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 […]
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 […]
