Tag: benefits

Top 10: Compensation & Benefits Daily Advisor Review

10 Phrases Successful Managers Never Use Whether you’re making a formal request, pitching an applicant, or proposing an idea, there are ten phrases that can ruin your pitch, says author Darlene Price. Editor’s Choice: How To Handle Employee Pay During Winter Weather Closures: INFOGRAPHIC For this edition of the Compensation Daily Advisor, we present you […]

Feds Push to Publicize Exchanges in Wake of Unpreparedness Charges

More than a month after Max Baucus, D-Mont., an early proponent of health reform, said the implementation of state-based health insurance marketplaces was going so poorly that a “train wreck” would ensue, the Obama administration is now launching a public relations effort aimed at teaching consumers how to buy marketplace coverage. Marketplaces are supposed to […]

Small Retirement Plans Lead Adoption of In-plan Lifetime Income Guarantees

If your plan has been considering adding “in-plan guarantees” to the menu of retirement savings options you offer, new research finds an appetite for them among U.S. defined contribution plan participants. Although the actual market for these instruments in the United States is still limited, the guarantees, which give employees an opportunity while still working […]

RFPs More Popular for Selecting Plan Advisers; Eastern Plans Slower to Adopt

Requests for proposals are overtaking more informal referrals and industry networking as the most common way for retirement plan sponsors to select their advisers. But this increasing popularity is not universal — some plans on the East Coast still have not fully embraced RFPs, a new survey found. And cost wasn’t the main driver for […]

What must a BYOD policy do?

Bring your own device (BYOD) policies are starting to gain some traction in the workforce as more and more employees are requesting the ability to use personal devices for work rather than take on yet another device to manage. Employers recognize the benefits (such as employee satisfaction and decreased upfront costs of electronics for the […]

Set Boundaries to Make PTO Work

Marques, an associate in the New York office of Holland & Knight LLP, offered her PTO tips at a recent webinar sponsored by BLR® and HR Hero®. Make sure that all parts of the company are on the same page. Payroll, posted policies, and employment handbooks should all agree, says Marques. Make sure the payroll […]

PTO Policy OK? 11 Questions You Need to Answer

Unfortunately, to complicate matters, many state laws (and some city laws) cover sick time and/or vacation time, so proceed with caution, says Marques, an associate in the New York office of Holland & Knight LLP. She offered her tips at a recent webinar sponsored by BLR® and HR Hero®. PTO Policy Decisions Are Important Policy […]

Reform Proposal Explains Monitoring of Exchanges and Refines Employer Plan Provisions

How health insurance exchange money is spent, which private insurance products may be offered on exchanges, who advises exchange consumers on plan choices and how well exchanges handle personal data will be under federal scrutiny, as explained in proposed program integrity rules issued by CMS on June 17. The rules also propose tweaks to existing regulatory language […]

Employee Handbooks: Are They Really Necessary?

Even though it isn’t a California or federal law requirement, many employers have an employee handbook or at least a few written company policies. Exactly where do those policies come from? The answer to that question is easy―the HR department. But where does HR get the policies that govern the company? The answer to that […]

Skinny Plans: Adhering to the Letter (But Not the Sprit) of Health Reform

An increasing number of employers are examining providing a low-benefits health plan that covers only preventive health services but not high-price major medical claims. Offering this type of low cost or “skinny” plan is allowed under the health reform law. The question is: Will skinny plans trigger a large-employer exodus to de minimis coverage, and if so, […]