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U.S. Secretary of Labor Thomas E. Perez has appointed five new members to the 2016 Advisory Council on Employee Welfare and Pension Benefit Plans, known as the ERISA Advisory Council. Perez also announced the incoming chair and vice chair of the council.
In order to effectively implement provisions of the Affordable Care Act (ACA), the Centers for Medicare and Medicaid Services (CMS) finalized, on January 21, a rule detailing reforms to the rebate and reimbursement systems for Medicaid prescription drugs. The reforms will save federal and state governments an estimated $2.7 billion over 5 years.
What is the one thing employees want even more than a pay raise?
By Jennifer Carsen, JD, Legal Editor Can employers legally require employees to participate in a wellness program as a condition of being covered by the company’s health plan? A new court decision from the Western District of Wisconsin says yes.
Our office was forced to close for two days due to flooding in our area. How do we handle paying the employees who were scheduled to work on these days? What about the people who had scheduled vacation time and personal hours on these days?
By Jen Carsen When you think about providing employees with “wearables,” you probably think something more along the lines of fitbits than long johns.
As the so-called on-demand economy grows in popularity, some worry what impact it may be having on more traditional businesses. A recent study suggests that over one-fifth of Americans have worked in the on-demand economy, and many more have used it at least once. A look at the survey can begin to answer the nagging […]
The Pension Benefit Guaranty Corporation (PBGC) recently released its annual report for fiscal year (FY) 2015. The report shows the agency paid $5.7 billion to more than 800,000 people in failed pension plans, which is comparable to the payments PBGC made in FY 2014.
Companies looking to reward and motivate their employees with incentive awards need to focus on the total reward experience—which frequently doesn’t involve cash, according to a new study commissioned by the Incentive Marketing Association (IMA).
Whether you were into Metallica, Nirvana or My Chemical Romance, you can be sure of one thing: your favorite high school band probably started in somebody’s garage. But they didn’t stay there. In fact, each of these bands and many others provided the soundtrack to their own generation of fans. They started small, emerged from […]