Over a third of HR professionals report that their organization offers financial education to its employees, but many aren't sure how effective their offerings have been, according to a recent poll on HR.BLR.com and Compensation.BLR.com.
Recent research shows that retail mutual funds were offered by 58% of large defined contribution plans in 2007. That figure is down from 65% just 4 years earlier. At the same time, another kind of investment is on the rise, one that may be new to you, or may give you a sense of nostalgia.
Federal lawmakers in both Houses of Congress recently approved bipartisan legislation that would expand upon the 1996 Mental Health Parity Act and "require insurance companies to cover mental illnesses and physical illnesses equally," Sen. Edward M. Kennedy (D-Mass.) said in a statement.
What are the benefit practices of a "Best" company to work for? According to one award winner, organizational culture plays a pivotal role in shaping her organization's approach towards benefits.
Whether or not we choose to define current economic conditions by using the term "recession," the impact of current economic conditions is being felt in the workplace. In a breakout session at the 21st Annual Benefits Forum & Expo, HR and benefits professionals were given some valuable tips for retaining and engaging their workers during tough economic times.
Employers and retirement plan administrators have more flexibility when participating in the IRS?s Employee Plans Compliance Resolution System (EPCRS), the voluntary correction program for employee retirement plans, according to new IRS guidance (Revenue Procedure 2008-50).
The vast majority--81 percent--of American workers are worried about something job-related, according to a new survey. What's keeping them up at night? And what can you do about it?
Nearly all senior executives interviewed in a recent survey say that their company offers college tuition reimbursement benefits--as well as other forms of professional development--for their employees.
More than 40 percent of employers have taken steps to help employees deal with higher gas prices this year, up from 25 percent in 2005, according to a poll on HR.BLR.com and Compensation.BLR.com.
The U.S. Department of Labor has published two proposed rules under the Pension Protection Act (PPA) aimed at making investment advice more accessible for individuals in 401(k) type plans and individual retirement accounts (IRAs).
