Do your employees often eat alone? If so, you may be missing an opportunity, according to an article on the Society For Human Resource Management’s website titled, “Breaking Bread At Work Boosts Bottom Line, Study Claims.” This goes beyond the simple question of whether there’s food in the break room. The article suggests that communal … Continued
Have you noticed a recurring theme that we wish we had more time? In our quest to squeeze more out of the day, we often push sleep aside and humorously tell our friends and coworkers, “I’ll sleep when I’m dead.”
California employers offer the most generous employee benefits through account-based plans.
Health reimbursement arrangements (HRAs), health savings accounts (HSAs) and health care flexible spending accounts (HFSAs) are generally referred to as account-based plans. That is because each participant has their own account, at least for bookkeeping purposes. Under the tax rules, amounts may be contributed to these accounts (with certain restrictions) and used for health care … Continued
In February 2016, the Department of Labor (DOL) issued proposed revisions to the Summary of Benefits template and related materials.
Do your employees often eat alone? If so, you may be missing an opportunity, according to an article on the SHRM website.
An employer that offers minimum essential coverage to substantially all of its full-time employees may still owe penalties if the coverage it offers is inadequate because it is not “affordable” or it does not provide “minimum value.” It also may owe penalties on the employees it does not offer coverage to who receive a premium … Continued
As competition heats up in the job market, companies are always searching for that one great perk that might sway a potential candidate to choose them over anyone else.
An Applicable Large Employer (ALE) that offers minimum essential coverage (MEC) to substantially all of its full-time employees may still owe penalties if the coverage it offers is inadequate because it is not “affordable” or it does not provide “minimum value.” Coverage is considered affordable if it costs less than 9.5 percent of the employee’s … Continued
This webinar will help employers understand what plan documents they need, what the documents should contain, and the implications of using a “wrap document” to wrap the ERISA plan document and SPD requirements into one document.
Two Radnor Corporate Center
Suite 110
Radnor, PA 19087
610-567-0175
800-527-3615
