Practical HR Tips, News & Advice. Updated Daily.
The American Institute of CPAs’ (AICPA) Auditing Standards Board (ASB) recently issued a proposed Statement on Auditing Standards (SAS) that will affect all independent qualified public audits of employee benefit plans, especially limited-scope audits.
Companies looking to hire information technology professionals should expect to pay higher salaries in order to attract these candidates. At the same time, employers searching for IT talent may find a somewhat less competitive environment.
The Internal Revenue Service’s (IRS) delay until 2018 of implementation of updated mortality tables for pensions gives defined benefit (DB) plan sponsors some extra time to prepare for significant changes tied to increased participant longevity. But the delay also may affect pension liability valuation in up to three ways, according to investment consulting firm Cambridge […]
The U.S. Court of Appeals for the 3rd Circuit—which covers Delaware, New Jersey, and Pennsylvania—recently upheld an employer’s trial court victory, providing useful guidance for employers seeking to manage difficult employees in the midst of workers’ compensation claims.
Question: We have an employee who will be leaving for active duty for just about one year. What is the requirement under USERRA for continuing employee benefits?
By now, you’ve seen the surveys that indicate job seekers, especially millennials, want “career opportunities” or “growth opportunities.” But before you restructure your benefits offerings—or worse, think you can’t compete—take a moment to consider what these individuals really want.
With summer officially upon us, many employees are looking forward to their vacations, but paid time off (PTO) restrictions, lack of managerial support, and stress upon returning can all affect that well-planned trip, according to a survey released by leadership development and conversation experts at Fierce, Inc. Fierce surveyed over 1,000 full-time employees across the […]
What are the main benefits and risks of using subject matter experts (SMEs) in training, and how can organizations help SMEs be successful?
The U.S. Department of Labor (DOL) released a draft model form for plan participants and others to use when asking group health plans to explain their limits on mental health coverage.
United Benefit Advisors (UBA) says that more than one-third (35.1%) of all health plans offered employees a way to help pay their out-of-pocket expenses in 2016, through either a Health Savings Account (HSA) or a Health Reimbursement Arrangement (HRA). Employers and employees reap benefits from both kinds of plans, but in different ways. Understanding key differences can help you make the right decision for your company.