Open enrollment season is upon us and many companies are choosing to host “virtual benefits fairs” instead of the traditional “walk and talk” fairs. Open enrollment meetings have turned into live streaming events or recorded webinars. Incentivizing employee participation in these areas can come in a variety of ways but the newest trend is gamification.
It’s the most wonderful time of the year. No, it’s not Christmas—it’s Open Enrollment!! When the autumn leaves fall and the weather turns cooler, we know it’s time to start thinking of open enrollment hype and meetings and meetings and meetings. So how do you change normal and ordinary communication about employee benefits and change
Right now our national unemployment rate is 3.7%–edging towards a 50-year low. With this low rate, companies are actually finding it increasingly harder to hire and retain great talent. One way to combat this issue is by increasing employee engagement through volunteering. In survey after survey, employees state that they want to work for companies
Volunteering Time Off, or VTO, has become a buzz topic for many companies as of late. It involves encouraging employees to take time off from their job to plug in to their community and the nonprofits that support it. Let’s delve in deeper to understand what VTO looks like. Typical VTO policies allot for 8
Question: Our company offers group medical and dental plans for all employees. We also have an executive-only medical plan that covers out-of-pocket expenses that the regular group plan does not pay. Does COBRA apply to the executive-only plan? Do we have to include it in our summary plan description (SPD)? Answer: The coverage continuation requirements of the
Employees who feel a sense of psychological safety at work are more likely to be engaged, productive and generating the innovative ideas needed to move an organization forward—but promoting that type of environment requires significant commitment on the part of the employer, a process that can be supported by HR leaders. At a session at last month’s Health
Question: Can an employee change a pretax plan election after the employer’s open enrollment window has closed but before the plan year has begun? Are there any potential downsides for allowing this? Answer: Yes, an employee may make a change to his or her benefit election after open enrollment has ended but before the plan year
As you look through enrollment options for 2019, remember to look back on 2018. Check out your spending on procedures and prescriptions, and which providers are in your network. This short video will give you some tips on how to plan forward for 2019.
It’s typical to have mixed feelings about the annual benefits open enrollment period. Dread for the additional administrative workload and potential benefits cost increases… Anticipation of newer, more attractive, and easier to administer plans… It makes for a fall season that causes many HR professionals and benefits brokers to drown their misery in pumpkin spice lattes.
Question: Can we require our employees to get flu shots? Answer: While there is no law that prohibits employers from mandating flu shots — and in some states, the law requires all healthcare workers to get flu shots — you should carefully determine if the benefits to your business outweigh the risks. There has been
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