The New York State Workers Compensation Board has announced a decrease in the premium assessment rate for 2022. The rate will be 10.2%, down from 11.8%, and applies to standard premium or its equivalent. The premium assessment pays for the Board's administrative costs. By law, the Board must announce its annual adjustment by November 1 each year.The new rate takes effect on January 1, 2022.Source
A portrait of the author's office mateAs we reported here last week, New York Gov. Kathy Hochul on Oct. 30 signed into law a bill that prohibits insurers from declining, cancelling, non-renewing, or increasing the premiums for homeowners coverage based solely on the fact that a dog of a particular breed lives in the home. The new law applies to policies issued, renewed or modified on and after January 28, 2022. A few of you have emailed the research department with questions about it. It's important to know that the dog breed part is not the complete story.The law created a new Section 3421 of…
By Claudia St. John, SPHR, SHRM-SCP, President – Affinity HR Group, Inc.I was recently sharing a cab with the business owner of a print manufacturer heading to an industry conference where I was slated to be a presenter on workforce trends and solutions. He turned to me and said, “Ok, then tell me… where the heck did everyone go? Where are the workers and how do we get them to come work for us?"Where indeed! Unfortunately, they have gone to a variety of places and for a variety of reasons. Some have quit their jobs because of continued COVID hesitancy, some because of ongoing child…