December 1, 2022

Disclosure Notice to CMS for Medicare Part D-Eligible Individuals

Plan sponsors that provide prescription drug coverage to Medicare-eligible individuals must also disclose to CMS annually whether the coverage is creditable or noncreditable. This disclosure must be made no more than 60 days after the beginning of each plan year.
October 25, 2022

Key HR Metrics You Need to Track: Part One

As the workforce continues to be flipped on its head, monitoring employee performance and measuring productivity to ensure that employees reach their potential while maximizing the cost benefits to the company continues to be of utmost importance to HR. That’s why it is critical that HR has a strategic plan in place to define objectives and goals, measure growth, performance, outcomes, and potential risks – including anything that could potentially impact the company’s bottom line.
October 4, 2022

Small business payroll basics: keeping accurate payroll records

Keeping accurate, updated payroll records is essential and should be verified at each stage of the payroll process-paying wages, depositing taxes, and reporting wage and withholding taxes.
September 1, 2022

Affordable Care Act Updates: Pay or Play Penalties Will Increase in 2023

On Aug. 16, 2022, the IRS updated its FAQs on the ACA's employer shared responsibility rules to include updated penalty amounts for 2023. These penalty amounts are adjusted annually.
August 19, 2022

So you missed the 7/31/22 deadline for restating pre-approved 401(k) plans…now what?

To remain in compliance with the tax law, pre-approved plan providers must update their plan documents and obtain approval letters from the IRS every six years. The adopting employers then have a set period of time-about two years-to adopt the updated plan document. The adoption deadline for the latest plan amendment cycle (Cycle 3) was July 31, 2022.
July 11, 2022

Small business payroll basics: What to know and 4 easy steps to help you get it right every time

When someone starts a small business, they do so with aspirations of growth, maybe disrupting the marketplace, creating a legacy to pass down to future generations — not spending hours figuring out payroll. Your employees' paychecks are their lifeblood and couldn't be more important to your business. You need to make sure those checks arrive on time and are exactly right, every time.
April 4, 2022

6 ways to make the hiring process easier

Making hiring easier, these days, is a tall order. It's the most competitive hiring market in decades. As anyone who has had to fill an open position within the past year knows, it's a jungle out there...
March 23, 2022

How HCM analytics can elevate your HR game

Today, it's all about data, whether you're talking about marketing and advertising, businesses of all stripes, the customer experience online [...]
February 28, 2022

Benefits are the key to winning the hiring war

We’re in the midst of the toughest hiring market in recent memory. If you have vacancies to fill like many companies out there, you’re just not […]
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