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Forty-nine percent of surveyed organizations now report targeting base pay above the market median (compared to only 36% in 2018), with mature entities almost three times more likely to do so.

According to WorldatWork’s 2023 “ Compensation Structure Policies & Practices ” study, produced with support from Deloitte Consulting LLP, more than a third (36%) of survey respondents reported modifying their compensation structures due to significant changes in market rates.

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That figure for 2026, which considers the financial impact if employers took no action to lower their costs, is in line with other industry prognostications, including: ;Business Group on Health (9%); ;Mercer (9%); WTW survey respondents identified three primary cost drivers for the year ahead: ;Pharmaceuticals , primarily specialty drugs and glucagon-like peptide-1 (GLP-1) medications;; ;High-cost claimants; and,; ;Chronic conditions, especially musculoskeletal disorders and cancers.; As a result of rising costs, claimants and conditions, 1 in 3 surveyed leaders anticipate making “significant changes” to their healthcare benefit programs within the next three years.

And, research from benefit services provider Alight found most Gen Z employees find value in virtual mental health appointments (70%) and mental and emotional health apps (72%).

According to the poll of 200 CFOs in organizations with a minimum of $1 billion in revenues, 72% said the status of the North American economy will be better in a year.

In fact, fewer organizations overall (36%) reported difficulty in attracting and retaining employees, down 9 percentage points from last year’s report and 17 percentage points from the prior year.

In Figure 1, most organizations have not yet taken action, with 45% of global organizations (37% U.S.) adopting a wait-and-see approach and 29% actively reviewing their programs (33% U.S.) as the regulatory environment unfolds.

The total of 36 hours per week makes them full-time employees, entitled to an array of benefits, most notably health insurance — medical, vision and dental, according to LancasterOnline .