With the downturn in the economy, it seems like most organizations are shifting their focus when it comes to employee benefits and compensation. the current situation is also very stressful on benefits managers.
In times like these, it’s critical for coworkers to share their concerns, experiences suggestions. Several weeks ago, HRBenefitsAlert.com ran a special report on [...]
Archive for the ‘Health Promotion Articles’ Category
Few corporations benchmark their flu programs, a published study from the Disability Management Employer Coalition locates. But those that do often discover room for improvement.
Almost 80% of employers provide employees access to flu shots, either on-site or at a local clinic. And 72% cover some or all the cost (typically compensating between $10 to $20). [...]
The fastest-growing use of EAPs since 2002 has been tied to employees’ financial worries.
Over the last five years, there’s been a announced 69% jump in employee employee assistance program (EAP) use related to personal financial concerns. the trend isn’t all that surprising.
Statistics show that, for the first time since the Excellent Depression, the typical American [...]
The problem of presenteeism – staff members showing up at work but taking a “mental vacation day” – isn’t going away any time soon.
A recent survey found the average staff member has three unused vacation days at the end of the year. But 33% admit that they sometimes take “unofficial” vacation days of a half-day [...]
It’s tough to get workers to participate in benefit programs that they don’t even know exist.
Seventy-one% of workers lack basic knowledge of standard benefit programs, as reported by a new study by the American Payroll Association (APA).
Low participation rates
The ASA study focused on workers knowledge of their company’s pre-tax benefits. While nearly three quarters of [...]
Compliance with HIPAA non-discrimination rules is a large challenge for health promotion programs. the old rules were unclear about which incentives passed muster.
That’s all changed, with the rules established earlier this year by the DOL and U.S. Treasury Department. the rules themselves haven’t changed, but they’ve been clarified. Here’s what you need to know – [...]
Ever set out to organize and dispose of old employee files and paperwork in the office? the job is tougher than it seems.
Best practice – Develop a records retention policy as your first step. A host of federal and state laws specify how long you must retain pay- and benefits-related documents.
Compliance is essential when a [...]
A lot of corporations attempt to reward employees during the holidays. But be cautious –
There’s a common misbelief that the IRS considers gift cards worth $20 or less de minimus benefits and, consequently, they’re tax free. Unfortunately, that’s not true. With few exceptions, the IRS considers nearly anything with cash value a taxable form [...]
In recent years, it’s become increasingly common for businesss with as few as 200 staff members to explore self-insurance. But beware of hidden traps.
If your organization is weighing self-insurance – or has already taken it – here are three pitfalls that can create unexpected costs.
1. Unfavorable worker mix
It’s impossible to completely eliminate the risk of [...]
Evidence-based medicine has become a large buzzword in health care over the last few years. But certain non-traditional treatments, like chiropractic care, may also prove effective in certain cases.
The key – Using these treatments further to – not in lieu of – conventional medicine may prove more cost-efficient in the long term.
What the latest research [...]
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