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Ask the Expert: Do We Have to Offer Our HRA with COBRA Benefits?

Question: If you offer a Health Reimbursement Account (HRA) to your regular full time employees, are you obligated to offer the HRA to people that terminate and elect COBRA? If yes, can you charge the employee for the COBRA premium AND can you charge for a premium equivalent rate for the HRA (or administrative charge)?

Employees Want These Three Things Most

HR pros are no doubt tired of hearing about the tight job market. But the hard truth is, it is tight. At roughly 4% unemployment, it’s a seller’s market when it comes to labor, and employers are rightly looking to do whatever they can to attract, hire, and retain the top talent—or, in some cases, […]

pay

How to Implement a Hierarchical Pay Raise Strategy

In two previous posts, we’ve been discussing the need for, and the merits of, implementing a hierarchical pay raise structure as opposed to a more or less flat structure whereby all employees generally receive about the same pay increase.

The Three Keys to Successfully Moving to the New World of Work

Before March 2020, the new world of work was slowly making its way into the working world ecosystem. A relatively small number of companies offered flexible work options, and a few more organizations experimented with unique benefits and work environments (cue the Ping-Pong tables and free lunch). The newness of these types of programs made […]

5 HR Trends That Will Shape the Future of Work in 2023 

The pandemic reset long-established expectations about work, and employers and employees are still sorting out what it will mean over the long haul. It’s clear that employees overwhelmingly want more flexibility in the way they work, and they’ve demonstrated by the tens of millions they’re ready to jump ship if they don’t get it. But […]

Tax Bill Affects Numerous Fringe Benefits

The massive tax overhaul recently enacted by Congress includes provisions that affect a variety of fringe benefits, along with other aspects of employee benefits and compensation.