Ep 71 – Importance of Compliance with Employers Insurance Benefits

Workology

The topic of compliance in employer benefits is of growing importance, due in part to the new reporting requirements under the Affordable Care Act, and because several benefit administration companies have recently been questioned about reporting, licensing and compliance issues. Episode 71: Navigating the Changing World of Employers Insurance Benefits, Programs and Brokers. Company insurance and benefit brokers often get a bad rap.

Fired Compliance Officer Strikes Back – Is Awarded $51 Million for Doing So

Sklover Working Wisdom

ACTUAL CASE HISTORY : John Slowik, the former Chief Compliance Officer of Olympus America, Inc., Slowik had worked for Olympus for 18 years, starting as a finance manager, and through a series of promotions, in February, 2009 was appointed Olympus’s first-ever Chief Compliance Officer. He had no healthcare compliance background, and had only one employee, who also had no compliance background. Begin compliance training for all employees.

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Six Questions to Ask Your Insurance and Benefits Broker

Workology

Your company’s insurance and benefits offerings are the second largest company employee expense outside of your employee payroll expense. They have to be a partner, planner and communicator working on behalf of and the best interest of the companies who rely on them for employee benefit program communication, benefit compliance changes and recommendations for new plan offerings that better suit the company’s unique employee and also business needs.

Thinking of Starting an Offshore E-Commerce Business? Here are the Benefits

Jobacle

Marketing on the other hand will require you to devise a completely new strategy but there are so many benefits with offshore e-commerce that if executed correctly, your business could thrive in a way you never thought possible. Benefits of Starting an Offshore E-Commerce Business.

2020 141

Top 20 Benefits Of Applicant Tracking System (ATS)

Recruit CRM

Benefits of Applicant Tracking System For Agency Recruiters. Benefits of using an Applicant Tracking System. GetApp , a comparison site for small business software, found that respondents who used an applicant tracking system (ATS) were seeing clear benefits — 86.1%

2020 97

How AI is Helping the Financial Sector Cover Regulatory and Compliance?

Imarticus Learning

From sales management to compliance and protection against cybercrime, here is everything you need to know about AI. From regulatory compliance to consumer insights, AI is changing the way the Fintech industry functions. One of the most important aspects of the financial industry is regulatory compliance and cybersecurity. Regulatory Compliance. The post How AI is Helping the Financial Sector Cover Regulatory and Compliance? Synopsis.

What Zenefits Teaches Us About the Limits of Disruption

Workology

The trouble, as it always does, came in the form of compliance. In Zenefits’ case, compliance with insurance broker training rules. ” Zenefits has been in trouble over the last year thanks to a series of investigations into its compliance with insurance regulations. In a memo to employees about the management change, Sacks didn’t dance around the company’s issues when it comes to regulatory compliance. HR benefits compliance disruption tech zenefits

2016 55

If You Have Humans, You Need Human Resources

Workology

Compliance. And compliance? I’ve written before about the downside of relying wholly on software packages and startups for compliance and the importance of employee development is an incredibly common topic here on B4J. Recruiting, compliance and development are all part and parcel of company culture, employee and company success, and limiting legal liability. HR compliance diversity in tech end of hr importance of hr small business hr

2016 56

Affirm Is Defining A New Remote-First Work Culture

Career Realism

Affirm went all in on this change, which included a drastic shift in the benefits the company offers to employees. Affirm is a growing company that has fully embraced the remote-first work environment.

2021 52

What to Expect When They’re Expecting

Workology

If you are not well versed on either piece of legislation I would recommend brushing up with FMLA , FLSA , and Nursing Mothers , using a checklist or guide , looking for CE opportunities or seminars, and then discussing with your legal department regarding compliance. The old adage of “It takes a village to raise a child” has never been more true (even if the “village” looks a little different nowadays) and many of us have already made use of the many benefits available in this area.

2015 99

HR Best Practices: Going Beyond Minimum Requirements

Workology

For HR professionals, this means regularly reviewing employee handbooks and policies and making updates to remain in compliance. In the case of the sick leave law, if you already have a PTO plan, you may just need to make a few adjustments to be in compliance. While some may see compliance as a nuisance, in reality implementing changes could actually make your workplace better for employees. Providing Excellent Benefits. Every year brings changes to employment laws.

2015 104

How Can Corporate Social Responsibility Help a Business?

Career Alley

Doing so can have many benefits for a business. A company can also benefit from CSR policies that focus on environmental compliance. This compliance might take the form of having a strict recycling policy, as well as a push to use alternative and renewable energy sources within operations. Corporate Social Responsibility represents an important part of a business strategy.

2012 215

Career Profile: Human Resources Manager

Careers Done Write

This involves management of staffing strategies, recruitment, compensation and benefits, training and development, employee welfare, regulatory compliance (such as EEO), and labor relations. The increase is expected because of new legislation that impacts various aspects of human resources, including benefits, healthcare plans, and family leave requirements. Have you considered a career as a human resource manager?

2011 131

3 Neglected, But Simple, Personal (Social) Branding Strategies

Executive Career Brand

Here are a few examples of good LinkedIn Professional Headlines: Senior Change Management Executive – Operational Excellence, Performance Management, Risk Mitigation, Compliance. Senior Change Management Executive“Operational excellence – results through strong leadership”Performance Management | Strategy & Planning | Organizational Structure & Process Management | Talent Development & Team-Building | Risk Mitigation | Regulatory Compliance.

2017 201

Employees Are Quitting Jobs Because of Affordable Care Act in 2014

Workology

Learn more about changes and recent court decisions as it relates to employer compliance and the ACA. Welcome to the new employee benefit insurance world, courtesy of our friends the ACA. Essentially employers with 50 or more employees are required to provide benefits to their employees as part of the ACA which began January 1, 2014. Benefits are available. The expense and cost of employers offering those benefits is still being debated. 4) Health Benefits.

2014 124

Is Your Small Business Breaking Labor Laws? 5 Mistakes to Avoid

Jobacle

But it’s still your responsibility to know which federal, state and local labor laws apply to you and to stay in compliance with them. Some small business owners think it’ll be easier and cheaper to classify their employees as independent contractors, so they don’t have to pay payroll taxes or cover benefits like disability and paid leave. You’re a small business owner, not an employment attorney.

2019 109

Why HR is Important for Small Businesses

Workology

At its most basic level, HR for small businesses encompasses compliance with applicable labor laws, hiring and creating a channel for dealing with employee issues. Benefits also fall under the HR umbrella. Compliance and dealing with employee issues are probably the two most challenging areas for a small business. HR includes understanding all the laws and regulations, so you know how to handle everything from benefits to difficult employee issues.

2014 119

All Things Employee Onboarding

The Corporate Con/noisseur

We’re going to discuss all things employee onboarding and its benefits. In addition to the plethora of reasons listed above, employee onboarding can have additional benefits to both the organization and the employee. All Things Employee Onboarding.

2020 52

Second Chance for Job Seekers with Good Hire

Competitive Resumes

More than 30,000 employers rely on their skilled compliance experts, helpful US-based customer service reps, and customizable technology to build teams based on trust, safety, and fairness. The ex-offender especially benefits because they can add a personal narrative to their results. More than 30,000 employers rely on their skilled compliance experts, helpful US-based customer service reps, and customizable technology to build teams based on trust, safety, and fairness.

2016 155

Outsourcing in Response to Business Transformations: 3 Tips for Success

Evil HR Lady

For instance, do you have a unionized workforce, which can mean different benefits packages that must be managed? If you’re located across multiple states (or intend to expand into multiple states), can this outsourcer ensure compliance with all state laws? Often, organizations consider outsourcing in response to business transformations an unpleasant choice, but that doesn’t have to be the case.

2016 109

What is Human Resources (HR)?

Workology

1) Employee Benefits – they manage everything from your open enrollment to the various instances throughout the year that require the benefit selection. They manage the midterm benefit selection changes due to the major life events of your employees. 2) Compliance – many non HR folks don’t realize the extent of compliance within their organization. Human resources is probably the best kept secret at your company.

2015 113

What are Resume Keywords?

Career Solvers

SEC Registration/Compliance. EEO and I-9 Compliance. Benefits Design/Administration. We’ve all searched for something online by typing in a word or phrase that closely resembles the type of information we are looking for. We find information and make decisions about products and services via these types of searches. Employers use a similar method to find the applicants that best match their open positions.

2011 70

Why Carbon Neutral Certification and environmental policies are a must for 21st century

Ms. Career Girl

By implementing this and similar environmental policies, you can market your brand as a socially responsible entity while also accessing a number of additional benefits and advantages. With this in mind, let’s consider the core benefits of achieving carbon neutrality and implementing other sustainability measures: – . Avoid Future Compliance Issues. . The post Why Carbon Neutral Certification and environmental policies are a must for 21st century appeared first on Ms.

The New Job Chronicles – The First Day!

Career Alley

The benefits guide is 50 pages long (okay, 20 of those pages list doctors in the plan). No way I can possibly read the entire 180 page compliance manual, so I will take a leap of faith that it is substantially the same as the compliance manuals I’ve read at my (many) previous jobs. Information Systems Security Jobs: Benefits and Challenges. “Well,” said Pooh, “what I like best,” and then he had to stop and think.

2012 207

Second Chance for Job Seekers with GoodHire

Competitive Resumes

More than 30,000 employers rely on their skilled compliance experts, helpful US-based customer service reps, and customizable technology to build teams based on trust, safety, and fairness. The ex-offender especially benefits because they can add a personal narrative to their results. More than 30,000 employers rely on their skilled compliance experts, helpful US-based customer service reps, and customizable technology to build teams based on trust, safety, and fairness.

2016 142

Looking For Aadhaar Alternatives in the Wake of Supreme Court Ruling

Imarticus Learning

The majority of judges agreed that the Aadhaar had indeed too many benefits. FinTech sector into confusion over Know Your Customer-KYC compliance. Electronic financial services companies are guessing how to apply the KYC compliance. RBI to shortly issue guidelines to clarify Aadhar verification and KYC compliance.

2018 40

The Most Interesting Career Options With a Law Degree That You Haven’t Thought Of

Career Alley

Compliance officers in banks and corporations are often non-practicing attorneys. Although employment at an insurance company is not a glamorous career choice, many law school graduates appreciate the steady hours and benefits offered to employees of insurance companies.??Law Most students go to law school to become an attorney. In the present economy, it is difficult for many new law school graduates to obtain employment a lawyer.

2013 220

Dealing with Workplace Harassment – A Simpler Approach

Ms. Career Girl

Instead of focusing on compliance or claim prevention, employers should strive to create a culture of inclusiveness and diversity grounded in mutual respect. The benefits are undeniable and well-rooted. Jared is also an experienced ERISA, HR and Benefits attorney and entrepreneur who focuses on efficient, simplified business solutions.

2019 118

Top 5 #Workplace Blogs of the Week

Workology

ACA Compliance – HR, You’re in Trouble : ACA is one of the scariest things to practitioners and CEOs of a company. Brian Hassan of Bay Point Benefits asks one of the questions we think, but don’t speak about, Are you over-clouded?! Each week Blogging4Jobs brings you the Top 5 Blogs in the #Workplace. These blogs come from all across the internet and highlight important topics being discussed in the space.

2014 99

Episode 11 – HR for Small Business with Stephanie Hammerwold

Workology

On today’s Workology Podcast I talked with Stephanie Hammerwold, an HR consultant who works with small businesses helping to navigate workplace compliance, HR and employment law. Stephanie suggests some ways to measure success and justify the benefits of human resources at work. Creative Approaches to Benefits for Small Business. Small Business HR Products We’ve Recently Reviewed: TriNet and BayPoint Benefits .

2014 95

Increasing Disability Employment in the Workplace

Workology

Not only do employers gain dedicated and passionate employees, they often receive tax credits or breaks from the government, among other benefits. The first step is to recognize the many benefits to hiring people with disabilities. Compliance with disability legislation. Hiring people with disabilities can provide many tax benefits to the business including: The Work Opportunity Tax Credit, Disabled Access Credit, Barrier Removal Tax Deduction and more.

2015 117

2020 Best Practices in Workforce Management

Water Cooler Wisdom

Administrative automation can streamline your payroll process to ensure timely and accurate payments, file the appropriate taxes, and minimize compliance risk. It can also simplify your compensation management for greater visibility and governance and help you keep up with Affordable Care Act (ACA) compliance with enhanced benefits administration, reporting, and auditing. The global workforce today is anything but static.

2020 40

Promising Conventional Careers 2011: Administration, Health, and Records

Career Key

If you're a Conventional personality type , employers are looking for your structured, orderly approach to records, numbers or machines in many promising careers. Administrative careers involving mathematical detail or the ability to work well with material or records processing systems are in demand. In the last post of this 6 part series, Promising 2011 Careers that Match Your Personality , we list occupations compatible with the Conventional Holland personality type.

2011 119

Online Hiring Expected To Double In 2012

Resume Bear

top benefits of working online are schedule control (90%), following passions (87%), and eliminate a commute (85%). Predictions for online work in 2010 include the rise of the virtual workplace, exporting professional services to other parts of the globe, and the importance of compliance when adopting the contingent workforce. The rise of the Internet has brought a lot of revolutionary changes to the workforce — social media, Google, and now online employment.

2012 210

Five End-Of-Year Hacks for Small Business HR

Workology

It’s more than just the Summary of Benefits or Master Contract – this is a unique, ERISA compliant document, that contains the important facts your employees need to know about their retirement and health benefits. Don’t let impending Affordable Care Act compliance deliver an unexpected blow to your fringe rate. Employee benefits are expensive, but worth it.

2014 98

5 Things You Should Expect from a Manual Labor Job

Ms. Career Girl

Manual labor positions demand considerable physical exertion, which can be a benefit compared to the standard office job. Your brain also benefits from constant body movement. Working for a company that’s conscientious about its safety compliance will help you avoid a debilitating accident, but on occasion, nothing can be done to prevent one. This will prove to be a benefit no matter where you go in your career.

2017 109

The Importance of Financial Risk Management

Imarticus Learning

This enables firms to act quickly and wisely to capitalize on benefits in good time– naturally, any profitable investment will also benefit stakeholders. Internal risks include security breaches, non-compliance, and information leaks. Managing financial risk is an essential component of any successful business.

2019 52

Seven Short Q & A’s on Sunday

Sklover Working Wisdom

Question 1: What should I do if, after being relieved of my daily duties, I learn of what seems a compliance breach? That seems to be a compliance breach since not all of my work files fall under her privilege, and they are not relevant to her work responsibilities. Cheryl, while you have been relieved of your “routine duties” I don’t think you’ve been relieved of reporting what you believe, in good faith, may be a compliance breach. Can I be fired for non-compliance?

2011 116

Do New Paid Sick Time Laws Affect You?

Water Cooler Wisdom

This year is shaping up to be an interesting one for HR compliance. Paid sick leave is another benefit that most develop countries provide to workers but the U.S. The most buzz, it seems, is occurring around paid sick leave. In his 2015 State of the Union address , President Obama asked the U.S. Congress to pass national legislation granting American workers the right to paid sick days when they or their family members get sick, or to deal with sexual assault and domestic abuse.

2016 43

Are you over-clouded? #HRTechConf

Workology

But what about something like employee benefits? Employee benefits, often the second largest recurring cost for a business, are far from predictable or one-size-fits-all. Employee benefits management represents the hybrid of the cloud future. Benefits are the same: companies can and should find a broker with their tools – but not their head – in the cloud. Don’t know who to call with a COBRA compliance question. The cloud.

2014 100

Behind the Scenes of the Employee Monitoring Debate

Water Cooler Wisdom

Compliance with regulations such as the Affordable Care Act now involves understanding exactly how many hours full-time and part-time employees are working so that organizations can accurately  classify  them and determine benefit eligibility. Last summer, I wrote about a Rackspace/University of London study that assessed  productivity levels  in 120 employees outfitted with wearable monitoring technology.

2015 58

Scope of Investment Banking in the Next Five Years

Imarticus Learning

Processes linked to regulation, compliance and due diligence will be streamlined through the likes of AI and automation. In addition to these, refining the communication and presentation skills will also benefit immensely. Investment Banking is certainly an up-and-coming career option that is increasingly widespread among the youth in India.

The Next Generation of Employee Monitoring

Water Cooler Wisdom

Compliance with regulations such as the Affordable Care Act now involves understanding exactly how many hours full-time and part-time employees are working so that organizations can accurately  classify  them and determine benefit eligibility. Last summer, I wrote about a Rackspace/University of London study that assessed  productivity levels  in 120 employees outfitted with wearable monitoring technology.

2015 54