Practical HR Tips, News & Advice. Updated Daily.
In yesterday’s Advisor, we revealed some of the results of our HR Technology Survey. Today, we present more findings from this timely study, including how new innovations in software are affecting costs and how far HR professionals are really trusting tech when they make decisions.
Why Provide Disability Insurance for Employees? Of all the benefits employers routinely provide for employees, disability insurance remains one of the least-discussed options. This is startling, considering the fact that there are millions of Americans who are currently disabled and unable to earn income from employment.
Many leaders believe they must have all the answers—that it’s their responsibility to have the answer to every question and the solution to every problem. In my estimation, it’s more important to ask the right questions than it is to always have the answer.
Yesterday, Laraine McKinnon, defined contribution director at investment management company BlackRock, provided some insights on legacy 401(k) plans that may have fallen out of date. Today, her thoughts on forecasting outcomes by groups.
Like an old house that was cutting-edge when it was built but hopelessly archaic today, your 401(k) may have fallen behind the times. Is this true of yours? And, if so, what can you do about it?
In yesterday’s Advisor, we shared 10 ways that your employees can recognize and deal with workplace stress; today, consultant Bridget Miller presents the basics of Employee Assistance Programs (EAPs), and how they can benefit both employees and the business as a whole.
The renewed decline of funded status for defined benefit retirement plans this year has not led the largest U.S. DB plan sponsors to contribute from their coffers to compensate, a phenomenon that one investment advisory firm attributes to temporary interest rate stabilization. Until this year, corporate contributions to DB plans typically correlated with the plans’ […]
Plans and insurers must cover all 18 contraception methods approved by the U.S. Food and Drug Administration, according to a new set of questions and answers on the Affordable Care Act’s preventive care coverage requirements. “Reasonable medical management” still may be used to steer members to specific products within those methods of contraception. A plan […]
What is COBRA? COBRA stands for the Consolidated Omnibus Budget Reconciliation Act, which was implemented as an amendment to ERISA (the Employee Retirement Income Security Act of 1974). In most circumstances, COBRA entitles workers and other covered individuals to the option of continuing to receive their employer-sponsored group health insurance coverage for a limited time […]
Performance management is not only important for identifying your high potential employees, but it also has a great impact on your compensation programs and documentation practices. What’s happening with performance management in the real world? What are your competitors up to? Help us find out!