Category: Aisling University Employee Benefits Newsletters

Updated 2015 Pay or Play Penalty Calculators Now Available

The Pay or Play Penalty Calculators in your online Client Resource Center have been updated to include the inflation-adjusted penalty amounts for 2015. There are two separate calculators for 2015, depending on an employer’s number of full-time employees (including full-time equivalents): Penalty Calculator for Employers With 50 to 99 Full-Time Employees Penalty Calculator for Employers […]

8 Topics to Include in Your Employee Handbook

An employee handbook is an important tool you can use to effectively communicate information regarding your company’s policies, practices, and employee benefits. As a starting point, the U.S. Small Business Administration (SBA) suggests including the following 8 topics: 1. General Employment Information Provide a general overview of your business and lay out the company’s basic […]

Employment-Based Wellness Programs Require Careful Design

Employers that offer certain programs designed to improve employee health must be mindful that such programs are subject to a number of different laws–and as recent guidance makes clear, compliance with one law does not necessarily mean that a wellness program will comply with other federal (or state) requirements.   Wellness Programs and HIPAA Nondiscrimination […]

New Proposed Definition of "Fiduciary" for Retirement Plans

A new proposed rule would expand the number of persons who are subject to fiduciary standards when providing retirement investment advice. Among other responsibilities, fiduciaries are required by law to act impartially, provide advice that is in plan sponsors’ and plan participants’ best interests, and are not permitted to receive payments creating conflicts of interest […]

New Proposed Definition of “Fiduciary” for Retirement Plans

A new proposed rule would expand the number of persons who are subject to fiduciary standards when providing retirement investment advice. Among other responsibilities, fiduciaries are required by law to act impartially, provide advice that is in plan sponsors’ and plan participants’ best interests, and are not permitted to receive payments creating conflicts of interest […]

Retaliation Tops List of Employment Discrimination Complaints

Retaliation, race discrimination, and sex discrimination were the most commonly filed complaints with the U.S. Equal Employment Opportunity Commission (EEOC) last year. Under the law, it is illegal to fire, demote, harass, or otherwise “retaliate” against an individual for complaining about or filing a charge of discrimination, or for participating in an employment discrimination proceeding […]

New Hire Onboarding Checklist

New employee orientation (also called “onboarding”) introduces new employees to the workplace and familiarizes them with some of the company’s basic practices. Onboarding should be conducted as soon after an employee’s start date as possible. Some of the topics you may wish to cover include: Welcome. Give your new employee a brief tour of the […]

Tips to Lower Your Risk of a Group Health Plan Audit

The U.S. Department of Labor (DOL) has been increasing audits of employee welfare benefit plans–including group health plans–sponsored by companies of every size. An audit can happen at any time, so it’s important to stay on top of compliance. The checklist below can help you prevent and be prepared for a DOL audit. Maintain all […]

Rule Change Allows More Time to Provide Annual Disclosures to Employees in 401(k)-Type Retirement Plans

A new rule issued by the U.S. Employee Benefits Security Administration (EBSA) changes the requirement that annual disclosures for participant-directed individual account plans (e.g., 401(k) plans) be made at least once in any 12-month period to at least once in any 14-month period. The requirement that administrators of 401(k)-type plans disclose annually certain information about […]