Practical HR Tips, News & Advice. Updated Daily.
With the Supreme Court’s June 28 ruling affirming health reform, its legal requirements on employer health plans are a green light. Plans therefore continue to face important requirements this calendar year. Fortunately, they’re the same ones employers have known about for some time. But if an employer has been holding off from comprehensive implementation, a […]
On December 16, the Centers for Medicare & Medicaid Services (CMS) issued the Notice of Benefit and Payment Parameters final rule and the final Annual Letter to Issuers for 2018. The primary focus of the notice—risk stabilization—complements recent announcements that are meant to improve the risk pool, including actions to address third-party payments of premiums and improve program integrity for […]
The brightest and freshest minds in any industry are straight out of university. These young professionals are new to the workforce and ready to apply their knowledge to the “real world.”
Given how ubiquitous 401(k) plans are these days, you might assume that they are practically legally mandated. The fact remains, however, that employers in the United States do not have any obligation to offer a retirement savings benefit to employees though many opt to do so now that employee pensions have all but disappeared.
College is meant to be a time of exploration and learning, not a time for backstabbing, cheating, and bad behavior. Those are traits you’re supposed to leave behind … in middle school!
As you’re searching for top talent to develop for your organization, you’re going to conduct a lot of interviews. And you’re likely going to ask at least one of the common questions below. But make sure you know what they’re really asking.
As the traditional role of HR continues to evolve, one thing is clear: HR pros want to be more productive and involved by handling bigger issues that directly impact the company and its bottom line.
Although defined benefit pension plan sponsors have engaged investment managers for years, it’s only recently that defined contribution plan sponsors have begun exploring this option to limit liability risk for their fiduciary role. “Because employers want to avoid litigation, which could result in personal liability for investment committee members, many plan sponsors are seeking ways […]
Unless you have been vacationing on an Internet and news free island, you know that the U.S. Department of Labor has proposed an overtime regulation overhaul that would increase the salary level an employee must meet to be considered exempt from overtime pay from $455 per week to $970 per week in 2016 (based on […]
IRS on April 4 said rules that do not distinguish between same- and opposite-gender married couples in tax and federal retirement plan provisions will be in effect retroactive to June 26, 2013. This date is when the U.S. Supreme Court held in U.S. v. Windsor, S. Ct. 2675 (2013) that the lack of recognition of […]