances.; ;Tip: Recognize that some employees may have intersecting needs, such as a single father caring for a child with a disability, and be sensitive to how your care benefits include them.; ;Tip: Host focus groups and facilitate discussions with open-ended questions.

After organizations deliberate on the legal aspects, Wells said they should also consider their company culture to determine if a PTO conversion program is a good fit and if their employees would actually utilize this type of benefit.

In our survey, 1 in 5 respondents said concerns about economic uncertainty will lead them to alter the amount or type of executive benefits they offer.

With AI, TR/HR professionals can make these types of decisions without guesswork and bias.

Under the plan, Target’s hourly employees who work a minimum average of 25 hours a week will be eligible to enroll in a company medical plan, down from the previous requirement of 30 hours per week.

Under Proposition 22, the companies offer health insurance for drivers who work 15 hours or more a week, occupational-accident insurance coverage and 30 cents for every mile driven, among other projections.