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On March 31, President Trump signed legislation to nullify a U.S. Department of Labor (DOL) rule that narrowly limited the circumstances under which drug testing may be carried out by states in administering their unemployment insurance systems.
The Department of Labor (DOL) on April 4 released details of a 60-day delay in implementation of its new fiduciary rule and Best Interest Contract Exemption (BICE). The rule formalizing the extension, was published in the Federal Register on April 7, also delivered changes that significantly reduce compliance burdens during a transition period until January […]
Domestic and global mobility grow increasingly complex as economic, geographic, and individual employee factors are all weighed together when it comes to making policy decisions. Traditional relocation programs can struggle to meet the challenges of this complexity, pushing firms to look for flexibility.
Recently we’ve received several Ask the Expert questions from subscribers seeking guidance on health benefits coverage for workers on certain nonimmigrant visas. Is coverage required for H-1B workers? What about H-2B and F-1 workers?
Is 70 becoming the new retirement age? According to a recent CareerBuilder survey, 30% of U.S. workers ages 60 and older plan to retire at age 70 or older. Another 20% don’t believe they will ever be able to retire.
The Moving Ahead for Progress in the 21st Century Act (MAP-21) in 2012 created a participant and plan sponsor advocate for the Pension Benefit Guaranty Corporation (PBGC) whose role is to “act as a liaison between the corporation, sponsors of defined benefit pension plans insured by the corporation, and participants in pension plans trusteed by the corporation.”
Most Americans support the idea of paid family and medical leave, especially if the compensation comes from employers, according to a new study from the Pew Research Study.
Step outside the boundaries of the employer/employee relationship, just for a moment. As a benefit professional or someone who runs a business, your focus is getting the business of the company done. Of course, that includes figuring how to get the best from your employees. Rewarding people fairly, in terms of money and benefits, helping them understand their importance in the business’ success, and communicating with them in a way that encourages their loyalty all contribute to that effort.
Question: Our CEO would like to establish a “benefit bucket”–an allowance of cash for each employee that can be utilized to pick from a suite of health and welfare benefits that are provided through the employer. It would include things like medical, dental, 401k, Life, Disability, supplemental insurance etc. Would this just be an old […]
While there is still a short window of time for individuals to file and close out on last year’s taxes, for most companies, tax season is already in the rearview mirror. An often overlooked way to reduce employer taxes is within the business vehicle programs. By using this year’s tax season as a time to reevaluate, businesses can implement sound policies and programs to ensure the organization and the employee are in the best position come tax time next year.