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More employers are investing in “total well-being” programs that address areas such as financial and emotional health, according to the 7th annual survey on corporate health and well-being from Fidelity Investments Benefits Consulting and the National Business Group on Health (NBGH). The survey revealed employers are adding programs that help their workers manage stress, improve […]
While the discussions continue about healthcare reform, most agree that its primary goal—affordable health care for every American—is a noble one. Even as the law was written, and certainly as implementation has progressed, the reality that emerged was anything but simple. For many, “bogged down” doesn’t even begin to describe the processes and the outcomes.
The Children’s Place Inc. (CPI) may be a fun spot for kids, but it’s apparently a lousy place to be an employee covered under the company health plan.
By Greg Autuori, manager, Benefits Consulting, at Namely You made it. Somehow, some way, you found a way to make sure your company was compliant with the first year of IRC 6055/6056 reporting regulations and associated distribution of Forms 1094/1095. This was a monumental task, and over the past year, there’s a good chance you’ve […]
Want to attract and retain top talent? Who doesn’t these days? According to some, your benefits package is the key to getting great talent in the door, but how can you compete with the Googles and the Apples? Try offering some unique and exotic work perks!
By Chris Ceplenski, BLR Managing Editor, News A number of the sessions at WorldatWork’s 2016 Total Rewards Conference touched on—and sometimes focused significantly on—the importance of effective communication with employees regarding their benefits.
By Jane Meacham, retirement plans editor The U.S. Supreme Court’s recent decision in Spokeo Inc. v. Robins, 13-1339, U.S. (May 16, 2016), which encourages Employee Retirement Income Security Act (ERISA) plaintiffs to allege a “concrete” injury, is viewed by many in the ERISA legal community as likely to reshape litigation against employer-sponsored retirement plans.
By Jennifer Carsen, JD, Senior Legal Editor In a new guidance dated April 14, 2016, the IRS states that an employer may not exclude from an employee’s gross income payments of cash rewards for participating in a wellness program.
As healthcare costs continue to rise, financial pressure does, too. Your employees are feeling it, especially if you’ve had to shift an increasing share of healthcare costs to them. Higher copays and coinsurance may help control premiums, but they do nothing to rein in employee out-of-pocket costs. To the contrary, in fact.
The Pension Benefit Guaranty Corporation (PBGC) recently released a study of revenues needed for PBGC to continue to protect participants in multiemployer plans that are likely to run out of money—and the news isn’t good.