Benefits Manager

The Internal Revenue Service (IRS) has tried to boil the new tax Form W-2 health benefits cost reporting requirements down into terms that mortals without advanced accounting credentials can understand.

Employee engagement can be two-and-a-half times greater when the employer provides strong customer service, finds the Employee Engagement Benchmark Study by Tempkin Group.

According to a report from the Society for Human Resource Management, January 2012 is expected to mark the third consecutive month that hiring decreases while job cuts rise.

The National Tax Sheltered Accounts Association (NTSAA) released Friday a report from its third annual 403(b) Compliance Resolution Summit in Dallas. The forum targeted 403(b) professionals to identify service issues and develop best practices for the resolution of those issues.

Thirty-five percent of American companies are maintaining a smaller work force than before the recession, and in an effort to remain competitive, 36 percent of employers are expected to use staffing and recruiting companies to hire temporary workers in 2012.

The Labor Department has refuted claims that it plans to move the April 1 compliance deadline for new 401(k) fee disclosure rules to later in the year to give service providers time to make changes based on the final regulation.

A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011.

Denver Heath Medical Center has agreed to pay more than $6.3 million to settle allegations that it overbilled Medicare and Medicaid by misclassifying some patients it admitted between 2006 and 2009.