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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.
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.
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 ...
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 ...
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 ...
It’s not just benefits costs where employers stand to lose money—unsatisfied employees may look for jobs that provide more desirable benefits packages. Just 48% of employees say they are ...
Here are a few of the coverage benefits many Blue Cross plans offer: vision; dental; hearing; prescription drugs; home healthcare; SilverSneakers membership; at-home meal delivery after an ...
A quick look at the 7 best health insurance companies. Best customer service: Aetna. Best overall customer satisfaction: Blue Cross Blue Shield. Best for pharmacy programs: Cigna. Best benefits ...
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