Employer Strategies

Culture week concludes with a wrap-up of tips and suggestions from leading industry experts about what it takes to build a better workplace culture and the benefits that come with doing so.

President Obama this week asked the Department of Labor to propose a set of rules by the end of the year that would provide a clear path forward for states to create retirement savings programs.

As they struggle to become financially stable, state-based health insurance marketplaces are lagging behind the federally-facilitated marketplace and are likely to continue to do so in the near future.

The ACA added new employer reporting requirements under Internal Revenue Code Sections 6055 and 6056, applying to employers that sponsor self-insured plans that provide minimum essential coverage regardless of size, and applicable larger employers.

The Internal Revenue Service and the Treasury Department have thrown a wrench into the pension de-risking plans of many corporations with new regulations aiming to eliminate the lump-sum payout option for retirees who already are receiving retirement benefits from their defined benefit plans.

With 24 Republican senators up for reelection in November 2016, not to mention the presidential election, there is so much set to change for both public and private exchanges.

The Department of Labor issued fresh guidance on how businesses should distinguish between employees and independent contractors, noting misclassification of employees has been on the rise throughout the U.S.

As the Supreme Court’s recent ruling in favor of gay marriage in Obergefell v. Hodges changed the landscape of employee benefits across the country, the question of how the court’s decision would affect domestic partner coverage moved center stage.

About 6.6 million U.S. taxpayers paid a penalty imposed for the first time this year for not having health insurance, about 10% more than the Obama administration had estimated – though a portion didn’t need to.

As the baby boom generation approaches retirement, employers will need to ask themselves what role a highly experienced, part-time workforce can play in their organization.