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Workforce Benefits – Stories

'Time-Off Plans': An Alternative to Comp Time

November 28, 2012
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'Time-off plans' may be an efficient and economic way to manage employee pay. But how does an employer ensure a plan complies with the Fair Labor Standards Act?
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HHS Proposes Rules on Employee Wellness, Essential Health Benefits

November 21, 2012
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Officials said the proposed rules on wellness programs are designed to give employers greater flexibility to design programs that will positively affect their employees' overall health while providing individuals with enhanced protections against discriminatory practices.
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The (Employer) Match Is Back

November 16, 2012
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Recent data show that employers have not only restored the matching 401(k), but also that employees are contributing more to their retirement plans as well.
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Obamacare Health Exchanges Could Take a Big Bite Out of Broker Commissions

November 16, 2012
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State-run health care exchanges could offer one-stop shopping experiences for small businesses, which usually pay more for insurance because they lack the buying power of bigger companies.
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Group Health Plan Costs Up 4.1 Percent in 2012, Smallest Increase in 15 years: Mercer

November 14, 2012
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The 4.1 percent increase brought health plan costs to an average of $10,558 per employee in 2012, compared with $10,146 per employee in 2011, according to the survey.
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Must an Employer Accommodate an Employee for a Family Member's Disability?

November 13, 2012
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I cannot overstate enough how fine a line it is between lawfully terminating an employee because of the need to take time off to care for an ill relative and unlawfully terminating an employee because of a relative's disability.
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Obama Re-election to Accelerate Release of Health Care Reform Law Guidance

November 12, 2012
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Some health care reform law issues may be discussed during the remaining weeks of the current legislative session as lawmakers look for ways to reduce the federal budget deficit.
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401(k) Plan Balances Hit Record High for 2012: Fidelity

November 8, 2012
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For the three-month period ending Sept. 30, employees' average account balances jumped 4.2 percent from the prior quarter, and 18 percent compared with the end of the third quarter of 2011 when account balances averaged $64,300, according to Fidelity Investments.
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Survey: Time Wasted on Poor Performers

November 8, 2012
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Supervisors spend 17 percent of their time, or nearly one day per week, overseeing poorly performing employees.
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States Up the Pressure on Retirement Plans for Private Workers

November 8, 2012
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California's new state-administered retirement savings program for certain private-sector workers could serve as a model for other states.
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