Practical HR Tips, News & Advice. Updated Daily.
Runaway prescription drug pricing poses a threat to health plan solvency and to the financial well-being of individuals, because a distorted market allows profit-seeking entrepreneurs to game the system with anti-competitive pricing, health plan executives told attendees at AHIP’s national health policy conference on March 9. Drug spending is growing faster than any other component […]
For some of us, posting a job opening both internally and externally is a given. We want to ensure that we have the largest possible applicant pool to choose from for a position. But for others, whether or not to post a job is a question and not just a given assumption.
Corporate benefits departments are shifting, growing, and responding to the needs of their employees by outsourcing more time-consuming benefits functions, according to a new survey conducted by the International Foundation of Employee Benefit Plans.
By Axel Schmidt, TeamViewer Often when a company decides on whether to establish a formal company-wide policy, there must be some business reason or incentive. Until recently, teleworking has mostly been seen as a benefit for the employee, and something a company will do to improve work/life balance.
By Benjamin J. Conley, JD In late October, the Internal Revenue Service (IRS), U.S. Department of Labor (DOL), and the U.S. Department of Health and Human Services (HHS) released a series of informal frequently asked questions (FAQs) addressing various unanswered questions under the Affordable Care Act’s (ACA’s) preventive service mandate, the Mental Health Parity, and […]
In his recent State of the Union address, President Obama made his stance clear: More Americans should have the ability to save for retirement at work—and the ability to take their savings with them as they move from job to job. Obama’s proposals—which will be detailed further in his FY2017 budget—aim to ensure near universal […]
My dictionary defines ‘fad‘ as a temporary fashion, manner, or conduct followed enthusiastically by a group. My life experience tells me that fads come and go—and some fads come back. Not convinced? Remember skinny-leg jeans? They’re back. Actually, they’ve been back for quite a while. Some would say they never went out of fashion but […]
Our business is being acquired and our employees will become eligible for the acquiring company’s benefit plans. What are we required to do in order to terminate our benefit plans including our cafeteria plan? Do we need to file anything or provide official communication to employees?
A new study from financial education and counseling company Financial Finesse highlights the practical implications of the greater retirement savings shortfalls female employees face for numerous reasons, which result in a gender-based financial “confidence gap.” However, the study also shows that women are more likely than men to utilize retirement-planning services offered by employers.
By Benjamin J. Conley, JD Late last year, the Internal Revenue Service (IRS), U.S. Department of Labor (DOL), and the U.S. Department of Health and Human Services (HHS) issued IRS Notice 2015-87, a series of 26 frequently asked questions (FAQs) addressing a range of unanswered questions under the Affordable Care Act’s (ACA’s) employer mandate and […]