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.;59% reported covering glucagon-like peptide-1 (GLP-1) drugs for weight loss with specific eligibility criteria, while others limit coverage to diabetes treatment or are still evaluating broader coverage.;57% have implemented step therapy or prior authorization protocols for specialty drugs.; When looking at external pressures shaping 2026 planning, CHROs most frequently cited: Geopolitical instability (46%);Inflation-driven economic uncertainty (42%);Legal/regulatory uncertainty (39%);Impact of additional tariffs (35%); Starbucks Unveils Incentive Program for Hourly Workers Starbucks has introduced an incentive rewards program aimed at giving hourly employees, referred to as “partners,” more opportunities to share in the coffee chain’s financial success.

Particularly in the retail industry, recent economic and market uncertainty are expected to impact fiscal year 2022 incentive plan outcomes and create goal setting challenges in -2023 and beyond.

Some legal analysts do not anticipate other states immediately following the same additional pay transparency requirements, as most seem content with the federal requirement to file the EEO-1 report, a mandatory annual data collection that requires all private sector employers with 100 or more employees to submit demographic workforce data, including data by race/ethnicity, sex and job categories.; Among the many headwinds Silicon Valley companies currently face this year are new regulations that are designed to increase pay transparency but could also cause compliance headaches.

Proficiency Levels: 1 = None; 2 = Basic; 3 = Intermediate; 4 = Full Section 1: Administrative and HR Compliance Essential Knowledge Rating Training Needs Time and attendance: Proficiency with payroll software, approving time-off requests, and managing schedules and overtime.

The housing industry never fully recovered from the financial crisis and Great Recession of 2007-2009, she explained, and as a result, demand for housing today is far greater than the supply that’s available.

Key Takeaways British Columbia to Raise Minimum Wage This Summer;Southwest Airlines Announces First Mass Layoffs;Goldman Sachs, Deloitte Ending DEI Programming;First Rules for Artificial Intelligence Act Begin for European Employers;Japanese Company Offers Employees ‘Hangover Leave’; British Columbia to Raise Minimum Wage This Summer On June 1, the general minimum wage in British Columbia, Canada, will increase from $17.40 to $17.85 per hour.

; ;The Monumental Mission of Meaningful Mentorships; ;Proactive TR Pros See ‘Train’ of Change Coming, Take Steps to Act; ;The Keys to Creativity and Driving Innovative Total Rewards; ;The Pros and Cons of Giving Managers Discretion on Merit Increases; ;Using Analytics, Innovative Framework to Transform HR/Total Rewards; ;How An Industry Leader Sees Technology Transforming Total Rewards; ;Biopharma Compensation Leader Has Put AI Under the Microscope; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Employee Compensation; ;Total Rewards; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Actions to consider include: ;Offer comprehensive wellness programs that can increase the overall health of your workforce and potentially identify conditions and treatment before they become more significant.; ;Implement strategies like centers of excellence for costly procedures (e.g., organ transplants, cancer treatments), which can provide quality care at a lower, negotiated rate.; ;Pursue pharmacy benefit management (PBM) strategies to manage high-cost specialty drugs like glucagon-like peptide-1 (GLP-1).; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Finance and Budgeting; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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While the law takes effect on July 1, 2025, employers in the state should begin taking steps toward eventual compliance.; Vermont Gov.