INSIGHTS
Visit Insights regularly to find industry-shaping news, trends, guidance and more.
401(k) Left-Behind Rollover Rule Eased by DOL
Author: hrwsAdmin
It is now easier for an employer to transfer 401(k) plan funds left behind by former workers to the individuals’ new employer’s plans. This comes as a result of a recent exemption adopted by the Department of Labor (DOL) – one granted with the intent to help high-turnover industry employers who often find themselves tasked…
IRS Announces 2020 HSA Contribution Limits
Author: hrwsAdmin
The IRS announced the 2020 annual inflation adjusted limits for Health Savings Accounts (HSA) Contributions and High Deductible Health Plan (HDHP) Out of Pocket limits. The information was announced in Rev. Proc. 2019-25. Please reference the table below for specific details: 2019 2020 HSA Maximum Contribution – Single $3,500 $3,550 HSA Maximum Contribution – Family…
HIPAA, Data Breaches and What You Should Know (Even If You’re Not a Healthcare Company)
Author: hrwsAdmin
When it comes to compliance, most everyone agrees that the privacy regulations set forth by HIPAA are necessary. Yes, even if keeping up with them means extra effort (and expense). For healthcare organizations, a full commitment to HIPAA compliance is obligatory. But, did you know there are others who are similarly implicated? This group includes…
BYOD Policies (What They Are) And, What You Need to Know
Author: hrwsAdmin
Just a few years back, the idea that employees could/should provide their own devices in the workplace was preposterous. But these days, the devices are so portable, powerful and readily available that at least considering putting a BYOD (Bring Your Own Device) policy in place, is worthy of consideration. So whether you’re thinking about adding…
5 Ways AI Can Impact HR (Yes, for the Better)
Author: hrwsAdmin
You’ve heard it from futurists, physicists and your favorite LinkedIn corporate doomsayers. But, we are here to tell you that before AI (artificial intelligence) replaces every human job (how is that a bad thing, btw?) and eventually takes over the world, it can do wonders to improve the HR world, right now. Employee Engagement –…
