Designing competitive benefit packages that help you attract and retain top talent can be daunting. While health and well-being benefits may only represent a small portion of your overall compensation plan, they can drive a disproportionate share of your budget. Could the introduction of genetic testing as a covered benefit allow you to better manage your healthcare spend? With the promise of continued increases in your healthcare premiums, perhaps now is the time to seriously consider using genetic testing in order to offer more personalized benefits.
In California, a worker can seek treatment for a work-related illness or injury that’s expected to be covered under the employer’s workers’ compensation policy. To be paid for services performed for claims that aren’t yet finalized, the healthcare provider can file a lien (a claim for payment) against the employee’s workers’ compensation benefits claim. Unfortunately, […]
While the United States is still one of few developed nations that do not offer paid parental leave, Americans overwhelmingly support these policies. A recent poll shows that 82% of voters say it’s important to explore legislation that allows paid time off for medical and family reasons. Today, there is potential for change on the horizon. There has been a growing chorus of support for possibly amending federal unemployment insurance laws to guarantee 6 weeks of paid maternity leave.
by Mary B. Andersen, CEBS, ERPA, QPA ‘Lost in Space” was a popular television series in the 1960s. Sabotage by crew member Dr. Zachary Smith threw the ship off course and launched endless adventures. Today’s equivalent of Dr. Smith is an unauthorized computer hacker who breaks into data security systems and wreaks havoc on confidential […]
At some point along the way, you’ve probably heard a comment about, talking the talk vs. walking the walk, with the implication being that action is more important than words. In a lot of ways that might be true. When it comes to compensation, however, talking the talk is pretty important, too.
U.S. Secretary of Labor Thomas E. Perez recently announced the appointments of five new members to the 2017 Advisory Council on Employee Welfare and Pension Benefit Plans, known as the ERISA Advisory Council. He also announced the incoming chair and vice chair of the council.
by Maggie Spell LeBato A recent decision by the U.S. 5th Circuit Court of Appeals—which covers Louisiana, Mississippi, and Texas—offers a reminder about your obligation to provide a reasonable accommodation for an employee with a disability if it will permit her to perform the job. The ruling is also a reminder of what it takes […]
by Lisa Johnson, global practice leader for consulting services at Crown World Mobility After years of staying put due to the stagnant economy, the improved current economic conditions have resulted in more and more workers—confident in the job market and willing to move to new places and take chances—happily relocating for new jobs. With this […]
The District of Columbia (D.C.) Council approved a bill on December 20, requiring employers to give workers 8 weeks’ paid leave for the birth, adoption, or foster placement of a child. Employers will pay for the leave through a payroll tax.
Two major plan sponsor organizations urged the U.S. Department of Labor (DOL) to withdraw the revisions it proposed to the Form 5500 reporting requirements for group health and retirement plans.