Workers’ compensation costs are on the rise – and that’s not good news for growing businesses. With claim frequency projected to rise by 4.9% in 2014, it’s time for companies to re-assess their current programs and find ways to save. Over the last several years, the most common workers’ compensation claims have been cumulative trauma, […]
On August 5, 2014, The US Department of Labor (DOL) announced that LinkedIn has agreed to pay $6M ($3.3M in actual back wages, $2.5M in damages) following an investigation of unpaid overtime. However, the issue at hand was not the classic question of exempt versus non-exempt status, but one of recordkeeping. In 2004, Electronic Arts […]
Self-funding vs. Fully Insured: Weighing Options for Employee Health Benefits Employee health benefits are an important aspect of every thriving business, and one of the keys to attracting and retaining top talent. They’re also one of the most costly expenses a company will incur. As rates have skyrocketed, many employers are struggling to manage the […]
Each side is claiming victory after the Supreme Court’s ruling of Halliburton v. Erica P. John Fund. The Court ruled that corporations have the chance to fend off class certification of a securities class action suit, with evidence that their stock price was not affected by their misrepresentation. We first blogged about Halliburton in January […]
Fastest Growing Private Companies: What you should know about expansion to the UK, Part IV Expanding across the globe is an important growth strategy for many companies – and the United Kingdom is a highly desirable place for businesses to pursue new opportunities. Unfortunately, it isn’t quite as easy as opening up an office; every […]
Are you ready for Sunshine? Surrounding a company with great partners and advice to mitigate risk in advance of potential litigation is often the best strategy to address the total cost of risk. Carolyn Bruguera, Esq. from R-Squared Services & Solutions, Inc., consults with companies on best practices with respect to the Sunshine Act, and […]
For years, the insurance industry has been pitching standalone Side A DIC coverage to protect company boards. The policy remains a highly profitable product line for carriers due to extremely low claim payouts. The original idea behind buying Side A on a standalone basis was since the entity is not an Insured under the Side […]
Are you on the bus? What to know about employee transportation services Bus travel has long been a major part of the American transportation system. From Greyhound to Green Tortoise, buses have provided an inexpensive way to get from point A to point B. Charter buses began as a way for companies to accommodate city-dwelling […]
HR professionals know that retirement benefits are the cornerstone of a strong employee recruitment and retention strategy. But helping employees construct a 401k portfolio is a complicated task. Large caps, small caps, international, fixed income, growth and value oriented funds – these are just some of the choices an employee has to make when picking […]
Many organizations allocate a large percentage of their healthcare dollars to high-risk employees. But is that the best approach? Research shows that building wellness programs for the whole employee population might be a better tactic. Proactive measures that extend to all employees can improve the health of entire organizations, both physically and financially. By changing […]
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