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According to the Global Pension Assets Study released today by Towers Watson, defined benefit fund assets grew by 54% in 2011, while pension fund balance sheets weakened, showing a need for different default options.
Small business payrolls grew at a slower rate in January and wages fell, an independent survey showed on Monday, suggesting the pace of overall job growth moderated after December's sturdy gain.
Employers can stay on the right side of regulators by complying with laws and regulations governing employee benefits. As the regulatory landscape changes, plan sponsors and administrators who keep pace with new requirements and filings prevent errors and problems down the road. CliftonLarsonAllen LLP offers these Top 10 Employee Benefits Compliance and Reporting Concerns as a tool or aid for keeping plan administration on the straight and narrow.
Plan participants choose to insure their beautiful legs, the threat of paranormal encounters or even their perfectly coiffed mustache. Amy Bell of WritePunch Inc. shares five of the weirdest insurance policies, ranging from interesting to shocking to downright bizarre.
Employers pay people to meet sales goals, hit productivity targets, put in overtime. It works. By that logic, paying people cash incentives to lose weight or engage in other healthy behaviors also should work. But it doesnt. Or at least, not in the long run.
As the economy continues to falter, employers have become increasingly reticent about their employees' ability to successfully save for retirement, according to a new survey by Aon Hewitt. In response, employers are creating solutions to help rethink their retirement benefits plan strategies and assist their employees in better preparing for retirement.
While President Obama's State of the Union address cited corporations that were dedicated to helping train American workers, Obama interestingly never not once specifically called on businesses to play a part in worker training, or even suggest that it was in their interests to do so. This, in my view, was a major failing of the presidents address.
Employers and benefit brokers are facing unique challenges compounded by uncertainty around the subject of health care. Gain strategies, resources and relationships needed to capitalize on an unprecedented opportunity to gain new accounts and revenue streams.
Chronic latecomers can cause headaches for HR/benefits professionals aiming to keep an entire employee population happy and productive. While flexible work arrangements continue to spread throughout the mainstream American workforce, excessive tardiness can lead to dismissal. In fact, a recent CareerBuilder survey shows that 34% of employers have terminated an employee for being chronically late. Employees admit their timeclock struggles, with 16% of workers reporting they arrive late to work once a week or more (up from 15% last year), and another 27% saying they arrive late to work at least once a month (up from 26% last year), CareerBuilder finds. With those kinds of numbers, managers no doubt have heard it all when it comes to employees tardiness excuses. Here are the 10 most outrageous ones, according to the CareerBuilder survey.
Fortune magazines annual list of Best Companies to Work For is out, honoring dream employers that offer fat paychecks, sweet perks, fun colleagues, and over 70,000 jobs ready to be filled.
An online commentary from a Forbes contributor points out that according to research by two economists, buying LTC in many cases may not only be unnecessary but also economically inadvisable.
Eastman Kodak Co, the photography icon that invented the hand-held camera, has filed for bankruptcy protection and plans to shrink significantly, capping a prolonged plunge for one of America's best-known companies.
Eastman Kodak Co, the photography icon that invented the hand-held camera, has filed for bankruptcy protection and plans to shrink significantly, capping a prolonged plunge for one of America's best-known companies.
When your employees lose a loved one, they might ask for bereavement leave. Employers typically want to assist their employees as much as possible. Allowing them to take time off to bury and grieve their loved ones is something that they can offer.
Researchers conclude that a nationwide penny-per-drink tax on soda and other sugar-sweetened beverages would reduce consumption of sugary drinks by 15%, leading to lower diabetes, heart disease and stroke rates.
From outcomes-based incentives to helping employees through the health care maze to social media, theres a lot in store this year for employer wellness programs. Beena Thomas, MPH, vice president, health and wellness for OptumHealth, gives us her take on the top four wellness trends of 2012.
Now that presidential candidates are pledging to repeal the law and the Supreme Court is determining the laws future, we may be back in the market for reform ideas.
The average target-date fund with about four years until its target date fell 0.4% last year, Morningstar found, the Wall Street Journal reports. Thats compared to the S&P 500, which gained 2% and the Barclays Capital Aggregate Bond Index, which rose almost 8%.
Older workers make up the fastest-growing segment of the workforce; by 2014, its estimated 21% of employees will be age 55 and older. In an economy where more seniors are delaying retirement or foregoing it altogether, the need for clarity on navigation of coupling Medicare and employer-based insurance will be paramount. The Medicare Rights Center, in partnership with AgeOptions, recently released a toolkit designed to help older adults navigate the transition from employer-based health insurance to Medicare, and those who are dually covered. The toolkit aims to clearly explain how Medicare coordinates with different kinds of employer-based health insurance. Here are five key points from the extensive guide to help your employees.
The jobs recovery gathered pace as a measure of private-sector hiring surged in December and claims for unemployment benefits fell, suggesting the battered labor market may continue to strengthen in 2012.