Category: Benefits and Compensation

This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.

Last-minute Tips for Amending HIPAA Business Associate Contracts

As the transition period for amending business associate agreements draws to a close, HIPAA experts have highlighted some issues for plan sponsors to keep in mind. Under last year’s HIPAA/HITECH omnibus rules, all contracts with business associates must be compliant with the rules by Sept. 22. Obviously, group health plans and other HIPAA-covered entities that […]

Examples of Human Capital Reporting

Creelman, CEO of Creelman Research, offered his tips at a recent BLR® webinar sponsored by Halogen Software. He was joined by Halogen’s Director of Marketing Communications Connie Costigan.

Signature Authority Can Trigger ERISA Fiduciary Responsibility

One of the most sensitive — and often misunderstood — aspects of being an executive of a company with a retirement plan is knowing when senior leaders are fiduciaries for the plan. A recent federal case added some clarity when it determined that a chief executive with signature authority over the company’s finances was indeed […]

Some Owed Enhanced Benefits After Corporate Takeover, 6th Circuit Rules

A recent court decision reminds plan sponsors that mergers and acquisitions can trigger unexpected or complex changes to participant benefits that rely on careful plan language interpretation. In the case, some former employees of an Anheuser-Busch subsidiary were granted enhanced pension benefits as a result of the controlling company’s purchase by InBev because their employment […]

IRS Lawyers Discuss Reporting on Offers of Coverage

IRS officials described when employers themselves have to fill out full information on all health plan enrollees along with months enrolled, and when employers can hand that over to another entity, such as an insurer. Most employers offer minimum essential coverage to employees; the purpose of Section 6055 reporting is to demonstrate that they are […]

Stumped? New Perspective=New Solutions

It dawned on me that if you change the angle from which you look, you might see things you’ve never seen before. Swiss comedian and artist Ursus Wehrli once said, “I like to turn things upside down, to watch pictures and situations from another perspective.” Maybe that is what each one of us needs to […]