The Future Includes Job Trusts

A LinkedIn.com article incorrectly proposed a future where employers share employees.

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YOU MISSED IT BY THIS MUCH >< !

Employers need these 2 things from workers: 1. a certain amount of dedication without conflicts of interest and 2. a knowledge-base of the employer’s company processes.

These cannot be done with “contract labor” aka employee sharing as the article predicts.

INSTEAD JOB TRUSTS WILL EXIST.

The term “job banks” could just as easily be used but everyone hates banks.

These TRUSTS are the middle tier and act like a job service.  They handle the pay and benefits for employees and possibly even the training.  They will exist for groups of similar employees such as federal employees  or software engineers.

The biggest problem with software engineers is the constant seesaw of waves of work and constant hiring, followed by layoffs and then hiring and then firing.  Job Trusts will level the playing field.

My book “The Assassination of Political Robocalls” , which can be found at Amazon.com, foresees JOB TRUSTS along with 50 other predictions.

In conclusion, the article is correct that the future of work will be totally different.  But Job Trusts will be the new paradigm.

Thanks

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Obamacare Affects Private Health-Care Exchanges

In a good way.  Let me explain

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1. Walgreens joins Sears Holding, Darden Restaurants and other firms in moving its workforce into the private (health-care) exchanges.

2. Some (Walgreen) employees could end up paying less than $5 a month for a plan offering minimal coverage.

3. “This is good for EMPLOYERS because it makes their costs more predictable,” said Thomas ­Buchmueller, a health economist who teaches at the University of Michigan. “But it is also a good thing for EMPLOYEES, who will have more choices.”

4. Aon Hewitt said that the number of workers joining its (private) exchange in 2014 is five times the number currently enrolled. (Editor: Due to shift from individual insurance companies.)

5. 28 percent of the companies (surveyed) expect to join private health exchanges within five years.

6. The (private health-care) exchanges allow workers to shop for health benefits from a wide menu of insurance plans offering an array of coverage options and prices.

7. The idea behind private exchanges, like Obamacare, is to stoke competition that would lower prices while giving employees more options.

To confirm these facts, refer to this website: http://www.washingtonpost.com/business/economy/walgreens-moves-workers-to-private-health-care-exchanges/2013/09/18/46f2c074-2082-11e3-8459-657e0c72fec8_story.html

I predict  that health-care insurance companies will NOT survive unless they are part of public OR private health-care exchanges.

I predict that the exchanges will reduce the number of plans in the next few years.  Care First has already lowered their number from 62 to 8.

Some of the companies that are in private exchanges include: eHealthInsurance, BenefitMall, Liazon Corporation, ConnectedHealth, Choice Administrators, TowersWatson -Extend.

Some of the companies that are in public exchanges include: Celtic, Kaiser, CIGNA, Access Health, Care First (Blue Cross / Blue Shield)

For more information visit http://en.wikipedia.org/wiki/Health_insurance_marketplace