Having a payroll software solution that is integrated with other types of HR management software can be highly beneficial to most companies, even across a range of industries. Having a patchwork of different software solutions can create confusion, cause payroll errors, and result in headaches and sometimes compliance issues. An HR payroll solution that is […]
President Trump moved swiftly after taking office on Friday, issuing an Executive Order intended to minimize the economic and regulatory burdens of the Affordable Care Act (“ACA”). The order is somewhat symbolic and has no immediate effect on employers, many of whom are in the process of complying with the ACA’s onerous reporting requirements (Forms […]
The right human capital management (HCM) software solution can bridge generation gaps among employees. HR professionals can also use HCM software to make the recruitment process more efficient. Savvy HR directors employ HCM software to enhance employee engagement about accessing company health initiatives and corporate social networks. Note that the right HCM software is mobile compatible and will allow employers […]
The holiday season has officially begun, and along with it, comes the stress. It is a known fact that holiday stress invades the workplace and productivity declines. Thoughts of travel plans, shopping and planning for social events preoccupy most people during the season. Balance and moderation are key words to remember. Who can resist all those special nonstop […]
According to Wikipedia, “Gamification is the application of typical elements of game playing (e.g., point scoring, competition with others, rules of play) to other areas of activity, typically as an online marketing technique to encourage engagement with a product or service.” So what does this have to do with the workplace?
Do you remember the last time you went to purchase an automobile? You knew what you were looking for: a reliable, dependable car. You wanted it to be functional, but look nice as well. For practical purposes, it should have cup holders, a navigation system, and maybe an excellent sound system. When you arrive at the dealers, they show you models that have apps, texting ability, iTunes, seat warmers, steering wheel warmers, auto starts. How about a self- parking capacity and a warning system when someone gets too close to you or the reverse? Before you know it, you are walking out of the dealer with accessories you will most likely never use, and wondering, How did that happen?”
The Department of Labor’s announced that the final rules regarding the White Collar Exemption Regulations will be published July 2016. As we all know the regulations will become effective 60 days after publication, which is September 2016. The proposed regulations will increase the salary basis test for most FLSA exemptions.
The Department of Labor?s (DOLs) proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA) in June of 2015. The proposal is now with the Office of Management and Budget (OMB) for final review. There is a period of review, which could be a few weeks or a few months.
It’s hard to believe the Affordable Care Act was signed into law in 2010. It seems like it has been in existence much longer than that. Perhaps this is partially due to all the changes that take place, sometimes monthly. Just when you think you have mastered its nuances, another update comes along. There is no real way of simplifying reporting requirements as a whole. Additionally, for mid-sized companies (50 or more full-time or equivalent employees), there is no extra year of relief from reporting.
Reporting the 1094-C is by far the easiest part of ACA reporting. The data you need for the 1094-C is employer-level data, which is information that all employers are tracking, even if it’s in an Excel spreadsheet. It is fairly easy for a payroll solution to track total number of employees on a month-to-month basis. This is especially true if there is an HR component tied to payroll to pick up employees who are considered part of that total employee count who are not receiving a paycheck (e.g. employees out on unpaid FLMA). Full-time employee count on a month-to-month basis can be a little trickier, particularly when employers are utilizing a look back measurement period. This data point is still fairly easy to come up with, or track from a payroll and time & attendance perspective. The hardest part of the 1094-C is line 22, but the answers to line 22 are really answers that need to be figured out by a broker advisor, or at the employer level, not by a technology solution.