Corporate employers plan to spend an average of $521 per employee on wellness-based incentives in 2013. This marks an increase of 13% from the average of $460 per employee reported in 2011, and double the per-employee average of $260 reported in 2009, according to an employer survey by the nonprofit National Business Group on Health and Fidelity Investments.
Data for the survey were collected in October and November 2012 from a sample of 120 U.S. companies spanning a range of fewer than 2,000 to more than 50,000 employees.
A federal judge has ordered kgb USA Inc., the world’s largest independent provider of directory assistance and enhanced information services, to pay $1.3 million in minimum-wage compensation to 14,568 of its current and former employees nationwide for violations of the Fair Labor Standards Act.
A change in federal tax law that decreased the take-home pay of working Americans is affecting household budgets, according to a survey by the National Retail Federation (NRF), a trade association.
An increasing number of U.S. employers are planning to add Roth options to their 401(k), 403(b) or other defined contribution plans in 2013, a January 2013 survey by consultancy Aon Hewitt reveals.
After U.S. employers have taken care of the new health care benefit cost-reporting requirement for 2012 W-2s (due to employees in January 2013), their attention should turn to an upcoming deadline to notify employees about the availability of state health insurance exchanges.