Category Archives: Human Resources
Educating Young Employees on Open Enrollment
Many employees need help with open enrollment. This is particularly true among younger workers, who typically have less experience selecting benefits than older generations that have been in the workforce longer. A study by insurance and employee benefits provider MetLife … Continue reading
DOL Proposes New Independent Contractor Classification Rule
On Oct. 11, 2022, the U.S. Department of Labor (DOL) announced a proposed rule to rescind and replace its 2021 independent contractor classification rule under the Fair Labor Standards Act (FLSA). The proposal is scheduled for publication in the Federal … Continue reading
The Great Reconsideration: Looking Ahead to the Next Stage of the Labor Market
The labor market continues to be unpredictable and driven by new challenges. As such, economists have signaled that the labor market is moving into another phase. Previously, there have been trends labeled as the Great Resignation and the Great Reshuffle. … Continue reading
PREVENT BURNOUT THROUGH MEANINGFUL CONNECTIONS
Burnout—known as a state of physical, emotional or mental exhaustion—has always been an issue within the workforce, but it has become more prevalent as a result of the COVID-19 pandemic. Now more than ever, people are increasingly anxious and stressed. … Continue reading
2023 Open Enrollment Checklist
To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2023. Employers should review their plan documents … Continue reading
Proposed Overtime Rule Expected in October 2022
In its recent spring regulatory agenda, the U.S. Department of Labor (DOL) announced its plans to issue a proposed overtime rule in October 2022. According to the agency’s regulatory agenda, this proposed rule is expected to address how to implement … Continue reading
Form 5500 Is Due by Aug. 1, 2022 for Calendar Year Plans
Employers with employee benefit plans that operate on a calendar year basis must file their annual reports (Forms 5500) for 2021 with the Department of Labor (DOL) by Aug. 1, 2022. An employer may extend this deadline by two and … Continue reading
Combating Rising Benefits Costs During Periods of High Inflation
The U.S. inflation rate has increased by 8.3% over the last year, according to the Bureau of Labor Statistics (BLS). This has led to significant price increases across various consumer goods as well as employee benefits such as health insurance. … Continue reading
HR’s Role in Preventing Cyberattacks
Cyberattacks are a growing concern for employers across the globe but especially for those in the United States. According to the Identity Theft Resource Center, the number of reported U.S. data breaches rose 68% between 2020 and 2021, increasing to … Continue reading
How to Make Enticing Learning and Development Programs
Workplaces are currently facing a variety of challenges. One of the most pressing concerns is employee voluntary resignation; many entry-level, retail and hospitality workers are quitting in record numbers. However, this problem is affecting virtually every industry. Certain employers are … Continue reading
