Practical HR Tips, News & Advice. Updated Daily.
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.
The retirement plan you sponsor comes along with some serious responsibilities. Among those is the duty to understand and evaluate fees paid on behalf of the plan. You may use benchmarking data to determine whether those fees are reasonable.
Employment is now a part of the retirement experience in the United States, and many newly retired Baby Boomers who are in a position to continue working are doing so for reasons beyond money, says a recent study.
State Street Global Advisors (SSGA) and Benz Communications have released an easy-to-implement framework that companies of all sizes can use to develop successful workplace financial wellness programs.
Bipartisan legislation known as the Protecting Affordable Coverage for Employees Act (PACE Act) has just passed in Congress—good news for employers with 51 to 100 employees.
As you probably know by now, it’s not enough under the Affordable Care Act (ACA) for employer-sponsored health plans to merely provide health coverage to employees—that coverage also has to be affordable and provide minimum value.
Plans may not impose cost-sharing on out-of-network services unless in-network providers are available and the plan member goes out of network in spite of that, federal agencies noted in FAQs on the ACA Part XXIX. But if network provider directories fail to list providers as offering the service in question, then plan members do not […]
If you knew of a benefit that half of your workforce wants, and which they say would boost their productivity, would you embrace it? The results of a new survey show that telecommuting is the benefit half of workers want so much that some are willing to take a pay cut to get it. However, […]
The U.S. Department of Labor on Oct. 21 reversed 2008 guidance that discouraged retirement plan fiduciaries and their investment advisers from considering environmental, social and governance (ESG) factors when choosing companies for their portfolios. The reversal, made through a new interpretive bulletin that reinstates 1994 guidance, recognizes a growing consensus that fiduciary duty may in […]
To achieve wellness program goals, employers should make healthier choices easier to access, and target populations that have chronic conditions. Encouragement from trusted leaders is seen as improving buy-in by sick population segments, and unions could in some ways be more effective than employers in achieving results, said a panel of experts at an Oct. […]