A New York-based marketing agency is the latest employer to take a stab at reducing employees’ student debt. Fingerpaint, located in Saratoga Springs, is now offering full-time employees $100 per month toward paying down the principal balance of their student loans. Fingerpaint employs about 250 people, and 60 workers are already taking advantage of the […]
NEW YORK — Ask Corporate Synergies benefit consultant Nicholas Park what voluntary benefit clients are most interested in and he has a rapid response. Student loan repayment programs top the list as the most requested benefit addition for employers, Park said, speaking Tuesday at Spark HR, an HR and finance forum in New York. That’s […]
In March, the U.S. District Court for the District of Columbia found in favor of the state of New York (and 11 other participating states), who sued the Department of Labor over portions of the new association health plan regulations issued in 2018. The ruling struck down two of the 2018 expansions to existing AHP […]
Employers advertise their values to attract like-minded talent, but if organizations don’t practice what they preach, they risk watching that talent walk right out the door. Second to compensation, company culture is one of the primary reasons employees leave a company, according to the 2018 Jobvite Job Seeker Insights Survey. A good fit is so […]
Employees want jobs with more paid time off and would sacrifice a high salary for a good boss, according to new data from HR services provider Randstad. The data, released this week, is the result of a small survey conducted in July of 763 employees across the United States. Randstad found that 63% of employees wouldn’t consider […]
If it were easier for small businesses to band together to offer sponsored retirement plans, would more workers begin saving? The White House is betting so, signing on the eve of Labor Day an executive order aimed at lowering the barriers for small companies to participate in multi-employer plans. “Small business employees don’t deserve to […]
Many companies at one time or another get overtime compliance wrong, at least to some degree. It’s an expensive topic. Liability under federal law for failing to correctly pay overtime comes at the hefty price of all unpaid overtime for two years (three when it’s willful, and even longer under some state laws), multiplied by […]
Fewer Americans lack health insurance — but the gap remains wide, especially in some pro-Trump states. The number of uninsured declined to 28.3 million in the first quarter, down from 29.3 last year — and 48.6 million in 2010, the year the Affordable Care Act was signed into law by then-President Barack Obama, according to […]
The longer people live, the more likely they are to face illnesses that necessitate custodial care either at home, in an assisted-living facility, or in a nursing home. So it stands to reason that there’s a resurgence of interest in long-term care and long-term disability insurance. While the two types of coverage have similar names, […]
The number of companies offering health insurance has ticked up for the first time since 2008, according to new research from the Employee Benefit Research Institute. In 2017, almost 47% of private-sector employers offered health insurance, up from 45.3% in 2016. The percentage has been dropping steadily since 2008, when more than half (56.4%) were […]
