According to a survey by human resources consulting firm Effective Resources Inc., unemployment in Florida remains high at 8.1 percent, above the national average of 7.8 percent, based on numbers from the Bureau of Labor Statistics.

The survey also finds that the average turnover rate for Florida is again at 2.2 percent, marking a slightly higher rate from last year's number of 2 percent.

Seventy-eight percent of respondents say they saw an increase in their medical insurance premiums totaling to 10 percent or less. Florida's predicted merit percentage of 2.9 percent on average ended up hitting 2.8 percent this year.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.