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Employee Relations

Employee Relations

Should your business offer the new emergency savings accounts to employees?

Red and white life saving ring on the sand with the word PLESA written in the sand
January 23, 2024
H&B
0
As part of the SECURE 2.0 law, there’s a new benefit option for employees facing emergencies. It’s called a pension-linked emergency savings account (PLESA) and the provision authorizing it became effective for plan years beginning January 1, 2024. The IRS recently released guidance about the accounts (in Notice 2024-22) and the U.S. Department of Labor […]
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Employee Relations

Should your business add a PTO buying feature to its cafeteria plan?

Happy,man,in,sunglasses,and,official,shirt,showing,cocktail,and
August 3, 2023
H&B
0
With the pandemic behind us and a red-hot summer in full swing, many of your company’s employees may be finally rediscovering the uninhibited joys of vacation. Your workers might be having so much fun, in fact, that they might highly value being able to buy even more paid time off (PTO) as an employee benefit. […]
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