As published by Employee Benefits News on July 20, 2020. Paid time off is one of the most desirable benefits, and often the most negotiated benefit for applicants. Whether the time is allocated in buckets of vacation, sick, and personal leave or lumped together under a single policy, a 2019 WorldatWork PTO study found that [Read More]
Terminated workers are given more time to elect COBRA coverage and pay premiums In response to the COVID-19 pandemic, the U.S. Department of Labor (DOL) released a new final rule that temporarily extends the period in which eligible employees can elect COBRA health insurance coverage and the deadline for them to begin making COBRA premium [Read More]
On March 27, 2020, Congress passed H. R. 748, (CARES Act), and President Trump signed it, making it a new law. Called to be the “single-biggest economic relief package in American history,” the CARES Act amends the Internal Revenue Code (IRC) and is created to provide economic relief and stimulus to workers, families, and businesses [Read More]
With many businesses being faced with mandatory State orders to temporarily close or scale back their services in an ability to minimize the spread of the Coronavirus (COVID-19), workers are being displaced. Turning to the unemployment lines, employees are questioning their employers about their potential eligibility for Unemployment Insurance (UI) benefits. While the determination of [Read More]
“2020 is just another year of chaos,” BAN’s Executive Director, Perry Braun said at the 2020 Workplace Benefits Renaissance conference. “If you want to be in the employee benefits space and advise employees, you should be packaging technology within the benefits framework.” Read the full article from Employee Benefits News here.
With the spread of the Coronavirus (COVID-19) across the globe and 100+ confirmed cases with an unfortunate 6 deaths in the United States, employers who haven’t already developed an Infectious and Communicable Disease policy in response to diseases such as the flu should be developing a policy and responsiveness plan. An effective preparedness plan would [Read More]
Much is in the news today surrounding employee activism and it has employers wondering “do our policies open the door for employees to turn our volunteer program into an act of activism?” Employer-based volunteering to help the disadvantaged – whether it be people, animals, or the environment – has been in the fabric of our [Read More]
Reproduced with permission from Benefits Magazine, Volume 57, No. 1, January 202, pages 40-45, published by the International Foundation of Employee Benefit Plans. Employers have a duty to provide a safe workplace for employees. The author discusses preventive measures employers can take to reduce the risk of workplace violence and create a psychologically healthy work [Read More]
Published by SHRM on January 2, 2020, with input from Perry Braun As a new decade begins, employee-compensation specialists shared their expectations. Below are five trends that pay-watchers predict will gain ground in 2020 and beyond. No. 1: States will continue to set their own compensation mandates. On minimum wage and overtime requirements, “more states [Read More]
White-Collar Exemption and Overtime Reporting that 1.3 million workers will now become eligible for overtime pay, the Department of Labor (DOL) has released its final rule to update the exemption requirements of the Executive, Administrative and Professional Employee (EAP) as well as Highly Compensation Executive (HCE) classifications. After overcoming many hurdles, injunction enjoined and invalidation, [Read More]