Presents the implications of the United States Supreme Court decision for preemption of state laws under the Employee Retirement Income Security Act (ERISA). Definition of benefit plan by ERISA; Relationship between the managed care organization and health care providers; Restrictions on the public ...
单项选择题New technology links the world as never before. Our planet has shrunk. It"s now a "global village" where countries are only seconds away by fax or phone satellite link. And, of course, our ability to benefit from this high-tech communications equipment is greatly enhanced by forei...
EAP plan administrators at a company should encourage employees to take advantage of the no-cost benefit, which is generally available at any time of the year. All employees should be advised about the EAP and given instructions about how to access these benefits at no cost to them when ...
In-house programs are usually expensive, considering the infrastructure needed to scale the services. This type of model is generally suitable for large companies with sufficient funding to implement the program. Peer support is a type of in-house EAP. A trained employee can serve as a kind of...
Another in-demand employee benefit is vacation time. Many companies offerpaid vacationdays for employees who have worked for them for a significant period of time. These days can be used for any purpose the employee sees fit. He may use them to travel around the world or even to simply loa...
One of the best ways to do this is withemployee benefit programs. Giving employees the benefits they value leads to a more satisfied workforce. From increased productivity and creativity to fewer missed workdays and commitment to company goals, the merits have been well documented. ...
What is an employee stock ownership plan (ESOP)? An ESOP is a tax-advantaged retirement plan that allows workers to earn shares in the company they work for as an employee benefit. The majority of ESOPs are in privately held companies rather than public ones. A company’s owners may creat...
Few companies offer this benefit, so when a company offers a pension plan many employees take notice. When my husband worked at UPS and he was offered an employee stock purchase plan along with a company pension. UPS has some of the best benefits of any company out there. ...
A defined-benefit plan is an employer-sponsored retirement plan where employee benefits are computed using a formula that considers several factors, such as length of employment and salary history.1Usually, employees are required to work for a specific amount of time before they become eligible to ...
With a defined-benefit pension plan, the employer guarantees that the employee will receive a specific monthly payment after retiring and for life, regardless of the performance of the underlying investment pool. The employer is thus liable for pension payments to the retiree for a dollar amount t...