Tag: benefits

EBSA: Deficient Work Tied to Auditors’ Size, Experience

Hiring an auditor with limited experience auditing benefit plans, or experience auditing only small plans … may cost plan sponsors. That conclusion can be drawn from a new assessment by DOL’s Employee Benefits Security Administration of audit quality after reviewing annual reports from 400 sample retirement plans of various sizes. The agency found a nearly […]

Exit Interviews 101

Does your company conduct exit interviews? What questions do you ask? What benefits do you gain? These Q&A sessions with an employee who is leaving the company can be done in person, but they can also be done in writing—via e-mail, online forms, or even mailed questionnaires.

Employment Branding Survey—What’s Happening Out There?

2015 has seen some dramatic changes in the business landscape, and the importance of an employer’s brand has become more important than ever. Studies are showing that top talent today want to work for a company they trust and believe in—but not much has been said about what organizations are actually doing to capitalize on […]

Incentives Are Not the Only Way to Increase Wellness Program Uptake

Wellness incentives, especially penalties, can increase employees’ participation in wellness programs but other factors play a considerable role as well, a study by the RAND Corp. indicates. “The main finding is that, while incentives increase employee uptake among programs with limited services, offering a comprehensive program is almost as effective,” according to a RAND summary. Workplace […]

Reform FAQs Solidify Rules on OOP Maximums, Provider Nondiscrimination

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. […]

Pay Budgets and Variable Pay—What’s Really Happening?

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!

Age Does Not Dictate Talent, Drive, or Success

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 […]