Category: 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.

Benefits

Tax Law Fueling Changes to Employer Benefits and Compensation Programs

The new tax reform law is fueling changes to corporate America’s employee benefits, compensation, total rewards, and executive pay programs, according to a survey by Willis Towers Watson, a global advisory, broking, and solutions company. The survey of 333 large and midsize employers reveals nearly half (49%) of the respondents are considering making a change […]

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Does That Law Apply to Me? Sick Leave Laws Raise Questions for Out-of-State Employers

Maryland is now the ninth state to have enacted a paid sick leave law. Effective February 11, 2018, the Healthy Working Families Act became law as the result of a veto override, which understandably means there are still a few details related to the law’s enforcement and implementation to be ironed out. In fact, Maryland Governor Larry Hogan promptly created, by Executive Order, a Small Business Regulatory Assistance office to smooth the transition and help Maryland employers comply with the new law.

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ERISA

Federal Court Won’t Let Plan Make Service Provider Defendant in Fiduciary Suit

The spotlight that the U.S. Department of Labor (DOL) has shined on fiduciary duties for retirement plans has heightened awareness among plan sponsors and their third-party administrators (TPAs). But the proposed rule hasn’t necessarily made some plan sponsors more willing to accept the responsibility of the role.

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Modifying the Workplace for Older Employees

As our population demographics change over the years, employers are finding themselves with a workforce that is ever-changing in composition. While those in the Millennial cohort are finding their feet in the workplace and advancing into more senior roles, there are plenty of Generation Xers and Baby Boomers who plan to stay in the workforce […]

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Wellness programs

Are Workplace Wellness Programs a Waste of Time and Money?

“Workplace wellness programs cover over 50 million workers and are intended to reduce medical spending, increase productivity, and improve well-being. Yet, limited evidence exists to support these claims,” conclude three university researchers in a newly published study.

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terminate

Is Social Awkwardness a Valid Reason to Terminate an Employee?

When it comes to uncomfortable situations, some people gravitate more toward the “awkward turtle” end of the spectrum than the “social butterfly.” When an ill-timed joke costs an employee her job, however, is she entitled to unemployment benefits?

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retirement

Latest Trends Survey Discloses Fees, Remain DC Plans’ Greatest Concern

The latest edition of a widely watched consulting firm survey of defined contribution (DC) retirement plan trends found that plan sponsors continue to focus intensely on fees, even though these expenses have been pressured lower in recent years by plans’ insistence and the threat of litigation.

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benefits

Talent Retention: Nearly 25% of Workers Say Their Employer Does Not Offer ANY Benefits

Nearly 25% of full-time employees in the U.S. do not receive benefits, such as health insurance, retirement savings plan, or paid vacation, from their employers, according to a new survey by Clutch, a B2B research firm. These findings suggest that by not offering a benefits package, businesses risk losing out on top talent during the […]

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farm

Nebraska Supreme Court OK’s Employee’s Vocational Rehabilitation Plan

Nebraska law permits the Nebraska Workers’ Compensation Court to approve vocational rehabilitation plans to facilitate certain injured workers’ return to gainful employment. Read on to learn about the Nebraska Supreme Court’s recent decision on what the law means to “restore” an employee to work in “suitable employment.”

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