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LukeJackson Benefit and HR Solutions July News

 

 

 A Note From The Editor:


      With the current job market being an " employee"  market, acquiring and retaining talent is on the forefront of every employer's mind.  Offering and communicating a stellar benefit package is essential to navigating the persisting labor shortage.  Employees, whether looking for a job or staying in a current position want a commitment from their employers, that they will offer what is the "new essential benefits" to keep them engaged.   Is it going to be a flexible work schedule, more health insurance choices, pet insurance,  more life insurance and financial benefit offerings, or maybe an additional holiday?  Do you really know what your employees want?  Do you know what the competition is offering?  And more importantly, do your employees understand what you are offering?   Now is the time to survey your current associates and future new hires and obtain their feedback.  Forbes recently published that 80% of companies report employees do not open their benefits packages.    Where do you begin? 

     Contact LukeJackson today.  We’ll provide expert insight into the use of surveys and employee feedback to redesign your benefit plans, and how to successfully communicate the essential value of your benefits to associates and onboarding new hires.  Let's start a conversation.  (508) 205-1100.


FORBES 
INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS SURVEY   

Have a wonderful 4th of July holiday weekend!  We will be closed on Monday July 5, 2021 in observance of the 4th of July holiday.
Best regards.
Stephanie

 

 

Juneteenth Declared National Holiday


On Thursday, June 17, 2021 President Biden signed into law that June 19th  would become the 12th federal holiday.   Employers are embracing this as a "company" holiday from giving time off to offering holiday pay.  Several employers, who have already chosen to observe the new holiday are Nike, Best Buy, Target, National Grid, InstaCart, Blue Cross of Massachusetts, PayCor, MailChimp, Fit Bit, Trip Advisor and Addidas, to name a few.

SHRM:  "Juneteenth Now a Federal Holiday"
NBC NEWS:  "How corporate America is approaching Juneteenth, the newest national holiday"
"Companies Making a Difference"

 

 

IRS Announces 2022 HSA Limits


The IRS has issued Revenue Procedure 2021-25 (2022 HSA limits), which provides the 2022 cost-of-living contribution and coverage adjustments for HSAs.

Health Savings Accounts

2021

2022

Self-only coverage 

Self-only coverage annual minimum deductible

$1,400

$1,400

Self-only coverage maximum out of pocket

$7,000

$7,050

Self-only coverage maximum HSA contribution

$3,600

$3,650

Family coverage 

Family coverage annual minimum deductible (Family coverage can include a spouse and any dependents)

$2,800

$2,800

Family coverage maximum out of pocket

$14,000  

$14,100

Family coverage maximum HSA contribution

$7,200

$7,300

Catch up

$1,000

$1,000

 

EEO-1 Filing Deadline Extended until August 23, 2021


The EEOC has extended the deadline for the 2019 and 2020 EEO-1 report to August 23, 2021.   All employers that have at least 100 employees are required to file component 1 data reports annually with the EEOC.
Additional Guidance:
Jackson Lewis, PC Deadline Extended
Jackson Lewis, PC EEO-1 Data Portal Open
SHRM: EEOC Extends the Filing Deadline for EEO-1 Form

 

Sales Executive 

  • Full Time position based out of our Brockton Easton corporate office. 
  • Licensed in Health and Welfare Plans
  • For Additional Information contact: (508)205-1100 or  Email at [email protected]

 

 

 

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July  2021


Our mailing address is: 1350 Belmont Street, Suite 108, Brockton, MA 02301
[email protected]
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(508) 205-1100