When evaluating employee benefits, essentials such as health and dental plans, vacation time and 401(k) contributions quickly come to mind. Another benefit employers should consider involves subsidizing learning as well as ambitions. Grants and reimbursements toward advanced degrees and continuing education can be a smart investment for both employers and employees. Educational benefits are strongly linked to worker satisfaction. A survey by the Society for Human…
As the first month of 2018 wraps up, companies have already begun the arduous task of submitting budgets and finding ways to cut costs for the new year. One of the most effective ways to combat increasing health care costs for companies is to move to a Self-Funded insurance plan. By paying for claims out-of-pocket instead of paying a premium to an insurance carrier, companies…
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…
COBRA is still going strong. And while the general rule of COBRA is not necessarily that difficult to understand, the time frames, notice requirements, intricacies, and the ways in which COBRA interacts with other laws presents employers with potentially extremely expensive outcomes.
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In today’s volatile healthcare climate, employers should consider purchasing broader strategic planning and benefits advisory services
Why many are looking at Roth 401(k) in-plan conversions.
IFEBP reports 69% of employers will definitely continue to offer employer-sponsored health care.
No matter the age, employees lack confidence in retirement savings
Don’t miss this opportunity to benchmark your plan against the 10 Best winners!