I think many Gen X’ers like myself grew up in the era of $10 copays and the assumption that health benefits were required of employers. Now that I am older and dealing with grey hairs, I have learned the truth about that topic. One thing we try to stress with candidates is the fact that health benefits are 1.) a perk since they are not required and 2.) a significant piece of the compensation pie.<\/p>\n
WASHINGTON, DC –The percentage of U.S. residents covered by employment-based health insurance declined again last year, the U.S. Census Bureau reported Tuesday.<\/p>\n
In 2006, 59.7% of the U.S. population received health insurance coverage through an employment-based plan. That is down from 60.2% in 2005 and is the sixth consecutive year of decreases in employment-based coverage. In 2000, 64.2% of the U.S. population had health insurance through an employer, the report shows.
\nWhile the Census Bureau revised its previous years’ health insurance estimates – showing that more U.S. residents have health insurance coverage than previously reported – the trend remains the same. According to the report, the percentage of people without health insurance increased to 15.8% in 2006 from 15.3% in 2005.<\/p><\/blockquote>\n
As a small business owner, I can attest to the incredible rising costs associated with health insurance. If you offer a strong (or “rich”) benefits package, make sure you spell out those details when making an offer to a sales candidate. What was once assumed is now being measured by candidates so use your benefits package to your advantage.<\/p>\n","protected":false},"excerpt":{"rendered":"
I think many Gen X’ers like myself grew up in the era of $10 copays and the assumption that health benefits were required of employers. Now that I am older and dealing with grey hairs, I have learned the truth about that topic. One thing we try to stress with candidates is the fact that health benefits are 1.) a perk since they are not required and 2.) a significant piece of the compensation pie. This quick blurb is from the Career News newsletter (sorry, no link): WASHINGTON, DC –The percentage of U.S. residents covered by employment-based health insurance declined again last year, the U.S. Census Bureau reported Tuesday. In… Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[20],"tags":[],"class_list":["post-1156","post","type-post","status-publish","format-standard","hentry","category-compensation"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-iE","jetpack-related-posts":[{"id":840,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/04\/increased-pay-or-better-benefits-that-is-the-question\/","url_meta":{"origin":1156,"position":0},"title":"Increased Pay or Better Benefits? That Is The Question.","author":"Lee Fratzke","date":"April 20, 2007","format":false,"excerpt":"So which is more important to employees, pay or benefits (specifically health benefits)? In last week's Workforce Management's newsletter, a nationwide survey was recently conducted by the National Business Group on Health that asked 1,619 employed people that specific question. They found that employees in the U.S. consider their health\u2026","rel":"","context":"In "Compensation"","block_context":{"text":"Compensation","link":"http:\/\/selectmetrix.com\/blogs\/category\/compensation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":815,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/04\/an-indirect-cost-of-turnover\/","url_meta":{"origin":1156,"position":1},"title":"An Indirect Cost Of Turnover","author":"Derrick Moe","date":"April 11, 2007","format":false,"excerpt":"We at The Hire Sense have been focused on employee retention this year. Pretty smart of us, I know (especially when the national unemployment rate is 4.4%). Michael at Hidden Business Treasures pointed us towards the Herman Group's Trend Alert e-newsletter and I received my first one this week. 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