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Compensation & Benefits

Educate employees about the value of disability insurance

06/01/2007

Thirty percent of employees between the ages of 35 and 65 will become disabled for at least 90 days at least once during their working years … That means you can count on a steady stream of short-term disability insurance claims. Do you know how much those claims cost your organization? Almost half of employers do not

IRS sets higher HSA levels for 2008

06/01/2007

The maximum contribution to health savings accounts (HSAs) for employees with single coverage will rise to $2,900 for calendar year 2008, up from $2,850 this year …

Identify health problems before they become chronic

06/01/2007

Here’s more incentive to ramp up your organization’s disease-management and wellness efforts: A new study predicts that chronic conditions will account for the greatest health care cost increases over the next several decades …

Another reason to enforce violence policy: To avoid workers’ compensation liability

06/01/2007

Policies forbidding threats, fighting and other kinds of violence promote a harmonious and safe workplace, but there’s another good reason to ensure employees aren’t doing each other bodily harm. If you don’t take concrete steps to stem horseplay or outright aggression, you just might pay the price in higher workers’ compensation premiums

Read the fine print—and the large print, too

06/01/2007

A contract’s a contract, the U.S. District Court, Northern District of Ohio held when it denied CBG Biotech, Ltd., a Columbus-based solvent recycling company, a preliminary injunction against its health care provider, United Healthcare

Whistle-Blower fired over fire

06/01/2007

An Ohio employer got burned after it fired an employee two days after he told an insurance inspector about a malfunctioning fire alarm …

Resigning for newfound faith doesn’t justify unemployment compensation

06/01/2007

New York employees who quit their jobs for good cause are generally eligible for unemployment compensation payments. But does a newfound faith requiring no Sunday work justify quitting? …

What to expect from New York’s new Workers’ Comp Reform law

06/01/2007

Although the Workers’ Compensation Reform bill recently signed into law provides just a skeletal outline of what New York’s workers’ comp program will one day look like, both business and labor groups are cautiously optimistic …

Avoid liability for contractor’s actions by staying out of its business

06/01/2007

Consider this scenario: Your organization needs to have repairs done to your premises and you hire an independent contractor to do the job. When one of the workers is hurt after the contractor ignores obvious safety hazards, is your organization on the hook if the injured employee looks around for deep pockets to sue?

After winning the lawsuit, city lost its insurance

06/01/2007

The city of Fort Oglethorpe had to scramble to find insurance after the Georgia Interlocal Risk Management Agency canceled its property and liability coverage due to excessive claims …