Tag: benefits

PTO and Vacation: What’s the Difference?

Creating a PTO policy may not be as straightforward as employers would like it to be. After all, it’s not just a simple name change. What an employer calls their employees’ time off and how it is treated is important because it will affect the legal obligations attached to it. Each state has its own […]

HHS Describes Employer Process to Undo Exchanges’ Decisions

The health care reform process under which employers can contest adverse determinations (that can trigger pay-or-play penalties) due to an insurance exchange finding that their plans fail to provide minimum essential coverage was finalized in program integrity rules put on public display on Aug. 29 by the U.S. Department of Health and Human Services. The […]

Employee Leave—How Are Best Companies Handling It?

Participate in our brief survey and see how what you are doing stacks up against what other successful companies are doing. We’ll get answers to these questions and more: What kind of paid leaves are offered? (Bereavement? Vacation? Holidays? Maternity/Paternity? Jury Duty?) Do you offer vacation and sick leave or paid time off (PTO)? How […]

Health Reform Action to Correct 30-hour week Unlikely Before 2015

Congressional aides from both chambers of Congress and both parties said they do not expect immediate action on changing health care reform’s 30-hour a week definition of a full-time workers, or on banning “skinny” health plans that do not cover major categories of health benefits. The staffers predicted that even if enrollment is lower than […]

The Build-or-Buy Decision for Talent Managers

One of the most frequent and important questions in talent management is “build or buy,” says consultant Ron Katz. That is, should you build talent (develop an internal candidate) or buy (go outside the organization for the candidate). There will be a cost associated with either choice, says Katz, who made his comments at BLR’s […]

Bad Press for Ending COBRA Due to 26 Cents Premium Shortfall Shows Need to Know the Rules

COBRA’s premium payment rules took center stage Aug. 12, when the “Bamboozled” column in the New Jersey Star-Ledger reported that a qualified beneficiary with leukemia had his coverage terminated early because his premium payment was 26 cents short. The story had a happy ending, but employers and their service providers can avoid being the villains […]

Ex-wives’ Access to QDRO Benefits Upheld in 2 Rulings

  Handling qualified domestic relations orders can be difficult in the best of times for retirement plan administrators. However, when a divorced participant or beneficiary seeks to change or maintain pension survivorship rights with a domestic relations order, determining the rightful beneficiary can become even more complex. Two recent federal court decisions indicate that case […]

Compensation & Benefits Top 10: Summer Wrap-Up

BLR’s 2013-2014 Pay Budget Survey Data: How Do You Compare? The nearly 700 participants in this year’s edition of BLR’s 2013–2014 Pay Budget Survey show 19.2% of employers awarding merit increases of up to 2.5% in 2013 and 42.7% awarding increases of more than 2.5%, with 3.6% awarding increases above 5% of base pay.   […]

UPS to Drop Dual-covered Spouses in 2014

United Parcel Service plans to remove thousands of spouses from its health plan because they are eligible for coverage elsewhere. The health care reform law requires large employers to offer coverage to employees and their dependents, but it does not require companies to cover spouses. Some 15,000 working spouses eligible for coverage at their own […]

What Rights Do Part-Timers Have?

What Is Considered ‘Part-Time’ Employment? There is no state or federal employment law that defines the term “part-time” or specifies the number of hours an employee must work per week to be considered part-time as opposed to full-time. Many employers classify part-time employees as those who regularly work fewer than 30 hours per week.