When should employees become eligible for health insurance? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
To save on premiums, we’ve been reconsidering when new employees become eligible for health insurance benefits. Currently, new hires can sign up after their first full month of employment. Management wants to change it so new hires only become eligible after completing their 90-day “introductory period.” We would still pay 65% of the total premium. Has anyone else made this kind of switch? What do you think of the 90-day waiting period? — Eva, PA
The IRS is in the middle of intensive line-by-line payroll audits to ensure that your withholding procedures are 100% correct. And it's not just the IRS. The U.S. Department of Labor has been on the prowl lately for employers that slip up on the confusing retirement contribution rules....Click here to find out more.