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#CompensationModernization

Latest posts tagged with #CompensationModernization on Bluesky

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Posts tagged #CompensationModernization

Citizen Portal News Virginia

@citizenptnewsva.bsky.social

1 month ago

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DHRM tells Senate panel state workforce steady but health‑plan costs climb, driven by GLP‑1 and specialty drugs Department of Human Resource Management officials told the subcommittee the Commonwealth has about 142,000 FTEs and a 12.8% turnover rate, and warned that pharmacy spending (notably GLP‑1 drugs and specialty biologics) has sharply increased and could push the Health Insurance Fund toward unsustainable levels without plan changes.

Virginia's workforce remains stable, but skyrocketing health plan costs driven by GLP-1 and specialty drugs could put the state’s insurance fund at risk.

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#VA #HealthCareCosts #CompensationModernization #CitizenPortal #EmployeeRetention #VirginiaWorkforce

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Citizen Portal News Vermont

@citizenptnewsvt.bsky.social

1 month ago

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Human Resources requests 5% budget increase for FY27, cites pay and benefit costs Human Resources Commissioner Beth Bastigy told the Senate Appropriations Committee that the department is seeking a 5% budget increase for fiscal 2027, saying roughly 80% of the request reflects higher salary and benefit expenses and that key projects are funded with one‑time appropriations.

Human Resources is pushing for a 5% budget increase for FY27, primarily due to soaring salary and benefit costs—what does this mean for state agencies?

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#VT #BudgetIncrease #CompensationModernization #EmployeeBenefits #CitizenPortal #VermontHumanResources

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