Tag: benefits

wellness

4 Ways to Pay for a Financial Wellness Program

More and more companies are adding workplace financial wellness programs – and for good reason. Employees who aren’t worrying about financial problems on the job tend to be more focused, productive workers. A new survey says 83% of employers now offer financial wellness programs (up 20% from two years ago), and 14% plan on offering […]

retirement

New DOL Guidance Sounds Cautionary Tone on ESG Considerations for Retirement Plans

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.

Fixing Benefits Programs Increases Engagement

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.

An Internal Plan Audit Team Essential for Anticipating Changes

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.

college

Entry-Level Jobs Expected to Net College Grads Over $53,000 in Annual Salaries

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 […]

HSA

IRS Raises HSA, HDHP Dollar Limits for 2019

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.