Erring on the high side when choosing a 401(k) savings default-contribution rate won’t likely discourage employees from participating in the plan, new research suggests. Plan sponsors’ experiences back up this finding. Setting default rates between 7 percent and 10 percent did not result in lower enrollment when compared to a 6 percent control rate.
Push 401(k) Default Savings Rates Higher, Researchers and Plan Sponsors Agree
Milwaukee Area Employment Law Attorney: 200 South Executive Drive, Suite 101 Brookfield, WI 53005 Phone: 262-241-8444
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What’s Next for Health Care Legislation?
Janet L. Heins|Health Care Reform, Health Reimbursement Accounts (HRAs), Health Savings Accounts (HSAs), Influencing Government Policy, News, Benefits, Compensation, Equal Pay, Pay
Republicans are no longer expected to make big changes in the Affordable Care Act (ACA). But bipartisan legislation streamlining...
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What Happens If Tax Reform Scuttles Employers' Deduction for Commuting Benefits?
Janet L. Heins|Benefits and Taxation, Critical Evaluation, News, Benefits, Compensation, Equal Pay, Pay
Employees like receiving subsidies from their employers to defray commuting and parking costs, but tax reform—if enacted—could transform this...
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Paid Family Leave Arrives Soon to New York
Janet L. Heins|Critical Evaluation, New York, News, Paid Time Off (PTO), Benefits, Compensation, Equal Pay, Pay
New York is about to have one of the most comprehensive paid-family-leave laws in the country. The benefits will...
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How Do Pregnancy and Baby-Bonding Leave Laws Interact in California?
Janet L. Heins|California, Family and Medical Leave, News, Benefits, Compensation, Equal Pay, Pay
California’s myriad leave laws can make it difficult for employers to understand workers’ eligibility for time off—particularly when it...
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Are Employers Required to Give Workers Meal and Rest Breaks?
Janet L. Heins|Compensation Compliance, News, Policies and Practices, Benefits, Compensation, Equal Pay, Pay
Employers may have a difficult time figuring out which employees are entitled to take meal and rest breaks and...
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Estée Lauder, EEOC Agree to Settle Paid-Child-Bonding-Leave Case
Janet L. Heins|Family and Medical Leave, Gender, News, Benefits, Compensation, Equal Pay, Pay
The Equal Employment Opportunity Commission is scrutinizing paid-child-bonding-leave policies closely, particularly those that distinguish between primary and secondary caregivers,...
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FMLA: A Primer for HR
Janet L. Heins|Family and Medical Leave, News, Benefits, Compensation, Equal Pay, Pay
The Family and Medical Leave Act is complex, but it is manageable when HR develops robust policies, trains managers...
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Workers Pay More of Rising Health Costs
Janet L. Heins|Benefits Communication, Communication, Health Care Costs, News, Benefits, Compensation, Equal Pay, Pay
Premium renewal rates for employer-sponsored health plans rose an average of 6.6 percent in 2017—a significant increase—leavings employers to...
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H.E.L.P. – Heins Employment Law Practice Employee Rights Attorneys
200 South Executive Drive, Suite 101
Brookfield, WI 53005
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