Compdata Surveys & Consulting Blog

Leap Year: How Employer Benefits Plans Have Changed in the Past Four Years

Posted by KC Hall on Feb 29, 2016 8:55:08 AM

Today is Leap Day, the quirky extra day in February that comes once every four years. To honor the occasion, Compdata looked at employer-offered benefits and how they have changed over the last four years. Analyzing data from Benefits USA 2011/2012 and Benefits USA 2015/2016, here are four notable shifts in benefits since our last leap year:

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Topics: Benefits, Trends, Benefits USA, Retirement Plans, wellness, Vacation, Medical Plans

Healthcare Employers Turn to Wellness Programs

Posted by KC Hall on Sep 9, 2015 1:30:55 PM

Kansas City, Kan.— In 2015, nationally, healthcare employers are contributing 9.5 percent of their total payroll costs toward providing medical insurance to their employees, according to the 2015 Compensation Data Healthcare survey results. In an effort to contain rising healthcare costs, many are turning to wellness programs. So, how does the industry that gets people well and keeps people well handle wellness for its employees?

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Topics: News, Trends, wellness, Healthcare, Cost Containment

For Many Employers, Employee Wellness is No Longer Merely an Option

Posted by Amy Kaminski on Apr 18, 2013 3:29:32 AM

Kansas City, Kan.— There have been a number of companies making headlines over the last year as details of various wellness initiatives have been leaked to the public. CVS Caremark being the latest, now requires each of their employees to receive health screenings to include weight, cholesterol, blood sugar and blood pressure, or face a $50 per month penalty on their health insurance premiums. Although some may tout these measures as being drastic, they are becoming increasingly common for employers looking to combat the rising cost of healthcare. In fact, the Compdata Surveys Benefits USA 2012/2013 survey results found 34 percent of employers offering wellness programs either provide insurance discounts for employees participating in wellness programs or impose penalties on employees with risk factors, who aren't taking action. That's up from just 25.4 percent in 2009.

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Topics: Benefit News, News, Benefits USA, wellness, Medical Insurance

Not-For-Profit Employers Turn to Wellness Programs to Suppress Rising Costs

Posted by Amy Kaminski on Oct 9, 2012 3:27:14 AM

Kansas City, Kan.— In 2012, roughly two-thirds of not-for-profit employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Not-For-Profit survey results. The average increase reported by these organizations was 8.6 percent, down from 9.9 percent reported in 2011 and 10.3 percent in 2010. Despite the drop in the average premium increase, not-for-profit organizations still contribute 10.6 percent of their total payroll costs toward providing medical insurance to their employees. Employers everywhere are looking for ways to curtail rising healthcare costs and as a result, many are turning to wellness programs.

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Topics: Benefit News, News, Not-for-profit, wellness, Medical Insurance

Wellness Programs on the Rise for Hospitality Employers

Posted by Amy Kaminski on Sep 25, 2012 3:53:54 AM

According to the newly released 2012 Compensation Data Hospitality survey results, employers are providing many options to their employees concerning health and wellness programs. With prevention becoming the buzzword, organizations are taking steps to increase their employees’ health and wellness through various programs.

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Topics: dataLink, Hospitality, wellness

Wellness Programs on the Rise for Not-For-Profit Employers

Posted by Amy Kaminski on Sep 20, 2012 5:31:46 AM

According to the newly released 2012 Compensation Data Not-For-Profit survey results, employers are providing many options to their employees concerning health and wellness programs. With prevention becoming the buzzword, organizations have taken steps to increase their employees’ health and wellness through various programs.

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Topics: dataLink, Not-for-profit, wellness

Manufacturing & Distribution Employers Turn to Wellness Programs to Suppress Rising Costs

Posted by Amy Kaminski on Sep 19, 2012 4:17:46 AM

Kansas City, Kan.— In 2012, roughly two-thirds of manufacturing and distribution industry employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Manufacturing & Distribution survey results. The average increase reported by these organizations was 10.2 percent, down from 11 percent reported in 2011. Despite the drop in the average premium increase, manufacturing and distribution organizations still contribute 10.5 percent of their total payroll costs toward providing medical insurance to their employees. Employers everywhere are looking for ways to curtail rising healthcare costs and as a result, many are turning to wellness programs.

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Topics: Benefit News, News, Manufacturing, wellness, Medical Insurance

Wellness Programs on the Rise for Banking & Finance Employers

Posted by Amy Kaminski on Sep 19, 2012 3:26:54 AM

According to the newly released 2012 Compensation Data Banking & Finance survey results, employers are providing many options to their employees concerning health and wellness programs. With prevention becoming the buzzword, organizations have taken steps to increase their employees’ health and wellness through various programs.

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Topics: dataLink, Banking & Finance, wellness

Utilities Employers Turn to Wellness Programs to Suppress Rising Costs

Posted by Amy Kaminski on Aug 8, 2012 3:21:27 AM

Kansas City, Kan.— In 2012, roughly two-thirds of utilities industry employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Utilities survey results. The average increase reported by these organizations was 11.6 percent, down from 12.5 percent reported in 2011. Despite the drop in the average premium increase, utilities organizations still contribute 10.4 percent of their total payroll costs toward providing medical insurance to their employees. Employers everywhere are looking for ways to curtail rising healthcare costs and as a result, many are turning to wellness programs.

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Topics: Utilities, Benefit News, News, wellness

Wellness Programs on the Rise for Manufacturing & Distribution Employers

Posted by Amy Kaminski on Jul 24, 2012 4:02:27 AM

According to the newly released 2012 Compensation Data Manufacturing & Distribution survey results, employers are providing many options to their employees concerning health and wellness programs. With prevention becoming the buzzword, organizations have taken steps to increase their employees’ health and wellness through various programs.

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Topics: dataLink, Manufacturing & Distribution, wellness

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