Practical HR Tips, News & Advice. Updated Daily.
The Department of Labor (DOL)’s latest pronouncement on factoring in environmental, social, and governance (ESG) elements when making retirement plan investments was interpreted by many in the industry as another in a series of presidential administration swings on the extent to which plan fiduciaries can consider collateral benefits beyond investment returns.
Organizations continue to focus on helping employees improve their overall well-being, which in turn can positively impact productivity and costs. The key to realizing the value of this focus is an engaged population, yet despite best intentions and large investments, many employers still face low benefits utilization.
Ensuring that an employer’s 401(k) plan is being administered in accordance with its terms and applicable law is a fundamental fiduciary responsibility. This includes complying with the Internal Revenue Code, the Employee Retirement Income Security Act (ERISA), and the regulations under both.
It may come as a surprise to some employers, but undocumented workers who are injured on the job are entitled to workers’ compensation benefits, at least in New Mexico. However, there’s an important exception that applies to all employers.
According to iCIMS Chief Marketing Officer, Susan Vitale—in a recent RecruitCon 2018 session—81% of college seniors said they would be willing to accept a full‐time job in a field unrelated to their college major. With salary expectations for entry-level positions on the rise, college graduates may have to end up settling for a position outside […]
Question: Can employees pay for telemedicine on a voluntary basis, pre-tax? Or must it be post-tax?
The annual contribution limits for health savings accounts (HSAs) are going up in 2019, the Internal Revenue Service (IRS) announced May 10. The maximum out-of-pocket limits for an HSA-eligible high-deductible health plan (HDHP) also will be increased for inflation, according to Revenue Procedure 2018-30.
A new survey by National Business Group on Health (NBGH) and Fidelity Investments has found that employers are expanding their well-being programs beyond physical health and are boosting financial incentives for workers who promote healthy lifestyles.
A recent survey finds that although employers believe there should be pay equality in the United States, women often remain skeptical about their own careers.
A new study by WorldatWork and Korn Ferry has found employers are providing a “dramatic” increase of progressive health benefits that are available 24/7 to the “always working” workforce. “The Inventory of Total Rewards Programs and Practices” study identifies the types of progressive benefits that saw the largest gains over the last year in the […]