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In yesterday’s Advisor, consultant Carla McCormick offered tips for moving toward Value-Based Benefits Design (VBBD). Today, she offers a case study in VBBD plus we introduce a timely webinar on your 2014 Affordable Care Act obligations. McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held […]
Because 401(k)s are such an important benefit, employees are likely to have many questions about how the plan works and how they can make their money grow. Your supervisors should be able to field basic questions about your 401(k) plan and help employees learn what they need to know to make informed investment choices and […]
McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held recently in Las Vegas. Case Study in VBBD Some facts about the client: Global presence with more than 7,000 covered lives Employee population includes office staff, manufacturing, and drivers Average employee age: 45 years Very low […]
Well-written job descriptions can be a key component to ADA compliance. This is because the essential functions of the job come into play when determining reasonable accommodations for disabled individuals. This connection highlights the importance of really thinking through the essential functions and keeping them updated for every position. Let’s take a look at some […]
In yesterday’s CED, consultant Mary Anne Kennedy offered tips for making job descriptions a valuable tool; today, her take on legal issues related to job descriptions.
Dealing with employees suffering from depression is a delicate topic. The number of people seeking treatment for depression in the U.S. is now 27 million a year, and the CDC notes that the most likely groups to suffer from depression are adults in the 40 to 59 age range. With these statistics, most employers will […]
These days many people live well into their eighties, and some make it into their nineties. That means that many of your employees can expect to live 20 or more years in retirement. Financial experts say that to live comfortably during retirement, a person needs about 80 percent of his or her current wages. Social […]
What is VBBD? It’s about taking a comprehensive approach to helping employees to be healthier—and helping the company to save money. McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held recently in Las Vegas. What Are the Keys to VBBD? McCormick offers the following necessary […]
In today’s technological landscape, it’s becoming more and more common for employees to use personal devices while on the job—commonly referred to as BYOD (Bring Your Own Device). Employers often promote this practice because it reduces out-of-pocket expenses for the employer, since they no longer have to foot the bill to purchase new technology. However, […]
Where are benefits heading? To Value-Based Benefits Design (VBBD), says consultant Carla McCormick. If you are not evaluating VBBD for your company, you are ignoring large potential savings, she adds. What is VBBD? It’s about taking a comprehensive approach to helping employees be healthier—and helping the company save money. McCormick, a consultant with Fallon Benefits […]