Tag: benefits

Feds Propose Varying FTE Definition by Industry in Reform’s Play-or-Pay Rules

Federal agencies will accept alternate definitions of full-time employee for purposes of health reform’s play-or-pay mandate, to allow for industry-specific labor norms and seasonal workers. Some business owners and workers requested special methods of calculating hours for employees: (1) whose compensation is not based on hours, such as salespeople on commission; and (2) whose work […]

Know the Public’s Breaking Points on Exec Pay

Fichthorn, who is vice president in the Philadelphia office of Hay Group, offers the following chart to clarify what employers want and how it compares to what the public wants. Topic Area What Makes Business Sense? What Do Shareholders Want? Where’s Their Breaking Point? Pay Philoso-phy Pay positioning that maps to competitive positioning Pay positioning […]

Health Insurance 2013—What’s Really Happening?

Participate in this brief survey and see how your health benefits stack up against those of other successful companies. The survey takes only a few minutes to complete. Complete the Survey Now To show our appreciation we’ll send a PDF of the survey results to all participants. (Be sure to include your contact information where […]

401(k) Plans’ Cost-effectiveness Becomes Clearer as Use Increases

Employers may find this new information useful for planning or justifying their retirement plan expenses: Contrary to the popular belief that defined benefit retirement plans are more costly for employers to administer, data from the U.S. Bureau of Labor Statistics indicates that private-industry employers now spend more per employee hour worked for defined contribution plans. […]

New IRS Rule Consolidates and Clarifies Guidance on Employer Play-or-pay Mandate

Employers trying to comply with health reform’s play-or-play mandate — and calculate their exposure to penalties — now have more insight based upon a new notice of proposed rulemaking and a new set of questions and answers from the IRS. Under reform, employers have to calculate full-time equivalent employees for one or more of the […]

Counter Offer Concerns—For Both Employee vs. Employer

The Employer’s Concerns There are a number of concerns that management has when contemplating counteroffers: The offer as a precedent. What will be the effect on corporate compensation and benefits and perks programs. Will the counteroffer throw all those programs into disarray? Lack of privacy—transparency. Privacy is generally not an option—the work will get out. […]

Pregnancy laws: Do you know the unlawful practices regarding pregnant employees?

New California regulations and pregnancy laws broaden the types of conditions of pregnancy for which workplace accommodations will be required – even if they don’t involve a pregnancy-related disability. With these new regulations on the table, it’s crucial for you to amend your internal policies and practices to ensure compliance with California law.

Ameriprise Suit Alleging 401(k) Fund Selection Favoritism Allowed to Advance

A recent U.S. district court decision is the latest ruling over plan fees and may give a legal foothold to participants seeking restitution for investment decisions they deem imprudent. Judge Susan Richard Nelson of the U.S. District Court for the District of Minnesota ruled against Ameriprise Financial Inc. in a case concerning allegations that the […]