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A new JAMA study finds healthcare premiums as a share of total employee compensation have increased from an average of 7.9% in 1988 to 17.7% in 2019, reducing wage growth by $125,000.
Lawmakers have until the end of June to approve a budget and send it to Gov. Phil Murphy's desk for his signature. Katie Sobko covers the New Jersey Statehouse. Email: sobko@northjersey.com. New ...
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
Although 12 weeks are allowed to them, on average American fathers only take 10 days off, due to financial need. Beginning in 2020, California, New Jersey, and Rhode Island required paid parental leave to employees, including those a part of 50 or less employees. There is no paid paternity leave in the United States currently.
Prevailing wage. In United States government contracting, a prevailing wage is defined as the hourly wage, usual benefits and overtime, paid to the majority of workers, laborers, and mechanics within a particular area. This is usually the union wage. [1] : 1. Prevailing wages are established by regulatory agencies for each trade and occupation ...
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Floor count. 17/21. Horizon Blue Cross Blue Shield of New Jersey, headquartered in Newark, New Jersey is the only licensed Blue Cross and Blue Shield Association plan in New Jersey, providing health insurance coverage to over 3.2 million people throughout all of New Jersey. It is a not-for-profit [1] health service corporation with a 17-member ...
Nominal wages. Adjusted for inflation wages. Employer compensation in the United States refers to the cash compensation and benefits that an employee receives in exchange for the service they perform for their employer. Approximately 93% of the working population in the United States are employees earning a salary or wage.