Every employer needs a thorough and legally sound hiring process. Although there’s no federal law mandating background checks for private sector jobs, they’re generally considered a recommended step for some positions and a clear-cut necessity for … [Read more...]
What employers can do about missing 401(k) plan participants
When employees leave their jobs, financial advisors typically encourage them to roll over their 401(k) plans into a new employer’s plan or perhaps an IRA. Many people follow this advice, but not everyone.As you may be able to attest, many employers … [Read more...]
Should your business change its health care plan for next year?
Open enrollment for most health care plans is many months away. That makes now a good time for businesses to consider changing their employer-sponsored coverage for next year, or perhaps to think about launching a plan for the very first time.If … [Read more...]
Employers: Is now the time for a mentorship program?
Mentorship programs are nothing new, but their popularity tends to wax and wane depending on factors such as industry needs and workforce demographics. One recent survey indicates that these programs may be coming back in style again for some … [Read more...]
HIPAA and remote work: A refresher for employers
Many employers now allow employees to work remotely, either all or part of the time. If your organization does and sponsors a health care plan, here’s a brief refresher on some of the rules regarding protected health information (PHI) and the Health … [Read more...]
How employers can avoid common errors with cafeteria plans
For a long time now, cafeteria plans — also known as flexible benefits plans or Section 125 plans — have allowed employers to offer employees a varied menu of customized, tax-friendly fringe benefits.One of the great things about these plans is that, … [Read more...]
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