Tag: benefits

Catch-up 401(k) Contributions Didn’t Increase Savings Rate Much

The participants 50 or older who have taken advantage of contributing much more of their salary to 401(k) retirement plans through catch-up provisions already were among the highest savers — and so few workers overall are constrained by the annual IRS limits that catch-up contributions aren’t a solution for  low retirement savings rates. Those conclusions […]

The Benefits of Employee Mentoring Programs

The Benefits of Employee Mentoring Programs Mentoring programs provide a multitude of benefits for both employees and the companies they work for. Employers have found that while an initial time investment is required in setting up the program, employee mentoring programs can reap positive results across the board. For example, employee mentoring programs can:

Gauge Your Midyear Progress with These 5 Questions

Believe it or not, as I write this, the first half of 2015 has come to an end. That’s right, the year is half over, and it’s a good time to mark your progress. Are you well on your way to achieving the goals—both personal and professional—you set for yourself this year?

Divorcing Employee? Former Spouse May Elect to Continue Group Coverage

Yesterday, attorney Kathryn Grigg of Axley Brynelson, LLP, explained employers’ obligations to offer health insurance continuation and conversion benefits to an employee’s former spouse and dependents following a divorce. Today, she’ll discuss how the election to continue coverage works—and the circumstances under which that coverage may be terminated early.

Supreme Court Will Rule on Preemption of Vermont Health Reporting Law

The U.S. Supreme Court will decide whether ERISA preemption shields a self-funded health plan from state requirements to report health claims data. The court agreed June 29 to hear Gobeille v. Liberty Mutual Ins. Co. (2015 WL 2473478). The state of Vermont is appealing the 2nd U.S. Circuit Court of Appeals’ ruling in Liberty Mutual v. […]

Benefits: Does Divorcing a Spouse Mean Divorcing Your Company?

Trying to find market data for some jobs may seem a little like searching for a needle in a haystack—tedious, time-consuming, and marginally successful. Often, the problem isn’t that no data are available but in how we’re look for them, says BLR’s Senior Compensation Editor Sharon McKnight, CCP, SPHR.

Supreme Court Upholds Exchange Subsidies

The U.S. Supreme Court in a 6-3 vote affirmed that subsidies may go to individuals in states with exchanges established by the federal government, and the statute did not restrict subsidies to only states that themselves ran exchanges. Such a reading of the statute was not in line with the intent of the Affordable Care […]

Big Needs, Little Budget: Look to the Cloud

By David Fiacco, COO and president, PeopleStrategy, Inc. HR professionals in small and mid-market companies are tasked with an increasingly complex and broad list of responsibilities. Fortunately, HR technology has evolved over time as well, and small and mid-market companies now have access to affordable solutions that deliver enterprise-level functionality. The Cloud is here to […]

Slow It Down … Hurrying Can Result in a Bad Hire!

It’s undeniable that the caliber of the people in your organization—their integrity, intelligence, experience, and commitment—is critical to your success. Give great people the opportunity to do meaningful work, and there’s no telling what they can achieve.