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Going beyond traditional healthcare offerings, Astellas, a pharmaceutical company based in Northbrook, Illinois, recently launched a benefits program for its almost 3,000 U.S. based employees that offers a culture of support for multigenerational family responsibilities.
A couple of phrases are making the rounds in retirement plan circles; perhaps you’ve heard them. They are “retirement readiness” and “independent fiduciary.” While they have different meanings, they are more connected than you may suspect. We spoke with Jason Chepenik of Chepenik Financial, who advises clients about their benefit programs and specializes in retirement […]
To most Americans, health insurance is confusing and just plain unenjoyable. Only 14% of U.S. workers can correctly define common insurance terms like deductible, copay, coinsurance and out-of-pocket maximum.1 Even if we were savvier about how health insurance works, we’re less than thrilled by the purchasing process: American consumers rate choosing health insurance as unenjoyable […]
By Renée Robertson There are three qualities that HR professionals should have in order to shift from a tactical role to a strategic role. Let’s take each one and discuss how these qualities create a shift in capability and perception and change the HR Brand. Click here to read more.
There is really no absolute definition of an independent contractor. The important distinction, from the point of view of an employer, is that an independent contractor is an individual who is performing services for the employer but who is not an employee.
by Burton J. Fishman Employers are beginning to comprehend how the widespread availability of medical marijuana will affect the workplace. Newly garbed with medical justification, more workers are claiming a “right” to use marijuana at work. Employers, confronted with a note from the ever-more- aptly-named “Dr. Feelgood” authorizing employees’ use of the drug, are often […]
Safety training is of the utmost importance—in many situations, it can literally be a life or death matter. With so much on the line, it’s important to get your message across effectively, and a new video-on-demand library from Safety.BLR.com® is a powerful classroom tool.
By Nicole Mitchell Contractors often disclose the cost savings of self-insured plans with excitement, but buyer beware. Most contractors are surprised when I don’t immediately commend them on cost savings and instead ask them,“Did you know there are ’special‘ compliance requirements for self-insurance plans and failure to meet the compliance requirements makes the cost unallowable?” Most […]
Every office has a mixture of personality types, from the dedicated hard worker to the dreamer. These personalities don’t always mix well. Today’s Advisor will explore five ways you can maintain a balance among these and other personalities in your office.
The percentage of 401(k) plan participants borrowing from their retirement accounts has remained steady amid record levels of savings in the accounts, but one data point from Fidelity Investments’ latest quarterly analysis of the thousands of accounts it manages could be cause for concern. According to the retirement plan administrator for 13.5 million 401(k) participants, […]