Benefit management

The tech giant increased the company’s 401(k) match program, matching 50% of employee deferrals up to $9,000 per year.

As the economy continues to recover, employers are looking at ways such as lump sum payments and career development opportunities to retain top performers.

It’s no secret that new trends are continuing to shape the industry, while new technologies are changing how benefits professionals do their job.

Though tech can be helpful to enrollment and day-to-day administration, experts and consultants in the field are still needed.

As the Department of Labor’s new regulation takes effect, employers need to prepare.

Hot new offerings such as wedding payments and professional development opportunities are helping employers like JPMorgan Chase to attract and retain top talent.

Consultant Zack Pace says benefits professionals need to use the duck test to eliminate health plan penalty risks.

In a 2015 Executive Order, President Obama directed the DOL to issue regulations requiring federal contractors to provide paid sick leave to their employees. The DOL issued a final rule on Sept. 29.

Industry experts say workers should invest in both HSAs and 401(k) plans to retire comfortably.

Employers are planning to increase their investments, and budgets are significant, according to the 2016 Employee Benefit News Tech Survey.