2021 dollar limits on health savings accounts and retirement accounts
As the U.S. starts to return to work and the new “normal,” there are four factors risk management expert Pete Edgmon says employers “need to be mindful of.” They are: Employee demographics: Firms have to consider the nature of the company when evaluating health plan costs. For example, do employees do strenuous labor or do […]
IRS allows extension for healthcare requirement
In a recent case study detailing what worked and what didn’t, Dan Bengyak, Vice President of Administrative Services at Montefiore St. Luke’s Cornwall Hospital in Newburgh, NY, shares how his company dealt with a vacation time issue: We had an interesting problem on our hands when it came to employees’ vacation time — they had […]
Coordinating benefits: It’s one of the easiest areas of benefits management to mess up, and one of the of costliest to correct after the fact.
If your company has made a tremendous shift in the employee wellness benefit it’s offering in 2021 due to the pandemic, you are far from alone. But are these benefits a smart investment? You can judge that for yourself. A new report by Wellable found employers are investing in the following wellness benefits this year: […]
To keep up with employee absence regs and DOL guidelines, employers need to put in place a robust management program – to define, measure and benchmark absence – to help avoid a lawsuit.
It’s a rare case, but one that could affect more employers as the pandemic continues: An employer can’t force a teleworking employee to return, a Massachusetts federal district court ruled. In Peeples v. Clinical Support Opinions, Gabriel Peeples, an asthmatic social worker, asked for an accommodation to continue to telework. When he was called back […]
guidelines on setting policy for COVID-19 vaccines
Coronavirus compliance: 4 areas employers need to check ASAP
Updating paid sick leave policies for employers in response to the coronavirus outbreak.
COVID-19 layoffs what to consider to avoid some unexpected 401(k) costs
DOL’s regular rate of pay rule and how it impact employee benefits
Rule is meant to offer retirement readiness to plan participants
In these uncertain times, employees are feeling stressed and increasingly relying on benefits offerings when deciding where to work. That’s why employers can no longer afford to treat employee benefits as an afterthought. Nowadays, firms need to strategically develop or update employee benefits options to manage cost, and increase employee retention and satisfaction. The following […]
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