Practical HR Tips, News & Advice. Updated Daily.
Preparing employer benefit plans’ annual filings to federal agencies can be detailed and time-consuming. A review of recent changes to the 2014 Form 5500 series indicates this process could become even more laborious for some plans, as the government seeks more data disclosure. The Form 5500 is used by multiple government agencies (the U.S. Department […]
On Jan. 26, U.S. Supreme Court handed a victory to employers struggling to get retiree health care costs under control. A unanimous ruling in M&G Polymers USA v. Tackett, No. 13-1010 (Sup.Ct., Jan. 26, 2015), vacated the 6th U.S. Circuit Court of Appeals decision in Tackett. In doing so, the High Court criticized 6th Circuit […]
Last Friday, we launched our annual HR Technology Survey, and thank you to all who have participated thus far! For those who have yet to respond, it’s not too late—we’re eager to hear your opinions on how technology and software are drastically changing the way things are done in HR.
Only a limited number of employees may benefit from federal legislation that retroactively extended parity between qualified parking and transit benefits, based on new IRS guidance. Notice 2015-2 instructs employers on applying a retroactive tax exclusion to commuters who used part of their 2014 salary to pay for mass transit commuting expenses or received a […]
In yesterday’s Advisor attorneys Deanna Brinkerhoff and Cathleen Yonahara offered 10 tips for successful telecommunicating; today, their take on the legal issues that challenge companies with telecommuters.
Would (or does) telecommuting work for you? Yahoo® and Best Buy® curbed it; meanwhile, Cisco® reported it improved retention and saved $277 million. In today’s Advisor, attorneys Deanna Brinkerhoff and Cathleen Yonahara offer ten practical tips for your telecommuting program.
Implants — spinal fusion; as well as hip, knee and shoulder replacements — have emerged as major price problems today. Costs are up and so is utilization, which explains the cost surge health plans are undergoing for these procedures, according to three attorneys from The Phia Group in Braintree, Mass., who spoke in a Jan. […]
Approximately 10,000 Baby Boomers will reach age 65 every single day until the year 2030, according to the Pew Research Center. Boomers in your organization may not be heading for the door anytime soon, but preparation will be key when this labor exodus begins.
Distributing abandoned small accounts in the 401(k) plans of participants who have left the company is a necessary evil for plan sponsors, to keep the plan focused on managing larger, active holdings and controlling costs. Despite the benefits for the plan that this form of housekeeping provides, results from these “forced transfers” may be less […]
Are technology and software drastically changing the way things are done in HR? Please help us learn what’s happening with HR tech in the real world—What are best practices? What are your competitors up to? Help us find out!