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Straight From The Source Blog


Employee benefit communication: Lessons from the presidential campaigns

August 15 , 2016

Employee Benefits Communication

In the ongoing battle to attract and retain the best talent, your employee benefits package is one of the most powerful tools in your arsenal … but only if employees understand each benefit available. Often, the benefits communication process is lacking or antiquated, and vital information gets lost in the shuffle, leaving people confused about their options. In fact, according to Aflac’s 2015 Workforces Report, only 20 percent of employees surveyed said they had enough information to make informed decisions about their benefits. Only 20 percent! That’s clearly an epic fail.

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Tags: Employee Benefits


Life insurance: A workhorse for funding executive benefits

August 03 , 2016

Executive benefits - life insurance

Running a successful business takes a successful team, and that starts with your executive staff. They’re the driving force behind your operation, so you want the best professionals you can find. But competition for executive “superstars” is keen, to say the least. So how do you put together and fund an attractive compensation package that goes above and beyond the usual offerings, but doesn’t kill your bottom line?

Think life insurance.

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Tags: Employee Benefits


How to choose an HR tech vendor: Five criteria

July 14 , 2016

Choosing an HRIS system

What is HRIS? It’s a Human Resource Information System that facilitates payroll, online enrollment, benefits administration, timekeeping, on-boarding and more. Sounds good, but what does that really mean for your business? It means efficiency. The end of entering HR data into five different systems and spending hours reconciling the inherent errors. One HR data entry point. Fewer errors. Better compliance. More time to spend on growth-oriented HR functions.

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Tags: Employee Benefits


What will new overtime rules mean for your Texas business?

July 06 , 2016

New overtime rules

The U.S. Department of Labor (DOL) released a rule taking effect Dec. 1, 2016 regarding overtime wage payments that could impact more than 4 million workers across the country. The new rule will more than double the salary threshold that employees must meet in order to qualify for an overtime wage payment exemption. 

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Tags: Employee Benefits


The latest in health care compliance: The subsidy crackdown

June 22 , 2016

ACA subsidy audit

PPACA. ERISA. HIPAA. COBRA. EEOC. FLSA. FMLA. It’s a complex alphabet soup of agencies and laws that employers have to deal with today to offer health care benefits to their employees. What do they all have in common? Compliance requirements. And the Department of Labor (DOL) and the IRS have beefed up their enforcement activities in recent years.

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Tags: Compliance, Employee Benefits


Is your business protected from costly fiduciary liability and employee benefits liability claims?

June 02 , 2016

Employee benefits liability risk

Employee benefit plans are almost a necessity to recruit and retain the best talent these days. But those benefit plans come wrapped with serious challenges and obligations – and serious risks. One of the most potentially costly? Getting hit with a fiduciary liability or employee benefits liability claim resulting from administrative errors or omissions in connection with your employee benefit plan or retirement plan.

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Tags: Employee Benefits


Why offer a cafeteria plan?

May 18 , 2016

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When it comes to attracting and hiring the best talent in today’s competitive economy, benefits packages can be the great equalizer. But compensation packages are eating up more and more of employers’ bottom lines, not to mention the increasing compliance and legal headaches. For employers looking for ways to squeeze the most out of their benefits packages without breaking the bank, cafeteria plans may prove to be a smart option.

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Tags: Employee Benefits


May is Disability Insurance Awareness Month: Is your most important asset protected?

May 11 , 2016

Disability Insurance Awareness Month

Did you know that approximately every seven seconds, a working age American suffers a disabling injury or illness that will last for at least a month? Or that a 20-year-old entering the workforce today has a 1 in 4 chance of suffering some type of income-interrupting disability during their working career? Over 37 million Americans are classified as disabled, or about 12 percent of the population, and more than 50 percent of the disabled are in their working years, between ages 18 and 64.

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Tags: Employee Benefits


COBRA: Still relevant after all these years

April 20 , 2016

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Since the passage of the Affordable Care Act (ACA), we’ve seen a whirlwind of change in the health care and health insurance landscape here in the U.S., ushering in a whole new era of options and regulatory issues for both employers and employees.

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Tags: Compliance, Employee Benefits


A trend on the rise: Self-funded health insurance

March 16 , 2016

Self-funded health insurance trends

Health care isn’t cheap. Neither is health insurance. In fact, this year in Texas, rumor has it that health insurers are asking to raise rates by more than 30 percent across the state and beyond. According to the Houston Chronicle, big names in the individual insurance market have been proposing double-digit hikes to some of their 2016 plans based on rising drug prices and the unanticipated costs associated with insuring tens of millions of new customers.

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Tags: Employee Benefits


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