Workers’ Financial Woes
Living paycheck to paycheck to make ends meet is a way of life for a majority of U.S. workers. And minimum wage workers aren’t the only ones struggling financially.
Tag: benefits
The Impact of Rising Health Insurance Premiums on Recruiting
One of the benefits full-time employees take as a given is health insurance. But, as premiums continue to rise disproportionate to other costs, companies increasingly have difficulty covering the expense.
Managing Retirement Plans for Overseas Employees Becomes Global Concern
Employers that operate globally must often set up offshore locations and find employees to staff them. It follows that employers who sponsor retirement savings plans for their eligible U.S. employees likely will want a similar benefit for their employees outside the country. Many are taking steps to find the best way to make that happen, […]
Study: Retirement Plan Fees’ Decline Slowed in 2017
Retirement plan recordkeeping, trust, and custody fees—in a steep decline for years under pressure from sponsors, participants, federal regulations, and litigation—remained flat for the first time since 2010, according to a new survey.
HR’s Top HIPAA Compliance Misconceptions Dispelled
HIPAA has become synonymous with medical records privacy, for good reason. Enacted more than 20 years ago, it gives individuals the power to decide who has access to their health records and has forced major changes in the way health care providers, health plans and businesses handle records.
Magnetic Attraction
What does it take to become a talent magnet?
Barriers to Acquiring Tech Talent
Employers have long had difficulty acquiring information technology workers, as candidates are in demand, regardless of the job market. New research provides insight into IT hiring challenges and tips to help overcome them.
Laser Surgery Center to Pay $5 Million Following ERISA Violations
The U.S. Department of Labor (DOL) has reached an agreement with the owner of a Manhattan laser surgery center to pay $5 million to its Employee Stock Ownership Plan (ESOP) to resolve violations of the Employee Retirement Income Security Act of 1974 (ERISA).
DOL Offers Compliance Flexibility for Benefit Plans Affected by Harvey
The U.S. Department of Labor (DOL) will be flexible on certain deadlines that apply to group health and retirement plans in situations where the effects of Hurricane Harvey prevent full compliance, the agency announced August 30.
U.S. Employers Expect to Hold the Line on Pay Raises in 2018
A new survey conducted by Willis Towers Watson, a leading global advisory, broking, and solutions company, finds salary increases are expected to remain basically flat next year, at 3 percent.