Posts Tagged: Employee Benefits
401(k) & Taxation: 10 Things Employers Should Know

It used to be that setting up a 401K plan was a daunting task but in recent years plan sponsors have evolved and made plans a lot more user friendly. Recent research performed by Willis Towers Watson reported the following statistics: Around 40% of sponsors reduced the number[…]

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Paid Time Off: Arizona Employers Are Re-Thinking “Vacation”

Arizona’s warmer temperatures have arrived and with them comes vacation season. As employees begin putting in requests for time off employers may be interested to know that taking a sick day or requesting vacation is quickly becoming a thing of the past. In recent years, more employers are[…]

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3 Employer Strategies for Saving Big on Health Insurance

In Arizona, between 80-85% of an employer’s health insurance premium is used by the insurer to pay claims. Companies looking to make a serious dent in health insurance costs need to focus on solutions that help reduce the insurer’s claim spend. Here are the 3 areas that have the[…]

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Arizona Paid Sick Leave: 5 Tips for Employers

There are no federal laws currently in the United States that require employers to provide paid sick leave for their employees. However as a growing trend, states across the country are continuing to enact their own paid sick leave laws. In recent years, 10 states and the District[…]

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IRS Announces Increase to Employer Penalties in 2019

If you’re a large employer, meaning one who employs more than 50 full time equivalents, then by now you are very familiar with the laws surrounding the IRS requirement to offer affordable health insurance to full time employees. Beginning in 2014, the IRS issued a mandate requiring all[…]

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Improving Performance: 3 Things Successful Companies Do Well

As we enter into 4th quarter and wind down 2018, many companies will take inventory of their goals, assessing where they achieved and where they fell short. Each brand new year is an opportunity to get better. Think of your business as a game of Monopoly. Strategy is[…]

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Fighting Fraud: #1 Way Employees Abuse Employer Health Insurance

With health care costs continuing to rise, many employers are looking for additional ways to cut costs. Making sure your health plan covers only those who are eligible can be a significant cost saver. How can you do this? A dependent eligibility audit may be an option. Employers[…]

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Surviving the Labor Shortage: 6 Rules for Employers

As of today, there are 146 days left in 2018. January 1 renewals are typically issued 90 days in advance, which leaves employers 6 weeks between now and then to improve their benefit strategy for 2019. As the economy grows stronger and employers find themselves competing even harder[…]

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