With an unlimited budget it’s easy to offer an employee benefit program that puts you a cut above your competition. Unfortunately, unlimited budgets are often not a reality, and employers have to balance the needs of the organization, employees and budget when designing their benefit offerings.
We partner with you to understand your mission, corporate culture, demographics and budget, in order to connect your benefits strategy to them. Our process identifies not just cost advantages but also behavioral changes that take place when you alter your plan design. We compare trends in cost, utilization and population health to help you create a healthier, more productive workforce.
Through surveys you will know what benefits matter most to your employees. You won’t waste dollars on premiums, paying for services that are not valued by your employees. The result is a complete benefits strategy that stems the tide of rising costs and improves employee engagement — all making you an employer of choice.
Paid time off (PTO) is one of the employee benefits that employees value most. The pandemic, however, upset many employees’ PTO plans due to travel restrictions and the cancellation of trips and family gatherings. It has also raised numerous questions among employers around the issues of unused PTO, PTO donation, PTO use during furloughs, and unlimited PTO programs. This article provides some thoughts on these issues as well as the compliance traps employers will want to watch out for.
At USI, we’re dedicated to helping you stay abreast of fast-changing legislative and regulatory developments and guidance related to health and welfare plans that could impact your business. USI's national Employee Benefits Compliance team shares the Compliance Updates that have occurred over the past quarter.
It’s that time of year again when employers subject to OSHA’s recordkeeping rule are required to post a signed copy of their Form 300A in a location accessible to employees by February 1. Despite this annual obligation, many employers continue to make common recordkeeping mistakes, some of which potentially affect OSHA compliance. With the deadline looming, we’re reviewing Form 300A and related aspects of the recordkeeping rule to help you avoid some of the most common mistakes.