Employer Strategies

Upfront information, auto features and tailoring communication and education specific to younger employees can help boost participation.

Commentary: Regardless of the federal minimum wage, companies must continue to comply with each state’s wage laws or face hefty fines and other penalties.

CVS Health Corp. will pay $1.9 billion to buy Target Corp.’s pharmacies and clinics, expanding its reach by adding stores bearing its name inside the U.S. retail chain.

Small-size employers with between 51 and 100 employees currently in large-business group health plans will have to transition to small-business group plans upon their renewal on or after Jan. 1, 2016.

Many employees are unaware of the causes of disability leave and about gaps in their coverage, and a DI advocate inside the firm can help educate individuals about these common misconceptions.

Commentary: As the boomer generation moves further into traditional retirement years, evolving employee expectations are altering the benefits landscape more significantly than at any other time in recent history.

While employers define the topic in different ways, most are focused solely on the physical.

The Obama administration on Thursday launched the “Healthy Self” campaign to better explain health care benefits to those newly insured, connect people to coverage, and encourage healthy lifestyles.

Applying the lens of behavioral economics to benefits choices helps employers understand why employees choose or don’t choose certain voluntary benefits.

Even when plan fiduciaries hire outside service providers to manage the 401(k) plan, they still maintain fiduciary responsibility for certain functions.