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.
In yesterday’s Advisor, Sonic Boom Wellness cofounder Bryan Van Noy provided the first three of his six reasons why cash is not as effective as a wellness incentive. Today, Van Noy provides his final three arguments against cash incentives, and provides a few alternatives for employers.
New Year’s resolutions are coming up, and they probably revolve around wellness goals for a lot of your employees. With that in mind, we present an article by Bryan Van Noy, cofounder of Sonic Boom Wellness, arguing that cash incentives should not be the cornerstone of your organization’s wellness program.
Systemic investigations, hiring scrutiny and pregnancy discrimination are among the trends at the U.S. Equal Employment Opportunity Commission that employers should be looking out for in the coming year, according to attorneys at Littler Mendelson PC. A report issued by Littler analyzes and examines key statistics from the EEOC’s Performance and Accountability Report for fiscal […]
If domestic partners are unmarried opposite sex but declared as a dependent on IRS tax return, is the cost of the health benefit considered taxable income to the employee? Can domestic partners use a joint HSA account?
Some shoppers heading to the malls on Black Friday for deals on electronics and toys encountered a surprising presence—representatives from the Department of Health and Human Services (HHS) ready to educate them about their health insurance options.
The period between Thanksgiving and New Year’s is full of joy and celebration. But from stress and germs to distraction and overindulgence, it’s also fraught with hazards that can leave your employees ill, injured, or dispirited.
The U.S. Government Accountability Office (GAO) recently released a report on the state of the states’ information technology (IT) projects supporting health insurance marketplaces. It appears that there’s still a ways to go before everything is fully up and running.
By Michael Jordan, MagnaCare Self-insurance has become an essential cost-control strategy for a number of large plan sponsors. Today, a growing number of small and midsize plan sponsors also recognize the opportunity to rein in staggering health coverage costs by switching from a fully funded plan to a self-insured plan.
Employers will have two more years in which to respond to an Affordable Care Act tax on high-cost health plans, which was due to take effect in 2018. On Dec. 18, President Obama signed an omnibus spending package that includes a two-year delay of the Cadillac tax and also reversed the tax’s non-deductible status. The […]
The first of what is expected to be a series of interest rate increases by the U.S. Federal Reserve on Dec. 16 should start to help defined benefit retirement plans recover from years of underfunding, Moody’s Investor Service said in a report Dec. 14. Pension funding levels for about 670 rated U.S. non-financial corporate pension […]