Articles

With multiple generations working side-by-side in this economy, the needs of your staff in terms of employee benefits will vary greatly depending on their age. You may have baby boomers who are nearing retirement and have health issues, working with staff in their 30s...

As more and more C-level executives retire and the market for more upper-management talent shrinks, employers are increasingly having to offer more aggressive benefits and compensation packages to attract and retain them. While you may provide 401(k) benefits to your...

A new area of potential liability for employers was recently opened when a class-action suit was filed against Johnson & Johnson, accusing it of mismanaging its pharmacy benefit manager plan, resulting in the health plan and its enrollees overspending millions of...

Pharmacy spending, high-cost claimants and newly developed anti-obesity drugs are expected to shape health benefits and affect the cost of care and health insurance for employers, according to a new report. The "2024 Employee Health Trends" report by Springbuk, an...

One often overlooked cost driver to your employee benefits plans is administrative errors and oversights that are the result of sloppy record-keeping and a lack of checks and balances among your account and human resources teams. If you are not diligent in keeping up...

If you have staff with health savings accounts, they still have until April 15 to make additional contributions to their accounts if they want to reduce their tax bills for last year. HSAs allow your employees to put away funds to pay for future medical expenses....

The cyber-security landscape changes constantly. This year, experts are predicting greater threats to business computer networks and individuals seeking to keep their information private. For employers, it's important to stay on top of these threats so that they can...

The growing popularity of electric vehicles is encouraging businesses to install charging stations in parking lots for their employees and visitors. Commercial real estate owners and investors are always looking for ways to increase the value of their properties....

One of the by-products of the digital revolution – with most people staring many hours each day at tablets, smart phones and computers – is eye strain. According to The Vision Council, the average U.S. adult spends more than two hours a day looking at electronic...

Work-related stress claims cost U.S. companies $200 billion to $300 billion a year, according to the American Institute of Stress. Stress can result in a number of secondary mental and physical illnesses and direct physical injuries, which directly affects health care...

The U.S. Department of Labor in January 2024 finalized a new federal rule that will make it more difficult for employers to classify workers as independent contractors. The final rule formally rescinds the independent contractor rule issued by the DOL during the Trump...

The construction industry has the highest percentage of electrical fatalities out of all industries. While electricity is a crucial component in a construction project's success, it poses a risk of harmful shock, horrific burns or fatal electrocution. These accidents...