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Dealing with depression and work restrictions for an employee can be complex. Oftentimes the first piece of information an employer receives about an employee’s medical condition, especially for depression or other mental illnesses, is a note from the doctor that outlines some type of restriction, such as “James must be off of work this week […]
Local governments and municipalities face many of the same wage and hour challenges as other employers, but they must deal with unique issues that could subject them to litigation if they aren’t fully up-to-speed on their compliance obligations. One tricky issue involves the proper classification of all workers — whether they fall under one of […]
Furthermore, Morris adds, your wellness program may get way more important under the Affordable Care Act. Morris, who specializes in benefits, is a member of the firm Epstein Becker Green in its Washington, D.C., office. Wellness Is Popular, But Hard to Define A recent survey found that 70.3 percent of 539 employer respondents reported offering […]
Only 33% of those who answered the question, however, automatically enroll employees, though 2.5% plan to implement auto-enrollment in the future. Other survey highlights: Most common match amount is up to 6% of salary (25% of respondents). Nearly half (48%) of employers offer more than 15 investment options. 26% plan to add a defined contribution […]
Almost half (49%) of Human Resources professionals expect that a higher education level will be required for most jobs within that time frame, according to a survey by the Society for Human Resource Management (SHRM) and Achieve. And 46% said that most jobs today already require a higher education level than a decade ago. Manufacturing […]
by Tammy Binford When Yahoo! Inc. CEO Marissa Mayer decided her company would be better off if home-based workers relocated to the office, she gave a lot of people a lot to talk about. And telecommuters, HR professionals, executives, and bloggers sounded off in a big way. The furor started with a memo in February […]
Recently, BLR conducted a survey of 1,261 HR professionals to find out about the retirement benefits their organizations offer employees. Most respondents (86%) say they offer either a 401(k) or 403(b) retirement savings plan to employees. Employee contributions While a high number of employers represented in the BLR survey offer retirement benefits, only 33% automatically […]
A surprising 86% of employers offer either a 401(k) or 403(b) retirement savings plan to employees, according to the 1261 respondents to our recent survey of retirement benefit practices. Only 33% of those who answered the question, however, automatically enroll employees, though 2.5% plan to implement auto-enrollment in the future. Other survey highlights: Most common […]
Employer-sponsored plans that are secondary to Medicare are not subject to health reform’s expensive transitional reinsurance fee, nor are health flexible spending arrangements, health savings accounts and most health reimbursement arrangements. On March 11, 2013, the U.S. Department of Health and Human Services published its final regulation on the transitional reinsurance fee, which takes effect […]
Three monthly measures of defined benefit pension plans’ funded status slipped or remained flat in February after a strong start to 2013, due mostly to weakening interest rates. The Milliman 100 Pension Funding Index, which monitors funding for the U.S.’s largest corporate DB plans, posted a decrease in funded status for the month to 81.5 […]