Benefits - page 9
Benefits
The Most Amazing Employee Benefit You're Probably Not Using
Modern employees want to work for employers who care for their well-being. An employee assistance program (EAP) is a great employee benefit for giving employees and their family members who are struggling with stress, substance abuse, relationship problems, grief and a host of other personal issues an around-the-clock, confidential resource to get the help they need.
April 25, 2018 ・3 mins read
Benefits
Confused About Your Retirement Benefits Fees? Allow Us to Explain…
There are costs associated with the investment management and plan administration within a 401(k) plan that are generally passed back to the participants to pay. However, far too often, these participants have no idea they are paying these administrative costs. My goal in this post is to inform you about the costs you may unknowingly be paying and to educate you on the process.
August 24, 2017 ・4 mins read
Benefits
5 Myths Around 401(k) Plans, Debunked
While the benefits of offering a 401(k) are obvious, the substantial amount of misconceptions could steer employers away from offering a 401(k) plan to themselves and their employees, as well as stall their ability to save for retirement. Read on as we debunk five myths making the rounds.
July 20, 2017 ・4 mins read
Benefits
Employers, Here is Why Your Benefits Plan Needs a Dependent Eligibility Audit
Employers who offer benefits plans are consistently searching for ways to reduce the costs they incur for providing benefits. One of the best ways to reduce cost is to conduct a dependent eligibility audit. A dependent eligibility audit allows employers to validate that dependents covered under their health and welfare plans are eligible.
May 16, 2017 ・3 mins read
Benefits
Workers' Compensation and Your Business: What You Need to Know
Workers’ compensation is a type of insurance, purchased by an employer, to cover a portion of lost wages and related medical expenses arising from work-related accidents. This insurance also provides some security for employers by providing benefits regardless of who is at fault.
April 12, 2017 ・4 mins read
Benefits
The Benefits of Offering Telemedicine to Your Employees
Advancements in technology -- including video chat apps -- have made the delivery of remote healthcare or “telemedicine” more convenient than ever. Now you can receive care without being in the same room as your healthcare professional. This is why telemedicine options have become one of the most recent innovations to help contain the cost of providing healthcare services.
February 23, 2017 ・3 mins read
Benefits
What is the standard 401(k) employer contribution?
There is no standard 401(k) employer contribution as companies can decide for themselves how much they will add to an employee's plan.
January 23, 2017 ・3 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
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
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
5 Things All Employers Must Know About the Americans with Disabilities Act
The Americans with Disabilities Act (ADA) lays the foundation for the responsibilities of employers with 15 or more employees with respect to disabled applicants and employees. Failure to comply with the ADA can result in the loss of valuable employees and damaged morale, and may come with a hefty price tag.
September 19, 2017 ・7 mins read
Benefits
3 Things to Do When an Employee Returns from Parental Leave
Here are three things that you, as an employer, should be thinking about doing (even if not legally required) to ensure a successful return to work when an employee is ready to return from maternity or paternity leave.
June 1, 2017 ・7 mins read
Benefits
Beware of This FLSA Pitfall: Off-the-Clock Work
If employers aren’t compensating employees for off-the-clock work, they could be guilty of violating the Federal Labor Standards Act (FLSA) and subject to costly liabilities. However, the challenge is accurately accounting for and determining if certain activities are off-the-clock.
May 9, 2017 ・6 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
Everything You Need to Know About Employee Leave
Keeping track of all types of employee leave of absence, as well as knowing what is required of you, can be a daunting task. Check out the must-know info.
February 17, 2017 ・9 mins read
Benefits
Overtime Rule Delay -- What Actions Should You Take?
As you may have heard, a federal court issued an order blocking the new Fair Labor Standards Act overtime rule from taking effect on December 1, 2016. Many businesses had already made plans to implement changes based on the anticipated effective date, but now that the rule has been delayed, perhaps indefinitely, they are wondering what to do next.
January 12, 2017 ・4 mins read
Benefits
SMBs in the Healthcare Industry: There is a New Affordable Care Act Requirement for Your Business
Companies that are primarily engaged in providing or administering health care services or coverage have one more Affordable Care Act (ACA) notice requirement to worry about. Effective October 16, 2016, healthcare companies must post a notice stating that they do not engage in discrimination that is prohibited by ACA Section 1557.
November 15, 2016 ・4 mins read
Benefits
Beyond Maternity Leave: Rethinking Your Paid Leave Policy
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.
July 25, 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
Benefits
The Most Amazing Employee Benefit You're Probably Not Using
Modern employees want to work for employers who care for their well-being. An employee assistance program (EAP) is a great employee benefit for giving employees and their family members who are struggling with stress, substance abuse, relationship problems, grief and a host of other personal issues an around-the-clock, confidential resource to get the help they need.
April 25, 2018 ・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
5 Things All Employers Must Know About the Americans with Disabilities Act
The Americans with Disabilities Act (ADA) lays the foundation for the responsibilities of employers with 15 or more employees with respect to disabled applicants and employees. Failure to comply with the ADA can result in the loss of valuable employees and damaged morale, and may come with a hefty price tag.
September 19, 2017 ・7 mins read
Benefits
Confused About Your Retirement Benefits Fees? Allow Us to Explain…
There are costs associated with the investment management and plan administration within a 401(k) plan that are generally passed back to the participants to pay. However, far too often, these participants have no idea they are paying these administrative costs. My goal in this post is to inform you about the costs you may unknowingly be paying and to educate you on the process.
August 24, 2017 ・4 mins read
Benefits
5 Myths Around 401(k) Plans, Debunked
While the benefits of offering a 401(k) are obvious, the substantial amount of misconceptions could steer employers away from offering a 401(k) plan to themselves and their employees, as well as stall their ability to save for retirement. Read on as we debunk five myths making the rounds.
July 20, 2017 ・4 mins read
Benefits
3 Things to Do When an Employee Returns from Parental Leave
Here are three things that you, as an employer, should be thinking about doing (even if not legally required) to ensure a successful return to work when an employee is ready to return from maternity or paternity leave.
June 1, 2017 ・7 mins read
Benefits
Employers, Here is Why Your Benefits Plan Needs a Dependent Eligibility Audit
Employers who offer benefits plans are consistently searching for ways to reduce the costs they incur for providing benefits. One of the best ways to reduce cost is to conduct a dependent eligibility audit. A dependent eligibility audit allows employers to validate that dependents covered under their health and welfare plans are eligible.
May 16, 2017 ・3 mins read
Benefits
Beware of This FLSA Pitfall: Off-the-Clock Work
If employers aren’t compensating employees for off-the-clock work, they could be guilty of violating the Federal Labor Standards Act (FLSA) and subject to costly liabilities. However, the challenge is accurately accounting for and determining if certain activities are off-the-clock.
May 9, 2017 ・6 mins read
Benefits
Workers' Compensation and Your Business: What You Need to Know
Workers’ compensation is a type of insurance, purchased by an employer, to cover a portion of lost wages and related medical expenses arising from work-related accidents. This insurance also provides some security for employers by providing benefits regardless of who is at fault.
April 12, 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
The Benefits of Offering Telemedicine to Your Employees
Advancements in technology -- including video chat apps -- have made the delivery of remote healthcare or “telemedicine” more convenient than ever. Now you can receive care without being in the same room as your healthcare professional. This is why telemedicine options have become one of the most recent innovations to help contain the cost of providing healthcare services.
February 23, 2017 ・3 mins read
Benefits
Everything You Need to Know About Employee Leave
Keeping track of all types of employee leave of absence, as well as knowing what is required of you, can be a daunting task. Check out the must-know info.
February 17, 2017 ・9 mins read
Benefits
What is the standard 401(k) employer contribution?
There is no standard 401(k) employer contribution as companies can decide for themselves how much they will add to an employee's plan.
January 23, 2017 ・3 mins read
Benefits
Overtime Rule Delay -- What Actions Should You Take?
As you may have heard, a federal court issued an order blocking the new Fair Labor Standards Act overtime rule from taking effect on December 1, 2016. Many businesses had already made plans to implement changes based on the anticipated effective date, but now that the rule has been delayed, perhaps indefinitely, they are wondering what to do next.
January 12, 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
Benefits
SMBs in the Healthcare Industry: There is a New Affordable Care Act Requirement for Your Business
Companies that are primarily engaged in providing or administering health care services or coverage have one more Affordable Care Act (ACA) notice requirement to worry about. Effective October 16, 2016, healthcare companies must post a notice stating that they do not engage in discrimination that is prohibited by ACA Section 1557.
November 15, 2016 ・4 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
Beyond Maternity Leave: Rethinking Your Paid Leave Policy
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.
July 25, 2016 ・5 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
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