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Employees find 401(k)s and similar group retirement plans are found to be the most difficult benefits to understand, followed by health insurance and HSA/FSAs, according to a new financial wellness survey released by Four Seasons Financial Education (FSFE).
Caught between the Baby Boomers and the Millennials, Generation X is fewer in numbers. They have matured beyond their slacker reputations, and many of them are dealing with young children, elderly parents, and stressful jobs.
According to a recent survey released by Namely, attitudes toward summer vacation are shifting under the demands of the modern workplace and growing Millennial influence. While employees are willing to make big sacrifices for more paid time off (PTO), they are unlikely to use it and look for employers to support time off in different […]
By Arris Reddick Murphy, FedEx Corp. The U.S. Department of Labor’s (DOL’s) much-discussed final rule on overtime pay announced in May focuses primarily on updating the salary and compensation levels needed for executive, administrative, and professional (EAP) workers to be classified as exempt. But it may have implications for some of these workers’ 401(k) retirement […]
More employers are investing in “total well-being” programs that address areas such as financial and emotional health, according to the 7th annual survey on corporate health and well-being from Fidelity Investments Benefits Consulting and the National Business Group on Health (NBGH). The survey revealed employers are adding programs that help their workers manage stress, improve […]
While the discussions continue about healthcare reform, most agree that its primary goal—affordable health care for every American—is a noble one. Even as the law was written, and certainly as implementation has progressed, the reality that emerged was anything but simple. For many, “bogged down” doesn’t even begin to describe the processes and the outcomes.
The Children’s Place Inc. (CPI) may be a fun spot for kids, but it’s apparently a lousy place to be an employee covered under the company health plan.
By Greg Autuori, manager, Benefits Consulting, at Namely You made it. Somehow, some way, you found a way to make sure your company was compliant with the first year of IRC 6055/6056 reporting regulations and associated distribution of Forms 1094/1095. This was a monumental task, and over the past year, there’s a good chance you’ve […]
Want to attract and retain top talent? Who doesn’t these days? According to some, your benefits package is the key to getting great talent in the door, but how can you compete with the Googles and the Apples? Try offering some unique and exotic work perks!
By Chris Ceplenski, BLR Managing Editor, News A number of the sessions at WorldatWork’s 2016 Total Rewards Conference touched on—and sometimes focused significantly on—the importance of effective communication with employees regarding their benefits.