Page 9 - Sam Slade News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PHOTO: File Many of us saw the news last month about executive compensation at Blue Cross Blue Shield of RI (BCBSRI). The former CEO Kim Keck earned over $2 million in her last year at the helm. The reporting I saw linked the executive compensation and a BCBSRI decision (since changed) to end preferred coverage for COVID-19 in a way that implied the compensation was excessive. I want to offer a different perspective. In full disclosure, I worked at BCBSRI for four years and had an opportunity to see Kim and her leadership team up close and in action. When Kim came to BCBSRI, it was a health p...

Sam Slade, Hilb New England The Equal Employment Opportunity Commission (EEOC) made the long-awaited announcement that this year’s EEO-1 collection would open on April 26, 2021, and close on July 19, 2021. Employers with at least 100 employees, and federal contractors with at least 50 employees, are obligated to file the EEO-1. 2019 & 2020 EEO-1 Reporting Period Opens on April 26, 2021 After delaying the opening of the 2019 EEO-1 due to COVID-19, the 2019 as well as 2020 EEO-1 Component 1 Data Collection will open on Monday, April 26, 2021. Here’s what employers need to know about data ...

The U.S. Department of Labor has released eagerly-anticipated model notices and FAQ guidance in connection with the COBRA subsidy available under the American Rescue Plan Act of 2021 (ARPA).

Sam Slade Two recent pieces of pandemic relief legislation intended to provide employees with financial relief from the effects of COVID-19 offer employers additional flexibility to make changes to dependent care flexible spending accounts (FSA). Employers should decide whether and to what extent they wish to amend their plans to incorporate these changes and communicate the new options to employees quickly to allow employees to realize the greatest benefit. Changes Under the Consolidated Appropriations Act The Consolidated Appropriations Act, which was signed on December 27, 2020, added a f...

PHOTO: GoLocal Remember when working remotely was a perk meant to ease employee stress? And it worked. According to Gallup, those who telecommuted pre-pandemic experienced lower levels of burnout compared to those working on site. Yet with many employees forced to work from home full time now, the opposite is true. In fact, 69% of employees reported burnout symptoms while working from home during COVID-19. This higher rate is due to a combination of stress and financial anxiety caused by: An “always-on” mentality Working longer hours with fewer breaks   The Effects of Burnout According t...