Archive for HR Elements News’ Category

Flex Work: Advantages in the New Workforce | Houston Benefit Advisors
Apr

19

2017

Flex Work: Advantages in the New Workforce | Houston Benefit Advisors

Flex Work.   No doubt you’ve heard this term (or some variation) floating around the last decade or so, but what exactly does it mean? Flexible work can vary by definition depending on who you ask, but one thing is for sure, it’s here to stay and changing the way we view the workforce. According to a recent study by Randstad, employer commitment to increase the…

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Strategic Benefits Communication: How Do You Measure Success? | Houston Benefit Advisors
Mar

1

2017

Strategic Benefits Communication: How Do You Measure Success? | Houston Benefit Advisors

Last fall I had the pleasure of hosting a UBA WisdomWorkplace webinar called “Success in Voluntary through Strategic Benefits Communication.” I discussed recent Sun Life survey data regarding employee engagement and understanding of the value of voluntary benefits. In the world of voluntary insurance carriers, success in voluntary benefits can be measured in various ways. A key metric is employee participation. For carriers, this is…

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DOL Increases Penalty Amounts to Adjust for Inflation
Jan

24

2017

DOL Increases Penalty Amounts to Adjust for Inflation

For the second time in less than a year the Department of Labor (DOL) has increased the civil monetary penalties assessed or enforced by the DOL. The increases were announced in a final rule issued by the DOL on January 18, 2017. The increases were made pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, which requires federal agencies to annually…

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Department of Labor Form 5500’s Time-Intensive and Expensive Reporting Requirements Painful for Small Employers
Jan

20

2017

Department of Labor Form 5500’s Time-Intensive and Expensive Reporting Requirements Painful for Small Employers

Proposed regulations for revising and greatly expanding the Department of Labor (DOL) Form 5500 reporting are set to take effect in 2019. Currently, the non-retirement plan reporting is limited to those employers that have more than 100 employees enrolled on their benefit plans, or those in a self-funded trust. The filings must be completed on the DOL EFAST2 system within 210 days following the end…

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Written 2017 With Fireworks In The Night Sky
Jan

18

2017

2017: What HR Can Do to Prepare for a Big Year of Change

Employers saw unprecedented changes to human resources management in 2016, including Affordable Care Act (ACA) compliance, new Fair Labor Standards Act (FLSA) regulations, parental leave laws and a push for equal pay. With a new year and a new president taking office, 2017 is sure to usher in some major changes and HR challenges that could have significant impact on businesses large and small. Here…

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Making Sense of Form 1095 Minimum Essential Coverage Reporting
Jan

13

2017

Making Sense of Form 1095 Minimum Essential Coverage Reporting

In a few weeks, a second season of shared responsibility reporting will begin. For some of you, last year’s inaugural year of reporting may have felt eerily similar to Lewis Carroll’s famous book. You know the one. It included a little girl falling down a dark hole, a rabbit frantically checking his watch and a lot of other crazy characters. Now that you have the…

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How Paid Parental Leave is Changing the Benefits Landscape
Jan

12

2017

How Paid Parental Leave is Changing the Benefits Landscape

When you hear the term “paid parental leave”, what do you think of? Here in the U.S., paid leave benefits are somewhat of a luxury. Although the Family and Medical Leave Act (FMLA) has made it possible for parents working at companies with 50 or more employees to secure 12 weeks of unpaid leave, the U.S. is one of only three countries on a list…

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Federal Employment Law Update – January 2017
Jan

7

2017

Federal Employment Law Update – January 2017

FAQs About Affordable Care Act Implementation Part 35 On December 20, 2016, the Employee Benefits Security Administration (EBSA) issued frequently asked questions (FAQs) addressing special enrollment for group health plans, coverage of preventive services under the Affordable Care Act (ACA), and qualified small employer health reimbursement arrangements. The FAQs were prepared jointly by the Department of Labor (DOL), the Department of Health and Human Services…

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Wellness Wearables: Novelty or an Impact to the Health Care Industry?
Jan

3

2017

Wellness Wearables: Novelty or an Impact to the Health Care Industry?

It’s no secret in the wellness industry today that wellness wearables are in high demand as one of the most employer-offered program incentives. Wearables are not only being distributed at a large quantity by medical carriers, they are also being utilized by employers as an incentive to drive employee engagement on wellness platforms, challenges, and programs. Is this increase in wearable distribution a fad, or…

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