Compliance Webinar | Planning for Mergers and Acquisitions

In today’s business environment, companies are frequently bought or sold.  Transactions can be structured as a stock sale, an asset sale, a merger of two companies who are forming a separate company, or a “spin-off” in which a part of an operating unit is separated from the former company and a new company is formed.  […]

Creating a Stigma-Free Workplace: 6 Tips to Improve Mental Health

Although society has made significant strides in recent years to remove the negative association surrounding mental health, research shows many employees will not seek mental health visits due to the stigma and confusion around what mental health entails. In some cases, employees will delay seeking treatment for months or years. The National Alliance on Mental […]

Why Human Resources Departments Should Consider Text Messaging

Employee Benefits can be complicated, but it’s essential that they’re understood. It’s why human resources departments are always on the lookout for new forms of communications—for benefits to be chosen and implemented successfully, employees need to know the ins and outs of their offered healthcare plans and retirement options. Text messages allow HR departments to […]

Recruitment and Retention: Say Hello to the New Workforce

We are rapidly approaching a tipping point in the American workforce. Baby Boomers are retiring en masse, giving Gen Xers and Millennials an unprecedented opportunity for career advancement. At the same time, the oldest members of Gen Z are graduating college and filling entry-level positions. The future of many companies is dependent upon hiring and […]

Environmental Wellness Could Affect Employee Performance

What responsibility does an organization have for the health of their employees? The answer is unique to individual companies, but those who take on a greater role in encouraging an active and fit lifestyle through wellness may see better performance and lower insurance costs. Traditional wellness programs provide health screenings and participation or outcome-based programs, […]

Compliance Webinar | Medicare: a Timeless Topic

In 2018 an estimated 36 million workers, or about 23% of the US labor force, continued working past age 65, according to recent data published by the US Dept. of Labor’s Bureau of Labor Statistics (BLS). By 2024, baby boomers (born between 1946 and 1964) will reach ages 60 to 78, many of whom will […]

Compliance Webinar: FMLA and its Impact on Health and Welfare Benefits

The Family and Medical Leave Act (FMLA) has been around since 1995.  On February 6, 2013, the United States Department of Labor (DOL) published final regulations that expanded the protections under the FMLA.  Although many employers understand the job protection aspect of FMLA, protecting and maintaining employee welfare benefits during FMLA leave can be just […]

Quick Reference Guide: 2018 ACA Employer Reporting Requirements

The Hays Research and Compliance Team has assembled a quick reference guide for 2018 calendar year reporting. This guide is specifically relating to 2018 ACA Employer Reporting Requirements.   Section 6055 & 6056 Reporting Non-ALEs sponsoring insured plans are not required to report under either Section 6055 or Section 6056   Forms Forms 1094-A & […]

3 Simple Steps to Tidy Up Your Benefits Communications (Marie Kondo Style)

There’s a reason Marie Kondo’s Netflix Series, Tidying Up, is the first bingeable sensation of 2019. It’s fun to watch other people wade through years of collected items, but there’s also an underlying current of shared understanding—that feeling of being so overwhelmed that you simply don’t know where to begin. If you’ve ever felt that […]

Compliance Webinar | Employer Reporting: a 1094-C and 1095-C Refresher

2018 marks the fourth year for which Applicable Large Employers (ALEs) must report offers of health coverage to full-time employees to the IRS on Form 1094-C and provide Employee Statements (Form 1095-C). The deadline for providing Form 1095 to employees is March 4, 2019. Employers must file Form 1094-C and copies of Form 1095-C by […]