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News Archive

Health Care Insurance—News—New York

10 Best Health Plans
October 27, 2006—The best commercial health plan in the United States this year is Harvard Pilgrim Health Care, according to a ranking published in U.S. News & World Report.
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Bonus Payments—News—New York

Report: Bonuses to Rise 15 Percent on Wall Street
August 15, 2006—A study by consulting firm Johnson Associates forecasts that bonuses on Wall Street will rise 15 percent this year, Reuters reports.
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Compensation Administration—News—New York

Nurses Say Hospitals Conspired to Depress Pay
June 21, 2006—Nurses in four cities have filed class-action lawsuits accusing hospitals of conspiring to keep nurses' wages at artificially low levels, the New York Times reports.
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Hours of Work—News—New York

Call Center to Pay Workers $405K for Pre-Shift Work
April 20, 2006—Washington Mutual has agreed to pay $404,981 to call center employees in Albion, New York, after the Department of Labor's Wage and Hour Division accused the company of failing to pay the workers for pre-shift work.
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Bonus Payments—News—New York

Wall Street Bonuses Set Record
January 12, 2006—The average Wall Street bonus grew to an average of $125,500 in 2005, a new record and an increase of 10 percent from 2004, according to a forecast by New York State Comptroller Alan G. Hevesi.
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Records—News—New York

Employer Penalized for Destruction of Records
December 02, 2005—A federal court sitting in New York recently heard a wage payment case illustrating the gravity of the risk a company takes when it destroys documents relevant to ongoing litigation.
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Benefits—News—New York

Grocer Tops 2005 'Best Places to Work for' List
January 11, 2005—Wegmans Food Markets, a four-state chain of grocery stores based in Rochester, New York, tops Fortune magazine's eighth annual "100 Best Companies to Work For" list.
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Equal Pay—News—New York

Morgan Stanley Settles Landmark Discrimination Case for $54M
July 13, 2004—The Wall Street investment house Morgan Stanley agreed Monday to a whopping $54 million settlement of a sex discrimination lawsuit brought against it by the U.S. Equal Employment Opportunity Commission (EEOC) on behalf of female employees who believed they had been illegally passed over for pay raises and promotions.
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Bonus Payments—News—New York

HR Figures Prominently in Stock Exchange Scandal
May 26, 2004—The human resources director of the New York Stock Exchange and a major HR consulting firm have become key players in the scandal surrounding a $139.5 million pay package for former NYSE Chairman Richard Grasso.
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Bonus Payments—News—New York

New York Sues Over Grasso's $187M Pay Package
May 25, 2004—New York Attorney General Eliot Spitzer has filed a lawsuit asking a judge to rescind a $187.5 million compensation package the New York Stock Exchange awarded to former chief of the exchange Richard Grasso.
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