Remove 2017 Remove Commissions Remove Disability Insurance
article thumbnail

What is a total compensation statement & how does it provide value?

Genesis HR Solutions

This includes gross wages and extra financial compensation, such as bonuses or commissions, as well as the employer-paid portion of retirement plan contributions, insurance premiums, and paid time off benefits. Commissions. Insurance, including health, dental, vision, life, disability, etc. Direct Compensation.

401(k) 40
article thumbnail

Mental Injuries- Part 3: Implications for Disability Insurers and Workers’ Compensation

Workers' Compensation Perspectives

The apparent rise in mental disability claims is a significant issue for disability insurers and workers’ compensation systems. I accept the following as a fundamental principle for workers’ compensation: If work is the cause of injury and disability, then the compensation and treatment should be funded by the employer.

article thumbnail

Are Workers’ Compensation benefits protected against the rising cost of living?

Workers' Compensation Perspectives

To calculate the 2019 CPP rates increase, a formula based on the average national CPI for all items for November 2017 to October 2018 is divided by the average CPI for November 2016 to October 2017 yields a 2.68 percent increase effective January 2019. That increase was effective July 1, 2018.