Practical HR Tips, News & Advice. Updated Daily.
By Keith Soranno, Keas More than half of the U.S. population accesses health benefits via employer provided-benefit plans, and employers collectively spend over a trillion dollars providing them. A significant amount of this money has been wasted due to poor utilization and a lack of understanding by employees on how to effectively utilize these benefits.
Thank you for your inquiry regarding a former employee’s change of plan prior to COBRA election.
Validic, a healthcare industry digital health platform, has been selected by the Wellness Council of America (WELCOA), to power the National On The Move Wellness Challenge. The On The Move competition is focused on fueling national corporate health initiatives to combat physical inactivity and initiate behavior change. Validic will power the platform’s digital health data […]
Your 401(k) plan is designed to help everyone in your workplace to save for retirement—from the youngest employee to the oldest. In the last few years, you may have emphasized the importance of saving early and enough. It can be challenging to reach a diverse group of employees with a message that encourages action, because […]
The U.S. Department of Labor (DOL) has issued new guidance regarding economically targeted investments (ETIs) made by retirement plans covered by the Employee Retirement Income Security Act. ETIs are investments that are selected for the benefits they create in addition to the investment return to the employee benefit plan investor.
A recent research report by Bright Horizons Family Solutions® has shown that many working parents feel burnt out. This means they don’t feel engaged at work, are more likely to leave a company, and are less likely to apply themselves like they used to.
By Keith Soranno, Keas More than half of the U.S. population accesses health benefits via employer provided-benefit plans, and employers collectively spend over a trillion dollars providing them. A significant amount of this money has been wasted due to poor utilization and a lack of understanding by employees on how to effectively utilize these benefits. […]
A Puerto Rico health insurer agreed to pay $3.5 million in a HIPAA settlement after the U.S. Department of Health and Human Services, investigating multiple breach reports from the company, found what it called “widespread noncompliance” throughout the organization. Triple-S Management Corp. is an insurance holding company that offers many insurance products and services through […]
By Todd Castleton Another recent court dispute among would-be beneficiaries highlights the options facing retirement plan administrators when distributing a deceased participant’s benefit. If two or more parties are claiming to be the rightful beneficiary of a deceased participant’s benefit, one option is to review all the facts and make a determination applying the plan’s terms through […]
Yesterday’s Advisor explored a recent survey by Glassdoor concerning employment confidence. Today we’ll continue to explore the results of this survey, specifically about salary expectations and job security over the next 6 months. Where Do You See Your Salary in 1 Year? Glassdoor asked its participants if they expected a pay raise or a cost […]