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2014 Compensation Data Not-For-Profit Results Now Available

August 5, 2014  from: News

The 2014 Compensation Data Not-For-Profit pay and benefits survey results were published last month by Compdata Surveys.

Insurance Costs Continue Trending Upward for Not-For-Profit Organizations

November 8, 2012  from: News

The 2012 Compensation Data Not-For-Profit survey results reported the average annual cost of insurance per employee on a not-for-profit employer sponsored PPO plan is $8,859. That’s up from $7,543 reported in 2009, an increase of 17.4 percent in three years.

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

October 9, 2012  from: News

The average medical insurance premium increase reported by not-for-profit organizations in 2012 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.

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

September 20, 2012  from: dataLink

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.

Not-For-Profit Pay Increase Budgets See Small Increases

September 20, 2012  from: dataLink

As the economy struggles to regain its footing, pay increase budgets increased slightly for not-for-profit organizations this year. The 2012 Compensation Data Not-For-Profit survey results reported pay increase budgets at 2.6 percent, reflecting an increase from 1.8 percent reported in 2011 and 1.7 percent reported in 2010. Pay increase budgets are projected to remain stable at 2.6 percent in 2013.

Medical Insurance Costs Remain High for Not-For-Profit Employers

September 20, 2012  from: dataLink

The 2012 Compensation Data Not-For-Profit survey results show medical insurance premiums have increased by an average of 8.6 percent over the last year. This is down from 2011, where the average premium increase reported was 9.9 percent.

Not-For-Profit Organizations Seek Ways to Create a Flexible Work Environment

September 18, 2012  from: News

Employers across the country are looking for ways to attract and retain employees without resorting to hefty pay increases or expensive benefit plans and as a result, some employers have found that adopting a results-only work environment (ROWE) may be the key to creating an attractive work environment for employees.

Not-For-Profit Employers Scramble to Find Relief on Prescription Costs

September 6, 2012  from: News

Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to not-for-profit employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Not-For-Profit Pay Increase Budgets Begin to Rise

August 13, 2012  from: News

The 2012 Compensation Data Not-For-Profit survey results reported pay increase budgets at 2.6 percent, reflecting an increase from 1.8 percent reported in 2011 and 1.7 percent reported in 2010. Pay increase budgets are projected to remain stable at 2.6 percent in 2013.

Retirement Plans Become More Prevalent for Not-For-Profit Employees

May 18, 2012  from: dataLink

The recent volatility in the stock markets has once again shifted employees’ focus to retirement savings plans. While saving for the future is important, employees are questioning which options are the most beneficial. The 2011 Compensation Data Not-For-Profit survey results indicate that 66.9 percent of employees were enrolled in a defined contribution plan, virtually no change from the 66.8 percent reported in 2010.

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