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New Approaches to Managing Health Care Costs, Improving Outcomes

InterWest Insurance Services

This process, called steerage, if executed correctly can save the employee money on their deductibles, copays and coinsurance and help them get better overall care. Many PBMs earn commissions on drugs dispensed to patients and they benefit from steering them to higher-cost drugs. Depending on the PBM, this may or may not work.

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Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

A recent study of manufacturing hourly compensation demonstrated a similar pattern for the main components (social insurance, wages or salaries, and direct benefits) paid by employers in Canada and Australia: The main divisions of employer costs for employee compensation under the BLS study are wages or salaries and benefits.

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6 must-have policies for a strong employee handbook

Insperity

Laws prohibiting discrimination are enforced by the Equal Employment Opportunity Commission. You also want to cover your legal bases by explaining things like payroll deductions, overtime, the Family and Medical Leave Act and the workers’ compensation policy. These include but are not limited to: Age. Race/color. Disability.

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7 Helpful Tips for employee retention

HR Digest

From manufacturing to sales or service rendering, employees must be trained and familiar with their job routines to perform excellently, that calls for effective talent retention. You can show by offering raised wages, bonuses, commissions, gifts and financial rewards. So what are the tips for retaining employees?

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How to Calculate Variable Cost: Examples and Best Practices

Empuls

Most kinds of production and manufacturing facilities incur labor charges that need to be paid out daily/weekly and this cost is variable as it rises when there is a higher number of hours/units produced and lower when there is less. These materials are either purchased as parts or as material and made at the production facility.