Category: Benefits and Compensation
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
After years of thwarted efforts, congressional Republicans took the first step toward repealing and replacing the Affordable Care Act (ACA). Earlier this month, the House of Representatives passed The American Health Care Act (AHCA), which eliminates or modifies key tenets of the ACA and promises to reshape the way employers provide health insurance.
Now that the American Health Care Act (AHCA)—also referred to as “Trumpcare”—has made its way to the Senate, it’s time for employers to weigh in!
Do you use social media as one of your forms of communication with employees? A lot of companies have opted to start using social media in this way and have found that it can be a valuable communication tool.
The Internal Revenue Service (IRS) on April 20 clarified the two ways defined contribution (DC) plans can calculate maximum participant loan amounts in a memo that should bring some relief to plan sponsors and administrators.
You’ve probably heard by now that the U.S. House of Representatives last week passed a new law that allows private employers to offer employees comp time in lieu of overtime pay. That law has not yet been passed in the U.S. Senate but what if it is? How will it impact your compensation plan? Will […]
Everyone makes mistakes—but some mistakes are simply too costly to make. Especially when it comes to managing your workforce. Neither are Employee Retirement Income Security Act (ERISA) penalties or U.S. Department of Labor (DOL) lawsuits, so how can an organization incur such liabilities? Through compliance violations when it comes to administering health insurance continuation under the […]
Wearable devices like activity trackers have shown the potential to enhance employee participation in wellness programs, but getting the most out of a device requires more than simply asking employees to use it, a recent study found.
Two plan sponsor groups are calling for the Trump administration to undertake a series of market-based initiatives to lower healthcare costs.
A California police officer was being evaluated for not properly investigating a sexual abuse incident. The police department decided to proceed with discipline by recommending that the officer be terminated from the department. After the internal investigation was completed and the notice of intent to impose discipline was sent, the officer’s lawyer tried to extend […]
Small businesses are the backbone of America, representing more than 90% of businesses today, and now they can also claim to be some of the happiest places to work. According to the 2017 Aflac Small Business Happiness Report released by Aflac, insurance benefits remain a key area for improvement.