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.
Working families and workers under 30 years old are the least comfortable in their personal knowledge and skills when it comes to navigating medical benefits and healthcare systems, according to a new survey. While these workers want more healthcare resources, they aren’t utilizing the tools and programs available to them due to a perceived lack […]
By Gwen Cofield Bills expanding access to account-based healthcare arrangements in various respects were approved June 15 by the U.S. House of Representatives’ Committee on Ways and Means.
By Kristine Mullen, segment vice president of Wellness, Humana Many employers are still struggling with low employee engagement in their wellness programs. Too often, employees either do the bare minimum requirements of their wellness program, or they get engaged initially but then interest tapers off. According to one finding, 63 percent of employers cited “low […]
In a letter dated July 11, Starbucks founder and CEO Howard Schultz announced that the international coffee purveyor would be raising base pay for its U.S. employees this fall:
If an employee was approved to take an unpaid month long leave of absence, are we required to extend her health benefits during that month? If we are obligated to provide them, is she responsible for the entire premium for that month? Do we treat this like a continuation of coverage, even though she is […]
If you have employees who travel for work—particularly women of childbearing age—the Zika virus may be much on your mind (and theirs) these days. Fortunately, the federal government is expediting efforts to develop a vaccine.
By David Slaughter, JD, BLR Senior Legal Editor The recently released Republican blueprint for replacing the Affordable Care Act (ACA), while generally well received by plan sponsor groups, elicited concern for its proposal to tax employer-provided health benefits above a certain threshold.
By Chris Ceplenski, BLR Managing Editor, News “The pendulum for benefits responsibility has swung back over to the employer.” “We saw a drastic rise in enrollment in our high deductible health plan (HDHP) when we renamed it an HSA plan.” “Benchmarking against your competitors is important, but don’t be a copycat.” “Eliminate the benefits-speak and […]
As older Americans approach retirement, many may be realizing their financial planning isn’t what it should have been. That could mean they need to postpone retirement—or abandon the idea altogether. “Most people don’t spend much time even thinking about retirement,” says Stephen Ng, founder and president of Stephen Ng Financial Group. Ng is also the […]
Payroll and other human resources professionals are accustomed to handling sensitive information. It’s quite literally in their job descriptions. Large organizations often employ sophisticated software designed to avoid security issues, and they may even have a department dedicated to reducing risks. Even so, a quick online search will reveal many, many instances of customer and […]