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Starbucks employees make an average wage of nearly $17.50 per hour, with baristas earning $15 to $24 an hour and total compensation of roughly $27 per hour including benefits, according to the company.

Australia Australia Hikes Minimum Wage in Response to Cost-of-Living Surge As of July 1, Australia’s employees on the minimum or award wage system saw a 5.75% rise in pay to $23.23 per hour, or $882.80 per week.

For the United States, the average cost of a private room in a nursing home is $303 per day, which comes to $110,595 per year.

;Important callouts: High-deductible health plans (HDHPs) can now permanently cover telehealth services before the deductible without violating HSA eligibility. … Direct primary care (DPC) arrangements are now compatible with HSAs, and DPC memberships will be considered a qualified medical expense under HSA guidelines (up to $150 per month per individual or $300 per month per family, indexed for inflation). … Bronze and catastrophic plans on state exchanges can be considered HDHPs for HSA eligibility, broadening HSA usage for participants on those plans.; ;Action items: ;Review plan designs to ensure they align with telehealth safe harbor and broadened HDHP eligibility rules.; ;If continuing or considering DPC arrangements, ensure their structure is compatible with HSA eligibility.; ;Determine if reinstating telehealth services before the deductible will be done retroactively to Jan. 1, 2025, only prospectively or not at all.; ;Communicate changes with employees and required notices.

According to NPR, Target will be increasing their minimum wage to $24 per hour this year .

Key Takeaways ;Amazon, Bank of America Announce Wage Increases; ;Proposed Pay Package Could Make Musk World’s First Trillionaire; ;New Report Shows a Rise in Worker Pushback for RTO; ;Wells Fargo Settles DEI Lawsuit Over Fake Interviews; ;Employers Standing Firm on Jobs, Benefits Despite Economic Pressure; Amazon, Bank of America Announce Wage Increases Amazon is increasing its average pay to more than $23 per hour, according to an announcement made Sept. 17.

Theresita Richard, the chief people and culture officer at Patagonia, may have provided a visual model while participating in a panel discussion, “Optimizing Total Rewards in a Volatile Work World,” at WorldatWork’s Total Rewards’24 conference Tuesday morning in Cincinnati.

Total Compensation = Base Compensation + Incentive Compensation + Total Benefits Total Rewards: People and Talent Metrics Absence Rate Absence Rate = (Number of Days Absent / Total Number of Available Workdays) x 100 Cost Per Hire (CPH) CPH = Total Recruiting Costs / Number of Hires Employee Engagement Index Engagement Index = Sum of Engagement Scores / Number of Respondents Human Capital ROI (HCROI) HCROI = (Revenue - Operating Expenses - (Compensation + Benefits Costs)) / (Compensation + Benefits Costs) Offer Acceptance Rate Offer Acceptance Rate = (# of Offers Accepted / Number of Offers Made) x 100 Offer Decline Rate Offer Decline Rate = (# of Offers Declined / Number of Offers Made) x 100 Revenue Per Employee Revenue Per Employee = Total Revenue / Total Number of Employees Time to Fill Time to Fill = Sum of Total Days to Fill All Roles / Number of Roles Filled Training Investment Per Employee Training Investment Per

“The average hospital stay for COVID-19 has cost Delta $50,000 per person.

According to the Indiana Rural Health Association, the state’s rural areas have about 10.3 physicians per 10,000 residents.