Healthcare Premiums Rise Much Quicker than Pay
May 05, 2008—Americans who get employer-based health insurance for their families saw their premiums increase 10 times faster than their income from 2001 to 2005, according to a analysis of government data by the State Health Access Data Assistance Center at the University of Minnesota.
Top 10 Compensation Stories in Last 90 Days
May 05, 2008—The following 10 articles are the most popular among Compensation.BLR.com readers in the last 90 days. The articles are available to both subscribers and non-subscribers.
Landmark Genetic Discrimination Bill Passed
May 05, 2008—Employers and health insurers would be prohibited from discriminating against individuals on the basis of their genetic information, under landmark legislation recently approved by Congress.
Survey: 3 of 4 Employees Stressed over Finances
May 01, 2008—A new survey reports that nearly three out of four U.S. workers are stressed due to financial concerns and that nearly half report that their financial stress impedes their productivity at work. The survey also indicates that many workers would like to have financial counseling available through their employers.
Compensation Costs Continue Steady Rise
April 30, 2008—Compensation costs for private industry rose 0.8 percent from December 2007 to March 2008, after a 0.9-percent increase in the previous quarter, according to a report by the Department of Labor's Bureau of Labor Statistics.
Court Denies Comp to Worker Who Fell Asleep Driving Home
April 30, 2008—An employee on Boston's Big Dig project who was injured in a collision that occurred when he fell asleep while driving home was denied workers' compensation benefits by the Massachusetts Supreme Judicial Court. The employee had argued that he should be considered an exception to the "going and coming rule."
Will Economy Impact College Grad Hiring?
April 29, 2008—About 1 in 5 HR professionals report that economic conditions will likely cause their company to hire fewer new college graduates this year, according to a recent Compensation.BLR.com poll.
Maine Governor Signs Minimum Wage Bill
April 28, 2008—Maine Governor John E. Baldacci on April 17 signed a bill that will increase the state's minimum wage a total of 50 cents over the next 18 months.
Obese Workers Costing Employers $45 Billion
April 28, 2008—A new report on obesity presents some stunning statistics, none less so than the impact on employers, as reflected in this article's title: Obese employees are costing U.S. private employers about $45 billion each year in medical expenses and time lost from work, according to The Conference Board. But that's not to say that employers aren't reacting to the problem.
Massachusetts Triple Damages Bill Becomes Law
April 24, 2008—Governor Deval Patrick recently angered the state's employer community when he let a controversial bill slip into law without his signature. The measure allows employees to collect triple damages for violations of the Massachusetts wage payment laws.
