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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.

Truth be told, this is no easy task to manage, given that total rewards and HR professionals must swiftly devise compensation solutions in response to economic shifts, complex laws and evolving workforce expectations.

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In each issue of Workspan Magazine, we grab some time with total rewards and HR leaders, industry authorities, consultants, and academics to get their insights on current workforce topics that are top-of-mind for them — and you.

For instance, 1 in 5 new mothers and 1 in 10 new fathers experience a perinatal mood or anxiety disorder such as postpartum depression, anxiety or OCD ( Postpartum Support International 2025).

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 Experience; ;Employee Recognition; ;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.

Review and adjust board succession strategies to address changes in organizational needs and any new or emerging director skills the board may lack.; 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: ;Executive Compensation; ;Finance and Budgeting; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

A coalition of restaurant owners and business groups called Save Local Restaurants said Monday it had filed more than 1 million petition signatures to put the law on hold and place an initiative before California voters on the 2024 ballot.

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 Experience; ;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.