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Feyder, Susan
* Litigated work comp claims were 388% more expensive than non-litigated claims * Median values rose 739% and it took 195% longer to resolve claims when attorneys became involved in a claim * Mishandled claims increase insurance premiums, can cause an immense loss of productivity and often da...
Employment insurance (EI) is another mandatory employee benefit. Both employees and employers are required to make EI contributions. It covers employees in the case that they become unemployed due to: Lay-offs or a shortage of work Sickness ...
Generally, short-term plans are less expensive when purchased as part of a group plan and offered as a company-paid benefit. Generally, a private insurance program provides compensation when an employee is on short-term disability leave. Employees must be covered by a short-term disability ...
The ACA offers additional incentives for workplace wellness programs, which can reduce costs by up to 30%. Once you have more than 50 FTE employees, you will be subject to employer shared responsibilitypaymentsif you don’t offer health insurance. ...
"The company decided to keep doing what they've been doing," Meyer said, comparing the situation to the comments he'd received in the survey. "That came up in that comment." He noted, however, that the comments in his poll came from a small sample size — between 50 and 100 ...
Karen Marlo, vice president of the National Business Group on Health, notes that philosophically, it makes sense, especially since health insurance "doesn't work like any other insurance we use in the country." Part of that is simply because (despite the incredible advances in modern healthcare...
work sites all around the U.S. A claim arises in a state where punitive damages are excluded from employers' liability insurance. If the company is established in a state that does allow punitive damages coverage, then the company employers' liability insurance policy can protect it after all....
In fact, employers' liability insurance is often called “part 2” of a workers’ compensation policy. Part 1 of the policy is the actual "workers’ comp," which pays for medical/death expenses and partial lost wages from work-related injuries and illnesses. Part 2 would be the employers'...