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Compensation & Benefits

2 Ohio companies make Fortune ‘best’ list

02/12/2009

Two Ohio companies have made the 2009 Fortune magazine “100 Best Companies to Work For” list: Southern Ohio Medical Center, headquartered in Portsmouth, and OhioHealth, based in Columbus.

Florida companies make Fortune ‘best to work for’ list

02/12/2009

Three companies headquartered in Florida have made the 2009 Fortune magazine “100 Best Companies to Work For” list: Publix Super Markets, headquartered in Lakeland; Baptist Health South, of Coral Gables; and JM Family Enterprises, based in Deerfield Beach.

General Mills, Mayo Clinic on Fortune ‘best companies’ list

02/12/2009

Two companies headquartered in Minnesota have made the 2009 Fortune magazine “100 Best Companies to Work For” list: General Mills of Minneapolis and the Mayo Clinic of Rochester.

Extended benefits to help 3,000 jobless Minnesotans

02/12/2009

One of the first laws passed this year by the Minnesota Legislature will help about 3,000 Minnesotans who were about to exhaust their unemployment benefits …

Best Buy also cuts jobs

02/12/2009

Best Buy, the nation’s largest electronics retailer, will cut an undisclosed number of jobs at its Richfield headquarters. The news comes after 500 employees already left under a voluntary buyout program.

Tell bosses: No comments on insurance cost, age

02/12/2009

Remind all managers and supervisors to keep any thoughts on insurance costs to themselves. If older employees end up being disproportionally affected by a reduction in force, any comments on insuring older employees may come back to haunt you.

Mayors’ forecast: Ohio to see large job losses in 2009

02/12/2009

According to a forecast by the U.S. Conference of Mayors, Ohio’s major cities will experience heavy job losses this year: Cleveland, with a current workforce of 1.06 million jobs, will lose 22,200 jobs. Cincinnati (1.04 million workforce) will lose 20,500 jobs. Columbus (948,000 workforce) will lose 7,700 jobs.

Remind employees: Honesty required when applying for health insurance benefits

02/12/2009

Remind employees that they must be honest when filling out insurance sign-up forms. Otherwise, they—and your company—may be sued later to recover the medical costs associated with undisclosed pre-existing conditions. That could cost everyone far more than the premiums saved by not disclosing medical conditions.

Workers’ comp premium savings on tap for some employers

02/12/2009

Some employers may end up saving about 30% on their workers’ compensation premiums under a plan outlined recently by the Ohio Bureau of Workers’ Compensation.

At what point does retired worker become ineligible for PTD workers’ comp?

02/12/2009

Q. If an injured worker has a catastrophic injury under Florida’s Workers’ Compensation Act and subsequently retires, does that mean the employee is not entitled to permanent total disability (PTD) workers’ compensation benefits?