Businesses say they like right - to - work laws because they make it more difficult for unions to organize workers and raise
wage and benefit costs.
From my perspective, that look would tell them several things: 1) the U.S. economy is in recession, 2) the combination of weak producer prices and rising
wage and benefits costs means that profit margins continue to be under pressure.
First comes tomorrow and it «s not GDP, it «s the employment cost index which is a very good measure of
wage and benefit cost in the United States.
Not exact matches
The CUPE proposal suggests that there are only
benefits and no
costs to a higher minimum
wage, but then caps the minimum
wage hikes to a level where only single - earner full - time minimum -
wage workers (with no other sources of income) cross the LIM.
Economists treat parental leave, both for women
and men, as a simple
cost -
benefit problem: in theory, at least, if a woman's
wage is greater than the
cost of replacing her in the home, then she should spend her time working
and hire someone else to care for her children.
Wage and benefit increases of 15 to 20 percent per year at the average Chinese factory will slash China's labor -
cost advantage over low -
cost states in the U.S., from 55 percent today to 39 percent in 2015, when adjusted for the higher productivity of U.S. workers.
According to BLS - generated
cost indexes for wages / salaries
and total
benefits,
benefit costs have risen about 60 % since 2001 (when the data series began), versus about 37 % for
wage and salary
costs.
Total compensation per employee consists of many different elements, including not only negotiated / imposed
wage settlements, bracket creep (employees moving up within their pay range), composition of employment (professional vs clerical), pay equity, pension
and other future employee
benefit costs driven in part by market conditions, Canada
and Quebec Pension Plan contributions (which increase by the annual increase in the industrial
wage), among others.
Settlements, as they occur, are covered in complete detail with pertinent information on
wage adjustments, paid holidays, vacations with pay, shift premiums, medical
benefits, dental plans, weekly indemnity, life insurance, pension plans,
cost - of - living allowances
and rates of pay.
The proposal called for Loblaw to review the feasibility,
cost and benefits of implementing a living
wage policy for its employees, suppliers
and contractors.
The savings come from reduced
costs for public assistance to low -
wage workers — in effect a taxpayer subsidy to large low -
wage employers —
and increased tax payments by workers
benefiting from the
wage hike.
The governor also called on teachers to accept temporary
wage freezes
and to increase their share of health
benefit costs while blasting school administrators for making more than he does.
Leaders from the New York State Business Council
and other groups told a Senate panel that the proposed
wage hike would
cost employers nearly $ 16 billion in added
costs, far exceeding the
benefit of any possible tax cut.
The settlement included a
wage increase on par with the rising
cost of living, but in exchange, there was reform to the employees» active health insurance, retiree health insurance, paid time - off
benefit package
and employee work hours.
Leaders from the New York State Business Council
and other groups told a Senate panel that the proposed statewide $ 15 - an - hour
wage hike would
cost employers nearly $ 16 billion in added
costs, far exceeding the
benefit of any possible tax cut.
Skelos offered statistics that he says show that raising the minimum
wage for a family with two entry level workers would actually
cost that family
benefits and some tax advantages.
They're turning increasingly to part time jobs to reduce
wage costs and eliminate
benefits.
Mayor Bloomberg let the municipal unions know that he will settle contracts with them if they agree to two conditions: 1) no retroactive
wage increases;
and 2) workers would have to agree to contribute to the
cost of their health care
benefits.
Now that may reflect local culture,
and to the extent that it does, it is hard to impossible to untangle the
cost /
benefit analysis that says that one major reason for filing bankruptcy is to stop
wage garnishments,
and if you don't have that reason, bankruptcy filings will be less, from an argument that the lack of
wage garnishment reflects a culture that somehow leads to fewer bankruptcy filings.
We do not agree with the allegations in the Gamasutra post (e.g. there has been no reduction in health
benefits or ancillary
benefits and perks (such as free dinners
and massages etc),
wage increases across the studio have kept track with
cost of living increases,
and anyone who feels they have been overlooked for a bonus for a game they worked on please contact HR to discuss as soon as possible).
The e-mail says that the NY offices take issues such as this «extremely seriously», they deny any decrease in health or ancillary
benefits,
and they go on to say that
wage increases «have kept track with
cost of living increases.»
In effect, insurers agreed to lower automobile insurance premiums via regulation in exchange for certain
cost - saving measures: a cap on general damages respecting «minor» injuries, gross - to - net income tax deductions,
and deductions for collateral
benefits (including
wage replacement) «paid or payable» from a variety of loosely - defined sources.
While employees see a
benefit in the rise of minimum
wage, it might not be all it's cracked up to be as the
cost of the inflation is about to rise by 50 percent for goods
and services in the same short time frame, equaling, at minimum, $ 1,300 per household per year.»
Organizations can reduce their
cost structures through labor arbitrage - the
wage differential between in - house legal personnel
and outside vendors - to reap tremendous
cost benefits.
This will cover up to $ 150,000 in medical
and rehabilitation
costs, as well as very basic amounts for
wage loss, homemaker expenses, funeral
costs and death
benefits.
If you are suing your own auto insurance company for
benefits under a no - fault policy, that insurer is responsible for all of your medical expenses,
wage loss,
and attendant care
costs, regardless of fault.
Settlements, as they occur, are covered in complete detail with pertinent information on
wage adjustments, paid holidays, vacations with pay, shift premiums, medical
benefits, dental plans, weekly indemnity, life insurance, pension plans,
cost - of - living allowances
and rates of pay.
In addition, schedule loss
costs have remained flat for twenty - five years, with the exception of four years in which
benefits were increased for middle -
and high -
wage workers in exchange caps on permanent partial disability payments, which saved employers a billion dollars.
The Chasm Group, LLC
and Chasm Institute, LLC (San Bruno, CA) 1997 — 2008 Business Operations Manager • Managed all daily operational tasks for leading multi-million dollar high - tech market strategy consultancy, while providing executive administration to C - level executives
and venture capital partners • Developed
and managed the firm's annual budget, proposing
and implementing expense cuts, producing monthly reports
and financial statements,
and coordinating with CPA firm for accurate
and timely filings • Oversaw all client relationship management efforts while cultivating new business efforts from concept to implementation, providing high - quality service in sales efforts while utilizing new lead tracking system • Negotiated
and managed all contracts, stock grants,
and financing arrangements, working closely with outside counsel to draft legal documents
and resolve LLC -
and proprietary - related issues • Led three office space build - outs
and two office relocations, managing all aspects of each process under aggressive timeline
and budget expectations • Reduced firm telecom expenses by 22 % by streamlining IT objectives, including migration to VOIP phone system, software / hardware purchases, domain renewals,
and outsourced technical support • Directed all phases of staff recruitment while creating
and implementing all HR policies
and programs, including comprehensive employee
benefits plans • Supervised multiple administrative staff members, conducted performance appraisals
and wage / salary surveys in comparison to incentive program guidelines,
and maintained HR files in accordance with legal mandates • Produced all out - going client invoices in an accurate
and timely fashion to increase, cash flow
and reduce aging receivables, providing consistent attention to overhead
costs and vendor arrangements • Administered all company insurance policies, including E&O, general liability, bonds, partner life
and disability, conducting annual
benefits reviews
and employee / company insurance audits • Obtained necessary certificates for consulting contracts while processing federal, state,
and local business reporting requirements to maintain licenses
and incorporation status • Directed all marketing efforts
and oversaw logistical aspects of national educational workshop series, utilizing sponsorship arrangements to offset production
costs • Transformed «brochure» website into a dynamic tool to better illustrate company opportunities through relevant case studies, as well as maintaining all other promotional media, including press kits
and video Association of California School Administrators (Burlingame, CA) 1993 — 1997 Issues
and Planning Committee Coordinator • Executed all phases of event planning
and implementation for a membership - driven organization including 23 state committees, 5 task forces, 6 strategic planning conferences,
and a conference of 1,500 attendees • Focused on facility evaluations, bid requests, site visits, contract negotiations,
and all pre -
and post-conference planning processes • Produced statistical
and financial reports, including budget projections
and cost monitoring for developmental training efforts • Oversaw all participant - level responsibilities, including inquiries, eligibility, registration, correspondence,
and billing statements • Managed all legal professional standards calls for Northern California regions, including the processing of attorney authorizations, the preparation of legal assistance letters,
and liens on cause of action • Served as second point of contact for computer inquiries
and troubleshooting efforts as well as provided back - up executive administrative support for Executive Director, Committee Chairs,
and the State Superintendent of Public Instruction • Held responsibility for software installation
and hardware configuration while performing weekly AS / 400 backup
and report generation
The commitment to provide child care at no
cost for children who are 2.5 - 4 years
and at an affordable fee for infants
and toddlers will provide much - needed financial relief for families while the establishment of a transparent
wage scale for early childhood educators
and child care staff will ensure that children
benefit from high - quality programs delivered by well - educated
and well - compensated ECEs.