More Employee Assistance Program Best Practices
Before the holiday, we began to explore some best practices concerning employee assistance programs (EAP’s). Today we have more best practices.
Tag: benefits
Parental Leave Policy Options
Does your organization offer parental leave beyond the Family and Medical Leave Act (FMLA)? Do you offer paid parental leave? Are your parental leave options available for both mothers and fathers?
Get the Most out of Inclusive Paternity Leave
There is only one developed nation without some sort of federally mandated paternity leave and it’s the United States. Even when paternity leave is available, it’s usually for only a few weeks and does not come with a full rate of pay or other benefits.
Minimum Wage Hike and Paid Leave Program Coming to Massachusetts
A new law will soon take effect in Massachusetts, where employees will be eligible for paid family and medical leave and will also see an increase in the minimum wage. Governor Charlie Baker signed the bill on June 28, which will require all private employers in the state to offer paid family and medical leave […]
Pros and Cons of Exit Interviews
Does your organization routinely conduct exit interviews with departing employees? Some employers swear this is a great way to garner knowledge about how to improve the organization and reduce future turnover. Others feel it’s unlikely to gain real insights because departing employees no longer have an incentive to help. Let’s take a look at some […]
Two Approaches to New Cash Balance Plan
Yesterday we took a look at Internal Revenue Service (IRS) guidance on how to change interest crediting rates in a cash balance (CB) plan. Today we’ll look at the two approaches that the IRS has discussed to address a change in the interest crediting rate.
Kindergarten Had All the Great Ideas, Including Naps
Many of you may recall reading Robert Fulghum’s All I Really Need to Know I Learned in Kindergarten. If you take a look at his list of rules, you’ll find it describes several policies you already follow and enforce in your workplace. “Don’t hit people” certainly describes your no-fighting policy. “Put things back where you […]
Cash Balance Plans Get More IRS Guidance on Interest Crediting Rates
The Internal Revenue Service (IRS) issued guidance recently on how to change interest crediting rates in a cash balance (CB) plan. The Issue Snapshot posted on the IRS website on May 31 analyzes some of the implications of amending a CB plan to actually or potentially decrease the interest crediting rate.
New LinkedIn Research Explores Company Culture
We’ve said it many times, and we’ll say it again: Company culture is a main staple in the recruiting process. In order to attract the talent you want, you have to make the talent want you, and one way to do this is to have a culture that candidates are searching for.
Plan Must Cover Room, Board for Residential Mental Health Treatment
Because a group health plan covered room and board expenses for stays at skilled nursing facilities, the Mental Health Parity and Addiction Equity Act (MHPAEA) required it to do so for residential mental health treatment facilities as well, a federal appeals court ruled in Danny P. v. Catholic Health Initiatives, No. 16-35609 (9th Cir., June […]