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.

travel

IRS Announces Special Per Diems, High-Cost Locales for FY 2018

The Internal Revenue Service (IRS) updated its special per diem rates for the transportation industry, incidental expenses, and the “high-low” substantiation method. These rates, announced September 25 in Notice 2017-54, apply to allowances paid to employees on or after October 1 for travel on or after that date.

Print

Survey: Most Employers Don’t Want Full Repeal and Replace of ACA

A new Mercer survey has found that only 35% of employers favor a full repeal of the Affordable Care Act (ACA), while 51% actually oppose it (and 14% have no opinion).  Instead, the survey found that employers prefer smaller changes to the law.

Print
retirement

Are Your Older Employees Thinking Differently About Retirement?

Employers invest a tremendous amount of time and cost in employee benefit offerings which are designed to help their employees save and financially prepare for retirement. Ironically, few employers are focused on the actual process of retirement and its workforce-related implications.

Print
ACA

9th Circuit Faults Retiree Plan’s Disclosure of Lifetime Maximum

A federal appeals court recently confirmed that the Affordable Care Act’s (ACA) prohibition of lifetime benefits maximums does not apply to retiree-only group health plans. However, the court ruled, the plan had failed to disclose this adequately as required by the Employee Retirement Income Security Act (ERISA). The case is King v. Blue Cross & […]

Print
Wellness

Increased Use of Metrics, Incentives among 2017 Wellness Program Trends

An increased use of metrics, incentive and wearables are three trends in wellness programs according to a survey conducted among 8,000 of America’s Healthiest Employers, a leading independent recognition program for U.S. corporate population health.  The survey report, The State of Corporate Wellness, conducted by Springubk and Fitbit Health Solutions, reveals what America’s healthiest employers […]

Print
benefits

Study: Employers’ Cost to Provide Employee Benefits Has Risen 24% Since 2001

U.S. employers’ cost to provide employee benefits, measured as a percentage of pay, increased 24% between 2001 and 2015, fueled largely by a doubling in healthcare benefit costs, according to a new analysis by Willis Towers Watson (WTW). The analysis, according to WTW, “reveals a major shift in how employers allocate benefit dollars and prompts […]

Print
vacation

California Companies Can Impose a Waiting Period on Paid Vacation Accrual

A California auto detail business required its employees to work for at least 1 year before earning vacation. An employee left after 6 months and received no vacation pay upon his departure. He sued the company, claiming it unlawfully required him to forfeit his accrued vacation pay.

Print
training

Preparing for a Natural Disaster or Emergency

In the aftermath of a natural disaster (or other emergency situation), a lot of organizations learn what they should have done to prepare in advance. For example, does your organization have a clear point of contact for employees to turn to for the latest information on the status of the workplace and when they should […]

Print

Helping Employees After a Natural Disaster

Recent natural disasters – like hurricanes and wildfires – have prompted employers and employees alike to consider how the employment relationship is impacted after disaster strikes. Employers are in a unique position to be able to directly impact how quickly their employees are able to get back on their feet. There are a lot of […]

Print