Boardroom Rebels: Reinventing Employee Health Benefits When corporate innovators challenged tax codes and transformed how American workers could protect their families' financial futures.
Workers Need One Million Dollars for Secure Retirement New research reveals workers believe they need $1 million saved for retirement, highlighting the growing importance of robust employer-sponsored retirement benefits. New York employers must adapt their 401k offerings to meet evolving employee expectations and retention needs.
One-Third of Small Businesses Can't Fill Open Positions NFIB reports 33% of small business owners have unfilled job openings, well above the 24% historical average. For Long Island employers competing for skilled workers, this persistent labor shortage drives up costs and delays growth.
Group Life Insurance Over $50K Triggers Complex Tax Reporting in 2026 Employers providing group life insurance exceeding $50,000 must calculate imputed income using IRS Table I rates and report it on employee W-2 forms. Many employers discover compliance gaps during Q1 when processing year-end payroll reports and face penalties for incorrect calculations.