Employer Strategies

Jobless claims declined by 15,000 to 234,000 in the week ended Jan. 14, a Labor Department report showed Thursday in Washington.

Looking to improve efficiency, industry is hopeful business-minded President-elect will quickly revise summary plan description standards.

Wellbeing, performance and development consultant Kristi Hoskinson asks clients to discover their biggest problem area and devote 100% attention to its improvement.

Legal activity in the year ahead could confront employers with class action lawsuits, a report by Seyfarth shows.

Employers need to make sure that new hires are filling out the revised form beginning Jan. 22.

Plan sponsors must watch out for tax law changes and rising interest rates, experts say.

79% of people supported raising the full retirement age to 68 from 67, according to a survey from the University of Maryland, which could reduce benefits even for those who wait until 70 to retire.

Such an adjustment will make it easier for all stakeholders to do business going forward, says SE2’s Mary Anne Durall.

Strategic recruiting, proper time management and strong ‘soft’ benefits help achieve overarching goals, says Aldor H. Delp.

The big question is whether any decisions upholding the DOL rule will be nullified by actions of the new Trump administration, says benefits lawyer Carol Buckmann.