As HR pros, not only are you concerned with making sure employee paychecks hit, you’re also thinking ahead. Helping employees save for their futures—largely in the form of 401(k)—has become an essential ingredient in benefit packages.
2018 is off to a big start in the world of benefits: on January 30, three of the biggest corporate powerhouses made an announcement. Amazon, Berkshire Hathaway, and JPMorgan Chase declared their intention to join forces and establish an independent insurance company, with the promise to be “free from profit-making incentives and constraints.”
On the heels of the 25th anniversary of the Family Medical Leave Act (FMLA), a new paid leave proposal is making the rounds in Washington. And who might be leading the charge? It’s two unlikely collaborators: Ivanka Trump and Florida Senator Marco Rubio.
When hiring for a position that requires regular business trips, it’s important to consider factors beyond the obvious. If a job candidate will be making contact with global partners, you want them to be charismatic. They should be confident, decisive, and a natural at making others feel at ease. But they should also be the kind of person who enjoys traveling for work.
Last year, over 62,776,640 people searched “get healthy" on Google. Doing so is part of a familiar nationwide declaration that this will finally be the year to lose those five pounds, cook every night, cut out sugar, exercise four times a week, the list goes on. But more often than not, life gets in the way of the commitment it takes to execute on these goals. Let’s be honest—between work and family, it can be hard to find time to make healthier choices. But what if your workplace offered resources to make it easier? Fortunately, many HR teams are already on the case, introducing a variety of employee health and wellness initiatives and perks.
On December 3, in a move that could change the face of healthcare, CVS announced that they have agreed to buy insurance-provider Aetna for $69 billion. Leadership from both companies are expectedly optimistic. In Sunday’s press release, CVS President and CEO, Larry J. Merlo said, “We look forward to working with the talented people at Aetna to position the combined company as America's front door to quality health care, integrating more closely the work of doctors, pharmacists, other health care professionals and health benefits companies to create a platform that is easier to use and less expensive for consumers.”
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Another month, another potential change to healthcare policy. Congressional lawmakers are inching closer to enacting sweeping tax reforms that could have a lasting impact on employers and individuals alike, including provisions that would eliminate the “individual mandate,” or the Affordable Care Act (ACA) requirement that Americans enroll in insurance.
Wellness has taken the benefits world by storm. Whether it be onsite health screenings, in-office yoga, cosponsored gym memberships, or sleep wellness workshops, wellness perks often tend to focus on the physical aspect of health. Though mental wellness has also shown an uptick in importance, other areas of wellness are also gaining steam.
Lost in the state and local patchwork of paid leave laws? Republican lawmakers might have a lifeline for you.
From job interviews to performance reviews, it often feels like employees are expected to be “perfect” at work. The workplace has traditionally been an environment where flaws are masked and images of professionalism abound.