Insight into current trends in Business, Finance, Psychology, Economics, and Fitness.
This blog provides running commentary on impactful and relevant current events and research. Insights into topics including Business, Finance, Psychology, Economics, and Fitness are provided by a rising Industrial/Organizational Psychologist.
Crumbling public infrastructure adds to business costs
One in nine U.S. bridges is “structurally deficient” and 42% of major urban highways are congested according to the American Society of Civil Engineers. This poor infrastructure could cost companies an extra $430B in operating expenses by 2020 and cause an additional $1.7T in lost sales. Detours to avoid these public hazards are costly in terms of time, gas, and vehicle wear and tear.
Walgreens to Give Workers Payments to Buy Health Plans:
Walgreens is the largest major employer to overhaul its health program, as the company will give employees money to buy their own coverage on an exchange. They cite rising healthcare costs and expenses related to complying with the new healthcare laws as the reason for the change. It appears that IBM and Time Warner will also be moving from company administered programs to funding exchanges as well.