Though you may be used to just looking at the money, sometimes it’s peace of mind, mental health, work-life balance, or something you can’t quite put a dollar sign in front of that brings you an even bigger benefit.
(Wall Street Journal) — Big employers faced with incorporating the first round of health-care changes next month are grappling with how to comply with the long list of new rules. Many companies are hiring consultants to help sort though the mountain of new mandates, which include extending dependent coverage to children up to age 26, […]
(Businessweek) — Rick Raymond parked his black Kia SUV behind a row of trees and peered out at his target. It was 4 a.m. on a recent morning, and Raymond—a seasoned private detective who has worked roughly 300 cases, from thieves to philandering spouses—was closing in on a different sort of prey. Recently, Raymond has […]
(Crain’s) — Fewer workers in New York are getting health coverage from their employers, according to a new study. The proportion of workers with employer-sponsored insurance has fallen dramatically over the past decade, to 58% in 2009 from 69% in 2001, and lags the national average of 65%, according to a study by the New […]
(Washington Post) — Local banks are reporting a resurgence in the popularity of workplace banking programs, as companies look for low-cost measures to beef up benefits in a constrained economic environment. These programs typically offer employees free or discounted financial services, while providing banks a source of new customers. Amol Gupte, head of treasury and […]
(New York Times) — With health care costs climbing even higher during this enrollment season, more employers are adopting a tiered system to pass on the bulk of those costs to their employees by assigning bigger contributions to workers in top salary brackets and offering some relief to workers who make less money. For years, […]
(AJC) — When it’s time to go to work, Pamela Fann, a national account coordinator for the Coca-ColaCo., doesn’t need to worry about monitoring morning traffic and weather reports from home to her corporate offices in downtown Atlanta or Dunwoody. Fann’s job as a 24-hour call-center coordinator begins once she powers up her home-office computer or picks […]
(NYT) — Against the wishes of a veto-proof majority in the City Council, the Council speaker, Christine C. Quinn, effectively shelved a much-debated bill that would have required all employers in the city to provide paid sick days to their workers. Ms. Quinn said Thursday that she could not support the measure because she feared that it […]
(NYT) — The city has fired the first salvo in a battle with the firefighters’ union over reducing staffing and controlling medical leave. In a letter Tuesday to the Uniformed Firefighters Association, the city said it planned to let lapse a deal that allows 60 engine companies to staff each shift with an extra firefighter, […]
(Chicago Sun Times) — The CTA started making nonunion workers take furlough days and unpaid holidays back in 2009, to cut costs as tax revenues plunged. But while salaries have fallen, one category that’s up on the CTA payroll is “vacation buyback.” Under the CTA’s buyback policy, a worker can choose not to take up […]
(WSJ) — A new business-backed study pegs the price tag of a proposed city law requiring paid sick leave for all workers at $789 million a year, kicking into high gear a debate over how much the legislation would cost employers and how many people it would help. The Ernst & Young study—commissioned by the […]