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Compensation & Benefits

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?

Target workers hit with layoffs

02/12/2009

Minneapolis-based Target, the nation’s second largest discount retailer, has announced it will cut 1,000 jobs in Minneapolis alone. Those cuts include 400 open but unfilled positions, in addition to 600 layoffs.