Employee Benefits Program
A strong employee benefits program – including low-cost employee incentives, employee recognition programs, and employee appreciation programs – can help you improve morale and retention.
We provide employee appreciation day ideas, help you with employee retention strategies and employee benefits management
The owner of Ohio-based Irvin Administrative Solutions faces up to 10 years in prison plus fines and restitution for embezzling more than $1 million from 12 different retirement plans located in seven states. The company served as a third-party administrator for employee retirement plans covered under ERISA.
It doesn’t hurt that accounting firm Grant Thornton offers flexible work schedules, commuter spending accounts, dependent care and an employee assistance program. But execs there attribute the organization’s culture of long-term retention to what they consider a family-like environment at their branch offices.
While some politicians continue to call for the repeal of the Affordable Care Act health care reform law, employers (and HR pros) must proceed as if that won't happen, says a noted health policy expert. Will companies take advantage of a relative lull in reform implementation to plan ahead? Or will they decide to scrap health benefits, banking on reform to insure their employees?
If your employee handbook has been gathering dust, now’s the time to update it. Start by doing a quick audit. Spend a half-hour today ensuring your handbook meets these six criteria.
As the economy strengthens, many productive employees who feel overworked and undercompensated will seek jobs elsewhere. Don’t give your stars an excuse to jump ship. Keep them satisfied by implementing new benefits and reinstating those that you cut during the recession.
If your company ever acquires another company that has multiemployer pension or health benefit plan obligations through a union, beware. You could wind up being responsible for any delinquent contributions or underfunded benefit liabilities of the seller.
You know the saying: One bad apple can spoil the whole bunch. If you’re a manager, you may occasionally encounter a bad apple. So what does a leader do to stop “problem” employees from spreading their negative influence?
In late 2010, the EEOC published GINA regulations that provide employers with specific guidance concerning what information they may gather about their employees, how GINA interacts with the FMLA medical certification process and how any genetic information the employer obtains is to be treated.
A North Carolina-based novelty manufacturer has lowered its employees’ health insurance premiums by 10%. The average savings for each employee: $1,000 a year. The company attributes the lower premiums to a three-year-old wellness initiative.
The labor relations tug-of-war in Wisconsin—pitting state government against unionized public employees—could go either way. It might sound the death knell of organized labor. Or it could spur renewed organizing by labor unions in all employment sectors. If your workers suddenly expressed an interest in union representation, would you know how to react?
Illinois’ new civil-union law—which gives new rights to same-sex and opposite-sex couples—goes into effect on June 1. It says couples united in civil unions are “entitled to the same legal obligations, responsibilities, protections and benefits as are afforded or recognized by the law of Illinois to spouses….”
Workers whose employers give them good cause to leave a job are still entitled to unemployment compensation benefits.
An employee who knows his job requires him to maintain a valid driver’s license is not eligible for unemployment compensation if he is fired because he loses his license.
After a discrimination complaint has been found to be without merit, most reasonable employees accept their employer’s conclusions and go back to doing their jobs. But some become bitter, suspecting that HR and management are out to get them and interpreting every subsequent interaction as evidence of a hostile conspiracy. When this happens, the worst thing you can do is play into the fear.
Like people, some workplaces welcome huggers. Others prefer a smartly extended right hand. "To hug or not to hug" is the question ... and here's the answer.
The average tenure of an SC Johnson employee is 14 years, a longevity marker the organization attributes to its employee benefits. Employees are offered child care, telecommuting, compressed workweeks, job sharing and fitness facilities.
Smaller organizations often have little or no budget to train their management teams. But no budget doesn’t have to mean no training. Here is a list of some of the best free online training for managers and HR professionals offered by colleges and reputable organizations ...
The challenges facing HR pros who specialize in talent, compensation and benefits are dramatically different today than they were just a year ago. At Deloitte Consulting, we call it “the talent paradox”—the apparent contradiction that occurs when unemployment is still relatively high, yet companies still are seeing significant shortages in critical talent areas.
On the crucial question of whether a worker is an employee or an independent contractor, you had better answer correctly. Otherwise, expect scrutiny from the IRS, which monitors worker status to make sure Uncle Sam collects all taxes due. The IRS looks at three broad categories of information to decide whether someone is an employee or a contractor.
Paid time off (PTO) plans have shot up in popularity in recent years and now are nearly the majority type of employee leave program at U.S. organizations. Use the following data from the recent Paid Time Off Programs and Practices survey by WorldatWork to benchmark your organization’s PTO practices.