Practical HR Tips, News & Advice. Updated Daily.
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.
The U.S. Department of Labor (DOL) released the second set of frequently asked questions (FAQs) for retirement plan professionals on the agency’s complex new fiduciary rule just days before the end of the Obama administration in an effort to answer plan practitioners’ questions about how the rule draws lines between fiduciary and nonfiduciary communications, education, and advice.
Designing competitive benefit packages that help you attract and retain top talent can be daunting. While health and well-being benefits may only represent a small portion of your overall compensation plan, they can drive a disproportionate share of your budget. Could the introduction of genetic testing as a covered benefit allow you to better manage your healthcare spend? With the promise of continued increases in your healthcare premiums, perhaps now is the time to seriously consider using genetic testing in order to offer more personalized benefits.
The effect of the recent 21st Century Cures Act on health reimbursement arrangements (HRAs) was clarified by the U.S. Department of Labor (DOL) in a new round of frequently asked questions (FAQs).
Navigating the latest tax reporting changes and avoiding filing errors is not always straightforward and can present unique challenges to small and midsized businesses.
On December 16, the Centers for Medicare & Medicaid Services (CMS) issued the Notice of Benefit and Payment Parameters final rule and the final Annual Letter to Issuers for 2018. The primary focus of the notice—risk stabilization—complements recent announcements that are meant to improve the risk pool, including actions to address third-party payments of premiums and improve program integrity for […]
Healthcare coverage has been a hot button issue for employers since President Obama signed the Affordable Care Act (ACA) into law in 2010. With President-elect Donald Trump taking office, there has been much speculation over whether or not the ACA will be repealed. Only time will tell if the ACA survives a Trump presidency, but […]
Throughout 2016, newspapers and magazines documented Americans beset by financial concerns. “Evidently, Americans are having a difficult time with their finances. Whatever its cause, their financial insecurity and growing awareness of just how great their insecurity is—inability to cover even a $400 emergency—has created a level of financial stress that is impacting all areas of […]
The U.S. Department of Labor has announced a final rule requiring that plans, plan fiduciaries, and insurance providers comply with additional procedural protections when dealing with disability benefit claimants.
On January 4, U.S. Representative Mike Kelly (R-PA) introduced H.R. 173, the Middle Class Health Benefits Tax Repeal Act of 2017. The bill seeks to repeal the so-called “Cadillac Tax” provision within the Affordable Care Act (ACA). The provision, which is currently slated to go into effect January 1, 2020, would impose a 40% excise […]
Question: Can salary history/previous salary on an on-line application be asked as a question?