Compensation & Benefits

According to Mercer, U.S. employers expect health benefit costs to rise by 5.8% in 2025, even after accounting for planned cost-reduction measures.

The monthly median amount that employees will spend on benefits in 2024—excluding retirement savings—is down from the previous two years, data finds. That reveals a troubling trend ahead of open enrollment, experts said.

The Consumer Financial Protection Bureau proposed an interpretive rule that would require earned wage access apps to disclose more information to borrowers, including more details of associated fees and costs.

New data reveals a slight improvement in employee financial well-being amid persistent challenges, including gender disparities and inflation concerns.

Worker pay rose 1.2 percent in the first quarter of 2024, indicating ongoing inflation. See how this could impact wages, benefits, and Federal Reserve decisions.

After months of slow growth, employers spent significantly more on employees’ overall compensation from September to December 2023, according to government figures released March 13.

In the latest sign of financial fragility plaguing workers, credit scores dipped for the first time in 10 years, according to FICO.