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Q. Can we make it mandatory for employees to enroll in Medicare upon turning age 65 even if they don’t plan on retiring and continue using the group medical plan? If so, how must this be communicated to employees approaching Medicare eligibility?
Employees will be able to contribute up to $2,750 to a health flexible spending account (FSA) in 2021, the same as in 2020, the Internal Revenue Service (IRS) announced in Revenue Procedure 2020-45. However, changes were made to certain other benefits thresholds and limits.
2020: What an emotional rollercoaster. The ongoing pandemic and civil unrest have combined to create a markedly large number of highs and lows for everyone, most particularly for minority communities. Not to make light of this serious issue, but the current environment does have a silver lining: The events of this year have thankfully pushed […]
Editor’s note: Throughout the week, we’ll be featuring exclusive insights into the world of corporate culture. Employee engagement plays a vital role in your organization’s culture as it helps retain top talent. Earlier this week we shared tips for helping you improve engagement for all workers, but here, we’ll be focusing specifically on remote worker engagement.
As employers reevaluate employee benefits following the labor shock of 2020’s COVID-19 pandemic, they must look at ways to both shore up financial health and help reduce potential future stressors.
COVID-19 has forced millions of employees to not only shift from office work to full-time remote work but also change their entire approach to work. This change has inevitably caused a lot of fear, confusion, panic, and stress among employees.
With companies across the nation (and around the world) suddenly experiencing a forced work-from-home (WFH) experiment, employees and their managers have been thrust into the unknown.
The pressures of this pandemic have clearly led to an increase in mental health concerns. The magnitude of that increase, however, has been quite large. A recent poll of 2,000 respondents in the United Kingdom found that an incredible 74% report their mental health has been negatively impacted because of the pandemic.
The COVID-19 pandemic is spreading like wildfire, and with every passing minute, we receive the latest updates. With the evolution of the situation, most small business owners doubt the steps and plans to survive, mitigate risk, support customers, and protect employees.
The impacts of isolation have been well studied. While the relationship between being alone and feeling mentally unwell can be a complex one, generally speaking, those who are prone to depression often find that loneliness exacerbates the situation.