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SCA Fringe Rate Increases vs Medical Inflation Contractor Dilemma

AssuredPartners

The health and welfare “fringe rates” are reviewed by the Department of Labor each summer. The DOL pointed to the latest Bureau of Labor Statistics employment cost index summary of employer cost of employee compensation (ECEC) for the rationale behind the fringe increases. percent, 2019 showed a 1.34

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The Dire Need for a Meaningful Fringe Increase

AssuredPartners

The fringe rate is based on the latest Bureau of Labor Statistics Employment Cost Index summary of Employer Cost of Employee Compensation (ECEC). For better or worse, the fringe rate dictates what employers are able to spend on health and welfare benefits. It is an undeniable truth that health costs have risen.

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How to Calculate Employee Benefits: The Ultimate Handbook

Empuls

You need to know what benefits are adding value to your business and what is not by calculating employee benefits accurately. In this blog, we look at how to calculate the cost of employee compensation packages and arrive at how much you are investing in employee benefits.

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Successful mergers and acquisitions: How a PEO can help

Insperity

Due to standardized accounting principles, a company’s financials should be a relatively transparent view of its fiscal health, existing assets and product market fit. How is an employee onboarded? After the purchase, you assume the other company’s payroll, worker’s compensation, health and welfare, and pension administration.