April 22, 2024

Celebrating Earth Day: Innovo Benefits Group’s Commitment to Sustainability

Innovo Benefits Group embraces the Triple Bottom Line (TBL) philosophy, which evaluates business performance based on three interconnected social, environmental, and financial pillars.
April 8, 2024
woman typing out employee handbook

HR Corner: How to Draft Employee Policies and Procedures

Employment policies and procedures are essential in providing standard frameworks for the employer and employees in the workplace.
March 27, 2024

Alternative Funding: Is Captive Insurance Right For Your Business?

While employers have traditionally insured their employee benefits risks through an outside insurance carrier, the increased demand for employee benefits has resulted in an inflation of costs associated with insuring employee benefits risks.
March 25, 2024

DOL Issues Independent Contractor Classification Final Rule

On January 9, 2024, the Department of Labor released a final rule that revises how to classify workers as employees or independent contractors under the Fair Labor Standards Act (FLSA).
March 6, 2024
women signaling "break the bias"

Celebrating International Women’s Day: Breaking the Bias for Workplace Equality

This International Women's Day, we recognize the theme of "breaking the bias." Bias, whether intentional or unintentional, can significantly hinder the pursuit of gender equality in the workplace.
January 29, 2024
benefit trends

7 Trending Employee Benefits Fueling Workforce Success in 2024

Attracting and retaining top talent remains a critical challenge for companies navigating an ever-evolving labor market landscape. In 2024, the need for agility and strategic foresight will only intensify. Balancing rising healthcare costs and inflation with employee needs and value expectations demands innovative solutions.
December 26, 2023

Increased Limits for HSAs, FSAs, and HDHPs Coming in 2024 — What You Need to Know

The Internal Revenue Service has established increased limits in 2024 for health savings accounts and employee benefits plans, and for benefits professionals, it’s important to prepare for these changes as we enter a new year. These increased limits present more opportunities for employees to maximize their healthcare savings in 2024.
November 21, 2023
year-end checklist

Why an End-of-the-Year Checklist is Essential for HR Professionals

It's especially important for human resources professionals to make sure that all compliance-related matters have been addressed and that any loose ends are tied up before the start of the new year.
October 19, 2023
ACA Play Or Pay Penalties

ACA Pay or Play Penalties Increase for 2024: HR Professionals Take Note

Earlier this year, the IRS announced 2024 employer mandate penalties that apply to all employers with 50 or more employees — otherwise known as applicable large employers (ALE). If you’re a human resources professional at an ALE, it is essential for you to understand these penalties and how they could impact your workplace.
May 16, 2023
happy and healthy office workers

Mental Health: The Importance of Prioritizing Employee Well-Being

Many employers recognize the importance of promoting mental health and wellness in the workplace and have increasingly acknowledged the impact of mental well-being on employee productivity and overall job satisfaction. Recently, these benefits have become more accessible to employees through mental health apps, telehealth, and the availability of employee assistance programs (EAPs).