Employee benefits

Millennials and baby boomers fret over how they will pay for their golden years and are eager for answers from employers.

Factors such as a desire to maintain control and cost concerns have PBEs slow to gain traction, according to the Pacific Business Group on Health.

It’s a common misunderstanding that CI only covers this disease, says The Standard’s Danielle Lehman, but the products have evolved.

Plan sponsors need to be especially focused on not only the expenses they pay, but also how they pay them, says columnist John Ludwig.

Employer anxiety about offering you a 401(k) plan is rising rapidly, and for potentially good  and expensive  reasons. Class-action lawyers are targeting a wider variety of alleged breaches of fiduciary duty in retirement offerings and suing a broader range of entities, including college and university 403(b) plans.

Morgan Stanley and its board were accused of mismanaging the firm’s 401(k) retirement plan and costing its employees hundreds of millions of dollars by picking inappropriate and costly investments, some of which were managed for the firm’s own profit.

A deal between Humana and eMindful will add mindfulness programs to the insurer’s suite of wellness offerings available to employers.

Physical symptoms hold top priority for employers, but emotional health could be the cause of more absenteeism and lost productivity.

Employers are still reluctant to offer insurance-backed products, says Willis Towers Watson consultant Bill Dewalt.

With the new, increased salary requirements set to take effect later this year for exempt employees, many employers are asking how they might reduce their overtime obligations. One possible approach is the fluctuating workweek method of compensation.

Let’s consider the impact of the approaching moratorium, the ways employers can use it to their financial advantage and what might happen when it ends in 2018.

Lawsuits have been filed against eight private universities sponsoring defined contribution code Section 403(b) and 401(a) retirement plans

One way is to open a health savings account as it offers tax-free withdrawals that people can use to cover a portion of their insurance premiums.

Last week, yet another slew of private retirement plan managers became the target of class-action lawsuits. This time it was a bunch of universities: Yale University, NYU, MIT, and other schools have been sued for failing to properly oversee their employees’ retirement plans.

The company’s new retirement program, Spark 401k, aims to boost small business participation and ease challenges those employers face in offering workers DC plans.

One way is to open a health savings account as it offers tax-free withdrawals that people can use to cover a portion of their insurance premiums.

The number of plan sponsors concerned about fiduciary matters jumps 14%, a Fidelity Investments study shows.

Söoryen Technologies offers 401(k) plan, unlimited vacation policy as part of its employee package.

Health systems do not want to lose money for better health outcomes, say consultants Brian Klepper and Fred Goldstein.

The best programs tap our inner school kid by being fun and social. Here are examples of cool companies doing wellness successfully.