P.R. among jurisdictions making advances in workplace wellness
December 10, 2019
Aon’s “2020 Global Medical Trend Rates” report identified Latin America and the Caribbean as the most advanced region in terms of well-being in the corporate environment. Due to the large increases in medical costs in the last 10 years, employers, health care operators and consulting companies such as Aon have realized the importance in adopting disease prevention plans, the […]
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New occupational health and safety system implemented in P.R.
September 3, 2019
With the goal of reducing the number of injuries, illnesses and prevent deaths in the workplace, the State Insurance Fund, the Department of Labor and Human Resources and the Puerto Rico Occupational Safety and Health Administration signed an agreement that, among other things, will help industries with a high incidence of injured employees and/or occupational […]
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AON highlights value of intangible assets in companies
June 24, 2019
In the current business ecosystem, adopting digital transformation creates new and unforeseen risks for companies. Facing this reality, Aon plc, a company dedicated to professional services in risk management, retirement and health, emphasized the most significant risks that organizations may face at present and the importance of taking the appropriate cyber security measures. “Since 2015, […]
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U.S. Dept. of Labor recovers $5.6M in back wages for hurricane recovery workers
February 12, 2019
Investigations by the U.S. Department of Labor’s Wage and Hour Division have resulted in the recovery of nearly $5.6 million in back wages and benefits owed to 993 employees of nine subcontractors that provided power generator operation support for hurricane recovery efforts in Puerto Rico, the agency announced. WHD investigators found that the subcontractors violated […]
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P.R. jobless rate at 8.3% in December, 15K jobs added YOY
January 21, 2019
The Puerto Rico Department of Labor and Human Resources announced that the island’s unemployment rate stood at 8.3 percent in December 2018, reflecting a decrease of 2.7 percent versus December 2017. Labor Secretary Carlos Saavedra further said the workforce participation rate rose to 40.8 percent in December, while 15,000 more jobs were reported in comparison […]
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Aon’s ‘Best Employers ’18’ study reveals more committed employees, other findings
October 22, 2018
This year’s edition of Aon’s “Best Employers” study showed an increase in the average level of employee commitment, which reached 87 percent.
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Hurricane recovery contractor pays $500K in back wages to 995 workers
August 22, 2018
San Juan-based contractor Ceres Environmental Services Inc., which installed temporary roofing as part of hurricane recovery efforts in Puerto Rico.
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Study: 8 out of 10 employees in P.R. ‘committed to employers’
June 15, 2018
At a time when Puerto Rico’s labor sector faces challenges due to the current socioeconomic situation, and the effects of Hurricanes Irma and Maria on the island, most employees say they are committed to their employers, according to a report released by Aon Puerto Rico.
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Economists, execs agree repealing Law 80 will create new jobs in P.R.
June 6, 2018
Executives, heads of private trade organizations and economists expressed their support of House Bill 1634, which proposes the repeal of Law 80, during the second day of public hearings at the Puerto Rico House of Representatives.
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OBoard says Law 80 is ‘not only problem’ with P.R.’s labor landscape
May 31, 2018
As the Puerto Rico Senate approved Bill 1011 to repeal Law 80 of 1976, with a number of amendments, the Financial Oversight and Management Board for Puerto Rico released a 2,000+ page document on labor reform, that called the long-standing mandate “part of the problem.”
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Rising costs of employers’ health plans given unhealthy habits, lifestyles ‘worrisome’
May 8, 2018
One of the main benefits that a company offers its employees is the medical plan.
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Labor Dept.: Creative careers booming in P.R.’s job market
April 23, 2018
Puerto Rico's economic challenges and social changes have spurred an increase in job opportunities related to cultural and creative industries, according to Department of Labor and Human Resources’ digital magazine.
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Macro Companies pays $1.1M+ in back wages to hurricane recovery workers
April 12, 2018
Following an investigation by the U.S. Department of Labor’s Wage and Hour Division (WHD), fuel distributor Macro Companies Inc., engaged in hurricane recovery activities in Puerto Rico, has paid more than $1.1 million in back wages to 219 employees.
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AON’s ‘P.R. Benefits Outlook 2017’ study IDs employee-retaining trends
March 16, 2018
When it comes to retaining employees, companies must have a benefits strategy — which for some is key to reaching long-term goals for controlling costs and budget considerations.
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U.S. Secretary of Labor visits PR, USVI to survey recovery efforts
December 19, 2017
U.S. Secretary of Labor Alexander Acosta visited Puerto Rico and the U.S. Virgin Islands this past weekend to meet with senior officials managing the recovery efforts and to inspect Job Corps centers damaged during hurricanes Irma and María.
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