Massachusetts companies acquired a break on the high-cost entrance Wednesday with information that employees’ compensation charges will drop a median of 10%.
Attorney General Andrea Campbell introduced the settlement with the Workers’ Compensation Rating and Inspection Bureau and the State Rating Bureau, saying it would allow companies to avoid wasting about $130 million on employees’ comp insurance coverage beginning July 1.
“By lowering workers’ compensation insurance rates, we can help better protect workers and ensure that small businesses can offer higher wages, better benefits and lower prices,” Campbell stated in a press release.
Campbell’s workplace stated this 12 months’s fee case began sooner than is required by statute as a result of the AG “secured an order requiring that rates be reviewed sooner than the usual two-year cycle.”
Amazon’s iRobot deal underneath UK scrutiny
British antitrust regulators have began investigating Amazon’s buy of robotic vacuum maker iRobot, including additional scrutiny to the $1.7 billion deal.
The Competition and Markets Authority stated Thursday that it’s contemplating whether or not the deal will lead to a “substantial lessening of competition” inside the United Kingdom. In an preliminary step, the U.Okay. watchdog invited feedback on the deal from “any interested party.”
The acquisition is already dealing with a assessment within the U.S. by the Federal Trade Commission amid worries about Amazon’s rising market energy.
Bedford-based iRobot, which makes the favored Roomba robotic vacuum cleaners, stated it “continues to work cooperatively with both the U.S. FTC and other regulatory agencies in their review of the Amazon-iRobot merger.”
Source: www.bostonherald.com”