Comp & Benefits: Page 17
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US pay raises to dip, but remain high in 2024, WTW says
While employers are still worried about the job market, fewer say they’re struggling with attraction and retention.
By Ginger Christ • Dec. 13, 2023 -
Workers received fewer — and smaller — raises in 2023, report finds
While a little more than half of workers described themselves as happy or content with their salary, most could still be tempted away.
By Emilie Shumway • Dec. 12, 2023 -
Explore the Trendlineâž”
Adeline Kon/HR DiveTrendlineInside the rapidly changing world of employee benefits
Healthcare costs are climbing and employee needs are changing. How can HR professionals adapt?
By HR Dive staff -
Cigna pulls out of Humana deal: WSJ
Cigna and Humana are abandoning merger discussions less than two weeks after news of the potential deal dropped, following a less-than-positive market reaction.
By Rebecca Pifer • Dec. 11, 2023 -
Sponsored by Protiviti
Navigating your post-pandemic rewards strategy
Explore data-driven strategies for fair, transparent, and effective HR reward decisions aligned with an evolving post-pandemic work model.
By Johnny Martinez, Director People Advisory and Organizational Change, and Lexi Clarke, Chief People Officer Payscale • Dec. 11, 2023 -
Court approves Cargill’s $2.4M settlement of Kronos outage wage claims
Employees alleged that the Kronos Private Cloud ransomware attack resulted in unpaid wages and overtime, among other damages.
By Ryan Golden • Dec. 8, 2023 -
Most HR pros say RTO is creating a retention problem
The unhappiness wrought by return-to-office policies may be feeding in to a more general cloudiness in employee mood.
By Emilie Shumway • Dec. 8, 2023 -
Pay transparency laws risk colliding with antitrust concerns
HR leaders are being instructed to tread carefully when talking about wage and salary information among peers, even casually.
By Ramona Dzinkowski • Dec. 8, 2023 -
Want employees to use their benefits? Rebrand them, experts say.
“A lot of it is less in the design of the benefits, it’s more in the communication and marketing of them,” WTW’s Casey Hauch told HR Dive.
By Ginger Christ • Dec. 7, 2023 -
Deep Dive
How employers tackle the social determinants of work
Companies are seeing workers more holistically and looking for ways to meet them where they are.
By Ginger Christ • Dec. 5, 2023 -
WTW: Cost of US healthcare benefits expected to rise 8.9% in 2024
The cost increases are primarily due to medical professionals recommending too many services and insured members’ poor health habits, according to a WTW survey of leading insurers.
By Laurel Kalser • Dec. 3, 2023 -
Why EAPs go unused despite growing mental health awareness
Many factors contribute to the historic underutilization of employee assistance programs, despite their value as an access point to quality care.
By Ryan Golden • Dec. 1, 2023 -
DEI top priority for Coty as it expands global parental leave policy
The cosmetics and fragrance brand also said it had achieved its 2022 pay equity goal and has a gender pay equity gap of less than 2% across all its global management.
By Zoya Mirza • Dec. 1, 2023 -
BNY Mellon to boost minimum hourly wage to $22.50 in March
The bank is also expanding the mental health resources, to allow for up to 12 no-cost therapy sessions annually, up from five, BNY Mellon said Friday.
By Dan Ennis • Dec. 1, 2023 -
Adoption benefits on the rise
More than a third of U.S. companies offer paid adoption leave, per a SHRM benefits survey.
By Ginger Christ • Nov. 29, 2023 -
What drives worker fulfillment? Cash, apparently.
A strained economy has workers going back to the fundamentals.
By Emilie Shumway • Nov. 28, 2023 -
Average per-worker cost of health benefits rose by 5.2% in 2023: survey
Inflation is a contributor to the increase, but rising prescription drug costs are likely to have a longer-term impact, according to a Mercer report.
By Emily Olsen • Nov. 22, 2023 -
Subaru to raise wages after similar moves by nonunionized automakers
The decision impacts Subaru’s sole U.S. assembly plant in Lafayette, Indiana, which employs over 5,600 workers.
By Eric Walz • Nov. 20, 2023 -
Walgreens to close some stores for Thanksgiving, joining retail trend
The company’s decision was based in part on employee feedback, an executive said Thursday.
By Ryan Golden • Nov. 17, 2023 -
7 stories on child care and the workplace
The strain on working parents has received new attention recently.
By Emilie Shumway • Nov. 17, 2023 -
Pet insurance is the ‘in vogue’ voluntary employee benefit
Pet insurance transcends employer groups and industries, said Mercer’s voluntary benefits office leader.
By Ginger Christ • Nov. 16, 2023 -
Employers mull benefits coverage for weight-loss drugs after ‘exciting’ developments
Recent news about medications Zepbound and Wegovy are promising, but health plans have questions, one consultant told HR Dive.
By Ryan Golden • Nov. 16, 2023 -
Massachusetts considers 4-day workweek incentive
Companies would receive tax credits to offer employees four-day workweeks without a reduction in pay or benefits as part of a pilot program.
By Ginger Christ • Nov. 15, 2023 -
DailyPay wage payments delayed due to Friday snafu
The early wage access company didn’t immediately make some payments to workers because of a snag related to the Veterans Day holiday.
By Lynne Marek • Nov. 14, 2023 -
Hyundai is raising wages 25% by 2028 for production workers
The pay hikes will impact employees at the automaker’s assembly plant in Alabama and its electric vehicle factory in Georgia, which is under construction.
By Eric Walz • Nov. 14, 2023 -
Student loan debt makes workers more likely to job hunt, ADP researchers find
Repayment assistance — which gained steam in the years before the pandemic — may be one way employers can help as paused payments resume.
By Emilie Shumway • Nov. 14, 2023