Benefits from Cars to Credit to Counseling to Charity
Yesterday’s Advisor offered healthcare results from the Society for Human Resource Management’s (SHRM) 2014 Benefits Survey; today, the survey’s results for other types of benefits.
Tag: benefits
Some Owed Enhanced Benefits After Corporate Takeover, 6th Circuit Rules
A recent court decision reminds plan sponsors that mergers and acquisitions can trigger unexpected or complex changes to participant benefits that rely on careful plan language interpretation. In the case, some former employees of an Anheuser-Busch subsidiary were granted enhanced pension benefits as a result of the controlling company’s purchase by InBev because their employment […]
Who’s Offering What Benefits? (SHRM Survey)
The Society for Human Resource Management (SHRM) released its 2014 Employee Benefits Survey at its recent Annual Conference and Exposition in Orlando. The findings are helpful for determining what benefits are commonly offered and which ones you might want to consider.
IRS Lawyers Discuss Reporting on Offers of Coverage
IRS officials described when employers themselves have to fill out full information on all health plan enrollees along with months enrolled, and when employers can hand that over to another entity, such as an insurer. Most employers offer minimum essential coverage to employees; the purpose of Section 6055 reporting is to demonstrate that they are […]
Stumped? New Perspective=New Solutions
It dawned on me that if you change the angle from which you look, you might see things you’ve never seen before. Swiss comedian and artist Ursus Wehrli once said, “I like to turn things upside down, to watch pictures and situations from another perspective.” Maybe that is what each one of us needs to […]
Suit Seeking Plan Docs in Spanish Dismissed for Lack of Harm
A federal district court judge on Aug. 12 dismissed a suit by current and former employees of a Maryland construction company who alleged that the company failed to comply with ERISA disclosure requirements and to provide retirement plan documents upon request because the Spanish-speaking plaintiffs couldn’t understand the English documents. ERISA requires that plan sponsors […]
Forward-Looking HR Metrics Let You Act Before Problems Arise
HR activities, such as training, staffing, orientation, discipline, and benefits, are difficult to directly connect to operational performance metrics, such as sales, profitability, costs, delivery, quality, and service. And they tend to be reactive, not proactive. Consultant Rick Buchman shows you how to connect the dots.
Plan Identifier Rules Not Written for Self-funded Plans
With the HIPAA deadline for obtaining a health plan identifier less than two months away, plan sponsors have encountered major problems trying to get one — if they’ve started at all, according to a poll conducted by the ERISA Industry Committee. “ERIC’s members are really struggling with the requirements for health plan identifiers,” said Gretchen […]
YouTube Video Responsible for Beauty Queen’s Workers’ Comp Fraud
Haven’t we learned by now that if you’re going to play the system, it’s better to keep a low profile? With the advent of social media, laying low is proving to be a hard challenge for people trying to get away with workers’ compensation fraud!
Survey—Background Checks on Social Media? Policy Enforcement?
Policy Focus: Background Checks Multiple states and cities have enacted laws in recent months that govern the use of background checks, so this year’s survey takes a closer look at those policies. We kicked it off by asking how many survey participants have background check policies (74.4%) then moved on to ask how many apply […]