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Like the House budget, senators plan to cover the increase cost of health care premiums for those on the state health plan with $107.5 million. The state health plan cover state employees, retired ...
Under the plan sent to the full S.C. House on Wednesday, state employees who make $66,667 or less, would receive a $1,000 raise. For those making more, they would receive a 1.5% raise.
The pay raise will cost the state $61.5 million more a year and is part of a nearly $14.5 billion budget now headed to the General Assembly for an up or down vote. Employees earning more than ...
The ads correctly noted that HAA would tax health benefits, but they did not point out that HAA also requires employers to give as wages the money they were spending on their employee's health care. The tax owed on that increase in wages is accompanied by a new tax deduction for everyone earning less than $125,000 a year ($250,000 for couples).
Pay-for-Performance is a method of employee motivation meant to improve performance in the United States federal government by offering incentives such as salary increases, bonuses, and benefits. It is a similar concept to Merit Pay for public teachers and it follows basic models from Performance-related Pay in the private sector.
A Health Reimbursement Arrangement, also known as a Health Reimbursement Account (HRA), [1] is a type of US employer-funded health benefit plan that reimburses employees for out-of-pocket medical expenses and, in limited cases, to pay for health insurance plan premiums.
With $800 million in additional money available to disburse in what will total a $13.8 billion budget, the House agreed to the more expensive Senate plan for state employee pay increases. The ...
Under the Senate plan, state employees earning less than $50,000 a year would receive a $2,500 pay raise. Those earning more than $50,000 would receive a 5% raise.