Helping employees prepare for retirement remains a top concern for leading CHROs and other senior HR professionals, but student loan benefits is “the big one” that most are trying to get right, says Ayco CEO Larry Restieri. Employers such as PwC, Prudential and other companies have been adding the popular benefit to meet demand as […]
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LAS VEGAS — Student loan benefit provider Gradifi’s client list has ballooned to more than 750 with new additions of New Balance and Wayfair, the company said Monday. The footwear and e-commerce companies are joining a group that already includes PwC, Sotheby’s, Honeywell and Peloton. The news — announced during the Society for Human Resource Management annual […]
EASTON, Pa. — Walk into a big-box retailer such as Walmart or Michaels and you’re likely to see MCS Industries’ picture frames, decorative mirrors or kitschy wall décor. Adjacent to a dairy farm a few miles west of downtown Easton, MCS is the nation’s largest maker of such household products. But MCS doesn’t actually make […]
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 […]
Our healthcare system is experiencing a vicious cycle: hospitals provide care for the uninsured. These providers charge more to the insured population to stay profitable. Employers, as the primary gatekeepers to healthcare, take on the financial burden. They shift costs to employees to relieve the load. In short, everyone is passing the buck until — […]
Do you ever ask yourself: “Am I still using the right tools to do my job?” I vividly remember a time in my early HR career when it became abundantly clear that I was up the creek without a paddle because I did not have the right tools or processes in place to succeed. My […]
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 […]
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 […]
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 […]