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In the coming weeks, Daylight Saving Time will come to an end, the employment provisions and the health insurance provisions of the Genetic Information Nondiscrimination Act will take effect, and Michelle’s Law will need to be complied with. CCH has put together a list of these and other upcoming effective dates that will effect HR.
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The IRS has issued a number of cost-of-living adjustments (COLAs) to various types of benefits, including long-term care insurance contracts, medical savings accounts (MSAs) and various transit benefits.
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For the first time since 1975, when Social Security benefits became indexed to increases in the Consumer Price Index, there will be no cost-of-living increase in Social Security benefits for the coming year. The lack of increase is the result of a 2.1 percent decline in the Consumer Price Index (CPI) over the past year.
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Bosses who are in over their heads are more likely to bully subordinates. That's because feelings of inadequacy trigger them to lash out at those around them, according to new research from the University of California, Berkeley, and the University of Southern California. In a new twist on the adage "power corrupts," researchers at UC Berkeley and USC have found a direct link among supervisors and upper management between self-perceived incompetence and aggression.
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As flu season is fast reaching its peak, public health messages urging flu prevention are taking hold among workers, with more than 70 percent saying they've changed their behavior, according to a Tell It Now(SM) survey released by ComPsych Corporation. "The workplace is an essential environment for encouraging people to stay healthy," said Dr. Richard A. Chaifetz, chairman and CEO of ComPsych. "While the survey results are a good indication that employees are responding to public health advice, employers should take note of the nearly 30 percent who are not inclined to change health behavior even in the face of a pandemic."
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As the open enrollment season comes into full swing, experts encourage workers to pay particularly close attention to benefit elections this year to help offset financial challenges brought on by the recession. One-in-four workers (25 percent) report that they don't pay attention to benefit changes, figuring the same benefits would roll over from the previous year or feeling that the whole process is too confusing. Fifteen percent of hiring managers estimate more than 10 percent of their employees miss annual open enrollment deadlines each year on average. One-third (34 percent) of human resource managers said missing open enrollment costs employees, on average, at least $500 in out-of-pocket expenses. Twenty percent reported that it costs employees more than $1,000 while 10 percent reported it costs employees more than $2,500.
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