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.

Must You Pay Employees When Bad Weather Forces a Closure?

Maybe it’s 20 inches of snow. Maybe it’s an impending hurricane. It could be wildfires, an ice storm that caused a power outage, or flooding. Whatever the specifics, Mother Nature has a whole lot of ways to create havoc and cause businesses to shut down temporarily.

Career Karma Caught Up with This Rude Commuter!

Have you ever wondered why good things happen to bad people? I know I have. It’s not something I’m particularly proud of, but I must admit that sometimes I scratch my head and wonder how someone with questionable character or who demonstrates unethical behavior seemingly ends up on top.

IRS Rules Further Define Payment of ACA Insurer Fees

New IRS regulations define the way health insurers will pay fees under Section 9010 of the Affordable Care Act. In the rules, the IRS applies Notice 2014-47 and provides further guidance on how covered entities will pay the fees for 2015 and subsequent fee years. It also tells how covered entities will report and pay on behalf of […]

Voluntary Benefits: Low Cost, High Reward!

Voluntary benefits can have a very positive effect on recruiting and retention, and with little cost being shouldered by the employer. Steve L. Adams, an expert in the field of benefits and insurance, emphasizes that in order to reap the rewards of these offerings, you must be sure to implement them in a way that […]

Employers must cover physician and hospital services to avoid ACA fines

On Feb. 23, the Centers for Medicare and Medicaid Services put on public display final rules that require employer health plans to cover physician and hospital services in order to meet health care reform’s minimum value requirement. The rules also set the contribution self-insured health plans and insurers must make to a premium-stabilization fund for the individual […]