Across the Standard & Poor’s 500 Index of companies, the average multiple of CEO compensation to that of rank-and-file workers is 204, up 20 percent since 2009, according to data compiled by Bloomberg. The numbers are based on industry-specific estimates for worker compensation.
European rules aimed at making insurers safer may cost the industry as much as 200 million pounds ($310 million) a year in the U.K., said Andrew Bailey, the country’s top banking and insurance supervisor.
New York City will seek a new provider for its $6 billion health-insurance plan that would require workers to pay premiums for the first time, with discounts for participating in wellness programs, Deputy Mayor Caswell Holloway said.
The share of Americans who get health benefits through work dropped to 60 percent in 2011, continuing a decade-long slide that highlights the challenges facing President Barack Obama’s insurance overhaul.