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U.S. small business hiring slowed considerably in the April and employees saw a reduction in their hours, an independent survey showed on Monday, adding to signs of weakening in labor market conditions.
"Start at the divorce and work your way backwards." At our firm, that is what we always advise our employer-clients when they consider entering into a contract with a new vendor. In business, terminating a relationship can have serious ramifications, especially if close attention isn't paid to contractual obligations or a vendor decides to be less than professional.
Now that I'm a more seasoned editor, I truly appreciate the infusion of energy, enthusiasm and fearlessness that new professionals bring to EBN.
This article is the first in EBN's annual Open Enrollment Boot Camp series, designed to strengthen benefits practitioners with different strategies to employ during this year's enrollment season. This installment focuses on the critical topic of engaging employees in retirement plan participation.
While no work environment is perfect, managers that fuel a negative atmosphere risk damaging employee morale and productivity, increasing voluntary turnover and even encouraging lawsuits. Leaders at Allison & Taylor Reference Checking offer this list of donts for managers to serve as a reminder to stay positive and compliant with worksite regulations. (Images: Thinkstock)
According to one study, students whose parents pay their entire college bill are the ones most likely to be partying rather than studying.
As a HR/benefits professional, do you ever feel like youve got the worst job in the world? If so, youre wrong, according to CareerCast, which lists human resources manager at No. 3 among its 2012 Best Jobs rankings.
A statement from the American Heart Association says based on review of more than 500 journal articles and studies, theres no proof that gum disease leads to heart disease or stroke or that preventive dental care can reduce the risk of heart attack or stroke.
Benefits managers working 10 years ago may remember two politicians who crossed the aisle to create retirement plan design policy that featured both Republican and Democrat ideology: Rob Portman (R-Ohio) and Ben Cardin (D-Md.). The duo trumpeted features such as auto-enrollment and the Comprehensive Retirement Security and Pension Reform Act, signed into law under the Economic Growth Tax Relief and Reconciliation Act in 2001, which set higher contribution limits, simplified discrimination tests, a tax credit for low-income savers and incentives for small-business retirement programs. Portman and Cardin have joined forces yet again to set policy designed to meet todays retirement challenges.
There is always much noise and excitement about starting an employee wellness program, but the room goes silent when talk turns to return on investment. Its well past time for ROI vagueness to stop being tolerated. A wellness program without clear goals and methods for measurement is meaningless.
Recently, Benz Communications announced the launch of its Inside Benefits Communication Survey, the first survey of benefits and HR managers created specifically to learn how companies are strategizing and implementing benefits communication. Respondents to the 10-minute survey will get inside knowledge of what effective companies are doing, where they need help and what their plans are. Learn how to participate.
Despite recent tax reform proposals, experts testified at a House committee hearing Tuesday that cutting incentives for retirement plans would be detrimental to savings.
Its Earth Week! And regardless of your position on the reality and/or cause of climate change, this week is one set apart for being kinder and gentler to Mother Earth. Some companies best known for making green are taking bigger strides to go green or, in the case of Kaiser Permanente, go greener.
"The Wizard of Oz" is my favorite movie. I especially love the end, when the Wizard offers gifts to the Scarecrow, Tin Man and Lion because for one, who doesn't love presents? And two, you realize all he presented them with were physical symbols of traits they had inside themselves all along.
There's no denying that target-date funds are easy to understand and wildly popular with 401(k) plan participants, especially among new and inexperienced investors. But their performance has fallen considerably short in a still-fragile economy, as leading fund managers have pursued misguided strategies.
Talk of annuities within 401(k) plans is becoming more common, but employers remain reluctant to move full steam ahead despite new guidance from the Internal Revenue Service and Department of Treasury issued in February.
In a recent company infographic/blog post, The case for Facebook, Keas cites survey data that show a group of employees who browsed the web or used social networks for 10 minutes were 16% more productive than employees who took a regular 10-minute break, and 39% more productive than the control group.
During tax season, employees are sharply reminded of how much cash Uncle Sam takes from their paychecks. Many workers already take advantage of benefits such as tax-exempt health savings accounts, group term-life insurance and even tax-deferred benefits in retirement plans. Some fringe benefits, however, are lesser known for their tax-exempt status. Here are seven tax-free benefits that keep cash in employees pockets, as well may provide attractive deductibles to companies. (Images: Thinkstock)
In a recent analysis of its client base, New York Life Retirement Plan Services found that despite a low interest rate environment, stable-value funds remain a heavily utilized retirement plan investment option with 50% participant utilization.
Survey results from AMA Enterprise, a division of the American Management Association, finds that as many as two-in-five employees feel they hardly ever know whats going on at their organization.