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A new report released by Virgin Pulse—the habits-focused well-being company—reveals that employers are implementing wellness programs to achieve business objectives and address HR priorities.
The IRS on Jan. 29 provided some long-awaited guidance on which midyear amendments to “safe harbor” 401(k) retirement plans it will allow — and which remain prohibited. The guidance, effective immediately, should put to rest years of confusion among practitioners over when they can adjust plans to reflect short-term changes without putting their plan’s qualification […]
What are an employer’s obligations regarding benefits for an employee who is out on leave under the Americans with Disabilities Act (ADA) or the Family and Medical Leave Act (FMLA)?
Over the past 12 months, according to the 2015 Employee Benefits: A Research Report by Society for Human Resource Management (SHRM), employers have been offering about the same number of employee benefits, but the composition of those benefits plans is changing.
You’ve probably noticed more and more employees sporting Fitbit devices lately—wearable gadgets that track everything from steps to sleep time to heart rate and more. As with almost anything that tracks personal health-related data, however, the Health Insurance Portability and Accountability Act (HIPAA) comes into play.
Triple-S Management Corporation (“TRIPLE-S”) has agreed to settle potential violations of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy and Security Rules with the U.S. Department of Health and Human Services, Office for Civil Rights (OCR). TRIPLE-S will pay $3.5 million and will adopt a robust corrective action plan to correct deficiencies […]
By Jennifer Carsen, JD The Internal Revenue Service (IRS) really kicked things into high gear at the very end of 2015. While the rest of us were winding down, hanging out with friends and family, and eating far too many gingerbread men (or perhaps that was just me), the industrious tax elves slipped a few […]
There is a danger lurking on the pathway to retirement security, and your employees are likely unaware of its potential to derail their efforts to save.
According to Glassdoor’s Q3 2015 Employment Confidence Survey, nearly four in five employees (79%) would prefer new or additional benefits to a pay increase. Specifically, more women (82%) than men (76%) prefer benefits or perks to a pay raise. Additionally, younger employees aged 18 to 34 (89%) and 35 to 44 (84%) prefer benefits or […]
Have you heard of a leave donation or leave sharing program? In this type of program, employers allow employees to donate some of their accrued paid leave time to other employees who have already used all of theirs but who need additional hours or days to cover an emergency.