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.
Employers that purchase small group coverage that is federally regulated under the Affordable Care Act will have additional assurances that their plan members will not be balance billed in certain situations, under proposed rules issued in pre-publication form on Nov. 22. The rule also plans for the adoption of network adequacy provisions to compensate for […]
The short answer to your question is “Yes, it is generally legal to reduce an employee’s pay in order to account for unsatisfactory performance.” Just as employers may increase employee wages for exemplary performance, an employee’s paycheck can also be a viable method for deterring or improving poor performance.
A new survey has found that U.S. employers aren’t expecting to fully fund their annual employee bonuses in 2015.
Thanks to cost pressures exacerbated by the Affordable Care Act, narrow-network plans have increased in popularity because of their lower premiums, but plans using such networks need to think about associated potential problems with poor provider access, balance billing and provider directory information. Detailed information about the latest regulatory and legislative measures to prevent balance […]
Contrary to popular belief, work-life balance and work flexibility issues aren’t primarily women’s issues. In fact, for certain benefits, it is men who use them more frequently and are more likely to say that their work is interrupted for personal or family reasons, according to results of a new survey.
As part of the negotiations for a new hire’s total compensation package, the candidate has asked the company to waive the health benefits eligibility period and start benefits immediately. Can the company agree to this for some new hires and not others? Would this put the company in jeopardy of potential discrimination claims?
New York City Mayor Bill de Blasio has signed into law the Affordable Transit Act, which requires New York City companies with 20 or more full-time employees to offer pretax transit benefits. The bill encourages employers to take advantage of an existing federal tax benefit, which already allows businesses to offer its workers $130 a […]
Two provisions of the Affordable Care Act (ACA) that apply only to applicable large employers (ALEs) are now in effect: the employer shared responsibility provision and the employer information reporting provision for offers of minimum essential coverage.
Fair warning: this may be an uncomfortable topic. However, it is important to bring it to light. Mental illness has touched everyone on some level, and it reaches into the workplace, too. Because May is Mental Health Awareness month, there is no time like the present to make this subject a priority at your place […]