Category: Benefits and Compensation

This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.

What Is an Employee Benefits Broker?

When you hear the word “broker,” what comes to mind? Insurance? Real estate? Brokers are typically people who have access to several options (in whatever their specialty is) and can help you narrow down your choices. Employee benefits brokers are exactly that: people who have access to (and information about) various employee benefit options who […]

vacation

Welcome to the No Vacation Nation

According to a recent report by Kimble Applications, quite a few employees in the United States did not take all of their allotted vacation time. Today we are joined by Kimble Application’s Mark Robinson to discuss the findings. Finally, scroll down to check out an infographic with the results.

Plan Sponsors Must Now Analyze 401(k) Plan Administration (Part 1)

When the Tax Cuts and Jobs Act (TCJA) was signed into law December 22, 2017, several proposed changes to the federal tax code that would have affected tax-qualified retirement plans were dropped. However, some of those changes were brought back as part of the Bipartisan Budget Act of 2018 enacted in early February of this […]

cost

It’s Time for Employers to Rethink the 9-5

Imagine you had two extra hours today to spend however you pleased. What would you do with that time? Play with your kids? Work out at the gym? Sleep? For many of the nurses in a recent Swedish study, the answer was all of the above. The 23-month experiment followed 68 nurses who were divided […]

wellness

4 Ways to Pay for a Financial Wellness Program

More and more companies are adding workplace financial wellness programs – and for good reason. Employees who aren’t worrying about financial problems on the job tend to be more focused, productive workers. A new survey says 83% of employers now offer financial wellness programs (up 20% from two years ago), and 14% plan on offering […]

retirement

New DOL Guidance Sounds Cautionary Tone on ESG Considerations for Retirement Plans

The Department of Labor (DOL)’s latest pronouncement on factoring in environmental, social, and governance (ESG) elements when making retirement plan investments was interpreted by many in the industry as another in a series of presidential administration swings on the extent to which plan fiduciaries can consider collateral benefits beyond investment returns.