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Benefits

From 401(k) plans to vacation policy, this topic gives HR and Compensation professionals specific strategies on how to handle benefit plans. Articles also provide guidance to brokers, advisers and consultants.


Engagement Is Key to Success of Wellness Education Programs

Even the most robust wellness programs are not likely to change employee behavior unless employees are engaged in the process. That’s why savvy companies make engagement a top priority when it comes to educating their employees about wellness.

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Effective Wellness Programs Combat Worker Burnout

Seventy percent of U.S. office workers and managers report working more than 40 hours a week, and the majority consider the office the most productive place to get work done. But employers need to take action to ensure it remains an inspiring, motivating environment. This, according to the second annual Workplace Index conducted by Staples Business Advantage, the business-to-business division of Staples, Inc.

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More Than Health Insurance: A Holistic Approach to Corporate Wellness

By Dan Colgan, CEO of Rock Paper Team

In this day and age, more emphasis is placed on health and wellness than ever before. The rise of “athleisure” fashion trends, the popularity of FitBits, and the abundance of cleanse diets these days have everyone counting steps and calories.

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Prepare for HIPAA Privacy/Security Audits This Summer, Experts Advise

By Gwen Cofield

Now that the U.S. Department of Health and Human Services (HHS) has begun prescreening questionnaires for Phase 2 privacy and security audits, Health Insurance Portability and Accountability Act (HIPAA)-covered entities should make sure they’re prepared on the compliance areas HHS’ Office for Civil Rights (OCR) has indicated it plans to emphasize.

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IRS Issues Guidance On Taxing Distributions to Those in Phased Retirement

By Jane Meacham

The IRS on June 15 released guidance on paying employees from a defined benefit (DB) plan once the participant has entered phased retirement and whether the distributions should be taxed.

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10 Entry-Level Positions That Offer Telecommuting Benefits

Debunking the myth that entry-level jobs can’t be flexible or that only experienced professionals can attain work flexibility, FlexJobs has identified a sample of 10 remote entry-level jobs for new college graduates to consider. The National Association of Colleges and Employers (NACE) indicates a positive job market for the projected 1,870,000 new bachelor’s degree level graduates in the class of 2016, joining their fellow Millennials in what is now the largest generation in the U.S. workforce after having surpassed Generation X.

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CMS Releases Healthcare Spending Projections from 2015-2025

By Jennifer Carsen, JD, Senior Legal Editor

Total healthcare spending growth is expected to average 5.8% annually over 2015-2025, according to a report published on July 13 by Health Affairs and written by the Centers for Medicare & Medicaid Services’ (CMS) Office of the Actuary (OACT). Projected national health spending growth remains lower than the average over the previous 2 decades before 2008 (nearly 8%).

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Workplace Approaches to Tuition and Student Debt—and Their ROI

Student loan debt weighs heavily on the collective American mind—with good reason. According to MarketWatch, the total outstanding student loan debt as of January 2016 was $1.2 trillion, exceeded only by mortgage debt. It also reports that about 70% of recipients of bachelor’s degrees graduate with debt.

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Tips to Offer Employees on Managing Multiple Retirement Accounts

After decades of job hopping—by necessity or design—some people have accumulated several retirement accounts, making it a confusing chore to keep track of what’s happening with their money.

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Survey Cites Service Providers’ Uncertainty Over Fiduciary Rule, Next Steps

By Jane Meacham

Retirement plan service providers likely will face the most need to change business models among those affected by the U.S. Department of Labor’s (DOL) final fiduciary rule issued in early April. Although adoption of the regulation is more than a year away, many respondents to an industry survey quickly registered confusion, and a sizable number said they plan to adjust their fiduciary status.

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