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As HR Employee Benefits Week comes to a close, we want to look back at all the offering and events that transpired throughout this exciting event! Monday Feature Article | All Aboard: You Can’t Change Healthcare Unless Your Members Opt In Why do half the people who need healthcare opt out, choosing not to utilize their healthcare benefits? […]
It’s Employee Benefits Week at HR Daily Advisor—and we couldn’t be more excited to share the timely news and insights with our dedicated HRDA audience. For our Faces of HR column this week, we look back at some of our favorite Faces and share their expert commentary and insights from the front lines of managing […]
Employees summoned to military service receive certain job protections under a federal law known as the Uniformed Services Employment and Reemployment Rights Act (USERRA). The law requires employers to provide employees on military leave any seniority-based benefit they would have accrued but for the service. A recent case from the U.S. 7th Circuit Court of […]
The apparent lack of qualified workers has become a well-publicized conundrum during the COVID-19 pandemic. You can’t drive by a retail establishment without seeing a “help wanted” sign in the window. Theories abound about why jobs are going unfilled. It’s common to assume the answer is to offer higher pay rates. Although the variables in […]
New disclosure requirements should bring more transparency to the health plan side of employee benefits and allow plan fiduciaries to know and understand all the ways, direct and indirect, everyone is getting paid. The changes will help the fiduciaries to identify and assess possible conflicts of interest.
In Greek mythology, Panacea was the goddess of universal remedy. She supposedly had a potion of herbs to cure almost any ailment. From the fabled goddess, the English language has adopted the word “panacea” to mean a cure-all or solution to all problems. Often, filing a lawsuit is seen as the way to get all […]
Nearly all states have enacted some type of healthcare continuation coverage law (sometimes referred to colloquially as a “mini-COBRA” statute) that is similar to the federal Consolidated Omnibus Budget Reconciliation Act (COBRA) or that supplements the federal requirements. Many of these laws predate federal COBRA but remain in effect after COBRA became law. This column […]
The U.S. 6th Circuit Court of Appeals (which covers Michigan employers) recently issued a long-awaited decision about the appropriateness of interest rate assumptions used by union pension funds to calculate withdrawal liability. The court affirmed a district court’s opinion holding the Ohio Operating Engineers Pension Fund’s use of the “Segal Blend” violated the Employee Retirement […]
The post-pandemic race is on to attract new employees—and as HR and finance executives both know, the solution can’t always be higher wages. Fortunately, other factors still mean a lot to jobseekers in the revived economy. Casual Fridays and office snack bars may help, but as research shows, health insurance is still at or near […]
What will the post-pandemic future of work look like for small and midsize businesses (SMBs)? As companies design their return-to-work policies, SMBs are facing a once-in-a-generation opportunity to rethink their employee benefits strategies. After all, employee benefits play a critical role in how companies of all sizes attract and retain top talent. While SMBs might […]