Practical HR Tips, News & Advice. Updated Daily.
The U.S. Pension Benefit Guaranty Corp. (PBGC) on October 19 announced that its premiums for single-employer defined benefit (DB) retirement plans will increase to $80 in 2019, from $74 in 2018. This is the last of the scheduled annual flat per-participant increases in single-employer DB plan premiums brought about by the Bipartisan Budget Act (BBA) […]
The U.S. Department of Labor (DOL) on October 22 released its proposal easing restrictions on open multiple-employer plans (MEPs) to encourage more small businesses to offer defined contribution (DC) retirement plans to their employees.
Federal regulators have proposed allowing employers to sponsor health reimbursement arrangements (HRAs) for their employees to go purchase health coverage on the individual market—a practice that is currently prohibited under the Affordable Care Act (ACA).
The U.S. Department of Labor (DOL) is proposing a mechanism to help small businesses offer retirement plans to their employees, but although the proposal may ease the way for some employers, it doesn’t eliminate all complications.
When it comes to finding employees, location often crops up as a challenge for recruiters, talent executives, and hiring managers. Specifically, when it comes to sourcing top talent who may happen to live on the opposite side of the city, or in another state altogether. How big of an obstacle is it? And what effect […]
It’s no secret that information technology (IT) jobs are increasingly important and that qualified IT professionals are much sought after. After all, we live in an increasingly technological world.
If you thought the pay gap issue was limited to just gender, think again. A new study by beqom—a cloud-based compensation software provider—reveals that age, race, and gender can affect U.S. employees’ compensation.
2017 saw job satisfaction among U.S. employees fall. However, the American workforce might be out of its funk! According to new research, there is strong evidence that both workers and their employers have renewed feelings of workplace optimism and satisfaction. What’s driving these renewed feelings is also the key to attracting top talent: robust benefits.
What makes a best practice a best practice? Usually, the answer is a long period of trial and error, with time and experience revealing the most reliable method for addressing a particular challenge.
Benefits professionals are currently feeling pressure from all angles, required to keep a tight rein on costs, achieve consistent global governance and faultless administration, while demonstrating strategic value. Even though an organization’s investment in benefits is often substantial, usually second only to pay, the benefits function is often seen as secondary to the overall HR […]