Tag

Employee Benefits

All articles tagged with #employee benefits

Employers test subsidized GLP-1 access through eMed and CVS Caremark
healthcare8 days ago

Employers test subsidized GLP-1 access through eMed and CVS Caremark

Telehealth company eMed is partnering with CVS Caremark to let employers offer GLP-1 obesity meds to workers via online prescriptions with comprehensive weight-management support; employers can subsidize the drugs to varying degrees, with prices touted as the market’s most cost-effective option. Aon piloted a similar program for its staff, and CVS sees the move as expanding access through its PBM network for up to 30 million Americans. The program combines online cash purchases with secondary coverage to help keep workplace health costs in check, backed by continuous clinical support and monitoring to improve adherence and outcomes.

Major Employers Pledge $1,000 Match for Employees' Trump Accounts for Newborns
business11 days ago

Major Employers Pledge $1,000 Match for Employees' Trump Accounts for Newborns

The Trump Accounts program will deposit $1,000 for each newborn American citizen, and many companies have pledged to match that amount for employees' children (up to $2,500 per year), with some offering extra incentives such as IBM’s additional $1,000 if $4,000 is invested within 24 months; announcements from December through February cover banks, tech, and other sectors.

Starbucks Announces Store Closures and Severance Packages Amid Turnaround Efforts
business5 months ago

Starbucks Announces Store Closures and Severance Packages Amid Turnaround Efforts

Starbucks announced the closure of over 100 stores across North America, resulting in layoffs for retail and non-retail staff. Laid-off employees received severance packages including pay for 60 to 84 hours, a lump sum for health insurance, and some accrued vacation pay, as part of the company's efforts to support affected staff amid its store turnaround plan.

NBCUniversal Implements Four-Day In-Office Workweek for Employees
business5 months ago

NBCUniversal Implements Four-Day In-Office Workweek for Employees

NBCUniversal is requiring hybrid employees in the US and UK to return to the office four days a week in 2026 or accept a severance package offering eight weeks of pay, continued healthcare for three months, and full bonus eligibility, with the offer available to VP level or below employees who are willing to transition out by the end of the year.

Analysis of the Impact and Cost of the G.O.P. and Trump’s 'Big, Beautiful Bill'
legislation7 months ago

Analysis of the Impact and Cost of the G.O.P. and Trump’s 'Big, Beautiful Bill'

H.R. 1, enacted on July 4, 2025, introduces significant changes to tax rates, deductions, and employee benefits, including permanent tax rate adjustments, a temporary increase in the SALT deduction cap, new deductions for tips and overtime, and enhancements to childcare and paid leave credits, with some provisions retroactive to January 1, 2025.

Trump's Policies and Actions Impacting Student Loan Borrowers and Debt Relief
business7 months ago

Trump's Policies and Actions Impacting Student Loan Borrowers and Debt Relief

The article discusses recent developments in student loan debt collection, including wage garnishments by the Trump administration, and explores how employers can support employees with student debt through benefits like retirement match contributions, PTO exchanges, financial counseling, and educational assistance programs, which could help improve financial wellbeing and reduce stress.

Netflix Scales Back Parental Leave Amid Cost-Cutting Measures
business1 year ago

Netflix Scales Back Parental Leave Amid Cost-Cutting Measures

Netflix is reportedly scaling back its previously generous unlimited parental leave policy, which allowed employees to take up to a year off after the birth or adoption of a child. The company has removed specific guidelines from its culture memo, leading to concerns among employees about the clarity and security of taking extended leave. While Netflix maintains that its policy remains flexible, some employees have expressed concerns about layoffs targeting those on or returning from parental leave.

Netflix Cuts Back on Parental Leave Amid Cost-Saving Measures
business1 year ago

Netflix Cuts Back on Parental Leave Amid Cost-Saving Measures

Netflix is reportedly scaling back its previously generous unlimited parental leave policy, which allowed employees to take up to a year off after the birth or adoption of a child. The company has removed specific guidelines from its culture memo, leading to concerns among employees about the clarity and security of taking extended leave. While Netflix maintains that its policy remains flexible, some employees have expressed unease, citing layoffs and ambiguous language as factors impacting their comfort in utilizing the leave.