Q&A: How to Help Laid-Off Employees and Your Organization
When employees leave amicably, offering them a benefit to help them find a new job could have a great return on investment (ROI).
Tag: benefits
Lululemon Expands Full Paid Parental Leave
Having children is a momentous occasion for anyone and often means big changes in one’s personal life. But for those of us in the working world, our personal lives are often inexorably intertwined with our work lives.
How Unbundling Pharmacy Program Set Fort Collins Up for Bigger Benefit Wins
To bundle healthcare benefits or to unbundle? That was an issue that the city of Fort Collins had not yet grappled with by 2016, though it had the flexibility, with a self-funded program, to go either way. By choosing “unbundled” for its pharmacy benefits, the city saved a bundle—more than $1 million a year in […]
Attract Working Fathers with Paternity Benefits
In the war for talent, every strategy must be utilized to stand out among your competition. However, you must also know what jobseekers want in order to attract and retain them. In honor of Father’s Day, we’re looking at new Indeed data, which reveals what working fathers want from their employers, and what this demographic […]
Yea, Right! Gen Z College Grads Expect to Earn How Much Money?
Salary negotiations are pretty common among employers and jobseekers. According to a recent Recruiting Daily Advisor survey, over 73% of respondents say they’re open to negotiating a salary, depending on the position and over 17% say they’re open to negotiating a salary for every position. But how about negotiating a salary that’s $10,000 over the […]
Do Jobseekers Want Financial Wellness Benefits?
Student loan debt, rising healthcare costs, and stagnant wages are constantly making headlines in the news, so it should come as no surprise that 80% of employees are stressed about their finances, according to a new Ceridian survey. Should employers be offering financial wellness benefits to help ease these burdens and attract top talent?
PBGC to Require More Detail in Reportable Events Filings, Introduce New Coverage Determination Form
The Pension Benefit Guaranty Corp. (PBGC) will be changing its reportable events filings to include controlled-group information, company financial statements, and defined benefit (DB) plans’ actuarial valuation reports, adding more detail to five plan or employer events already reportable to the agency that rescues failed pensions.
How to Know When Your Defined Benefit Plan Is Ready to Prepare for Termination
Employer-sponsored private-sector defined benefit (DB) plans have been on the decline for many years as U.S. employers have shifted to defined contribution (DC) retirement plans. Just 17% of private-sector employees had only a DB plan or both a DB and DC plan as of March 2018, according to the Bureau of Labor Statistics (BLS). Meanwhile, […]
Plan Self-Correction Opportunities Improved in New IRS EPCRS Procedure
Practitioners and plan administrators are celebrating the arrival of several helpful revisions in a newly updated Internal Revenue Service (IRS) Employee Plans Compliance Resolution System (EPCRS) Revenue Procedure 2019-19.
Positive Returns on Financial Wellness Rely on Employee Behavioral Change
Managing a multigenerational workforce is no easy feat for today’s Human Resources (HR) departments. While Boomers set sail into retirement, bright-eyed Millennials crop up in their place, bringing with them wildly different experiences and expectations that challenge the meaning of “workplace benefits” as HR currently knows it to be.