Benefits Think

Companies need to determine whether closing the office for the storm means having to pay employees who stay home and being on the hook for unemployment compensation, and whether workers’ compensation applies to weather-related injuries.

Employee brand ambassadors bring people together to drive a strong and consistent corporate environment at Hodges-Mace.

A lack of widespread auto-portability in the present U.S. retirement system is causing many plan sponsors to pay plan cash-outs to terminated employees.

A recent case involving Macy’s program could have employers facing legal action from federal regulators.

A lack of widespread auto-portability in the present U.S. retirement system is causing many plan sponsors to pay plan cash-outs to terminated employees.

Most brokers are not used to talking about money because they are not worth what they are being paid, says Lake Norman Benefits’ David Contorno.

A combination of a third party administrator and a robust internal plan administration can increase plan flexibility and make it easier to catch errors and excessive billing in claims.

Employers should personalize benefits communications to make them relevant and offer a wide variety of perks that will help workers protect their income.

Actionable analytics stemming from the democratization of big data are enabling employers, brokers and consultants to improve the performance of their plans like never before.

When reviewing medical and pharmacy contracts, employers should look out for language including medical coverage contact, network integration and rebates.