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 manufacturing and distribution employers who are largely footing the bill, as an overwhelming…
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 signs of improvement. The 2012 Compensation Data Not-For-Profit survey…
Kansas City, Kan.— In 2012, roughly two-thirds of utilities industry employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Utilities survey results. The average increase reported by these organizations was 11.6 percent, down from 12.5 percent reported in 2011. Despite the drop in the average premium increase, utilities organizations still…
Kansas City, Kan.— Between the slowing rate of economic growth, a shortage of skilled workers and increasing costs on everything from medical insurance to office supplies, it’s no surprise that manufacturing and distribution organizations have mastered the philosophy of doing more with less. One significant way in which companies have embraced this ideal is through…
Compdata Surveys, the same company that has been providing organizations across the country with the most accurate and reliable compensation and benefits data for 25 years, is pleased to announce the launch of our newest division, Compdata Consulting. Compdata Consulting is a national human resources consulting firm offering a tailored approach to organizations needing effective…
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 Healthcare survey results reported the average annual cost of insurance per employee…
Kansas City, Kan.— The Bureau of Labor Statistics recently reported the unemployment rate at just over 8 percent as of June 2012. The unemployment rate continues to dwindle at a very slow rate of decline and pay increase budgets are mirroring this trend by increasing at a tepid rate. The 2012 Compensation Data Manufacturing &…
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…
Kansas City, Kan.— In 2012, nearly three-quarters of services industry employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Services survey results. The average increase reported by these organizations was 9 percent, down from 11.2 percent reported in 2011 and 10.8 percent in 2010. Despite the drop in the average…
Kansas City, Kan.— In 2012, nearly two-thirds of insurance employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Insurance survey results. The average increase reported by these organizations was 8 percent, down from 9.7 percent reported in 2011 and 9.6 percent in 2010. Despite the drop in the average premium…