Pay Range Adjustments Slowly Continue to Climb

November 14, 2012 No comment


Kansas City, Kan. — The average pay increase budget projected for organizations in 2013 is 2.8 percent, up slightly from 2.7 percent reported in 2012 according Compdata Surveys 2012 BenchmarkPro survey results. Pay range adjustments aren’t expected to show much improvement either as more than three-quarters of organizations have a formal pay structure with pay [...]

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Hospitality Employers Turn to Wellness Programs to Suppress Rising Costs

November 1, 2012 No comment


Kansas City, Kan.— In 2012, more than half of hospitality employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Hospitality survey results. The average increase reported by these organizations was 8.4 percent, down from 9.3 percent reported in 2011 and 9.9 percent reported in 2010. Despite the drop in the [...]

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Flexible Spending Accounts Face a Big Change in 2013

October 30, 2012 No comment


Kansas City, Kan.— Medical costs are continuing to soar, leaving many Americans clambering to find a way to alleviate some of the burden of expensive medical care, particularly procedures insurance doesn’t fully cover. Many employers are providing assistance by offering flexible benefit programs, such as flexible spending accounts to their employees as a part of [...]

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Americans Eyeing Executive Salaries as Election Approaches

October 24, 2012 No comment


Kansas City, Kan. — With the election just two weeks away and much emphasis being placed on the increasing wage gap between the upper and middle classes, executive pay is once again becoming a source of scrutiny for many Americans. Compdata Surveys’ Executive Compensation 2012/2013 survey results reported chief executive officers earned an average base [...]

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Banking and Finance Employers Turn to Wellness Programs to Suppress Rising Costs

October 22, 2012 No comment


Kansas City, Kan.— In 2012, nearly 59 percent of banking and finance employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Banking & Finance survey results. The average increase reported by these organizations was 8.4 percent, down from 9.6 percent reported in 2010 and 2011. Despite the drop in the [...]

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Insurance Costs Continue Trending Upward for Manufacturing & Distribution Organizations

October 18, 2012 No comment


Kansas City, Kan.— It’s no surprise that with a looming nursing shortage, obesity at epidemic levels and baby boomers entering their golden years that there isn’t any foreseeable end in sight to the rising cost of healthcare. In fact, the 2012 Compensation Data Manufacturing & Distribution survey results reported the average annual cost of insurance [...]

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Hospitality Employers Seek Ways to Create a Flexible Work Environment

October 16, 2012 No comment


Kansas City, Kan.— As economic conditions continue to slowly improve and companies are once again beginning to hire new employees to rebuild their workforce, employers across the country are looking for ways to attract and retain employees without resorting to hefty pay increases or expensive benefit plans. As a result, some employers have found that [...]

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Not-For-Profit Employers Turn to Wellness Programs to Suppress Rising Costs

October 9, 2012 No comment


Kansas City, Kan.— In 2012, roughly two-thirds of not-for-profit employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Not-For-Profit survey results. The average increase reported by these organizations was 8.6 percent, down from 9.9 percent reported in 2011 and 10.3 percent in 2010. Despite the drop in the average premium [...]

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Hospitality Employers Scramble to Find Relief on Prescription Costs

October 2, 2012 No comment


Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to hospitality employers who are largely footing the bill, as an overwhelming majority still [...]

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Banking and Finance Employers Seek Ways to Create a Flexible Work Environment

October 1, 2012 No comment


Kansas City, Kan.— As economic conditions continue to slowly improve and companies are once again beginning to hire new employees to rebuild their workforce, employers across the country are looking for ways to attract and retain employees without resorting to hefty pay increases or expensive benefit plans. As a result, some employers have found that [...]

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