Despite a constantly rising unemployment rate - the U.S. Department of Labor last reported it at 8.1 percent in February, compared with 6.2 percent in September of last year - some companies are bucking the trend and adding new staff.
While other benefits get the chop, employers are hanging on to wellness programs. A survey by Buck Consultants found 45 percent of respondents are increasing their wellness communications. "Our findings suggest that wellness has 'come
Fox Insurance Company has contracted with the National Association of Insurance Marketers to provide sales support for their new employer and union-sponsored retiree benefits product, employer group waiver plans. Fox will now be able to utilize
For the second consecutive year, John Hancock Life Insurance led the industry in long-term care insurance sales for 2008. The company earned a total of $177.8 million in new premiums to earn 23.3 percent share of the LTCI market. Last year the
To reach out to small business owners, Aflac is lowering the minimum worksite size requirement for its short-term disability policy from five full-time employees to three full-time employees. "We understand that small business owners want
Employers looking to cut costs and increase productivity can take advantage of a payroll time-saver, Employee Self Service. The feature from Perquest Inc. allows employees to check personal payroll information without having to go through human
While 401(k) participants haven't stopped contributing to their retirement accounts, the average rate of savings has declined by 1.6 percentage points, according to research from MassMutual. Older participants have made bigger cuts than their
Some states have turned to minimum loss ratios as a way to lower health insurance premiums, according to NAHU, however, they may not be the most effective way to lower the cost of health coverage. "The loss ratio refers to the percentage of
Employers who cut staff in an attempt to create a more efficient business may find the transition period equally challenging, according to a new white paper from Corporate Counseling Associates. The paper, "Some Swim Upstream: Executive and
Liberty Mutual has released a new report highlighting 10 best practices for reducing employee absences, based on findings from the 2008 Leadership Series -- Absence Management. The symposium, co-sponsored by the Disability Management Employer