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Tag: benefits
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Financial Goals For Every Decade Of Your Life | PA Financial Advisors
For most people, becoming an adult means hitting major milestones like finishing college, getting married, having children and buying a home. While everyone isn’t on the same path, setting financial targets can help you achieve your personal goals — whatever they may be. Here are 12 tips for making sure they become a reality: Financial…
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The FLSA Overtime Changes and Their Impact on Employee Benefits | PA Benefit Advisors
Most employers should be reviewing payroll budgets and job descriptions to ensure that changes to salaries and job classifications are all in order by the December 1 deadline based on the new overtime exempt salary threshold and other final rule changes to the Fair Labor Standards Act (FLSA). Another area that will be impacted by…
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How to Implement a Workplace Fitness Program | Pennsylvania Employee Benefits
Implementing a workplace fitness program at the office can help your company’s bottom line. A study by The American College of Occupational and Environmental Medicine, with results published in a 2008 issue of the “Journal of Occupational & Environmental Medicine,” found that employees who engaged in workplace wellness programs saved $176 to $182 on health…
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2016 VETS-4212 Filing Period Is Open | PA Benefit Advisors
Reminder: the VETS-4212 reporting cycle for 2016 is now open, and the filing deadline is September 30. Filing information is available on the Department of Labor’s Veterans’ Employment and Training Service (VETS) website. The Vietnam Era Veterans’ Readjustment Assistance Act of 1974 (VEVRAA) (located at 38 U.S.C. § 4212(d)), requires federal contractors and subcontractors subject…
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Pennsylvania Employment Law Update | PA Employee Benefits
Mandated Health Benefits – Oral Chemotherapy Medication On July 8, 2016, Pennsylvania Governor Tom Wolfe signed legislation (H.B. 60) regarding health insurance coverage for oral chemotherapy medications. Pursuant to the bill, whenever a health insurance policy provides coverage that includes coverage for intravenously administered or injected chemotherapy medications which have been approved by the U.S.…
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Supporting Your Employees During the Back-to-School Season | PA Benefit Advisors
As thoughts of changing weather and the impending holidays loom, September (and August, in many states) means back to school for employees with children. Don’t forget about your employees with college-age students, who may be driving them across the country to get set up in dorm rooms and ready to face life on a college…
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Guidance on Developing a Mentorship Program | Pennsylvania Employee Benefits
Question: What guidance or templates can you provide relevant to implementing a mentorship program? Answer: When considering the implementation of a mentoring program, there are many components that are critical to the foundation for success of the program. Specifically, what is the primary goal or objective of the program? Is the intent to onboard new employees…
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Guidance for Employers on the Zika Virus | Pennsylvania Benefit Advisors
Within the past few days, the Centers for Disease Control and Prevention have confirmed the transmission of the Zika virus by mosquitoes to individuals in Miami-Dade and Broward counties in Florida. Before this confirmation, the virus had been spread in the United States only through sexual transmission. The news of the spread of the virus by…
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Health Insurance Industry Terms You Need To Know | PA Employee Benefits
With the ever increasing amount of regulations in the Health Insurance industry – the amount of acronyms is rising rapidly. If you don’t follow the latest news religiously, then you could find yourself M.O. (missing out!). Even if you are a seasoned “insurance chooser” – some of the more common terminology could be just as…
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FAQs about COBRA | PA Employee Benefits
Abridged from www.dol.gov Question: Who is entitled to continuation coverage under COBRA? In order to be entitled to elect COBRA continuation coverage, your group health plan must be covered by COBRA; a qualifying event must occur; and you must be a qualified beneficiary for that event. Plan Coverage – COBRA covers group health plans sponsored…
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