Tag: benefits

turnover

Reducing Turnover: Some Ideas to Try

The economy is maintaining a steady 2% rate of growth, and unemployment continues to fall. The market is ripe for many employees to seek better employment. As a result, employers are again looking to keep their best employees on board and motivated. This is no easy task. The cost of turnover is reason enough to […]

Must You Provide a 401(k)?

Given how ubiquitous 401(k) plans are these days, you might assume that they are practically legally mandated. The fact remains, however, that employers in the United States do not have any obligation to offer a retirement savings benefit to employees though many opt to do so now that employee pensions have all but disappeared.

Ask the Expert: We Want to Change our Vacation Policy

Question: Our current vacation policy states that employees can accrue up to 1.5x their annual vacation benefit. Once this limit is reached, the accrual will discontinue until the balance is reduced below the 1.5x annual benefit. We would like to change this policy so that an employee can carry over a maximum of 1 week […]

Congress Delays ACA’s Cadillac Tax for 2 Years

By Jennifer Carsen, JD The Cadillac Tax is designed to help fund healthcare reform and reign in unnecessary spending by imposing a 40% excise tax on insurers of employer-sponsored health plans with total values that exceed $10,200 for individual coverage and $27,500 for family coverage, starting January 1, 2018.

Thompson’s Top HR Stories of 2015

The start of a new year offers the opportunity to take stock, and to plan ahead. It’s anyone’s guess what 2016 will hold for human resources professionals, but looking back at the stories that drew the most interest from our reader community provides some useful insights on what to watch for in the new year. […]