We discuss what our clients and other employers are doing to manage risks, promote employee productivity and morale, reduce costs and improve their organizations as a whole.
Learn how some Midwest-based organizations must prepare to meet compliance obligations.
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Our clients are seeking input on which area warrants greater risk mitigation: ensuring fee reasonableness, or the use of proprietary funds in the core lineup. Find out which area wins this fiduciary slugfest.
Open enrollment is over, but issues with employees, carriers and other obligations have just begun. Here’s how to navigate some typical challenges.
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Tornadoes. Blizzards. Hail storms. Ice storms. Bad weather is just, well, bad. Not only is it annoying but it can really affect an organization's ability to function, especially if the workplace can’t open or employees can't get to it. But bad weather may not mean that payroll concerns stop being an issue.
Increased cybersecurity risks as tensions rise between the U.S. and Iran, the debut of a sophisticated new enterprise-targeting ransomware, and severe vulnerabilities threatening Windows 10 users are the big news items in this edition of Threat Intelligence.
Diabetic costs are often a huge cost driver and worrisome impending financial risk for employer-sponsored health plans. Plan members that do not manage their blood glucose can incur huge costs for an employer plan. This article aims to provide a more detailed and clinical perspective to how employers might understand and impact their diabetic spend.
Introducing our 2020 MarketPulse trend report, where we discuss what our clients and other employers are doing to manage risks, promote employee productivity and morale, reduce costs and improve their organizations as a whole. This year's trend study report focuses on strategies employers can use to respond to the constant changes and challenges they face today including exploring cost-saving options to combat increasing healthcare costs, offering financial wellness and benefits strategies to address employees' personal financial challenges and improve engagement and productivity, implementing strategies to effectively manage workplace injuries and reduce the overall cost of claims and responding to the risk of business disruption and ever-evolving cybersecurity threats. In addition to a discussion of each trend, you will find supporting materials at AssociatedBRC.com/MarketPulse.
Download the PDF: MarketPulse 2020
For many affluent individuals, the financial legacy they leave behind is an extremely important issue. Therefore, you want to make sure that nothing jeopardizes what you have worked so hard to achieve. Estate planning is more important now than ever. Because estate planning is about making sure your assets are distributed as you wish both now and after you are gone, you need to consider some important questions before you begin.
Managing multiple benefits offerings, complex enrollment processes, eligibility, and timely communications — all while ensuring compliance with various rules and regulations — is no small task for an HR or benefits administration department of any size. Given time and budget constraints, many public sector employers have been turning to benefits administration technology solutions to help simplify benefits enrollment and management, automate routine workflows, and ultimately save time and money.
The California Consumer Privacy Act (CCPA) is the most consequential privacy legislation the United States has seen and is often compared to the EU General Data Protection Regulation (GDPR) for its comprehensive approach to privacy protection, as well as the impact it will have on businesses worldwide. Many employers in the Midwest may not realize how their business may be impacted the CCPA. The act has a wide scope that may extend well beyond California, and major enforcement actions and class-action lawsuits can stem from CCPA noncompliance for employers nationwide.
The Department of Labor (DOL) has been busy bringing a number of changes into the new year. On September 24, 2019, the DOL issued its final rule increasing the minimum salary threshold for the so-called white-collar exemptions under the Fair Labor Standards Act (FLSA). More recently, the DOL issued a final rule revising its regulations concerning the regular rate of pay and t a final rule interpreting joint employer status under the FLSA.
While driving can be dangerous, there are many things employers can and should do to eliminate unnecessary injuries by reducing the factors within their control. In addition to having a comprehensive fleet safety program, employers can consider the following risk-management measures. Any efforts that reduce the risk of an accident are efforts worthy of your time. It is in everyone’s best interests for you to continuously evaluate ways to minimize these risks and protect people from unnecessary injury.
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