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Compensation

Oklahoma Bills Would Allow Employers to Opt Out of State Workers' Comp System

February 28, 2012
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If approved, Oklahoma would become the second state to adopt an alternative workers comp system. Texas has operated a similar opt-out system since 1913.
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Workin' Hard for the Money: Dancers on the Poverty Line

February 27, 2012
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A new study points out that 40 percent of New York City's dancers work three to five jobs to get by, and a quarter of them are working in restaurants or hospitality to make ends meet.
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Workers' Comp Assessments 5 Times Higher for N.Y. State Employers: Analysis

February 23, 2012
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The average premium assessment among 32 states that impose the taxes is 4.2 percent. In contrast, New York state employers pay assessments totaling 20.2 percent of their premiums.
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Back Injuries Account for 26 Percent of Workers' Comp Payments in California

February 22, 2012
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Back injuries reportedly comprised 26.3 percent of workers' comp payments in California between 2001 and 2011—the highest percentage of any injury type.
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Personal Finance: Cure the Worry Bug With a Dose of Education

February 21, 2012
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Financial stress and uncertainty are serious workplace issues, a study by MetLife Inc. shows. Seventy-eight percent of employers said concerns over financial problems could have a negative effect on productivity. The study also found that effective financial education lowers stress, reduces absenteeism and increases productivity among the workforce.
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GM to Phase Out Salaried Pensions, Shift Workers to 401(k) Plan

February 15, 2012
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About 70 percent of General Motors' 26,000 salaried U.S. workers are enrolled in a defined benefit, or traditional, pension plan. Those workers will be shifted to a 401(k) plan starting on Oct. 1, said Cindy Brinkley, GM's vice president of global human resources.
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Rapidly Growing Older Workforce Demands Employer Attention to Injuries

February 14, 2012
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The number of older U.S. workers will continue growing, perhaps at a greater pace than observers expected several years ago, because of the Great Recession's negative effect on worker savings, employers' desire to retain skilled workers, and rising health care costs that are keeping more older employees in the workforce
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State Law Favored Over Feds in Overtime Case

February 13, 2012
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When involved in overtime claims based in state law, employers must initially review applicable state statutes and regulations before relying on federal tests, especially when in California.
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Chrysler Rolling Out Bonuses

February 8, 2012
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Chrysler Group hourly and salaried workers will receive profit-sharing and performance bonuses on Feb. 10, just nine days after the automaker reported a $183 million profit for 2011.
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NFL Concussion Lawsuits May Turn on Workers' Comp Rules

February 2, 2012
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The pro football league is named as a defendant in 21 suits that allege the league negligently misled at least several hundred players about the dangers of concussions and other head injuries.
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