Tag: benefits

ACA Tax Reporting Requirements for Large Employers: The Time to Prepare Is Now

By Jennifer Carsen, JD Few would claim their favorite season is “tax season,” and this year large employers have yet another reason to dread it: Mandatory filing requirements dictated by the Affordable Care Act (ACA) kick in for 2015. If you are an Applicable Large Employer (ALE), it’s important to note that you are responsible […]

Obama Signs PACE Act Repealing ACA Small-Group Expansion

On Oct. 7, 2015, President Obama signed, without comment, the Protecting Affordable Coverage for Employees Act, which amends the Affordable Care Act’s definition of a “small-group,” a move intended to force mid-sized companies into providing richer coverage to workers. The PACE Act (H.R. 1624 and S. 1099) repeals the mandatory expansion of the small group […]

Benefits of Hiring Independent Contractors

Does your organization hire only permanent employees? Or does it use a mix of employees and independent contractors? Or perhaps you rely solely on independent contractors and have no permanent staff?

Benefits Remain a Key Tool for Retention and Recruitment

In spite of major changes in the healthcare landscape, small-business owners looking to recruit and retain top employees still need to pay close attention to their benefits offerings. According to the 2015 Aflac WorkForces Report for Small Businesses, a majority of workers employed in small businesses are willing to consider a job with slightly lower […]

Family/lifestyle benefits make greatest impact on Millennial Retention

While salary is important when considering a new job offer or whether to stay with a current employer, according to a Care.com Workplace Solutions Better Benefits Survey, better family lifestyle benefits such as family-care assistance, flexible work schedules, and paid parental leave, directly impact an employee’s decision to make that final move.

Most Retirees Leave Ex-employer’s Plan within 5 Years

The overwhelming majority of defined contribution plan participants at retirement age roll their retirement savings over from their employer’s plan to an individual retirement account within five years of leaving the company, according to new research by Vanguard. But most refrain from taking distributions for years afterward. This common decision has implications for the “to […]

Public Sector Pay: Reasons and Rationale

Most people understand the notion that public sector employees have made a choice to exchange some financial compensation for noncash rewards, including superlative benefits. E. James Brennan, a compensation expert with decades of experience in the field, says there are nuances that many of us do not truly understand.