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In EHPs, CEOs’ target total direct compensation comprises a higher portion in short-term incentives (STI) plus long-term incentives (LTI) than in the broader market (Figure 1).

How We Got Here In April 2024, the DOL, with the support of the Biden administration, issued its final rule to: Significantly raise the minimum salary for exemption as an EAP employee under the FLSA — from the $35,568 annual standard outlined in the DOL’s 2019 final rule to $43,888 beginning on July 1, 2024, to $58,656 on Jan. 1, 2025, with subsequent automatic escalator provisions.

House of Representatives narrowly passed H.R. 1 , labeled by President Donald Trump and his administration as “The One Big, Beautiful Bill”.

In fact, a 2024 survey by the International Foundation of Employee Benefit Plans found that 20% of organizations indicate a utilization rate of less than 1%, and another 50% indicate utilization between 1% and 5%.

Benefits of Belonging The KPMG survey found 87% of workers said friendship-enabling work cultures are crucial for talent retention , and 1 in 4 cited increased productivity and motivation to go beyond job requirements as the leading benefit.

Each comes with material cost, legal and employee experience considerations. 1.

Gender Pay Gap Is Getting Bigger , Workspan Daily article; ;Report: 1 in 3 Organizations Don’t Have a Pay Equity Strategy , Workspan Daily article; ;Pay Equity Course Series , education; The wage divide is growing, and artificial intelligence (AI) may be the source, according to new research released in December by Revelio Labs.

Access a bonus Workspan Daily Plus+ article on this subject: ;The Cynicism Tax: When ‘Wellness’ Costs More Than It Saves; Root Causes During many organizations’ response to the global pandemic, well-being became the No. 1 healthcare priority, according to Regina Ihrke, a managing director and the North American health, equity and well-being leader at consulting firm WTW.

., a senior research scientist at the University of Southern California’s Marshall Center for Effective Organizations, finds that fewer than 1 in 3 ERGs is generational (compared to 90% focused on women and 74% on African American/Black employees).

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; ;Employee Experience; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.