Communication in the workplace is key. When it comes to employee benefits, proper communication helps employees recognize the true value of their benefits, which can lead to an appreciation of…
Health savings accounts (HSAs) are a popular type of tax-advantaged medical savings account available to individuals enrolled in high deductible health plans (HDHPs). Individuals can use their HSAs to pay…
On Aug. 23, 2023, the IRS issued Revenue Procedure 2023-29 to index the contribution percentage in 2024 for determining the affordability of an employer’s plan under the Affordable Care Act…
The recent Trends Redefining Employee Experience in 2023 report by software company Workday highlights the workforce changes impacting organizations in 2023. It shows that employers are posting fewer job openings,…
As the workplace continues to evolve, employers will need to offer a wider variety of benefit options to meet the expectations of different generations within their workforce. “Since the pandemic,…
On July 27, 2023, OSHA issued a heat hazard alert to remind employers of their obligation to protect workers against heat illness or injury in outdoor and indoor workplaces. In…
When Sun Life, a stop-loss provider that covers high-dollar claims for employers who self-fund their employee health plans, released its annual high-cost claims and injectable drug trends analysis last year, the…
The Affordable Care Act (ACA) requires health insurance issuers and self-insured plan sponsors to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). The fees are reported and paid annually using…
As a potential recession looms larger on the horizon and the labor market continues to tighten, companies are feeling increasing pressure to retain their best employees. With this renewed focus…
On June 29, 2023, the Equal Employment Opportunity Commission (EEOC) announced that the date for employers to begin submitting 2022 EEO-1 Reports is delayed again, this time with a tentative…