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How Long do Employers Need to Keep Payroll Records? | Ohio Benefit Advisors

Under U.S. federal law, employers must keep the payroll records of their employees or former employees for a certain length of time. The amount of time, however, varies according to which statute you refer to, which can make knowing how long to keep employee records confusing. By keeping in mind the required time limits under … Continued

Small Employers Lead the Way in Funding HSAs | Ohio Benefit Advisors

The average employer contribution to an HSA is $474 for a single employee (down 3.5 percent from 2015 and 17.6 percent from five years ago) and $801 for a family (down 9.2 percent from last year and 13.7 percent from five years ago). There was a 26 percent increase in the number of individuals enrolled … Continued

Employee Spotlight – Isabel Leck

This month we’re highlighting Administrative Executive and Wellness Coordinator, Isabel Leck!  We’ve asked Isabel a few fun questions to get to know her a little bit better! What is your job title?  Administrative Exectutive/Wellness Coordinator What is the favorite aspect of your job? Working with amazing coworkers everyday. Do you have a favorite sports team? … Continued

2018 Amounts for HSAs; Retroactive Medicare Coverage Effect on Contributions | Ohio Benefit Advisors

IRS Releases 2018 Amounts for HSAs The IRS released Revenue Procedure 2017-37 that sets the dollar limits for health savings accounts (HSAs) and high-deductible health plans (HDHPs) for 2018. For calendar year 2018, the annual contribution limit for an individual with self-only coverage under an HDHP is $3,450, and the annual contribution limit for an … Continued

Well-Being Strategies for a Diverse Workforce, Building Value at an Individual Level | Ohio Benefit Advisors

Your organization has 312 employees, which means you have 312 different needs for well-being support. Well-being strategies should not be a one-size-fits-all approach. Developing a set of flexible and responsive well-being strategies that meet changing individual needs throughout an employee’s tenure is a critical way to both attract and retain talent. A few case studies … Continued

Factor Emerging Trends, Generational Needs Into Wellness Programs | Ohio Benefit Advisors

Your wellness program seems to have it all – biometric screenings, lunch and learns, and weight loss challenges. So, why do you struggle with engagement, or to see any real results? While traditional wellness components are still a large part of plans today, emerging trends, coupled with generational differences, make for challenges when designing an … Continued

FINANCIAL WELLNESS BENEFITS – ADAPTING THEM IN THE NEW WORKFORCE | Ohio Benefit Advisors

Over the past few years, we’ve seen tremendous growth in Financial Wellness Programs. Actually, as indicated in a recent report by Aon Hewitt, 77% of mid- to large-size companies will provide at least one financial wellness service in 2017; with 52% of employers providing services in more than 3 financial categories. So what are the … Continued

Employee Spotlight – Jenny Howe, CWPM

This month we’re highlighting Account Manager and Wellness Coordinator, Jenny Howe!  We’ve asked Jenny a few fun questions to get to know her a little bit better! How long have you been with the company?  11 years on 4/26/17 What is the favorite aspect of your job?   Interacting with the employers and employee’s. Do you … Continued

The DOL’s Final Overtime Rule Saga Continues | Ohio Benefit Advisors

The change in the regulations that would increase the salary threshold for overtime exemption that was all over the news for the last several months may now be decided by the end of June. The Fifth Circuit Court of Appeals has granted the U.S. Department of Labor (DOL) another 60-day extension of time to file … Continued

Flex Work: Advantages in the New Workforce | Ohio Benefit Advisors

Flex Work.  No doubt you’ve heard this term (or some variation) floating around the last decade or so, but what exactly does it mean? Flexible work can vary by definition depending on who you ask, but one thing is for sure, it’s here to stay and changing the way we view the workforce. According to … Continued

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