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Novus Health becomes living pension employer

Employee Benefits

Health provider Novus Health has received living pension employer accreditation from the Living Wage Foundation. The employer delivers free audiology, physiotherapy and dermatology services on behalf of the NHS. All new employees joining the business will automatically be enrolled.

Pension 59
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IRS Announces 2024 Employee Benefit Plan Limits

McDermott Will & Emery Employee Benefits

The Internal Revenue Service recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2024. Certain health and welfare plan limits have not yet been released.

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IRS Announces 2024 Employee Benefit Plan Limits

McDermott Will & Emery Employee Benefits

On November 9, 2023, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain health and welfare plan benefits, including those for health flexible spending arrangements and commuter benefit plans, among other important updates.

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Ben Daniel: How can employers help solve absenteeism in the office?

Employee Benefits

In the UK, tackling absenteeism in the office requires employers to understand and fulfil their legal obligations regarding the health, safety, and welfare of their employees. The Health and Safety at Work Act 1974 imposes a duty of care on employers to protect their employees from work-related stress.

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A HR guide to employee benefits

Employee Benefits

A great way to improve retention rates is through offering great employee benefits. Benefits, including fringe benefits and flexible benefits, provide an employee an extra reason to stay within a company. What are fringe benefits? This can include free health insurance or a company car.

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Funding Employer-Sponsored Group Health Coverage: The Group Captive Solution

McDermott Will & Emery Employee Benefits

The enactment of the Affordable Care Act in 2010 led to a sharp increase in employers self-funding their group health insurance plans, with the market tripling in size in the decade that followed.

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IRS Announces 2023 Employee Benefit Plan Limits

McDermott Will & Emery Employee Benefits

The Internal Revenue Service (IRS) and the Social Security Administration announced the cost-of-living adjustments to the applicable dollar limits on various employer-sponsored retirement and welfare plans and the Social Security wage base for 2023.