A Year In Review: Account Services and COBRA
Date: July 23, 2019
Topic: Benefits News, Company News
We want to say thank you for your partnership and share what we’ve been up to for the past year. Check out our impressive Account Services and COBRA scorecard to see how we rank against other administrators. Let the numbers speak for thems...
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Successful Succession Planning: Moving Up When Keys Move On
Date: June 28, 2019
Topic: HR Consulting
The loss of key talent can bring an organization’s growth to a standstill. More often than not, management doesn’t know its operations and productivity may grind to a halt until it’s too late. Today’s top companies all face the...
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GROW 2019 Recap
Date: May 30, 2019
Topic: Company News
New York Times best-selling author and speaker Gretchen Rubin joined nearly 150 professional women and men from the tri-state to inspire us to achieve inner calm through the creation of outer order. Through her personal stories and anecdotes, Gret...
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NEWSFLASH! IRS Announces Increase to HSA Contribution Limits
Date: May 29, 2019
Topic: Benefits News, BeneTips
The IRS announced an increase to the maximum HSA contribution limits for the 2020 calendar year in Revenue Procedure 2019-25. The individual contribution limit has been raised from $3,500 to $3,550. The family contribution limit has been raised fr...
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Proposed or Not, IRS ACA Penalty Notices Warrant Call To Action
Date: May 16, 2019
Topic: BeneTips, Health Care Reform
The number of instances whereby our clients are receiving notices for alleged non-compliance with the ACA’s Employer Shared Responsibility (ESR or “pay or play”) mandate is on the rise. The most common notice being received is IRS Letter 226...
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Life Sciences: How Much Does Employee Turnover Really Cost?
Date: April 8, 2019
Topic: HR Consulting
According to a 2018 study by Radford Aon, life sciences companies see an average voluntary turnover rate of 11.5% in the United States. While this number might not ring any alarm bells, the effect it has on a company’s bottom line surel...
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DOL Proposes New Overtime Rule
Date: April 1, 2019
Topic: BeneTips
It may be time to sharpen your pencils (again)! The Department of Labor (DOL) has proposed an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,308 per year. In turn, the proposal would expand overtime eligibil...
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New Jersey Implements First State-wide Commuter Benefits Ordinance
Date: March 27, 2019
Topic: Benefits News, BeneTips
If you are an employer who employs at least 20 people in the state of New Jersey, you are now required to offer pre-tax commuter benefits to your employees. NJ is the first state to pass such an ordinance. Though the ordinance is effective immedia...
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New Jersey Individual Mandate Latches On To Federal Reporting Obligations
Date: February 15, 2019
Topic: Benefits News, BeneTips, Health Care Reform
In late January, the state of New Jersey posted new information about its individual health insurance mandate that went into effect on January 1 of this year. Of interest to most impacted employers are the tactics and mechanics associated with h...
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Implementing Technology into Recruitment and Retention Practices
Date: February 14, 2019
Topic: Company News, HR Consulting
Recruitment and retention should always be on HR’s best practices radar. Now more than ever, the spotlight is shining on millennials. They are infiltrating the work force at a rapid pace and it’s important to learn what motivates them, how the...
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How Much Does Employee Turnover Really Cost the Manufacturing and Distribution Industry?
Date: February 11, 2019
Topic: HR Consulting
Four years ago, employee turnover in the manufacturing and distribution industry averaged 13.7 percent. While this number might not ring any alarm bells, the resulting $840,700 spent on turnover costs per company surely does. Three years later, DC...
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New York Sexual Harassment Law Changes: Is Your Organization Ready?
Date: February 6, 2019
Topic: BeneTips, HR Consulting
On April 12, 2018, New York’s Governor Cuomo signed the state budget, which includes a mandate that employers provide employees with annual sexual harassment training. In addition, the New York State Human Rights Law has been amended to now prot...
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