Directions newsletter is a monthly publication of the Benefits and HR Consulting practice of Arthur J. Gallagher & Co. The June 2018 issue includes articles about IRS guidance on affordability and proposed guidance on W-2 reporting, a PCORI fee reminder, a new Vermont drug law, cafeteria plan election rules, a pay discrimination law in Peru, CITs for pension plans, a Supreme Court decision on arbitration agreements, new individual mandates in New Jersey and Vermont, and some important reminders.
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The excitement, the challenge, the thrill—it’s all a part of living on the edge. It’s also what it takes to be a leader of a top destination employer, an organization where people not only want to work, but want to stay long term.
Bill Baker, Kent Lonsdale and Richard Polak discuss how to incorporate a human capital approach into a traditional risk management strategy, including the need for policies that balance financial and human capital concerns, and the best practices of leading employers.
In this issue, large employment practices awards that include substantial punitive damages; criminal convictions under HIPAA; False Claims Act settlements inside and outside healthcare; the EU GDPR is in force and can affect US entities; and the Supreme Court’s decision on arbitration agreements.
Michael Johnson and Tom Tropp make the case for building a values-based enterprise by aligning investment decisions with organizational values, securing a reputation for business ethics and allowing employee priorities to drive charitable contributions.
This Weekly Market Update reviews the top three market headlines: U.S. Dollar Rallies in Q2, The World Bank’s Bright Outlook on the Global Economy, ISM Surveys Depict Strong U.S. Economic Growth
George Katsoudas shares insights on why the tight labor market, a generational shift, and the redefinition of work driven by the gig economy are game-changing trends — and how they’re compelling employers to address risks as well as opportunities.
Adam Cottini, Rhonda Marcucci and Petula Workman share advice on aligning HR and benefits technology with an organization’s human capital management strategy by efficiently navigating the rise of options, and effectively protecting employee data from cybersecurity risks.
Ian Altman and Bruce Johnson offer insights on important considerations for a retirement plan strategy, including supporting decision-making with actuarial analysis, and managing transitions and changes.
George Chirayil and Tom Telford discuss solutions for closing compensation gaps and securing talent, the competitive need for both new and modernized executive benefit plans, and the importance of regularly scheduled reviews of plan funding concerns.