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Specialisations are often based on employee types (e.g. Executive compensation consultants and sales compensation consultants. Employee benefits: Optimize benefit plan design and administration (inclusive of health-related benefits) by assessing competitiveness and effectiveness of benefit plans (analytics and design), and cost-effectiveness ...
In the following years, Morneau Shepell made a number of acquisitions, including SBC Systems Company Inc. (U.S. provider of employee benefits administration systems) in January 2012, [15] Mercer Canada's pension and benefits outsourcing business in November 2012, [16] Ceridian's U.S. health and welfare benefits administration business in August ...
On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. [13] On August 22, 2019, Alight Solutions announced the acquisition of NGA Human Resources , a provider of digital human resources and global payroll services.
Founded as an actuarial firm in New York City in 1916 by George B. Buck Sr., [3] in 2016 the firm had more than 1,500 employees and affiliates in nearly 200 global locations. Buck Consultants remained an independent organization until 1997 when it was acquired by Mellon Financial . [ 4 ]
An employee assistance program in the United States generally offers free and confidential assessments, short-term counseling, referrals, and follow-up services for employees. EAP counselors may also work in a consultative role with managers and supervisors to address employee and organizational challenges and needs.
The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...
While a 2005 survey by the Blue Cross and Blue Shield Association found widespread satisfaction among health savings account customers, [56] a survey published in 2007 by employee benefits consultants Towers Perrin came to the opposite conclusion; it found that employees currently enrolled in such plans were significantly less satisfied with ...
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...