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.

changes

COVID-19 Layoffs Can Cause Partial Retirement Plan Termination

The COVID-19 pandemic has led to “shelter-at-home” proclamations from state and local governments, causing many nonessential businesses to shut down temporarily. Employers have handled the crisis in varying ways, some by temporarily paying employees to stay home, others by laying off or furloughing workers. In such instances, employers need to be aware of the qualified […]

How HR Can Take Advantage of Its Family-Building Benefits

Family-building benefits are among the most sought-after benefits being offered in 2021. In our new work-from-home climate, COVID has not deterred employees from pursuing family-building but rather has created more demand on employers for this robust benefit. More than ever, the responsibility is on employers to create an environment conducive to the sustainability of  work/life […]

Why More Companies Will Think of Benefit Plans as ‘Health Hubs’ in 2021

There’s no doubt that 2020 was a challenging year. As with other industries, we dealt with ensuring the continued health and safety of our employees and providing the ongoing service and support our customers have come to expect and appreciate during the COVID-19 pandemic. But, 2020 also gave Human Resources professionals a great opportunity to […]

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IRS Seeking Comments on Paperwork Burden of COBRA’s Notice Rules

Have you noticed how much notice issues regarding federal continuation coverage seem to be cropping up everywhere—such as in the news, the courts, and the administrative agencies? Well, the latest matter involves part of the regular evaluation of paperwork requirements conducted by the Internal Revenue Service (IRS).

Tiny Offices Trending to Meet Pandemic Needs

With so many employees working from home full time for the first time, many scrambled to find a place to work. Not everyone had a home office, and the kitchen table only works for so long. Some have turned to a new solution: the tiny office.

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Unlimited Vacation: Worker Exploitation or Dream Benefit?

The term “unlimited vacation policy” is almost a Rorschach test. Is it a marketing slogan for a system to exploit workers, or is it an attractive benefit that recognizes the changing nature of many workplaces?

How One Company Supports Employees with Mental Health Issues

Mental health awareness seems to be at an all-time high among employers. Articles, webinars, and online HR events have all focused on this important issue. But where does that leave the countless employees out there right now suffering from a wave of mental health concerns? I recently spoke about the issue with Betty Thompson, EVP […]

disability insurance

Individual Disability Insurance Offers Support and Flexibility to Clients During Unpredictable Times

As a financial adviser or broker, you evaluate clients’ unique needs to provide them with appropriate solutions that protect them from the unexpected. In a world where “one size fits all” insurance plans are sometimes the norm, it can be a challenge to find the right mix of solutions to ensure your clients are fully […]