In an attempt to address aspects of the workplace upheaval caused by the COVID-19 pandemic, Congress passed the Families First Coronavirus Response Act. That act included major temporary changes to the Family and Medical Leave Act (FMLA) and created a new paid leave entitlement. The Act itself raised many questions, some of which are being answered […]
What does the just-enacted largest relief package in history mean for your employees? As the fallout from the coronavirus pandemic shutters business and slows economic activity, many Americans are counting on benefits from the $2 trillion Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act. Among other assistance, this act includes […]
Integrated benefits can improve patient care and better support human resource departments. Integration can also help connect the dots between different health benefits, like dental and vision, and employers can use this information from routine exams to identify and manage larger health issues for employees. Dental care and overall health The most commonly diagnosed condition […]
The coronavirus is having a big impact on many industries — energy, airlines and hospitality, just to name a few. While President Trump and Congress are working to help provide resources and support programs to those without a financial safety net, plenty of higher- paid corporate managers and executives may also lose their jobs in […]
U.S. employment plummeted last month in the first decline since 2010, offering an initial look at the widespread devastation the coronavirus pandemic has already begun to wreak on the once-strong labor market. Payrolls fell 701,000 from the prior month — compared with the median forecast of economists for a 100,000 decline — according to Labor […]
With all the focus on the surge in U.S. layoffs, it’s easy to forget that there’s a silent job killer lurking in the background. Hiring freezes such as that reported by American Express mean that the take-up of workers is falling rapidly. How quickly companies ramp hiring back up will be a large factor in […]
Having a secure digital space for storing important documents is becoming commonplace as our digital world expands. Ensuring proper accessibility and security is especially important in the event of someone’s passing, to make sure that people who will be affected are aware of the arrangements beforehand. Everplans, a financial services company, offers a platform that […]
There’s something to be said for living with mom and dad. In fact, more and more young adults are opting to do just that thanks to things like student loan debt and high rents. Yet, there comes a time when they need to strike out on their own and become financially independent. Stephanie Einseberg is working towards […]
If you’re not keeping remote employees engaged, you’re doing yourself a disservice, because disengaged employees cost organizations yearly $550 billion in productivity losses. Worse, workers that are psychologically unattached and who put time, not passion into their work, make 2.5 less revenue. Keeping remote staff satisfied is not something that comes naturally to most businesses. In fact, […]
The IRS Thursday published finalized rules loosening restrictions on health reimbursement arrangements, allowing employers to significantly expand the use of such accounts and make them a much bigger part of employers’ healthcare offerings. Beginning in January 2020, employers will be able to use individual coverage HRAs to provide employees with pre-tax funds to pay for […]
