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by Robert C. Nagle Employers can expect increased enforcement efforts from federal and state labor and tax authorities over what’s believed to be a rising tide of misclassification of employees as “independent contractors.” There can be significant payroll savings associated with classifying workers as contractors. For example, employers typically aren’t required to withhold or pay […]
A new report finds that the global employment screening services market, valued at $2,939.8 million in 2016, is projected to reach $4,892.3 million by 2023, growing at a compound annual growth rate (CAGR) of 7.5 percent from 2017 to 2022. Criminal background checks as a service is estimated to be the highest revenue contributor during […]
Stop me if you’ve heard this one — a car is burglarized, and hardware goes missing that turns out to have sensitive personal data on thousands of beneficiaries, employees, patients and customers. Same old story — but in the millions this time. Medical information on nearly 5 million military clinic and hospital patients was on backup […]
Qualifying lifetime annuity contracts in July 2014 became another option for defined contribution plan sponsors to offer to assist with retirement income security when the U.S. Treasury Department and IRS issued final regulations allowing them. Now, plan sponsors and participants near retirement age face some confusing choices when considering whether QLACs are right for their […]
Litigation value: Ryan gets nothing today, but in a few years ….. who knows? The ADA Amendments Act of 2008 (ADAAA) significantly broadened the ADA’s definition of disability. Ryan had me asking myself how much during last night’s rerun episode, Trivia. During the trivia contest, the organizers confiscated Ryan’s smartphone. Ryan held out for all of eight seconds before deciding that he would rather be ejected from […]
A prescription drug’s ability to prolong life is a top factor health plans are using when fixing benchmark prices for drug reimbursement, followed by the drug’s ability to improve the patient’s quality of life, health care stakeholders said at an April 15 briefing hosted by the Alliance for Health Reform. Steven Pearson, MD, MSc, president […]
On October 6, the Trump administration released two interim final rules that will vastly expand the availability of exemptions to the Affordable Care Act’s (ACA) rules requiring employer coverage of contraceptives. The ACA requires employers and insurers that offer group health plans to employees to cover certain approved contraceptive methods—at no additional cost to employees—or […]
The following is a list of the bestselling hardcover business books as ranked by the Wall Street Journal with data from Nielsen BookScan. 1. The Money Class: Learn to Create Your New American Dream by Suze Orman. The financial planner asserts that the New American Dream is not the things we accumulate but the confidence […]
In a BLR webinar titled “Depression and Other Mental Illness Under New ADA: Accommodation Practices for HR,” Susan G. Fentin and Ronald Schouten tackled the sensitive issue of handling depression and other mental illnesses that employees may face. This issue can be complex because employees are often reluctant to ask for help, the symptoms of […]
Over the past 20 years, employers have increased and decreased benefits strategically in response to the needs of the workplace and employees as well as to economic and technological changes, according to the Society for Human Resource Management (SHRM) 2016 Employee Benefits Survey report.