Life Sciences: How Much Does Employee Turnover Really Cost?
Date: 04.08.19
Topic: HR Consulting
According to a 2018 study by Radford Aon, life sciences companies see an average voluntary turnover rate of 11.5% in the United States. While this number might not ring any alarm bells, the effect it has on a company’s bottom line surely wi...
Read More >>
New Jersey Implements First State-wide Commuter Benefits Ordinance
Date: 03.27.19
Topic: Benefits News, BeneTips
If you are an employer who employs at least 20 people in the state of New Jersey, you are now required to offer pre-tax commuter benefits to your employees. NJ is the first state to pass such an ordinance. Though the ordinance is effective immedia...
Read More >>
New Jersey Individual Mandate Latches On To Federal Reporting Obligations
Date: 02.15.19
Topic: Benefits News, BeneTips, Health Care Reform
In late January, the state of New Jersey posted new information about its individual health insurance mandate that went into effect on January 1 of this year. Of interest to most impacted employers are the tactics and mechanics associated with h...
Read More >>
Implementing Technology into Recruitment and Retention Practices
Date: 02.14.19
Topic: Company News, HR Consulting
Recruitment and retention should always be on HR’s best practices radar. Now more than ever, the spotlight is shining on millennials. They are infiltrating the work force at a rapid pace and it’s important to learn what motivates them, how the...
Read More >>
New York Sexual Harassment Law Changes: Is Your Organization Ready?
Date: 02.06.19
Topic: BeneTips, HR Consulting
On April 12, 2018, New York’s Governor Cuomo signed the state budget, which includes a mandate that employers provide employees with annual sexual harassment training. In addition, the New York State Human Rights Law has been amended to now prot...
Read More >>
IRS Announces NEW FSA Maximums for 2019
Date: 11.16.18
Topic: Benefits News, BeneTips
On Thursday, November 15, 2018, the IRS released the 2019 annual inflation adjustments. Effective January 1, 2019, the new annual Health Care FSA maximum contribution will increase to $2,700. The new monthly maximum contributions for Qualifie...
Read More >>
Patient-Centered Outcomes Research (PCOR) Fee Adjustment Announced for 2019
Date: 11.13.18
Topic: Benefits News, BeneTips
The IRS has announced the new PCOR fees for plan and policy years ending on or after October 1, 2018 and before October 1, 2019. The fee has experienced a $0.06 increase; up to $2.45 from the amount previously in effect. This fee is analyzed on...
Read More >>
Changing the Face of HRAs
Date: 11.12.18
Topic: Benefits News, Health Care Reform
The Big Picture: New regulations have been proposed by the Trump administration regarding the rules of health reimbursement accounts (HRAs). The regulations would give employers of all sizes additional flexibility to provide greater choice to thei...
Read More >>
myFlexDollars Gets Personal: It’s More Than Just a Fresh Coat of Paint!
Date: 08.21.18
Topic: Benefits News, Company News
Baker Tilly Vantagen is proud to announce the launch of a fresh new view available at myFlexDollars.com. We are confident that we’ve set in motion a best-in-class user experience that looks great and, for the first time, enables us to deliver ...
Read More >>
Check Out Our 2018 Account Services Scorecard
Date: 07.27.18
Topic: Benefits News, Company News
Baker Tilly Vantagen had a big year! We want to say thank you for your partnership and share what we’ve been up to. Check out our impressive Account Services Scorecard below to see how we rack up against bench-marked administrators*. *S...
Read More >>
New ACA Regulation Proposed; IRS Releases Webpage For Letter 227 Clarification
Date: 06.16.18
Topic: BeneTips
Expanding Mandatory Electronic Filing of Information Returns The IRS has proposed a regulation to expand the mandatory electronic filing of most information returns. Currently, the threshold that requires employers to file an information return e...
Read More >>
Audit & Assessment Practices to Position a New HR Leader or Philosophy Webinar
Date: 05.17.18
Topic: HR Consulting
Conducting a human resources (HR) audit and assessment helps get the tactical pieces right to kick off the process of identifying and positioning a new department leader and the rollout of an internal philosophy shift. Hear the expert take on step...
Read More >>