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Category: budgets
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Federal Employment Law Update – May 2018 | PA Benefit Firm
Electronic Submission of Injury and Illness Records to OSHA for Tracking The federal Occupational Safety and Health Administration (OSHA) announced that establishments with 250 or more employees that are currently required to keep OSHA injury and illness records, and establishments with 20–249 employees that are classified in certain industries with historically high rates of occupational injuries and…
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Higher Satisfaction Through Higher Education | Pennsylvania Benefit Brokers
When evaluating employee benefits, essentials such as health and dental plans, vacation time and 401(k) contributions quickly come to mind. Another benefit employers should consider involves subsidizing learning as well as ambitions. Grants and reimbursements toward advanced degrees and continuing education can be a smart investment for both employers and employees. Educational benefits are strongly…
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New Guidance on Tipped Wages | Pennsylvania Benefit Advisors
The 2,232-page budget spending bill that was signed by President Trump on March 23, 2018, included an amendment to the Fair Labor Standards Act (FLSA) prohibiting employers, managers, or supervisors from collecting or retaining tips made by employees, regardless of whether the employer takes a tip credit. This law essentially blocked the U.S. Department of…
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Price Shop Healthcare | PA Employee Benefit Brokers
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in benefits, budgets, Financial Planning, Financial Wellness, health, Health Care, Health Insurance, Health Insurance Providers, Health Savings Account, HRA, HSA, Insurance, Juvenile Life Insurance, Latest News, Medical Savinfgs Accounts, Medical Savings Accounts, Medicare, Pennsylvania, Philadelphia, WellnessAs the costs of health care soar, many consumers are looking for ways to control their medical spending. Also, with the rise of enrollment in high deductible health plans, consumers are paying for more health care out-of-pocket. From medical savings accounts to discount plans for prescriptions, patients are growing increasingly conscious of prices for their…
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Here’s Where #FOMO Is Doing You a Disservice | Duncansville Benefit Advisors
Fear of missing out—is more than just a hashtag. Many Millennials admit that #FOMO drives a lot of their decisions on what they wear, what they do, even what they eat and drink. We live in a world of social influence. But one area where #FOMO really does you a disservice? No one is afraid…
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Benefits Easy: Health Savings Accounts | Pennsylvania Benefit Consultants
Taking control of health care expenses is on the top of most people’s to-do list for 2018. The average premium increase for 2018 is 18% for Affordable Care Act (ACA) plans. So, how do you save money on health care when the costs seems to keep increasing faster than wage increases? One way is through…
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6 Ways to Keep the Flu from Sidelining Your Workplace | PA Benefit Brokers
This year’s flu season is a rough one. Although the predominant strains of this year’s influenza viruses were represented in the vaccine, they mutated, which decreased the effectiveness of the immunization. The flu then spread widely and quickly, and in addition, the symptoms were severe and deadly. The U.S. Centers for Disease Control and Prevention…
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Benefits of an Annual Exam | PA Benefit Consultants
Have you ever heard the proverb “Knowledge is power?” It means that knowledge is more powerful than just physical strength and with knowledge people can produce powerful results. This applies to your annual medical physical as well! The #1 goal of your annual exam is to GAIN KNOWLEDGE. Annual exams offer you and your doctor…
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Benefits Easy: Intro to Self-Funding | PA Benefit Consultants
As the first month of 2018 wraps up, companies have already begun the arduous task of submitting budgets and finding ways to cut costs for the new year. One of the most effective ways to combat increasing health care costs for companies is to move to a Self-Funded insurance plan. By paying for claims out-of-pocket…
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So Who Is a Paid Intern Now? | Pennsylvania Benefit Consultants
On January 5, 2018, the U.S. Department of Labor’s Wage and Hour Division (WHD) created new guidance for determining whether a worker could be classified as an unpaid intern under the federal Fair Labor Standards Act (FLSA). The FLSA requires “for-profit” employers to pay employees for their work. Interns, however, may not be classified as…
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