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So far, four states (California, Minnesota, North Dakota and Oklahoma) have banned the agreements for all workers, and others have set income levels that essentially bar them from a large portion of the working population.

Although rapid growth doesn’t always provide a quick increase in corporate revenue, it does set the stage for greater profitability.

Employers contribute a set amount per month toward an eligible employee’s student loan balance, up to a lifetime cap.; ;Student loan retirement matching contributions.

For WorldatWork Members ;How to Leverage Skills Testing for Total Rewards Success , Workspan Daily Plus+ article; ;Pro Tips on Utilizing Data to Spot and Close Skills Gaps , Workspan Daily Plus+ article; ;A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull , Workspan Daily Plus+ article; ;Navigating the Wild World of IT Skills Pay , Workspan Magazine article; For Everyone ;The Rise of Skills-Based Rewards, and What You Must Do About It , Workspan Daily article; ;Organizations Are on the Skills Bandwagon; How TR Can Drive It , Workspan Daily article; ;Talent Marketplaces: Creating Opportunities for Career Progression , Workspan Daily article; Tapping into an employee’s skill set can be valuable for organizations that want to build talent internally, but according to Mercer’s Global Skills Technology and Adoption Survey , only 43% of employers are connecting talent to work through their talent marketplace (the platform that matches

Many modern banking apps categorize transactions, highlight spending trends, and let users set savings and spending goals.

Additionally, organizations are also paying attention to a key set of new and emerging financial interests as they design benefits strategy, the survey reported.

When survey respondents were asked how they would pay for a costly and unplanned medical bill: ;48% said they would set up a payment plan; ;31% would use general savings; ;28% would rely on credit cards; ;12% would take a hardship withdrawal from their retirement account, with millennials (20%) and Gen Z (16%) more likely to do so than Gen X (6%) or Baby Boomers (3%); Other key findings from Equitable’s survey include: ;37% of Gen Z respondents use platforms like TikTok, Instagram, Reddit and YouTube for benefits information — more than any other generation.

Use the Tools at Your Disposal — And Keep Evolving Employers should understand what they’re trying to accomplish with a modernized benefits communications plan, Mowrer said, so they should set guidelines for how to measure success — and continue tweaking their approach.

“Employers can set defined budgets, work with specialized partners and still provide meaningful access to care that was once out of reach for many,” Farnsworth said, adding that, as with any health benefit, thoughtful design and strong clinical standards are key to responsibly managing costs.

.; Why This Matters Beyond Legal Compliance For many Indian organizations — especially those with large, diverse or contingent workforces — the new labor codes offer a unique opportunity: ;To see TR not as a set of allowances but as a cohesive, equitable and transparent package that includes basic pay, social security, health, safety, contract clarity and portability.; ;To build trust and fairness by leveling the playing field for permanent, contract, gig and platform workers.