Practical HR Tips, News & Advice. Updated Daily.
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.
Does your organization offer paid vacation? What about a 401(k)? Or sick days? Or health insurance?
The projected insolvency date for the insurance program for multiemployer pension plans, which cover more than 10 million Americans, has been delayed by 3 years, according to the FY 2014 Projections Report recently released by the Pension Benefit Guaranty Corporation (PBGC).
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 […]
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.
By Jennifer Carsen, JD You are undoubtedly weary of hearing about everything the Affordable Care Act (ACA) requires of you in terms of the employee health care coverage you’re mandated to provide.
What did employers give for holiday bonuses this year? And what do employees prefer if given a choice? Results of a new Express Employment Professionals survey reveals what employers are planning to gift their workers and what the employees really want.
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. […]
Employers will have 60 more days to send notices to participants and beneficiaries, and about 90 more days to send notices to the IRS about health coverage offered and employees’ health coverage status, the IRS announced Dec. 28. IRS Notice 2016-4 extends the due dates of the information reporting requirements for insurers, self-insuring employers and […]
Systemic investigations, hiring scrutiny and pregnancy discrimination are among the trends at the U.S. Equal Employment Opportunity Commission that employers should be looking out for in the coming year, according to attorneys at Littler Mendelson PC. A report issued by Littler analyzes and examines key statistics from the EEOC’s Performance and Accountability Report for fiscal […]