Loren D. Stark Company
Randall & Hurley, Inc.
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|Businesses Say Feds Wrong to Assume Wages Will Rise as Benefits Shrink|
Nov. 30, 2015
"Survey findings vary, but it's clear at least a third to half of all employers have health plans that would trigger the tax in the next five years if they didn't shift more of the costs to employees. A huge drop in benefit growth rates in 2011 clearly enabled employers to increase wages at that time ... Wage growth should have picked up as the unemployment rate dropped to 5% since then ... and Bureau of Labor Statistics data show it hasn't."
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