Practical HR Tips, News & Advice. Updated Daily.
Non-grandfathered employer-sponsored group health plans must abide by out-of-pocket maximums for every individual covered, whether they are enrolled in “self-only” or in “other than self-only” (family) coverage. And the government stayed enforcement of the Affordable Care Act’s provider nondiscrimination rules, according to a new set of frequently asked questions from the departments that administer health care reform. […]
Increases. Budgets. Bonuses. Variable Pay. Compensation is never a simple issue, but it’s an important cornerstone of employee engagement and satisfaction, as well as talent acquisition. What’s happening with pay budgets and variable pay in the real world? What are your competitors up to? Help us find out!
In yesterday’s Advisor, we discussed the issue of pay transparency; today, how raises are now becoming very much in demand (whether or not your employees are comparing notes on salary)—and what it means for employers.
I recently wrote that we shouldn’t overlook the contributions the younger generation can make. In business, we often assume that experience equates with success and therefore conclude it’s unlikely that a 20-something can make a significant contribution. I think that’s complete hogwash, but so is assuming people can’t have a major career breakthrough in the […]
Large employers learned more details in new IRS guidance about how to both report about their coverage and fill out and file IRS forms designed to determine whether they are meeting the Affordable Care Act’s coverage requirements for employers. Under the new guidance, if a large employer’s workforce is comprised entirely of part-time employees who were […]
The U.S. Supreme Court on May 18 unanimously vacated a federal appellate court ruling that found that employee retirement plan participants’ claims about fees applied to their plan were time-barred, sending a clear message that plan fiduciaries have an ongoing duty to monitor investments, their expenses and other related claims within that duty’s statute of […]
In yesterday’s Advisor, we revealed some of the results of our HR Technology Survey. Today, we present more findings from this timely study, including how new innovations in software are affecting costs and how far HR professionals are really trusting tech when they make decisions.
Why Provide Disability Insurance for Employees? Of all the benefits employers routinely provide for employees, disability insurance remains one of the least-discussed options. This is startling, considering the fact that there are millions of Americans who are currently disabled and unable to earn income from employment.
Many leaders believe they must have all the answers—that it’s their responsibility to have the answer to every question and the solution to every problem. In my estimation, it’s more important to ask the right questions than it is to always have the answer.
Yesterday, Laraine McKinnon, defined contribution director at investment management company BlackRock, provided some insights on legacy 401(k) plans that may have fallen out of date. Today, her thoughts on forecasting outcomes by groups.