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Walmart on Wednesday announced its plan to increase its minimum wages for all full-time and part-time associates this February under the second phase of the companys two-year, $2.7 billion investment in employees.
From the IRS extending Affordable Care Act reporting deadlines to a delay of the Cadillac tax, 2016 is gearing up to be another active year for government regulations impacting employee benefits. Here are 10 regulatory issues that benefits professionals and employers should be aware of in 2016, according to Paychex, Inc., a benefits, HR and payroll provider.
Commentary: As youve no doubt noticed, the federal government made sweeping legislative and regulatory changes to the Affordable Care Act during the fourth quarter of 2015. Heres what you need to know.
How dangerous are the cyber hackers targeting the U.S. healthcare industry? Several major hacks were announced in 2015 with some having started in 2014. Hundreds of millions of people were targeted, with the single largest attack victimizing 78.8 million individuals.
With companies such as Netflix, Adobe, Nestlé and others making headlines for increasing their paid parental leave benefits, now is a good time for employers to take a closer look at their own policies and consider changes that can help them compete for the best talent, says Willis Towers Watsons Mary Tavarozzi.
Commentary: Congratulations on making it through one of the most legally and administratively challenging years in employee benefits history. But, as you know, employee benefits never sleep. Here is the 2016 ABCs of employee benefits what Contributing Editor Ed Bray calls the annual just tell me what I need to do list.
HR technology providers are increasingly designing applications with an employee-first mindset, to enable workers to learn and develop, collaborate, share feedback, steer their careers and even manage other people more effectively. Josh Bersin, founder and principal of Bersin by Deloitte, shares 10 trends that reflect a major shift from a decade ago, when vendors designed HR systems primarily to streamline HR administration and help redesign HR processes. Today, digital technologies are transforming nearly every aspect of HR, from sourcing and recruiting to talent and performance management.
Beginning this October, the SEC will allow money market funds to impose redemption fees, or temporarily halt redemptions, when the funds fall below certain liquidity thresholds, which could spur greater plan sponsor interest in stable-value funds.
A new report from Aon Hewitt points to rising health costs and an increased prevalence of chronic conditions including high blood pressure, obesity and high cholesterol as a global phenomena.
Are retirement plan education efforts paying off? Participant deferral rates in defined contribution plans are the highest in years and loan usage the lowest, according to the latest research from the Plan Sponsor Council of America.
Everything from wellness programs to President Obamas State of the Union address to the difference between ACA compliance and HSA compatibility made headlines this week. Heres what EBA readers had to say.
More than a year after the NLRB's momentous Purple Communications, Inc. decision, determining that employers must allow off-duty employees to use the company email system to engage in activities like union organizing, we reflect on the continued haze and lack of clarity in this critical area.
As part of its ReTIRE initiative, the SEC will continue to examine the reasonable basis for recommendations made to investors, conflicts of interest, supervision and compliance controls and marketing and disclosure practices.
Commentary: When it comes to leave policies, the name of the game is retaining engaged and productive employees, says Willis Towers Watson's Mary Tavarozzi.
Commentary: While many employees see the start to 2016 as the prime time to implement a wellness regimen, inevitable challenges especially in the workplace can quickly quash that fervor.
As plan sponsors become more aware of their fiduciary responsibilities, advisers and investment managers who offer to help them manage some of that responsibility have become more popular.
Commentary: The Presidents speech was short on new policy changes but instead focused on current Administration efforts that have begun but are not yet finished.
Commentary: Measuring the value of an employers investment in an onsite clinic is hard, but not impossible. Analyses should focus on three primary areas, say Verisk Healths Sam Stearns and Jon Edwards.
President Barack Obama talked retirement benefits during his final State of the Union, but failed to mention the controversial Cadillac tax.
Employees are in the dark about their health information. And wellness programs are partly to blame, says HealthMine CEO Bryce Williams.
