Cap To Rise on Flexible Spending Accounts, But Late For Open Enrollment

Cap To Rise on Flexible Spending Accounts, But Late For Open Enrollment

Health flexible spending accounts (FSAs) are a very valuable benefit to many employees, especially as employers have increased employee cost sharing with higher deductibles, coinsurance and co-payments. Employees can use the FSA to reimburse those out-of-pocket costs on a tax-favored basis. Employees also find FSAs valuable in helping to pay the costs of…

4 Reasons Why International Labor Standards Are Important For All HR Leaders

4 Reasons Why International Labor Standards Are Important For All HR Leaders

Human resources professionals must understand an increasingly large body of laws – federal, state and local. Some also must understand the law in various foreign jurisdictions. But what about international law – should HR professionals understand international law too? Yes. HR professionals should have a basic understanding of international labor standards. While they…