Practical HR Tips, News & Advice. Updated Daily.
As the transition period for amending business associate agreements draws to a close, HIPAA experts have highlighted some issues for plan sponsors to keep in mind. Under last year’s HIPAA/HITECH omnibus rules, all contracts with business associates must be compliant with the rules by Sept. 22. Obviously, group health plans and other HIPAA-covered entities that […]
The U.S. Department of Labor on Oct. 21 reversed 2008 guidance that discouraged retirement plan fiduciaries and their investment advisers from considering environmental, social and governance (ESG) factors when choosing companies for their portfolios. The reversal, made through a new interpretive bulletin that reinstates 1994 guidance, recognizes a growing consensus that fiduciary duty may in […]
Employers have a lot to worry about these days. Fortunately, the expiration of the marketplace notice form issued by the U.S. Department of Labor (DOL) isn’t something else to add to the list. The form, New Health Insurance Marketplace Coverage Options and Your Health Coverage, comes in two versions: one for employers that offer some […]
Plan sponsors in areas Hurricane Sandy affected may want to prepare for an increase in loan or hardship withdrawal requests after the IRS on Nov. 16 said it temporarily will relax its rules that apply to such emergency funding for retirement plan participants. The IRS announced the relief in Announcement 2012-44. Hurricane Sandy should be […]
Think it might be time to move to electronic recordkeeping? You already have, says attorney Marc Jacuzzi. Look at what you are already doing electronically:
In a previous post, we discussed the findings of a recent LinkedIn report that looked at gender differences in the job application process. This report is important because even though women make up the majority of the U.S. population, they are underrepresented in many industries, as well as in leadership and executive positions in particular.
Title VII of the Civil Rights Act of 1964 allows employers on or near an Indian reservation to give preferential treatment to Indians living in the vicinity. But the Equal Employment Opportunity Commission (EEOC) takes the position that this provision doesn’t permit preference for members of a particular tribe. In the continuing saga of a […]
Health reimbursement arrangements that are not integrated with group health coverage will violate health reform’s prohibition on annual benefit limits, the federal government recently clarified. HRAs that are integrated with individual policies will be seen as “nonintegrated,” thereby violating the ban on annual limits, the agencies implementing health reform stated. And if employees don’t sign […]
To tame turnover, says consultant Karl Ahlrichs, SPHR. Focus on the employees you really want to keep. You’ll have a much better shot at improving the bottom line. And going one step further—if we can do a good job of managing turnover among top producers, we’ll improve other key metrics like retention of customers, says […]
The Democrats blazed ahead into battle today (March 10) by introducing the much-anticipated Employee Free Choice Act (EFCA) in both houses of Congress. EFCA, which has been the subject of countless debates, is a controversial bill that would allow a majority of employees to form a union by signing card-check petitions. Under the Employee Free […]