Offering Tuition Reimbursement Gives Employers Competitive Edge

September 27, 2012 No comment


Kansas City, Kan.— Even as tuition rates continue to escalate, the number of working adults re-entering the classroom to earn college degrees is on the rise. Many employers have picked up on this trend and are seizing the opportunity to offer a valuable benefit to their workforce. The Compdata Surveys Benefits USA 2012/2013 survey results [...]

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Insurance Costs Continue Trending Upward for Utilities Organizations

September 25, 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 Utilities survey results reported the average annual cost of insurance per employee [...]

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Manufacturing & Distribution Employers Turn to Wellness Programs to Suppress Rising Costs

September 19, 2012 No comment


Kansas City, Kan.— In 2012, roughly two-thirds of manufacturing and distribution industry employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Manufacturing & Distribution survey results. The average increase reported by these organizations was 10.2 percent, down from 11 percent reported in 2011. Despite the drop in the average premium [...]

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Not-For-Profit Organizations Seek Ways to Create a Flexible Work Environment

September 18, 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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Banking & Finance Employers Scramble to Find Relief on Prescription Costs

September 17, 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 banking and finance employers who are largely footing the bill, as an overwhelming [...]

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Insurance Costs Remain High for Services Organizations

September 13, 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 Services survey results reported the average annual cost of insurance per employee [...]

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Turnover Rates Inching Up

September 12, 2012 No comment


Kansas City, Kan. — As the national unemployment rate continues to teeter at just over eight percent, turnover rates are beginning to inch up. The average total turnover rate reported for employers from 2011 was 15.2 percent, according to Compdata Surveys BenchmarkPro 2012 survey results. That’s up slightly from 14.4 percent reported a year ago. [...]

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Hospitality Pay Increase Budgets Show Slight Increase

September 10, 2012 No comment


Kansas City, Kan.— The Bureau of Labor Statistics recently reported the unemployment rate dropped slightly to 8.1 percent as of August 2012. Though the unemployment rate appears to have stagnated over the past several months, pay increase budgets are beginning to show signs of improvement. The 2012 Compensation Data Hospitality survey results reported pay increase [...]

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Not-For-Profit Employers Scramble to Find Relief on Prescription Costs

September 6, 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 not-for-profit employers who are largely footing the bill, as an overwhelming majority still [...]

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Banking & Finance Pay Increase Budgets Show Slight Increase

August 28, 2012 No comment


Kansas City, Kan.— The Bureau of Labor Statistics recently reported the unemployment rate at 8.3 percent as of July 2012, up slightly from 8.2 percent in June. Although the unemployment rate has increased over the past couple of months, pay increase budgets are beginning to show small signs of improvement. The 2012 Compensation Data Banking [...]

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