Attracting and retaining employees has challenged employers since the onset of the COVID-19 pandemic. In 2024, the labormarket is expected to cool slightly; however, competition for talent will remain. As such, employers must remain agile and adapt to developing labor and market trends that will shape the market in 2024. In particular, current labor challenges …
CHIP Notice The Department of Labor (DOL), through its Employee Benefits Security Administration (EBSA), has released a new model Employer CHIP Notice with information current as of Jan. 31, 2024. As a reminder, the Children’s Health Insurance Program Reauthorization Act of 2009 (CHIPRA) imposes an annual notice requirement on employers that maintain group health plans …
You may have heard of health reimbursement arrangements (HRAs) before. These are employer-sponsored savings accounts that reimburse you for certain medical expenses. An individual coverage HRA (ICHRA) is similar—it uses funds from your employer to help pay for certain medical expenses. However, there are some important features of ICHRAs that you should understand. This article …
Understanding Individual Coverage Health Reimbursement Arrangements (ICHRAs) Read More »
On Dec. 6, 2023, the U.S. Equal Employment Opportunity Commission (EEOC) issued a new regulatory agenda and priority statement that singles out its proposed regulations to implement the Pregnant Workers Fairness Act (PWFA) as a key priority for finalization in 2024. The agenda, which lists all regulations scheduled for review or development during the next …
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for employee benefit plans maintained by private-sector employers. The Department of Labor (DOL), through its Employee Benefits Security Administration (EBSA), enforces most of ERISA’s provisions. Violating ERISA can have serious and costly consequences for employers that sponsor welfare …
Employers subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 should prepare to comply with reporting deadlines in early 2024. For the 2023 calendar year, covered employers must: Furnish statements to individuals by March 1, 2024 (an alternative method of furnishing statements to covered individuals is available in certain …
Employers across the country are facing an ongoing battle to establish and maintain a healthy workplace in the era of COVID-19. Whether they’re subject to a government mandate or implementing their own safeguards, In partnership with TASC, Inspire Workforce can help make the process easier for employers with our latest compliance offering, Vaccination Verification. Vaccination Verification …
On Friday, Dec. 17, 2021, the 6th Circuit Federal Court of Appeals reinstated the Occupational Safety and Health Administration’s (OSHA) federal emergency temporary standard (ETS) for COVID-19. The 6th Circuit decision reverses the stay ordered in November by the 5th Circuit and allows OSHA to resume ETS implementation and enforcement nationwide. The ETS establishes a …
Court Reinstates OSHA Vaccination Mandate for Private Employers Read More »
Employers across the country are facing a pronounced issue right now: too many open positions and not enough workers. On its face, it might seem like there are not enough workers available for jobs—hence all the openings. But, confoundingly, that’s not the case. The unemployment rate is still hovering just below 5%, translating to around …
On Nov. 12, 2021, the 5th Circuit Court of Appeals (the Court) extended the stay it ordered for the Occupational Safety and Health Administration (OSHA) vaccine and testing emergency temporary standard (ETS) on Nov. 6, 2021. The judicial stay will remain in effect until the ETS’ legality is ultimately decided in the judicial system. The …
5th Circuit Court of Appeals Extends Stay of OSHA ETS Read More »
