Tax-free scholarships to employees or their kids provided through employer-related 501(c)(3) private foundations aren’t new. Additionally, they aren’t limited to...
Technically, 401(k) plans are profit-sharing plans, not retirement plans. But they morphed into retirement plans long ago, so they’re pretty important to employees....
Instead of relying solely on market data or inflation indexes to determine wage increases, businesses should prioritize adequately funding compensation budgets and...
Lost in all the attention paid to the effect of the Supreme Court’s Dobbs v. Jackson Women’s Health Organization on group health plans is the equally important issue...
Sometimes it is necessary for employees to pay for business-related expenses with their own money, particularly if your business does not offer company credit cards....
When open enrollment season is upon us, many human resource departments across the country scurry to prepare. Teams that want to reduce the stress this time of year...
This is not a post about politics. You can figure that out by yourself. This is a post about the options employers have in the wake of the Supreme Court’s June 24...
The prevalence of depression and anxiety in adults has skyrocketed since the start of the covid-19 pandemic, according to the most recent study by Mental Health America....
The best way now to think about military leave under the Uniformed Services Employment and Reemployment Rights Act is this: If you provide paid leave for almost any...
The competitive edge: Employee benefits and talent acquisition
Offering an attractive employee benefits package helps lure top talent and encourages the retention of...
Retirement security, or insecurity, has caught the eye of Labor Secretary Marty Walsh. He’s right. Fewer employees are covered by traditionally defined benefit plans....
Imagine your grandfather back in the day looking for a job. He might have expected a potential employer’s HR department to offer him healthcare insurance or perhaps a...
Figuring that defined-contribution plans such as 401(k)s weren’t nearly secure as they should be after the passage of the Setting Every Community Up for Retirement...
Setting up a 401(k) for employees can be a daunting task for small business owners. It is one of the most highly regulated employee benefits. However, it’s also one of...
The new year often brings a new budget, new goals, and in some states a new minimum wage. That means it’s a great time to start thinking about pay raises.
Pay raises...
FSAs allow employees to use pre-tax dollars for eligible healthcare or dependent care expenses, enhancing employee benefits. However, accurate documentation is crucial...
Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Employers are constantly looking for ways...
Employees are quitting jobs at an alarming rate. Some pundits are calling this the Great Resignation. Since we can’t think of anything cleverer, we’ll stick with it....
You can blame the pandemic — employees are more attuned to health benefits, which means more employees may switch health plans or go into a health plan for the first...
