Tag: benefits

Claim by Worker’s Estate Against Employer’s Uninsured Motorist Policy Is Barred

By Guest Columnist Jan 27, 2017 Benefits and Compensation

Updated: Jan 7, 2018

The New Mexico Supreme Court recently responded to a certified question from the U.S. District Court for the District of New Mexico in a lawsuit filed by the family of a worker who was killed in an accident at a salvage yard that was likely caused by a coworker. The supreme court’s answer turned on the resolution of a conflict between language in the New Mexico Workers’ Compensation Act (WCA) and the uninsured motorist (UM) statute.

retirement

DOL Sues to Recover Losses to Vermont ESOP

By HR Daily Advisor Staff Jan 26, 2017 Benefits and Compensation

Updated: Jan 26, 2017

The U.S. Department of Labor (DOL) is suing the fiduciaries of a Vermont employee stock ownership plan (ESOP) for violations of the Employee Retirement Income Security Act (ERISA), alleging that First Bankers Trust Services, Inc.’s 2011 purchase of a company on behalf of the ESOP from its two previous owners caused the plan to suffer […]

offer

Tips to Help Ensure Your Job Offer Is Accepted

By Bridget Miller, Contributing Editor Jan 26, 2017 Benefits and Compensation

Updated: Jan 26, 2017

How often have you or your hiring team put together a job offer for a well-qualified candidate only to have the offer rejected? This can be quite frustrating, and can increase how long it takes to fill a vacancy.

ACA

Republican ACA Proposal Poses Challenges for Multistate Employers

By Kate McGovern Tornone Jan 25, 2017 Benefits and Compensation

Updated: Jan 7, 2018

A group of republican senators proposed a replacement bill for the Affordable Care Act (ACA) that would allow states to choose whether or not to keep Obamacare’s provisions in place. Because employers’ requirements would depend on where employees work, compliance could be a real challenge for companies with operations in multiple states, according to the […]

trends

Workplace Trends to Watch in 2017

By Guest Columnist Jan 25, 2017 Talent

Updated: Jan 25, 2017

Maternity leave is so 2015. Like resolutions, trend forecasting has become a rite of passage around the arrival of each New Year. Through safe bets and bold predictions, we look ahead to what the year will hold. Over time, these trends cease to be trends—they become entrenched in our workplaces, and they mature.

communication

Second DOL FAQ on Fiduciary Rule Addresses Questions About Fiduciary Communications

By Guest Columnist Jan 20, 2017 Benefits and Compensation

Updated: Jan 7, 2018

The U.S. Department of Labor (DOL) released the second set of frequently asked questions (FAQs) for retirement plan professionals on the agency’s complex new fiduciary rule just days before the end of the Obama administration in an effort to answer plan practitioners’ questions about how the rule draws lines between fiduciary and nonfiduciary communications, education, and advice.

Genetic Testing as Part of Workplace Wellness Programs

By Guest Columnist Jan 20, 2017 Benefits and Compensation

Updated: Jan 7, 2018

Designing competitive benefit packages that help you attract and retain top talent can be daunting.  While health and well-being benefits may only represent a small portion of your overall compensation plan, they can drive a disproportionate share of your budget.  Could the introduction of genetic testing as a covered benefit allow you to better manage your healthcare spend?  With the promise of continued increases in your healthcare premiums, perhaps now is the time to seriously consider using genetic testing in order to offer more personalized benefits.