‘Classic example of a complete disregard for employees’ basic rights’ (DOL)
It’s time for another wage and hour roundup—our regular collection of cases that remind HR managers that wage and hour violations are still prevalent—and expensive.
Tag: benefits
Employee Wellness Programs—Here’s What ACA Has to Say
In yesterday’s Advisor, we presented important aspects of wellness programs under the Affordable Care Act (ACA); today, tips on navigating mandatory participation in wellness programs and more ACA regulations.
Supreme Court Ponders Continuing Duty of Prudence Limits in Tibble
On Feb. 24, the first retirement plan “excessive fee” case was heard by the U.S. Supreme Court. It raises the question of how long a fiduciary must monitor its employer-sponsored plan’s investments — or whether that duty can instead be measured at a single point in time. A lower-court ruling had found the ERISA claim […]
ACA—Does It Affect Your Wellness Plan?
More provisions of the Affordable Care Act (ACA) are being officially implemented, and most organizations are wondering how it affects their benefits programs. Employee wellness programs have become popular recently—does the ACA affect them? Know the facts to ensure compliance.
Career Karma Caught Up with This Rude Commuter!
Have you ever wondered why good things happen to bad people? I know I have. It’s not something I’m particularly proud of, but I must admit that sometimes I scratch my head and wonder how someone with questionable character or who demonstrates unethical behavior seemingly ends up on top.
Looking to Voluntary Benefits? Consider These 3 Questions
In yesterday’s Advisor, Navera president and CEO Steve L. Adams provided tips on taking advantage of voluntary benefits; today, we share more on this compensation trend and how to ask the right questions for 2015.
IRS Rules Further Define Payment of ACA Insurer Fees
New IRS regulations define the way health insurers will pay fees under Section 9010 of the Affordable Care Act. In the rules, the IRS applies Notice 2014-47 and provides further guidance on how covered entities will pay the fees for 2015 and subsequent fee years. It also tells how covered entities will report and pay on behalf of […]
The High Rewards (and Low Costs!) of Voluntary Benefits
Offering voluntary benefits can take costs off the shoulders of employers—and also attract new talent. Benefits expert Steve L. Adams advises companies to provide these benefits in a way that resonates with the modern employee … and then reap the rewards.
Unemployment Is Down. Will Your Employees Jump Ship?
It’s well-known that high unemployment rates discourage employees from voluntarily leaving their jobs—even if they’re unhappy—because of the uncertainty in how long it will take to secure a new position. However, the unemployment rate has been steadily dropping for several years, now (in early 2015) reaching lows last seen before the recession. The number of […]
Employers must cover physician and hospital services to avoid ACA fines
On Feb. 23, the Centers for Medicare and Medicaid Services put on public display final rules that require employer health plans to cover physician and hospital services in order to meet health care reform’s minimum value requirement. The rules also set the contribution self-insured health plans and insurers must make to a premium-stabilization fund for the individual […]