Practical HR Tips, News & Advice. Updated Daily.
In response to health reform, some employers may stop offering health coverage and opt instead to pay a fine, give workers a raise and send them to state-run health insurance exchanges. Compensating for that , the individual mandate may drive about 4 million workers into employer plans, according to research from various sources compiled by […]
Four signs of bad turnover are: Your turnover rate is high compared to industry norms Your turnover rate is high compared those with whom you compete for employees A significant number of employees leave to work for competing employers You are losing many of your top performing employees. In these cases, begin to seek out […]
In spite of significant changes now in progress for the fee disclosures required from retirement fund service providers, a study of plan sponsors’ loyalty to these vendors shows increased satisfaction with them. The survey’s results may indicate that new fee transparency rules alone may not sway many plan sponsors to switch providers. The annual study […]
Lawmakers on Capitol Hill have put transit parity — that is, the equalization of mass transit and qualified parking benefits under tax Code Section 132 — back in play, after watching it fail earlier in the session. The legislation would extend a temporary parity provision that expired Dec. 31, 2011, for another two years. Sen. […]
A proposal to raise specific attachment points in a stop-loss model act to a level that proponents of self-funding say would restrict smaller firms’ ability to self-insure health benefits was delayed after an Aug. 11 debate hosted by the National Association of Insurance Commissioner’s ERISA working group. The working group cited the need to study […]
By Jane Meacham An appellate court sided with a plan administrator’s decision that a deceased plan participant’s stepsons are not entitled to his pension benefits, a ruling that may set the direction for similar plan interpretations under ERISA law. In the case, Herring v. Campbell , Case 11-40953 (Aug. 7, 2012), John Wayne Hunter, a retiree […]
Branches of the federal government have taken divergent actions affecting same-sex partners. A federal district court upheld a state law defining marriage as occurring between a man and a woman; meanwhile, the U.S. Office of Personnel Management has issued final and proposed regulations to expand federal employees’ benefits coverage to their same-sex partners and those […]
Health reform’s requirement that employers insure work forces will hit the retail and hospitality industries harder than others, because they are staffed with more low-wage and part-time workers, consulting firm Mercer LLC reported on Aug. 8. Forty-six percent of surveyed firms in the retail and hospitality sectors predicted health care cost increases of at least […]
To bring a discrimination claim, a trainee with a disability needs only show that she was qualified to participate in the job training; she doesn’t need to prove that she was qualified for prospective job, the 6th U.S. Circuit Court of appeals ruled Aug. 8. The case, Rosebrough v. Buckeye Valley High School, involved Tammy […]
Employers that own aircraft and find the tax treatment of their use complicated did not see much relief from final regulations IRS issued Aug. 1 in T.D. 9597. The final regulations on the operation of company aircraft leave intact many of the limitations to deductions contained in regulations it issued in 2007. In the end, […]