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New benefit lets employees choose between paid vacation and student loan relief

New benefit lets employees choose between paid vacation and student loan relief

by Muzaffar | Apr 2, 2019 | Human Resources, News and Updates

Millennials are on pace to make up 75 percent of the labor force by 2025, and as employers search for new benefits that will appeal directly to the largest working generation, more and more of them are turning to student loan repayment plans (SLRPs).According to the...
Government hints it may make grandfathered health plans easier to continue

Government hints it may make grandfathered health plans easier to continue

by Muzaffar | Apr 1, 2019 | Group Health Benefits, Human Resource Regulations, News and Updates

Federal regulators are seeking ways to help keep grandfathered health plans in business, even though some benefit advisors believe it's past time that they be retired.In a Feb. 25 issue of the Federal Register, the Department of Labor, Department of Health...
Critical court case illustrates high cost of COBRA noncompliance

Critical court case illustrates high cost of COBRA noncompliance

by Muzaffar | Apr 1, 2019 | Group Health Benefits, Human Resource Regulations, News and Updates

A November 2018 ruling by a federal district court in Ohio demonstrated just how costly it can be when employers fail to understand the continuation coverage rules that exist under the Consolidated Omnibus Budget Reconciliation Act, and how that law interacts...
New overtime rule would set salary limit at $35,308

New overtime rule would set salary limit at $35,308

by Muzaffar | Apr 1, 2019 | Human Resource Regulations, News and Updates

On March 7, 2019, the U.S. Department of Labor announced a proposed rule that would extend overtime pay eligibility to over one million American workers. However, critics immediately took issue with the rule for not expanding overtime pay to the 4 million workers that...
Proposed HRA expansion met with praise and pushback

Proposed HRA expansion met with praise and pushback

by Muzaffar | Mar 11, 2019 | Group Health Benefits, Human Resource Regulations, News and Updates

Late last year, the government released a proposed rule to expand the use of health reimbursement arrangements – the employer-funded, tax-advantaged accounts that employees can currently only use to reimburse the cost of out-of-pocket medical...
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