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Found 1623 results
Workspan Daily
08/10/2023
Employers Grapple with the Rising Costs of Specialty Weight-Loss Drugs
Specialty drugs designed to treat diabetes but are also effective in aiding weight loss can cost as much as $1,350 per patient per month, and coverage of weight loss medication can add $2.25 to $2.60 per member per month to an organization’s health plan spend.
Author(s):
Michael J. O’Brien
Workspan Daily
12/09/2024
Architect the Comp Team by Considering Size, Structure, Roles
Additionally, the type of work can significantly differ.
Author(s):
Jessica Pontious, Paul Reiman
Workspan Daily Plus+
07/16/2025
A Lesson on Lasering: Get to Know This Stop-Loss Insurance Practice
Types of Lasers While stop-loss insurance lasers are most commonly introduced during a policy renewal — when the carrier has a full year of specific claims data — they also can be present in an initial policy if the underwriters had access to relevant claims information.
Author(s):
Shari Lau
Workspan Daily
05/16/2023
Testing the Applicability of ChatGPT for Compensation Pros
That is, we will perhaps see a slight return to “rewards generalism,” given that reward specialisms and technicalities will be done by the AI — what will matter is the general kind of human intelligence necessary to: Effectively generate ideas and direct the powerful “machine researcher” and then “machine designer” in the overall right direction;Evaluate the results of such research and design,;Apply human ingenuity to find new relationships and applications to the findings of the machine,;Reintroduce the human-improved data into the AI to take it to new heights;Apply the refined results onto the business and the people, to their advantage.; Contrary to what some other people may think, we do not need to wait 20 or 30 years for the future; it is here, and we are building and living it, right now.
Author(s):
Mario Ceron
Workspan Magazine
05/13/2021
Running Lean - Rewarding Employees When Resources are Scarce
Despite many surveys of employer intent still reporting that the “average” employer is budgeting 2% to 3% for pay adjustments (down from slightly over 3% a year ago), a significant percentage of employers cannot fund any increases because of the precipitous decline in their revenues.
Author(s):
Robert J. Greene
Workspan Daily
04/21/2022
Sales Quotas: Friend or Foe?
For selling situations where annual sales forecasts are unreliable, use one of the following techniques: 1) shorten the performance period to improve projection reliability, 2) use a rolling quota of the last three months to set the next month’s number, or 3) count events such as contract signings to measure performance.
Author(s):
David Cichelli
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Workspan Daily
04/04/2023
Provide a Smooth Transition with Better Severance Packages in 2023
“Not providing severance is just bad PR and employees are able to bring many types of employment lawsuits as a result,” Hollis said.
Author(s):
Brett Christie
Workspan Magazine
10/03/2024
Embracing the ‘Ever’ Mindset Through Exponential Change
It means ever-adjusting our employee value propositions; ever-onboarding and ever-orienting our teams toward new directions; ever-designing our career paths and organizational opportunities; ever-assessing our approach to designing benefits programs that people need; and ever-communicating about the changes within our organizations.
Author(s):
Dr. Scott Cawood
Workspan Daily Plus+
04/16/2025
Tracking Your Employees? Make Sure You’re Not Breaking Any Rules
For example: ;New Jersey’s Assembly Bill 3950 , which became law in January 2022, requires employers to provide notice to employees for certain types of geotracking.; ;New York’s Notice of Electronic Monitoring , published in May 2022, requires employers that monitor or otherwise intercept their employees’ telephone calls, e-mail, or internet access or usage to provide written notice to employees.; ;Connecticut’s electronic monitoring law , updated in 2024, forbids employers from engaging in electronic monitoring in areas designed for the health or personal comfort of employees or for the safeguarding of their possessions, such as restrooms, locker rooms or lounges, and intentionally overhearing or recording employment contract negotiations.; ;Just over half of U.S. states prohibit employers asking for employees’ social media account information.; This article discusses what total rewards professionals can do to ensure their organization’s surveillance policies don’t wind up
Author(s):
Audrey Ingram
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