Tag: benefits

HSA or HRA: Key Differences, Benefits, And Employer Trends

United Benefit Advisors (UBA) says that more than one-third (35.1%) of all health plans offered employees a way to help pay their out-of-pocket expenses in 2016, through either a Health Savings Account (HSA) or a Health Reimbursement Arrangement (HRA). Employers and employees reap benefits from both kinds of plans, but in different ways. Understanding key differences can help you make the right decision for your company.

trumpcare

CBO Releases Analysis of Senate Healthcare Bill

The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of the Senate’s Better Care Reconciliation Act of 2017.

Benefits

An Open Enrollment Season Survival Guide for Small HR Teams

Any HR professional currently in the throes of planning for open enrollment season would agree that this is an incredibly stressful time of year. Not only are they tasked with their usual responsibilities—retirement, recruitment, new hire onboarding, and payroll—but they’re also charged with the additional duty of ensuring that employees have all the information and […]

Pros and Cons of Employee Probationary Periods

Does your organization utilize probationary periods for new hires? During a probationary period, it is typically expected that the new hire’s performance will be evaluated, and the individual can be let go for any reason, including if his or her performance does not meet the established performance standards.

FMLA

Ivanka Trump, Senators Advance Ideas on Paid Family Leave

As the idea to make paid family leave mandatory continues to gain attention, employers may be wondering what various paid leave proposals might mean for their businesses. A June 20 meeting between first daughter and presidential adviser Ivanka Trump and a handful of senators doesn’t draw a clear picture of what may be in store, […]