What Employers Should Expect in Cybercrime | Virginia Employee Benefits

Cybercrime is an industry—and a very profitable one at that. The FBI estimated that just one component of the cybercrime industry, ransomware, generated $209 million in revenue during the first three months of 2016, putting it on pace to be a $1 billion business by the end of this year. Based on that, DataGravity estimated … Continued

What You Need to Know About Student Loan Repayment and the Millennial Workforce | Virginia Employee Benefits

Millennials account for the largest demographic in the workforce today, and by 2025 will make up 75% of our working population.  With new technologies, more people deciding to branch out and start their own businesses and telecommuting jobs becoming popular, it’s important for employers to understand how they need to adapt previous HR policies for … Continued

Guidance for Employers on the Zika Virus | Virginia Employee Benefits

Within the past few days, the Centers for Disease Control and Prevention have confirmed the transmission of the Zika virus by mosquitoes to individuals in Miami-Dade and Broward counties in Florida. Before this confirmation, the virus had been spread in the United States only through sexual transmission. The news of the spread of the virus by … Continued

The Best Incentives for Wellness Programs | Virginia Employee Benefits

Overview According to WellnessIncentivePrograms.com, worksite wellness programs contribute to lower insurance and medical care costs, less absenteeism and boosted employee morale and productivity. Incentives are an effective way to increase participation in worksite wellness programs, leading to further cost savings. There is a correlation between the amount of the incentive and levels of program participation, … Continued

Tips for Preparing Form 5500 | Virginia Employee Benefits

This week many employers and their advisors are putting final touches on their Form 5500, the annual report required for most employee benefit plans. Form 5500 must be filed with the federal government within seven months after the end of the plan year. For calendar-year plans, that means the plan’s 2015 Form 5500 is due … Continued

5 Financial Mistakes Millennials Are Making | Virginia Employee Benefits

Even as the U.S. economy as a whole recovers from the Great Recession, Millennials (those born from the early 1980s through the early 2000s) continue to struggle with student debt and slow job growth. The lackluster economy and student debt aren’t the only things holding back Millennials from attaining financial independence and success. Let’s take … Continued

Web Therapy: The Doctor Will Skype You Now | Virginia Employee Benefits

Overview When Madison Maroney (name changed for privacy) moved from Boston to Wisconsin, there was one thing the 40-year-old east-coaster couldn’t leave behind: Her weekly therapy sessions. So now, two years later, in her Midwestern home, she pops open her laptop every week, logs on, and via live-streaming video, talks through her highs and lows … Continued