As CFOs are well aware, employment laws seem to favor workers against their employers, and they often cost firms money. But that’s not always the case.
Finance chiefs want to know the Return on Investment (ROI) of each and every initiative the company rolls out. But when it comes to wellness, the ROI isn’t so easy to calculate.
Just a few short years ago, the idea of incorporating financial elements in a company-sponsored wellness program was a foreign concept for most firms.
Even if all of your employees are enrolled in your retirement plan, chances are most of them aren’t on pace to retire on schedule.
In many cases, biometric screenings are still the single most important part of successful wellness and health-management programs. And successful wellness programs can cut your firm’s healthcare spending.
Wellness programs have helped many companies save money — and cost some a small fortune.
Convincing certain staffers to change their heart-attack-waiting-to-happen lifestyles is a daunting task. But before you go cramming a wellness program down employees’ throats, try these subtle approaches.
Finance chiefs are being asked to pay more attention to their companies’ 401(k) plans than ever before. And in some cases, they can even be held personally responsible if the investments aren’t in employees’ best interests.
These days, 401(k) education is an absolute must for employees. For many workers, their 401(k) is their main (and sometimes only) retirement savings vehicle.
It seems like more and more companies are offering their employees some type of financial wellness programs these days.
Due to rapidly rising costs, benefits brokers are more important than ever. So how can CFOs be sure they have the right broker for their unique needs?
One of Finance’s biggest concerns about workplace wellness programs is the fact that it’s difficult (if not impossible) to determine the dollars-and-cents Return On Investment (ROI). As a result, employers are turning to another metric to gauge the overall success of their wellness programs.
The formal draft of a Republican plan to repeal and replace Obamacare that was leaked to the public is likely to look a lot different when it’s finalized. Still, it gives CFOs a good indication of what the GOP wants to do.
The numbers are in — more employees are focused on retirement. Too bad they’re not prepared for it.
Your payroll staffers are going to be busier than usual! The Department of Labor (DOL) just announced it’s updating the Fair Labor Standards Act regs that control the regular rate of pay.
Heads up: You may have to adjust your wellness program participation incentives following some new guidance from the feds.
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