By Allen Kinzer on Posted in Benefits,Negotiations,UnionsWithin the next two weeks, the GM, Ford, and Fiat-Chrysler will begin the serious negotiations for new collective bargaining agreements. The ceremonial opening of these negotiations occurred last month. The current agreements expire on September 14, and all sides face serious issues. During the 2011 negotiations, two of the three companies were being bailed out… Continue Reading
By Linda Mendel on Posted in Benefits,NegotiationsOne of the significant revenue raisers under the Affordable Care Act is the so-called Cadillac excise tax – a non-deductible 40% excise tax on high-cost health plans starting in 2018. The excise tax will apply to health plans that cost more than $10,200 for individual coverage or $27,500 for family coverage. The cost of a… Continue Reading