New IRS Procedure Helps with IRA and Retirement Plan Rollovers
Help is here for employees who miss their retirement rollover windows.
Tag: benefits
Employer Faces Class Action Claim for 3-Year COBRA Notice Lapse
By Gwen Cofield Employers and plan administrators should frequently review their Consolidated Omnibus Budget Reconciliation Act (COBRA) procedures to ensure initial and election notices are distributed on a timely basis. Systemwide notice failures can lead to costly class action litigation.
3 Reasons Why Healthy Snacking Is the Key to Employee Engagement
By Sean Kelly, SnackNation cofounder and CEO There’s an epidemic in the American workplace. It’s undermining your company’s ability to reach its full potential, and zapping individual employees of their energy and purpose.
Largest Defined Contribution Plans Look to Adopt DB Best Practices for The Future
By Jane Meacham While acknowledging that maintaining traditional defined benefit (DB) pensions has become either too expensive or too burdensome, several Fortune 500 company retirement plan sponsors would like to replicate for their defined contribution (DC) plans some of the efficiencies from their DB plans, according to a new survey report from BNY Mellon.
Illinois Employees Can Soon Use Sick Time for Caregiving
In Illinois, employees soon will be able to use their sick days to care for family members.
IRS Releases Draft Instructions for 2016 Forms 1094-C and 1095-C
By Jennifer Carsen, JD, Senior Legal Editor It seems like just yesterday we were all having such fun with the 2015 Form 1095-C, doesn’t it?
From Medicine to Well-Being: How to Adapt to The Shift in Corporate Wellness
By Celine Vignal, cofounder of Zenytime Over the last decade, employee health has been a major focus for HR professionals, with initiatives like nurse hotlines, weight loss programs, and on-site vaccinations becoming the norm. While wellness benefits have been on the rise, the types of benefits have clearly shifted to become more inclusive and less […]
Celiac Disease in The Workplace: Why ‘Gluten-Free’ Matters to Employers
By Jennifer Carsen, JD, Senior Legal Editor Over the past several years, you’ve undoubtedly noticed the increased number of gluten-free products on the grocery shelves … gluten-free menus at restaurants … and more and more friends and family who are choosing to “go gluten-free.”
Ask the Expert: Should Weeks of FMLA Be Used to Calculate Vacation Benefits?
Our company’s policy is that employees need to average 35 hours per week in the previous year to qualify for vacation time. Do weeks taken as unpaid FMLA count as “0 hour” weeks in the calculation of average hours worked, or should they be excluded when we determine vacation benefits?
Student Loan Repayment Match: Coming Benefit Trend?
Employers looking to remain competitive in the talent marketplace must stay abreast of the latest trends in salary and benefit offerings. Doing so will help to attract and retain talent in the coming years.