Employer Strategies

According to a new LIMRA report, “Voluntary Worksite Benefits: Penetration and Market Potential,” almost one-third of all employers are considering offering new voluntary benefits to replace existing benefits that are paid entirely or in part by the employer. This would potentially affect between 19 million and 45 million employees over the next two years, LIMRA estimates. Interest in voluntary is particularly high among large organizations (1,000 or more employees); half of these firms show interest in transitioning their existing benefits to voluntary.

A survey of CFOs in the U.S. and Europe found more willingness to hire in the final six months of the year in the U.S. than in Europe.

Communities known for paying the most on health care may not be spending as much as once thought, according to new data released on Wednesday.

The U.S. Department of Health and Human Services issued guidance on how a plan sponsor can demonstrate that it is not using reimbursements received under the Early Retiree Reinsurance Program as general revenue by maintaining the level of its contributions to the plan. Leeds & Schoner take you through the loops.

Facebook is on the move...literally. In relocating its headquarters campus, the company recently redesigned and retrofitted the former Sun Microsystems campus in Menlo Park, Calif., to LEED Gold standard while also integrating attributes of its own culture into the retrofit. New open office spaces reflect Facebook's ways: flexible, comfortable and social. The company greatly values its employees' comfort in and preferences for their work spaces. It sees its built environment as a prominent contributor to their productivity.

Fourteen years ago when Chuck Robbins started at Cisco, “you had a desk and you put your name outside the desk.” Now after more than a decade, the workstyle at the company has changed nearly beyond recognition, becoming incredibly accommodating to remote teams. And Robbins has thrived in this innovate environment, rising to the position of senior VP and running the organization’s sales team for the Americas.

More employers are slashing budgets, which often equals cutting benefits. No more 401(k) matching, a high-deductible health plan becomes the only option, and money gets tight and employees see it and feel it. Enter the group legal plan. It doesn’t cancel out employees’ sticker shock over an HDHP, but it does mean that at a relatively low cost, an employee can see an attorney at, say, $15.95 a month.

The U.S. IDI market saw a significant drop in premiums between 2008 and 2009, and while that drop continued between 2009 and 2010, it was far less severe, according to global consulting and actuarial firm Milliman Inc. Even with the premium drop, there is an underlying strength in claim experience and overall profitability, Milliman concludes in its annual IDI market survey.

Health care reform in Massachusetts hasn't lessened the pressure on providers that care for the poor, a new study shows.

1. The poor fit. Bibby Gignilliat, 51, chief executive of Parties that Cook in San Francisco, thought she had hired a winner but found her new employee’s customer-service skills far from polished. “She kept saying things were ‘awesome’ and ‘totally cool’ and she would use ‘like’ every other word, even after repeated coaching, making a bad impression on customers," Gignilliat says