Regulation

The DOL's Wage and Hour Division recently announced a new nationwide pilot program called the Payroll Audit Independent Determination (PAID) program.

As more states, cities and municipalities adopt policies, benefits managers should stay abreast of regulatory obligations, keep employees updated and consider using tech to help manage plans.

The bill aims to help workers think in terms of lifetime income — as opposed to accumulated balances — by requiring benefit statements to include income estimates at least once a year.

Spurred by tax reform savings and a tight labor market, AutoNation, Chipotle, Lowe’s and Hostess are among the companies that have enhanced perks.

A general misunderstanding is that in the Affordable Care Act era, anyone can purchase an individual health policy at any time on a guaranteed issue basis.

Employees may expect a lower tax liability because of the new rates under the new tax law, especially those who were in the 25% bracket under the old law.

Benefits experts believe that even if the regulations get killed entirely, best interest standards will live on.

From harassment lawsuits to regulation compliance, cutting edge companies are overlooking policies critical to empowering and enhancing their workforce and company ethos.

Benefits experts believe that even if the regulations get killed entirely, best interest standards will live on.

Most employers, having more experience with private lawsuits than agency lawsuits, have the mindset that once a check is written and a settlement agreement is signed, the case is over.