The movement towards eradicating the longstanding discrepancies of pay between male and female workers slowed this week when the the Paycheck Fairness Act failed to foster enough votes to advance.
New analysis finds there are four types of private exchanges what are they and how do employers pick which is right for them?
Commentary: Consider that employers nationwide spend billions of dollars to give their employees access to medical care and other important insurance coverage. While most businesses offer health and welfare benefits to remain competitive for talent, they end up creating a valuable by-product in the process.
A new Senate bill calling for an amendment to a controversial section of the Employee Retirement Income Security Act is expected to save employers and plan sponsors $15 million over the next decade, according to new estimates.
New research points to low-cost consumer-directed plans as being a key strategy in thwarting rising health benefit costs.
They promised they would be coming and now they have. The Internal Revenue Service has issued draft instructions to help employers and plan sponsors comply with the Affordable Care Acts 2015 reporting requirements.
Heather Vertrees tunes up benefits at Fender Musical Instruments Corp. Her active role in a specialized wellness program for the companys factory workers has earned her the Benefits Professional of the Year honor.
For U.S.-based multinational companies, administering and communicating benefit plans in multiple countries each with its own regulatory regime and unique workplace culture is no simple task.
Commentary: When business leaders consider the positive aspects of a workplace wellness program, they often bring up expected reasons: It can keep employees healthy, productive and happy; allow the company to differentiate itself in a highly competitive marketplace for top talent; and limit overall health care costs.
Employees arent shouting from the roof over how great their employer-sponsored benefits are. In fact, satisfaction is sitting at some of the lowest levels since 2008, according to new data released from Unum.
According to the Centers for Disease Control and Prevention, nearly 111 million workdays are lost because of seasonal influenza, costing employers approximately $7 billion annually in sick days and lost productivity.
Insurance underwriting is hardly dramatic enough to warrant a TV show, but there is a forensic component to the annual renewal process.
Millennials are 10% more likely to lack health coverage than adults age 30 and over despite paying lower costs, receiving subsidies based on income and possibly staying on their parent's health insurance policy until age 26.
Many benefit managers especially those at smaller companies have never had to help an employee with an accommodation at work or help chart their path back to work after a disability leave.
Last week, the Department of Labor updated its prior guidance on locating missing participants. As before, the guidance technically only applies in the context of terminating defined contribution plans, though it can be instructive for retirement plan fiduciaries trying to locate missing or unresponsive participants.