April 2012

BTHR Solutions

 

BTHR Solutions Celebrates National Employee Benefits Day!

Your Best Benefits/HR Stories

What the Professions Say About Retiring

Workers Look Toward Retirement With Dread

The Last 401(k) Generation?

"Value" in Health Insurance Acquires New Meaning

Healthcare Reform Throws Finance and HR Into Same Foxhole

Investors Fear Retirement Futures Out of Their Control


What the Professions Say About Retiring

 Golfers never retire, they just lose their drive.

 Lumberjacks never retire, they just pine away.

 Accountants don't retire, they just lose their balance.

 Bank managers don't retire, they just lose interest.

 Vehicle mechanics? They re-tire every day.

 Roofers don't retire, they just wipe the slate clean.

 Engineers never retire, they just lose their bearings.

 Beekeepers never retire, they just buzz off.

 Farmers never retire, they just go to seed.

 Watchmakers never retire, they just wind down.

Source: guy-sports.com
 


Featured Job

Senior Manager, Training
Metro-North Boston, MA

The Senior Manager, Training will have a number of training and development responsibilities including delivery of management training programs.

Qualifications:

8-10 years experience in a high technology company with experience in training delivery: (strong presentation skills, classroom facilitation and management, program logistics, etc)

Project Management skills including assessment, design, development, delivery and evaluation

Knowledge and experience with rapid eLearning tools like Brainshark and Articulate. LMS administration and educational testing software experience is a plus

Familiarity with enterprise software sales and engineering functions

Experience in a global organization

See the full job description
 


 

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BTHR Solutions Celebrates
National Employee Benefits Day!
by Sam Gruenbaum, President, BTHR Solutions

BTHR Solutions joins The International Foundation of Employee Benefit Plans (www.ifebp.org) in celebrating National Employee Benefits Day today.

National Employee Benefits Day, celebrated April 2nd each year – the day the IFEBP was founded - "...acknowledges trustees, administrators, corporate benefits practitioners and professional advisors for their dedication to providing quality benefits and the important role they play in their colleagues' well-being."

BTHR Solutions understands this role particularly well through our support of benefits professionals who work diligently each day to ensure successful and beneficial programs for their employees.

The International Foundation's focus for Employee Benefits Day 2012 includes two initiatives important to benefits professionals today: Retirement Security and Value Based Health Care. Read on to learn more about how these issues are shaping the future landscape of employee benefits.

We were thrilled to get so many funny, heart-warming and poignant stories from around the country to share with you as part of National Employee Benefits Day. It was quite difficult to choose our "Top Five" and we are pleased to send a $25 gift card to each of the selected authors. We hope you enjoy these snapshots of everyday life in the world of benefits and remember that from budget discussions to beneficiaries, your job matters to people every day!

Story #1: Beneficiary in the Mirror
While working for a major US law firm administering annual open enrollment, I received a large volume of questions from both attorneys and support staff. However, since attorneys take courses in wills and estates I was amazed that one attorney could not understand why he couldn't name himself as beneficiary on his company life insurance!

Story #2: Chew On This One
Early in my staffing career I handled temp placements for both office positions and light industrial openings. One day a client called me to complain about one of our temps. I thought I had heard it all but this issue was different. Every day during lunch break, our employee was taking her teeth out and leaving them on the lunch table until she finished eating. While talking to the employee, I tried to be as tactful and diplomatic as possible, but by the end of the conversation I had to be blunt: "Mary...you MUST keep your teeth in at the lunch table!"

Story #3: What If?
Back in the 90's, my company began implementing sweeping changes to their health care plan, many of which were not popular. One of these changes was that the health plan would continue to cover the pregnancy of a dependent spouse but no longer cover the pregnancy of a dependent child. One of the managers came swooping in to the room and proceeded, in a loud and condescending tone, to ask the HMO rep about covering pregnancies. When she confirmed that the pregnancy of a dependent child would not be covered, he bellowed "WHAT IF THE BABY WAS ALSO MY CHILD?" When the HMO rep looked at him and exclaimed "EWW!" he realized what he had mistakenly implied and fled the room.
Read the rest!

Retirement Security

Workers Look Toward Retirement With Dread
A ruthless job market, suffocating household debt and a shocking decline in the stock market have left millions of Americans feeling fragile and with little confidence they will ever have the money to retire. READ MORE

The Last 401(k) Generation?
Will baby-boomers be the only generation to retire with 401(k) plans? Policymakers are looking beyond the 401(k) plan to its two major shortcomings...
READ MORE

Value Based Health Care

"Value" in Health Insurance Acquires New Meaning
The Patient Protection and Affordable Care Act is set to test whether value-based insurance design can be a viable tool for aligning out-of-pocket costs and the value of medical services.
READ MORE

Health Reform Throws Finance and HR Into the Same Foxhole
Health-care reform has been a catalyst for bringing finance and human resources together to analyze potential effects on the organization.
READ MORE


Investors Feel Retirement Futures Are Out of Their Control

According to this Wells Fargo/Gallup survey, investor optimism has surged in recent months back to February 2011 levels. However, despite their optimism, many investors feel that they have very little control over their ability to build retirement savings.

72% of those surveyed say they are better off than they were four years ago before the last presidential election.

40% say they are no worse off.

27% say they are worse off financially than four years ago.

58% of respondents report that they have "little" or "no" control over their ability to build retirement savings.

75% of respondents say that "politically divided federal government" is the most important factor affecting the US investment climate right now.

The survey also shows a significant difference between today's retirees (average age 68) who rely on employer-sponsored pension plans and social security for retirement income, contrasted with future retireees (average age 45) who see saving for retirement as a personal responsibility and will rely on their 401(k) and personal savings for retirement

Source: BenefitsNews.com

 


Phone: 888.89.ERISA     info@BTHRsolutions.com
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