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Corporate benefits departments are shifting, growing, and responding to the needs of their employees by outsourcing more time-consuming benefits functions, according to a new survey conducted by the International Foundation of Employee Benefit Plans.
Considering that the vast majority of Americans live paycheck to paycheck and 40% struggle to cover a $400 emergency expense, it’s no wonder why so many employees consider themselves functionally uninsured despite being covered by their employer’s health plan. The standard employer-sponsored health plan comes with nearly an $8,000 out-of-pocket expense. And, when an employer’s price […]
By BLR Legal Editor Susan Prince, JD
There’s been a lot of talk recently about the feasibility and value of a shorter workweek. Multiple factors have contributed to this. For one, advances in productive technologies like artificial intelligence and various forms of automation have already demonstrated significant potential in reducing the need for human labor. Additionally, the experience of the COVID-19 pandemic […]
The introduction of COVID-19 vaccines has created many questions in the workplace for employers. In this alert, we address five of the most popular vaccine-related questions, including vaccine mandates, mask mandates, and Americans with Disabilities Act (ADA) accommodations. 1. Once the COVID-19 vaccine is fully authorized by the Food and Drug Administration (FDA), may non-healthcare […]
Hiring a marketing director can free up your executive team and offer more guidance and support to your staff. Here are four common mistakes to avoid.
A recent $6 million wage and hour settlement serves as a reminder that it’s always important to pay attention to your employees’ duties. And the stakes may be even higher in the future, according to one expert.
Long ago, dating was something people did with those they were already acquainted with. People tended to meet their significant others in their hometowns, in their high schools, or on the job, which created a certain sense of social obligation with respect to providing closure. For example, if one party to the relationship wanted to […]
Following the recent release of the U.S. Bureau of Labor Statistics’ December 2023 jobs report, John Commins of our affiliate brand HealthLeaders, offers a look at what this latest data revealed about the state of the healthcare workforce in 2023. Healthcare job growth continued to be an economic driver in 2023, creating 653,000 jobs over […]
Consolidated Omnibus Budget Reconciliation Act (COBRA) plan administrators seeking to better understand how the Health Coverage Tax Credit (HCTC)—including its advance payment system and how it will impact COBRA coverage and documentation—may find useful a new report issued by Treasury Inspector General for Tax Administration (TIGTA), as well as corresponding Internal Revenue Service (IRS) recommendations. […]