The slight increase in North America is not surprising, according to Hay Group analysts, because the U.S. economy is only expected to grow 2.1 percent in 2013. Read More
A survey of 123 insurers and benefits administrators, released Dec. 17, indicated that group health care plan cost increases through June 2013 will be between 0.2 percent and 0.6 percent lower than they were in the first half of this year.Read More
Early results of DuPont's program have been encouraging, giving company leaders hope that its new recognition system will have a measurable effect on the company's overall business objectives. Studies also show that companies excelling in employee recognition are 12 times more likely to generate strong business results than their peers.
Despite voter approval liberalizing pot laws in two states, state marijuana laws haven't taken away an employer's right to maintain a drug-free workplace, especially as mandated by the Drug-Free Workplace Act of 1988 for companies with federal grants or contracts.
Thirty-six percent of employees polled in Mercer's annual Workplace Survey indicated that their out-of-pocket costs were 'definitely' commensurate with the health benefits they receive through their employer, down from 44 percent in 2011 and 38 percent in 2010. Read More
Retirement plans are in congressional crosshairs for one basic reason: the tax-deductible contributions made to the plans cost the government tens of billions of dollars a year in reduced tax revenues.Read More
Despite recent state initiatives that decriminalize marijuana, the federal Department of Transportation does not authorize the use of marijuana for any reason. Read More
Much of the $25 billion in assessments—to be paid annually over a three-year period—will be used to partially reimburse commercial insurers writing policies for individuals with high health care costs.Read More
There is a large contingent of HR and benefits managers who face implementation now, during the holiday season no less.
Annual medical spending for an employee with depression is $2,185 higher, or 48 percent more, than for a worker without depression, according to a new study.