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By Susan Schoenfeld, JD In technology, innovation is the key to economic survival. So it is not surprising that, recently, two tech industry giants announced innovation in paid leave benefits for their employees as a means of attracting and retaining top talent.
By Susan Schoenfeld, JD In technology, innovation is the key to economic survival. So it is not surprising that, recently, two tech industry giants announced innovation in paid leave benefits for their employees as a means of attracting and retaining top talent.
U.S. Supreme Court Justices questioned parties in a case that could further clarify when an ERISA plan fiduciary can recover settlement funds that a plan participant or beneficiary once acquired in a personal injury action but no longer possesses. This case involving the scope of equitable relief under ERISA has significant implications for plans that […]
Most employers subject to the Family and Medical Leave Act (FMLA) regulations are well-versed in its main provisions, namely that it allows up to 12 weeks of leave for any of the following purposes:
Value-Based Insurance Design (VBID) generally refers to health insurers’ efforts to structure enrollee cost-sharing and other health plan design elements to encourage enrollees to utilize high-value clinical services – those that have the greatest potential to positively affect their health.
We have an employee that to date has withdrawn more from their FSA than they have contributed. They have now given their notice to end employment. Can we deduct the balance owed for the FSA off the last check to balance out the amount he has been paid but has not contributed.
Companies that have been spending a lot of money on expensive perks to attract and retain Millennials could be getting it all wrong, according to a new survey conducted by ORC International and online grocery delivery service Peapod.com. The answer could be as simple as more free snacks at work.
By Jennifer Carsen, JD Maybe you, like me, are old enough to remember David Letterman’s unfortunate opening bit at the 1995 Academy Awards—when he inexplicably went back and forth between Oprah Winfrey and Uma Thurman in the audience, saying “Uma…Oprah…Uma…Oprah…”
A hospital company accused of using participant funds to pay “excessive fees” for retirement plan administration services agreed to a $32 million class-action settlement and extensive adjustments in the way it selects and reviews the plan’s portfolio. As more participant suits are filed accusing defined contribution plans of overpaying for investment and administration services, it’s […]
Insurance is one of the most common employee benefits employers opt to use to entice top talent to their organization. One such example is life insurance. It’s often quite affordable to provide because employers can get group discounts that are unavailable to individuals acting alone. Therefore, it provides coverage for employees at a lower premium […]