6 Employee Benefits Trends to Watch in 2024

As we step into 2024, the world of employee benefits continues to evolve. Understanding employee benefits trends isn’t just about keeping up with the latest perks; it’s about delving into what shapes employees’ working lives and wellbeing, and also the willingness of employers to tackle the trends and offer the benefits their employees want and…

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Cultivating Creativity: Transforming Organizational Mindsets

Humans tend to put themselves into metaphorical boxes, defining their abilities and characteristics in rigid, “either/or” ways. Consider this: Many people claim they’re analytical and not creative, believing these traits to be mutually exclusive. However, this binary thinking of “you’re either creative or you’re not” is restrictive. The brain is not divided into only “creative”…

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2023-2024 PCORI Fee Released

Female pharmåacist selling medications at drugstore to a senior woman customer while using tablet

    The Patient-Centered Outcomes Research Institute (PCORI) fee established by the Affordable Care Act helps fund research to evaluate and compare health outcomes, clinical effectiveness, risks, and benefits of medical treatment and services.  The fee is currently in place through 2029.  In Notfice 2023-70, the IRS announced that the PCORI fee for plan years…

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Beyond the Paycheck: 5 Ways to Show You Value Your Employees

People eating pizza and making a toast

Employees are the backbone of your company. They drive growth and ensure stability and success. But office life is hectic, and showing appreciation can sometimes slip through the cracks or put as an “I’ll do it later” item on your to-do list. Yet, when employees are recognized for their efforts, they are more engaged and…

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Electronic Filing Threshold Reduced in Draft 2023 Form 1094 and 1095 Instructions

  The Internal Revenue Service (IRS) recently released draft instructions for preparing, distributing, and filing 2023 Forms 1094-B/C and 1095-B/C. These instructions largely mirror guidance the IRS has published in previous years, except that the electronic filing threshold has been reduced from 250 forms to ten forms in aggregate.   This year, employers could mail their…

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