Proskauer's Employee Benefits & Executive Compensa

FEBRUARY 15, 2024

The Departments of Labor, Treasury, and Health and Human Services (the “Departments”) recently issued guidance for group health plans outlining a “therapeutic equivalence” medical management technique for required preventive services coverage of contraceptives. For a full list of HRSA-supported categories, see here ). Generally, yes.

Medical 59

Medical Management Healthcare Benefits Healthcare 59

Workers' Compensation Perspectives

APRIL 29, 2024

There are also other terms that I have not used in this discussion but may be included in the categories discussed here. Where short and long term disability (STD and LTD) insurance or social security disability insurance plans (SSDI in the US) are available, they are often accessed before (or instead of) filing a workers’ compensation claim.

Disability Insurance 52

Disability Insurance Workers’ Compensation Insurance Pension 52

Money Talk

JUNE 23, 2022

The top two fraud categories were identity theft and imposter scams. Fraud Categories- Widely-reported fraud categories include online shopping. Below are eleven of my key take-aways from the webinar: ¨ Fraud Reports - About 5.7 million fraud reports were logged by state and federal (e.g.,

Commissions 238

Commissions Media Banking Finance 238

Money Talk

NOVEMBER 30, 2022

Develop a Proactive Mindset - This means acknowledging, learning about, and planning for possible future outcomes rather than ignoring the possibility that they could happen. An example is retirement planning. Get Comfortable Planning Again- When people are uncertain, they often do….nothing.

Finance 354

Finance Retirement Plan Government Salary 354

Money Talk

DECEMBER 29, 2021

Insurance- COBRA premium assistance for health insurance was provided under the American Rescue Plan Act and Medicaid enrollment surpassed 80 million. Fraud- Top fraud categories reported by the Federal Trade Commission in a 2021 report were imposter, online, and internet services scams. More mandatory state run auto-IRAs were set up.

Finance 362

Finance Taxes Retirement Plan Insurance 362

Ahmed's Universe

FEBRUARY 9, 2020

BARCELONA I had planned to end the weekend by going to the theatre but had forgotten that in Spain's second-largest city theatres have only one show on Sunday and it tends to be in the afternoon. Hollywood" but "Parasite" is so far ahead, in a category of its own, that it would be absurd, even by Hollywood's standards, to ignore it.

IT 195

IT 195

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 13, 2023

In a case of first impression in the Tenth Circuit, the Court recently joined the chorus of circuit courts in holding that a 401(k) plan participant alleging excessive investment management or recordkeeping fees must assert a “meaningful benchmark” in order to survive a motion to dismiss. The case is Matney v. Barrick Gold , No.

401(k) 109

401(k) Retirement Plan Government Management 109

Money Talk

SEPTEMBER 30, 2022

Many are middle income taxpayers who diligently saved and invested for 4-5 decades in tax-advantaged plans. If your first thought when you hear the word “Irma” is a kindly older relative (the name was popular generations ago) or a powerful category 5 hurricane in 2017, this post will bring you up to speed about the “other IRMAA.”

401(k) 244

401(k) Taxes Pension Deductions 244

Employee Benefits

JULY 31, 2023

billion pension to cut future benefits for plan members but can make other changes without employees’ consent. There are four DB structures under the scheme, with the old benefits and new benefits categories of membership providing traditional 1/60th final salary benefits.

Pension 98

Pension Salary Employee Benefits Employment 98

HR Lineup

APRIL 15, 2024

In the realm of Human Resource Management (HRM), the 9-Box Grid Model stands as a pivotal tool for talent management and succession planning. It was initially developed in the context of strategic workforce planning and succession management.

Human Resources 79

Human Resources Health Management Consulting 79

AssuredPartners

MARCH 29, 2022

Respective to group health plans, there are several increases to penalties associated with the Health Insurance Portability and Accountability Act (HIPAA) worthy of note due to the higher penalties being levied. Category 1: Minimum fine of $127 per violation up to $63,973. Category 2: Minimum fine of $1,280 per violation up to $63,973.

Health Insurance 96

Health Insurance Insurance 96

Money Talk

JANUARY 26, 2023

The Rule of 72 - For planning purposes, use The Rule of 72 to calculate how quickly prices, as well as investment account balances, will double. Impacts by Income Category - Inflation typically impacts lower earners the most because high prices consume a larger share of limited incomes. In 2021, it was the reverse (i.e.,

Finance 183

Finance Pension Government Banking 183

Proskauer's Employee Benefits & Executive Compensa

OCTOBER 14, 2022

Two recent district court decisions add to the growing number of courts granting motions to dismiss putative ERISA class actions challenging defined contribution plan fees and investment performance. Northwell Health, Inc. , 20-cv-3256, 2022 WL 4639673 (E.D.N.Y. Associated Banc-Corp , No. 21-cv-60, 2022 WL 4638092 (E.D.

401(k) 109

401(k) Banking Management IT 109

Employee Benefits

JANUARY 6, 2022

This year HR professionals can enter 22 categories, which span a variety of employee benefits aspects including financial wellbeing, pensions, healthcare, employee engagement and mental health. This can include plans that operate within a set enrolment period, as well as plans with any-time enrolment.

Employee Benefits 69

Employee Benefits Pension Healthcare Recruitment 69

Employee Benefits

MAY 22, 2023

Law firm Travers Smith and project, engineering, and technical services business Wood have been shortlisted for Best flexible benefits plan at the Employee Benefits Awards 2023. This category was created to recognise a successful strategy that has effectively delivered a flexible benefits plan. It’s great to get the recognition.

Entertainment 59

Entertainment Engineering Medical Insurance 59

HR Digest

MAY 29, 2023

Some fringe benefits are for all the employees, whereas few are offered only to certain categories of employees, example, the amount of paid time off an employee receives is mostly directly proportional with length of employment. Types of Fringe Benefits Fringe benefits can be categorized into two categories.

Family and Medical Leave Act 98

Family and Medical Leave Act Paid Vacation Benefits Package Health Insurance 98

Vantage Circle

APRIL 23, 2024

Thus, creating impactful recognition events requires thorough planning and exploration. To assist you in your endeavor, this blog will cover the necessary tips for planning and introduce you to a recognition calendar to carve a roadmap for year-round appreciation initiatives.

Employee Recognition 94

Employee Recognition Employee Retention Entertainment Food 94

Workplace Insight

JANUARY 18, 2024

There are three categories: New build and retrofit projects; New products and materials; Innovation including new services or IT solutions as well as collaborations with not-for-profit organisations. We are busy planning many new ideas and events for this year’s Forum with further news being announced on our social media channels.”

Manufacturing 52

Manufacturing Media IT 52

Employee Benefits

DECEMBER 17, 2021

The 22 available categories span a variety of employee benefits aspects, including financial wellbeing, pensions, healthcare, employee engagement and mental health. To see all the categories and start your entry, click here. The post Employee Benefits Awards 2022 entry deadline extended appeared first on Employee Benefits.

Employee Benefits 80

Employee Benefits Pension Healthcare Management 80

Vantage Circle

JANUARY 31, 2024

Key Insights Concept of Employee Retention Surveys Types of Employee Retention Surveys Categories of Employee Retention Surveys Employee Retention Survey Questions How to implement employee retention surveys Analyzing and Using Employee Retention Survey Results Understanding Employee Retention Surveys What is an Employee Retention Survey?

Employee Retention 59

Employee Retention Employee Loyalty Salary Bonuses 59

Money Talk

OCTOBER 7, 2021

I recently attended several webinars and listened to several podcasts about issues related to retirement planning and personal finance issues in later life. Thus, people don’t always end their careers when they plan to. Workers who want to continue working often need to develop their own plans to “phase out.”

401(k) 130

401(k) Entertainment Retirement Plan Taxes 130

HR Digest

OCTOBER 22, 2023

Something as serious as retirement planning assistance could just as soon be a benefit as providing a gym membership for employees who want to work out. 401(k) as a Fringe Benefit The very popular 401(k) is also a fringe benefit as employers can choose to assist employees with their retirement planning.

401(k) 52

401(k) Employee Stock Option Deductions Deductible 52

Workplace Insight

FEBRUARY 28, 2023

Long before the office died (I read its obituary in several publications) there were hotly contested debates about open plan offices. Open plan officer workers and workplace professionals moaned about acoustics, stress, and more recently, germs in large open workspaces.

Media 98

Media IT 98

Employee Benefits

MAY 31, 2023

A list of categories in England and Wales has been provided. The guidance recommends how to choose which ethnic groups to include in the calculations, including minimum category sizes. Employers should also consult and engage with their workforce, and review and amend their action plan regularly.

Government 52

Government Consulting Employment Employee Benefits 52

Assurance Agency

OCTOBER 2, 2023

If your organization falls into one of those categories, it is more than likely covered by this standard. Infrared thermography required on all equipment Category 1 and 2 equipment every 12 months; every 6 months for Category 3 equipment. ” Equipment intended for use at home is not covered.

Insurance Carriers 52

Insurance Carriers Electronics Manufacturing Insurance 52

Employee Benefits

JANUARY 20, 2023

Set to take place on Friday 23 June 2023 at the HAC London, the awards comprise 23 categories, including pensions, mental health, motivational benefits and financial wellbeing. To see all the categories and start building your entry, click here.

Employee Benefits 59

Employee Benefits Pension Education Employment 59

Benefit Resource Inc.

JULY 13, 2023

Combined product offerings will accelerate growth and create a best-in-class solution within the health and benefits category. “Together we will create a best-in-class solution for our clients and the consultant and broker community as a health and benefits category leader.” OAK BROOK, Ill.,

Health Savings Account 52

Health Savings Account Human Resources Technology Consulting 52

Benefit Resource Inc.

MARCH 20, 2024

The annual awards program developed by ADP, a leading global technology company providing human capital management (HCM) solutions, recognizes strong ADP Marketplace partner performance across multiple award categories.

Health Savings Account 52

Health Savings Account Flexible Spending Account Flexible Spending Taxes 52

Employee Benefits

OCTOBER 19, 2023

Alex Jefferson, health and beauty category director at Sainsbury’s, said: “Sainsbury’s [is] proud to be joining with GenM, the menopause partner for brands. GenM is transforming the menopause through empowering brands to understand, serve and support this audience.

Retail 59

Retail Bonuses Employee Benefits IT 59

PeopleKeep

JULY 11, 2022

The Affordable Care Act (ACA) has made it easier for those who don’t have employer-sponsored health insurance to find an affordable plan. With state and federal health insurance marketplaces came standard categories of plans, making comparison shopping faster and simpler.

Health Insurance 52

Health Insurance Insurance Medical Employment 52

Benefit Resource Inc.

MAY 27, 2022

Benefit Resource (BRI) created Specialty Accounts or Lifestyle Accounts to help employers provide a customized benefits plan for the wants and needs of every employee. Personal and home services are some of the broadest categories when it comes to Specialty Accounts. In three simple steps, you can create their benefits plan.

Utilities 75

Utilities Taxes Employment IT 75

PeopleKeep

MAY 13, 2021

Health reimbursement arrangements (HRAs) are IRS-approved, employer-sponsored health benefit plans that allow participants to receive reimbursements for a wide variety of out-of-pocket healthcare expenses as well as certain health insurance premiums.

Health Insurance 59

Health Insurance Insurance Healthcare Employment 59

Proskauer's Employee Benefits & Executive Compensa

MAY 4, 2023

A third district court has dismissed with prejudice a complaint alleging that defendants breached their fiduciary duties under ERISA by offering 401(k) plan participants the option to invest in BlackRock LifePath Index Target Date Funds (the “Funds”). Microsoft , Case No. 22-cv-1082 (W.D.

401(k) 110

401(k) Food IT 110

HR Digest

MAY 8, 2023

When conducting a performance appraisal, it’s essential to have a clear set of categories to assess an employee’s performance. By using well-defined categories, managers can provide specific feedback that helps employees improve their work performance. Plans and schedules work in advance to ensure deadlines are met.

Construction 105

Construction Bonuses Management Employment 105

WEX Inc.

AUGUST 2, 2023

Employers can provide either a grace period to use the money within the plan year, or a carryover of up to $610 from the plan year. Unlike a medical FSA, a limited FSA can be paired with a health savings account (HSA) and a high-deductible health plan (HDHP). What types of FSAs are there? For more benefit trends, click below!

Flexible Spending Account 98

Flexible Spending Account Deductions Deductible Health 98

WEX Inc.

AUGUST 23, 2023

Let’s dive a little deeper into a few categories of voluntary benefits. Voluntary benefits such as financial planning services, student loan repayment programs, and investment advice can help employees meet their financial goals, improve their financial literacy, and prepare for the future.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Life Insurance Insurance 98

Insperity

JUNE 9, 2023

Before you come up with a plan to improve employee engagement, take a look at your staff. They’re eager to take on responsibilities, carry out their duties and give you their best work.

IT 57

IT 57