Janice Scherwitz
Janice Scherwitz is a Senior Analyst, Benefits Compliance at TriNet
14 Articles
Industry Insights
What you Need to Know About Employer Contributions to Employee Medicare
In today’s environment employees are choosing to delay retirement. According to Matthew Rutledge of Boston College’s Center for Retirement Research, employees are retiring three years later than they did in 1980’s.
March 17, 2021 ・6 mins read
Benefits
How to Choose Your Benefits Wisely During Open Enrollment (and Why You Should)
Because our healthcare needs and the needs of our families change over time, our benefits needs may change as well. Open enrollment is an opportunity to review the changes that have taken place in your life, anticipate changes to come and adjust your benefits plan accordingly. Here are some questions to ask yourself when choosing your medical insurance during your employer’s next open enrollment period.
January 24, 2019 ・4 mins read
HR News
Mental Health Parity: What Employers Need to Know
Mental health parity describes the equal treatment of mental health conditions and substance use disorders in insurance plans. It is important for business owners to be aware of laws around mental health parity to avoid contracting with an insurance carrier whose plan design does not meet the standard. True mental health parity may be a work in progress but as an employer, you can take steps to minimize the impact of mental health issues in the work environment.
January 24, 2019 ・4 mins read
HR News
Why Now Might be a Good Time to Consider a High-Deductible Health Plan
With healthcare reform currently in flux, many business owners may find themselves trying to grapple with the best way to continue providing their employees with competitive benefits. While TriNet can help individual businesses design a benefits strategy that works for their industry, location and size, now may also be a good time for businesses across the country to take a closer look at high-deductible health plans (HDHPs).
January 24, 2019 ・4 mins read
Benefits
Benefits 101: How to Help Your Employees Help Themselves When Selecting Benefits Options
Employers who struggle to communicate their benefits options to their employees may see those same employees failing to select the best options for themselves and their families. These employees won’t appreciate the value of your benefits offering because they may not be getting the benefits they need. Of course, satisfaction with employee benefits, which are a crucial component of your compensation package, can go a long way to overall employee satisfaction, which is key to attracting employees to your company and retaining the ones you have. Here are some tips for communicating more effectively with your employees about their benefits.
January 24, 2019 ・4 mins read
Benefits
Do You Owe an ACA Penalty? Here's How to Tell
The U.S. Department of Health and Human Services has already started sending subsidy notices to employers’ mailboxes. Now is a good time to ask yourself some simple questions to determine whether your company owes a penalty.
January 24, 2019 ・3 mins read
Benefits
ACA Fines Are on the Way. Here’s How You Can Prepare for Reporting Season
The IRS has released details regarding how penalties for noncompliance with the employer shared responsibility provisions of the Affordable Care Act (ACA) will be communicated. Although no penalties have been assessed to date, the fact that the IRS has now formalized this process is a tell-tale sign that penalty collection is on the way.
December 5, 2017 ・4 mins read
Benefits
Voluntary Benefits: A Winning Strategy for Employers and Employees
As benefits products become more standardized, employers are looking for ways to make themselves stand out from the pack in order to compete for top talent. Voluntary benefits are a great way to help accomplish this goal.
November 15, 2017 ・4 mins read
Benefits
Considerations for Choosing the Right PTO Policy for Your Business
While large companies seem to have an advantage in terms of flexibility and resources when it comes to offering their employees paid time off (PTO), small and mid-size companies also have an opportunity to create a PTO policy that helps them stand out as the employer-of-choice.
February 28, 2017 ・4 mins read
Benefits
New Law Will Allow Small Employers to Sponsor Health Reimbursement Arrangements
A new law, that was signed by President Obama on Dec.13, 2016, will impact employee health benefits offered by small employers. If you are a qualified small employer, you can now sponsor health reimbursement arrangements which until now were only available to applicable large employers.
January 3, 2017 ・4 mins read
HR News
Here is What the U.S. and Papua New Guinea Have in Common
According to a report from the International Labour Organization, the U.S. and Papua New Guinea are the only countries in the world that don’t guarantee paid leave or cash benefits for new mothers. Look at what resources you have to go beyond what is required to really create a leave package that attracts family-oriented employees.
November 21, 2016 ・3 mins read
Benefits
What SMBs Should Think About When Creating and Managing an Employee Benefits Program
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.
August 2, 2016 ・3 mins read
Benefits
Check Your Mailbox: ACA Subsidy Notices Are Coming Soon!
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.
July 15, 2016 ・5 mins read
Benefits
What the Orlando Nightclub Shooting Can Teach Managers About Helping Employees Through Tragedy
On June 12, a devastating event occurred inside Pulse nightclub in Orlando, Florida when a gunman opened fire, killing 49 people and wounding many more. While those far and wide have been personally affected by this tragedy in some way or another, you may think this incident does not directly affect your business. However, this isn’t necessarily the case.
June 22, 2016 ・4 mins read
