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Compensation & Benefits

Tell young workers: You can fund retirement

03/05/2014
Here’s good news to pass along to younger workers in your organization: It is possible to fund a comfortable retirement—if you start contributing to your 401(k) now and commit to doing so throughout your career.

Benefits: 6 lessons from great places to work

03/04/2014
Your organization can’t compete with the blizzard of benefits—from on-site dry cleaning to gourmet meals—that helped Google top Fortune magazine’s new “100 Best Companies to Work For” list. But you can adopt some creative perks offered by the other 99 employers.

22 states already surpass federal minimum wage

03/04/2014
For all the recent talk about raising the national minimum wage to $10.10 per hour, it’s worth noting that 22 states already require pay higher than the current federal minimum of $7.25 per hour.

New rules proposed for excepted benefits

03/03/2014
Excepted benefits aren’t subject to the Affordable Care Act health care reform law. Proposed regulations would modify limited-scope dental and vision excepted benefits, create new wraparound coverage to group plans that would be considered excepted benefits and clarify Employee Assistance Plans.

ACA: Health benefit waiting periods capped at 90 days

02/28/2014
Employer-sponsored group health plans cannot impose waiting periods that exceed 90 days after an employee is otherwise eligible for insurance coverage under a final Affordable Care Act rule issued Feb. 20 by the Obama administration.

Researchers: ACA will improve incomes of poor

02/28/2014
The ACA will raise household incomes for the poorest fifth of Americans, while higher income groups will experience small losses, according to a new Brookings Institution study.

Noncompete buried in benefit plan? Admin sets the terms

02/28/2014
Are some of your benefits—such as bonuses or other merit payments at retirement or departure—contingent on complying with a covenant-not-to-complete? Chances are the benefits plan administrator—not a federal court—will be interpreting the terms.

Spring forward March 9, calculate pay accordingly

02/28/2014
Daylight-saving time begins at 2 a.m., March 9. Graveyard-shift workers, therefore, will actually work only seven hours that day. Here’s how to calculate their pay.

March 2014: Employer’s business tax calendar

02/28/2014
NOTE: Saturdays, Sundays and legal holidays as observed in the District of Columbia are taken into account to determine due dates. Under the federal deposit rules, you’re allowed a deposit shortfall of the greater of $100 or 2% of your tax liability.

6 great perks from Fortune’s ‘100 Best Companies to Work For’

02/27/2014

Google earned the top spot on this year’s Fortune magazine list of “100 Best Companies to Work For” in part because of its array of amazing benefits. But the other 99 companies on the magazine’s list offer great perks, too. Which of these might work in your organization?