Individuals in California who buy health insurance through Covered California will see an average increase of 13.2 percent added to their premiums in 2017. While this number reflects the average increase in premiums throughout the state as a whole, some counties in California will see premiums increase on average as much as 28.6 percent.
The competition for great employees is stiff these days, so if you aren’t offering employees the benefits they want, you are going to have trouble attracting and retaining the top talent you need to succeed.
With the development of communication technologies, it is now possible for employees to work remotely from various locations. Employers are increasingly adopting this hiring model since it gives them an opportunity to hire talent outside their local areas.
Recently, we have seen a large increase in the number of conversations we are having with our customers about implementing paid maternity leave polices. We’d like to help you think about what you should consider if you are contemplating offering a paid leave benefit.
In the past, the use of independent contractors was a logical way for small and midsize businesses to reduce labor-related costs and risks in an effort to grow their business. However, the line between who is truly an independent contractor and who is an employee, as defined by the Fair Labor Standards Act (FLSA), has been somewhat murky.
In a previous post, I wrote about how California is in the process of raising the state-wide minimum wage to $15 an hour by January 1, 2021. However, many California jurisdictions are raising their own minimum wages even sooner.
Employees leaving your company may give various reasons for resigning. While they may really need to take a job closer to where they live, decide to stay home with their children or want to change career paths entirely, these are often not the only reasons employees leave.
One provision of the Affordable Care Act (ACA) is Employer Shared Responsibility, also known as “pay or play” penalties. Under this provision, if an applicable large employer (ALE) does not offer affordable health coverage providing minimum benefits to full-time employees and their dependents, the employer could be subject to a penalty. This penalty helps to offset the cost of the premium tax credit or any subsidies that employees who have coverage through the health insurance marketplace may have received.
While many factors contribute to an employee’s satisfaction in the workplace, more and more companies are recognizing the importance of workplace design when it comes to keeping staff smiling.
Familiarizing yourself with the processes and culture of your new company can be all-consuming in those first few weeks of employment. One of the most important things you’ll do, almost right away, is elect your medical benefits. Here are some tips to save you time and set you on the right path when choosing your medical plan.