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 […]
michael@franchisebenefitsusa.com
Posts by 'michael@franchisebenefitsusa.com'
It’s no secret the IRS has been actively enforcing the Affordable Care Act’s Employer Mandate. To date, the IRS has identified a total of 49,259 employers that did not comply with the ACA for the 2015 tax year alone. So far, that’s more than 30,000 Letter 226J tax notices that have been issued with penalty assessments for more than […]
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 […]
There has been a lot of talk about the future of the Affordable Care Act (ACA). With the midterm elections coming soon, Americans have stated that healthcare is top priority. For many health insurance companies, the ACA also has been top of mind as they struggled with the changes in the law that made it more challenging for them […]
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 […]
While meeting with a client recently, she said something that’s stuck with me. “We need to stop talking about the future of work and start actually taking action,” she said, “because it’s here.” She’s right. We’re at an inflection point with a labor market that’s as tight as it’s been since the Great Recession and […]