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For additional information and historical context to the rule, see these WorldatWork resources: Workspan Daily: Jan. 1 Deadline Is Approaching for OT Final Rule; Will You Be Ready?

CVS Health to L ay O ff N early 2,900 E mployees As reported by Reuters , CVS Health said Tuesday, Oct. 1, it would lay off about 2,900 employees, representing less than 1% of its workforce, to cut costs.

Growth rates for all metrics were measured by comparing LinkedIn data from Dec.1, 2024,to Nov.30,2025,to the same period in the previous year.

Adding these types of performance metrics can provide more stability to the incentive plan and provide the compensation committee with some discretion to adjust outcomes that may not be fair.

Speak to an advisor at 877-951-9191 (United States and Canada), +1-480-951-9191 (outside US and Canada) or email customerexperience@worldatwork.org .

When considering the structure of a GBS, businesses should also have a handle on the types of employees they are looking to attract.

“These types of evaluations can pay significant dividends from an attraction and retention perspective,” he said, “[and] ensure appropriate cost management of these programs and compliance with the myriad of leave laws in existence today.”

“It’s exponential compared to other types of employment segments,” he added.

For WorldatWork Members Considerations to Manage the Costs of GLP-1 Coverage , Workspan Daily Plus+ article;Navigating Living Wages in Total Rewards , Workspan Magazine article;Five Emerging Workplace Trends Affecting the Employee Experience , Journal of Total Rewards article; For Everyone As Interest in GLP-1 Drugs Spikes, Employers Weigh the Costs, Benefits , Workspan Daily article ;Employer Healthcare Costs Projected to Hit 10-Year High in 2025 , Workspan Daily article ;Employers Look to Balance Rising Health Costs, Benefit Upgrades in ’25 , Workspan Daily article ;As Health Costs Spike, Total Rewards and CFO Collaboration Is Crucial , Workspan Daily article ; Healthcare costs in the coming year are expected to rise in varying degrees for employer-provided coverage plans, according to three reports recently published by WTW, Segal and Mercer .

Agency data showed the highest-paid workers are most likely to have paid family leave — more than 1 in 5 of the top 10% of earners have this benefit, compared to 1 in 20 in the bottom 25%.