Employer Strategies

In 2012, the U.S. life and annuity insurance industry will be challenged to find ways to manage both capital and risk in an economically and politically uncertain year, while continuing to lay the groundwork for future growth, according to Ernst & Young's new Global Insurance Center U.S. Outlook report.

A new ADP survey shows a wide gap between the goals and reality of how employees understand their benefit plans. Eighty percent of human resources decision-makers believe it's important for employees to fully understand their benefit options, yet they estimate only about 60% of their own employees do – a finding with serious implications for how companies communicate one of the most important parts of their employees' total compensation.

Workers in the U.K. and Poland have the most generous statutory employee holiday entitlements while employees in the U.S., Canada, Philippines, China and Thailand have the least generous entitlements, according to an overview of employee regulation and employment practices released by Mercer.

Americans' trademark optimism is intact, at least in regard to retirement, despite the economic turbulence that is reportedly forcing many people to work longer and make do with less. In fact, many retirees found only one downside.

Companies are shaking up their 401(k) retirement plans, trimming lists of mutual fund offerings and shaving the fees workers pay as they prepare for new federal rules that will put more plan information in front of employees.

Not only are older American workers (age 50 and over) expecting to work longer, but many now say they expect to never retire, according to the nonpartisan Employee Benefit Research Institute. Data suggest the trend may be tied to the recent economic recession.

Companies planning to spend thousands of dollars for staff Christmas parties, even with open bars, shouldn't bother because most U.S. employees would prefer money.

Many companies have restructured their executive pay-for-performance programs to prepare for the first “say on pay" vote in the 2011 proxy season. Experts from consulting firm PricewaterhouseCoopers detail concrete preparations and advice for companies to reform their executive compensation practices in anticipation of what promises to be an even tougher shareholder vote in 2012.

While employers have increasingly adopted CDHPs as a lower cost option, employees have been slower to embrace them. A recent study reveals one stat likely to increase participation, writes BeAdvised contributor Doug Mantz.

Employers who pay out severance to their employees run certain risks that need to be considered beforehand. Some employers have learned the hard way that severance agreements aren't always the best course of action. Last year, the University of Oregon received bad press when it was discovered that former head coach Mike Bellotti received a substantial payout upon his departure. …