President Trump has already gotten to work on repealing and replacing the Affordable Care Act (ACA). However, we can expect extensive delays before we see any significant changes to the ACA.In the meantime, companies are advised to continue to comply with the ACA to avoid penalties, including “pay or play” mandate for Applicable Large Employers (ALEs) to offer ACA compliant coverage and Section 6056 reporting.
If you are an entrepreneur in the financial services industry or run a financial services firm, you know that there is simply no “one size fits all” solution to your human resources (HR) needs. Here are four of the most common areas of concern financial services firms have when it comes to administrative HR – and recommendations for combatting them.
In the world of unemployment benefits claims, “termination” simply the end of an employment relationship. There are generally two types of terminations – voluntary and involuntary. In this post, we’ll focus on unemployment benefits claims based on voluntary terminations.
My work at TriNet is focused on helping small and midsize businesses (SMBs) be successful. In working with more than 13,000 SMBs, I can’t help but notice the parallels between winemaking and the principles involved in effectively building a successful business.
The new year brings a new administration in the White House starting Jan. 20. Many in the HR community predict that the new administration will also bring a host of regulatory changes that could impact you and your business. In the second part of our two-part series, we highlight more issues that you should keep an eye on as you plan for 2017.
As you may have heard, a federal court issued an order blocking the new Fair Labor Standards Act overtime rule from taking effect on December 1, 2016. Many businesses had already made plans to implement changes based on the anticipated effective date, but now that the rule has been delayed, perhaps indefinitely, they are wondering what to do next.
2017 brings many changes, including a new administration in the White House starting Jan. 20. Many in the HR community predict that the new administration will also bring a host of regulatory changes that could impact you and your business. In this two-part series, we have compiled a list of key issues that you should keep an eye on as you plan for 2017.
One of the biggest challenges businesses face today is employee engagement and retention. Workers are bouncing between jobs at a rate twice as high as they were a decade ago and company culture is often the reason given for leaving, or taking, a job. Here is a list of top five trends that will shape company culture in 2017.
A new law, that was signed by President Obama on Dec.13, 2016, will impact employee health benefits offered by small employers. If you are a qualified small employer, you can now sponsor health reimbursement arrangements which until now were only available to applicable large employers.
One of the most dangerous consequences of a poor performance management process is how it reduces workplace morale and contributes to employee turnover. A weak performance management strategy is a costly exercise with little value, so how do we make the performance management process more effective?