Infographic on 2012 Holiday Pay Practices
The infographic also links to answers on frequently asked questions (FAQs) regarding holiday pay as well as a sample paid holiday policy, and provides information on planned paid holidays for 2013.
Tag: benefits
Value-based Purchasing Spearheads Health and Wellness Management
When a self-insured health plan adopts value-based purchasing and insurance design, its goal is to persuade workers to adopt a healthy lifestyle and go to the best performing providers. That’s how plan savings occur, by catching cases before they become acute care cases that harm a self-insured health plan. Self-insured health plans that want to […]
Investment Fee Disclosures Leave Most Participants Unmoved
A “snapshot” survey conducted in October found the start of disclosure of fees from retirement plan service providers spurred little change in the behavior of either plan participants or sponsors. A total of 176 defined contribution plan sponsors responded to the Plan Sponsor Council of America’s survey, launched a few weeks after sponsors began disclosing […]
October Corporate Pension Funding Levels Slip but Stay Above Record Low
Funding gains by U.S. corporate pension plans in September were erased in October, according to data Mercer Investment Consulting Inc. released Nov. 5. Mercer reports that the aggregate deficit in pension plans S&P 1500 companies sponsored increased by $26 billion during the latest month, to $619 billion. This deficit corresponds to an aggregate funded ratio […]
Michigan Firm Wins Reprieve From Contraceptive Mandate
In other legal action over health reform’s inclusion of reproductive services as mandated benefits, one company blocked the government from forcing it to include contraception coverage in its health plan coverage. The injunction in Legatus v. Sebelius, 2012 WL 5359630 (E.D. Mich., Oct. 31, 2012) was at the request of Weingartz Supply, a for-profit outdoor […]
Feds Won’t Block Liberty U.’s Challenge to Reform Law
Religious objections to the health reform law are continuing in the courts, with the reemergence of a constitutional challenge to the reform law (the second such challenge that might reach the U.S. Supreme Court). Gov’t Drops Opposition In this brief, the Obama administration told the U.S. Supreme Court it will not try to block Liberty […]
Pregnant Employees? What the FMLA Requires
The PDA applies regardless of how long an employee has worked for you. The Family and Medical Leave Act (FMLA), however, has stricter eligibility requirements but also offer more potential benefits. For example, the FMLA applies to new fathers as well as mothers. To be eligible for FMLA leave, an employee must have worked for […]
Are California employers legally obligated to have a PTO policy?
Are California employers required to implement a paid time off (PTO) policy? It may seem so, since paid-time-off banks (as opposed to sick leave banks) are becoming increasingly popular. It may be surprising to learn that California law doesn’t actually require employers to provide PTO, vacation, sick time (with limited exceptions), or even paid holidays.
Pregnancy Discrimination—What to Expect When Your Employee Is Expecting
“All pregnant employees should stop work 30 days before their due dates.” “Pregnant women should stay out 6 weeks after the birth.” “I’m not hiring a pregnant applicant—she’ll just go on leave the day I get her trained.” “Pregnant women shouldn’t be working after the baby comes.” These ideas are out there, but they’re all […]
Wal-Mart Steers Workers to Selected Providers for Big-ticket Medical Procedures
Wal-Mart, the nation’s largest private employer, is getting in on the concept of “Centers of excellence,” a method of steering referrals to providers who perform more efficiently in a bid to bend the health cost curve. With the generous coverage, the company creates good press and may counter its reputation as being skimpy on workers’ benefits. […]