August 3, 2011 |
Nearly 18 months after passage of the national healthcare overhaul, American employers say they are providing health benefits for growing numbers of people as they extend coverage to their workers' adult children, a new survey finds. The federal healthcare law allows young adults up to age 26 to stay on their parents' health plans. As a result, employers say they have seen an average 2% increase in insurance enrollments, with some saying the figure has jumped by 5% or more, according to the survey by benefits consulting firm Mercer.
January 22, 1987
The South Bay is blessed with many big employers that provide thousands of jobs. But in a couple of South Bay cities, grocery stores are the biggest employers, and in one, the city itself provides the most jobs. City Company No. of Employees Avalon Santa Catalina Island Co. winter--100 summer--200 Carson Nissan Motor Corp. in USA 1,052 El Segundo Hughes Aircraft Corp. 32,000 Gardena Honeywell Inc. 1,600 Hitco, subsidiary of Armco Inc. 1,600 Hawthorne Northrop Corp.
June 7, 2011 |
The predictions about healthcare keep coming. The latest suggests that nearly a third of employers are likely to stop offering health insurance to employees in 2014 when major federal healthcare-reform provisions kick in. This comes from a new report by McKinsey Quarterly. The Congressional Budget Office estimated that only 7% of employees would be forced into subsidized-exchange policies, the report said, but the survey of more than 1,300 employers suggests otherwise. That research found that 30% said they would “definitely or probably” drop the insurance policies.
March 7, 2013 |
Despite an improving economy, employers are waiting longer to fill job openings in their companies even when they receive many applications to a vacancy. Employers now take an average of 23 business days to hire someone for a position, more than a week longer than the 15 days it took in 2009, according to a study conducted by University of Chicago and University of Maryland economists cited by the New York Times. The news is not exactly new. Corporate profits are soaring, but with millions still out of work and an unemployment rate at 7.9%, companies feel little incentive to give raises or hire new workers.
April 10, 2012 |
Maryland recently gave a big "dislike" to employers asking for social media passwords, becoming the first state to pass a bill banning the practice. The state Senate and House last week passed their versions of the bill that prohibits bosses from “requesting or requiring that an employee or applicant disclose any user name, password, or other means for accessing a personal account or service through specified electronic communications devices; prohibiting an employer from taking, or threatening to take, specified disciplinary actions for an employee's refusal to disclose specified password and related information; prohibiting an employee from downloading specified information or data.” "We're really excited," said Melissa Goemann, legislative director of the American Civil Liberties Union of Maryland, of the bill's passage in an interview with the Baltimore Sun . "We just think this is a really positive development, because the technology for social media is expanding every year, and we think this sets a really good precedent for limiting how much your privacy can be exposed when you use these mediums.
September 11, 2012 |
Health insurance premiums for employer-sponsored coverage rose a moderate 4% this year, a national survey shows, but experts warn that rates may climb higher next year. Annual insurance premiums for families increased 4%, on average, to $15,745, according to the annual survey by the Kaiser Family Foundation and the Health Research & Educational Trust. That was down from a 9% hike in 2011. Still, even modest increases in healthcare costs are difficult to absorb for many businesses and workers struggling to cope with a sluggish economy.