How climate change is beginning to be added to employee pay and perks

As more employees seek ‘green’ perks and more companies return to pre-pandemic office work, commuting is a likely place to focus efforts to embed climate change within workplace benefits culture. Jeff Greenberg | Universal Images Group | Getty Images More workers in today’s labor market want to take action on climate change in some way … Read more

How Walmart, Chipotle are splitting the wealth of record stock market

Chipotle and Walmart have been among the movers in the universe of big U.S. corporations when it comes to raising pay and offering debt-free college tuition assistance to large, low-wage workforces. Now, they’re sharing another tactic the companies say will have a long-term payoff for employees: publicly traded stock splits. In a rapidly rising stock … Read more

What you need to know about health coverage for new weight loss drugs

Many U.S. companies are grappling with health insurance coverage issues for workers when it comes to GLP-1 drugs for weight loss. Despite the hefty price tag — typically between $1,000 to $1,500 a month — consumers are clamoring for drugs like Novo Nordisk‘s Wegovy and Eli Lilly‘s Zepbound. This class of drugs, historically used to … Read more

What Walmart’s new focus on employee stock means for the labor market

Friday’s huge jobs number showed that the labor market remains highly competitive, with wage increases outpacing expectations, and the retail industry third among those with net job gains. It’s no surprise then that the biggest retailer, Walmart, is increasing its efforts to attract and retain workers. But what’s interesting is a new carrot that it … Read more

2023 layoffs will continue to affect workers in 2024, report says

2023 was a year of layoffs. Over 305,000 U.S. workers were laid off over the year in a series of mass layoffs that started most notably with tech companies, but then spread across industries. “Many businesses had to make tough decisions to reduce their headcounts, especially with the economic uncertainty of early 2023,” Aaron Terrazas, … Read more

The first step to setting an annual budget is simple

This year, 40% of Americans said they do not make financial resolutions for the new year and 68% said they do not have written financial plans at any point in the year, according to research from BMO Financial Group. However, setting a budget goes a long way in managing your personal finances. “Many people spend … Read more

What to know about the Dec. 31 deadline

Tom Werner | Digitalvision | Getty Images As the calendar turns to a new year, you may be at risk for losing money if you have a flexible spending account. Many FSA owners have a Dec. 31 use-it-or-lose-it deadline to use the funds they have set aside for the year. The average forfeit of funds … Read more