For the second year, the ADP Research Institute® examined the types of companies — by size and type of industry — that offer retirement benefits, as well as the retirement savings behaviors of approximately 10 million U.S. employees in 2014.
According to the 2014 Midsized Business Owners Study, midsized business owners continue to struggle with the rising cost of health care and other benefits, the complexities of the Affordable Care Act (ACA), and the volume of government regulations.
Using the actual premium paid information in the ADP Research Institute study, employers can find a potential health benefits cost benchmark that can help them balance plan expense and “richness” of coverage to provide maximum value for employer and employee alike.
The U.S. Supreme Court’s ruling to uphold most of the constitutionality of the Affordable Care Act (ACA) has vaulted Health Care Reform issues to the top of the list of concerns affecting midsized businesses. Review the findings that highlight the need for continued vigilance in the area of compliance.