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Protecting Your Data is Critical: Is your employer-sponsored retirement plan keeping up with best practices for information security?

Protecting Your Data is Critical: Is your employer-sponsored retirement plan keeping up with best practices for information security?

The need to protect data exchanged in connection with 401(k) plans has been highlighted recently due to guidance released by the Department of Labor (DOL). Earlier this year, the Government Accountability Office (GAO) issued a report entitled “Defined Contribution Plans: Federal Guidance Could Help Mitigate Cybersecurity Risks in 401(k) and Other Retirement Plans.” In the report, the GAO found that, while plan sponsors and their service providers (record keepers, third party administrators, custodians and payroll providers) are required to exchange the sensitive personally identifiable information of the over 100 million individuals who participate in defined contribution plans, the DOL had not clarified “the fiduciary responsibility for mitigating cyber risks.”

June 29, 2021 ・3 mins read

CARES Act: Retirement Relief Implications for 401(k) Sponsor Plans

In response to the Coronavirus pandemic, President Trump signed the Coronavirus Aid, Relief and Economic Security Act (CARES Act) on March 27, 2020. The CARES Act provides relief to many Americans affected by the Coronavirus, and includes retirement plan provisions.

April 13, 2020 ・4 mins read

Paycheck Protection Program Loans - New Guidance Issued: What Small and Medium Size Businesses Need to Know

On March 27, 2020, the U.S. government launched its small-business relief program as part of the recently enacted CARES Act. The Act provides $2.2 trillion in fiscal stimulus, including a $350 billion Paycheck Protection Program (PPP) for small businesses.

April 13, 2020 ・10 mins read

Families First Coronavirus Response Act: What It Means for Your Small and Medium Size Business

The COVID-19 pandemic is causing a lot of uncertainty and concern for everyone across the globe. As a small and medium size business (SMB) owner you are likely facing challenges that are unique to those faced by larger corporations, and it’s also likely that you may be unsure about steps to take to protect and support your employees while ensuring you’re doing all the swiftly changing laws require.

March 19, 2020 ・9 mins read

How Small and Medium Size Businesses Can Prepare for the Impact of Covid-19 - Part 1

The spread of COVID-19 continues to cause uncertainty and it presents unique challenges for small and medium size businesses (SMBs). We have gathered the most pressing questions that are top of mind with our clients and business owners and will address them through our blog series.

March 12, 2020 ・7 mins read

Have a Business in New Jersey? Be Aware of S3170: A New Law Effective This Year

S3170 has been enacted in New Jersey making it the first state to mandate severance for workers if they are part of a mass layoff. What is S3170? Learn more.

January 30, 2020 ・3 mins read

CEO of TriNet, Burton Goldfield, Discusses The Challenges Facing Small Business in the U.S.

On Fox Business's Mornings with Maria, TriNet CEO Burton Goldfield discusses providing small business with a cloud-based human resources platform.

April 15, 2019 ・1 min read

At-Will Employment: Not All It’s Cracked Up to be for Employers

All too often, small business managers think, “my business is in an at-will state, which means we can terminate someone’s employment for any reason or for no reason at all, right?” Wrong. There are a number of exceptions to the employment-at-will doctrine.

January 24, 2019 ・3 mins read

Key HR Regulations You Should Keep in Mind While Planning 2017, Part 1

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.

January 24, 2019 ・4 mins read

Learning to Let Go: Best Practices for Handling Employee Terminations

Terminating employees is often difficult and always fraught with considerable legal risk. But there are several key best practices you can follow that can ease the transition and help protect your business.

January 24, 2019 ・4 mins read

The New COVID-19 Stimulus Package: What it Means for Small and Medium-Size Businesses

In a long-awaited move, Congress passed a sweeping new COVID-19 stimulus package last week. It was signed by President Trump on Sunday night. There are important provisions for small and medium-size businesses (SMBs) that are covered in this blog.

December 28, 2020 ・6 mins read

Voting During the Pandemic Considerations for Casting Your Ballot

COVID-19's detrimental impact has affected individuals, communities, businesses and organizations globally. From social distancing and working from home to not being able to dine indoors at your favorite restaurants or readily getting a professional haircut in certain states, almost everyone has felt the impact. Now with U.S. presidential elections just a few weeks away, the way the American public votes is also going to change. While it is also important to consider our civic duty, it is equally important to cast our votes in a safe manner.

September 17, 2020 ・3 mins read

It’s National Payroll Week! Recognizing the Payroll Pros – The People Who Make Sure We Get Paid

In these unprecedented and challenging times, there is one thing we all know for sure: we still want our paycheck. And payroll teams across the country are continuing to work in the background, through all the trials brought on by the pandemic, to make sure you get that paycheck on time, every single time.

September 8, 2020 ・4 mins read

To Our Valued Customers From TriNet President and CEO Burton Goldfield

To Our Valued Customers From TriNet President and CEO Burton Goldfield

As we come together to navigate this challenging global event, our thoughts go out to those impacted by COVID-19. TriNet continues to closely monitor the situation and is following the Centers for Disease Control and Prevention (CDC) recommendations for preventing spread of the virus

March 25, 2020 ・3 mins read

How Small And Medium Size Businesses Can Prepare For The Impact Of Covid 19 - Part 2

The COVID-19 pandemic is causing a lot of uncertainty and concern for everyone across the globe. As a small and medium size business (SMB) owner you are likely facing challenges that are unique to those faced by larger corporations, and it’s also likely that you may be unsure about steps to take to protect and support your employees while ensuring you’re doing all the swiftly changing laws require.

March 15, 2020 ・7 mins read

Kansas v. Garcia: As States Seek to Enforce Federal Immigration Laws, Employers Are Once Again Caught in the Middle

In recent years, employers have found themselves caught in a tug-of-war between the federal government and state governments as to whether states can arrest and prosecute undocumented individuals who are unlawfully employed, due to action or inaction of either the employer or employee.

March 9, 2020 ・5 mins read

Inside the Herd – LA Rams

Go behind the scenes with LA Rams in this episode and meet the people who make dreams come true for future Los Angeles Rams players.

January 27, 2020 ・1 min read

Exempt or Non-Exempt? A Loaded (and Potentially Costly!) Question

Exempt/non-exempt status refers to an employee’s eligibility for overtime pay and certain other legal rights. This status is determined based on applicable law and such factors as the nature of the employee’s work, duties and responsibilities, and level and form of compensation. It can be extremely costly to miscategorize an employee.

January 25, 2019 ・9 mins read

3 Steps Employers Can Take to Address Changing Marijuana Laws

Legalization of marijuana has been one of the fastest moving trends in the country. Moving through the haze of state and federal laws on the legal status of marijuana can be difficult. However, if employers take a step back, they will see that it should mostly be “business as usual” at their workplace. To effectively deal with this issue, employers should consider these three steps.

January 24, 2019 ・4 mins read

Mental Health Parity: What Employers Need to Know

Mental health parity describes the equal treatment of mental health conditions and substance use disorders in insurance plans. It is important for business owners to be aware of laws around mental health parity to avoid contracting with an insurance carrier whose plan design does not meet the standard. True mental health parity may be a work in progress but as an employer, you can take steps to minimize the impact of mental health issues in the work environment.

January 24, 2019 ・4 mins read

Why Now Might be a Good Time to Consider a High-Deductible Health Plan

With healthcare reform currently in flux, many business owners may find themselves trying to grapple with the best way to continue providing their employees with competitive benefits. While TriNet can help individual businesses design a benefits strategy that works for their industry, location and size, now may also be a good time for businesses across the country to take a closer look at high-deductible health plans (HDHPs).

January 24, 2019 ・4 mins read

Protecting Your Data is Critical: Is your employer-sponsored retirement plan keeping up with best practices for information security?

Protecting Your Data is Critical: Is your employer-sponsored retirement plan keeping up with best practices for information security?

The need to protect data exchanged in connection with 401(k) plans has been highlighted recently due to guidance released by the Department of Labor (DOL). Earlier this year, the Government Accountability Office (GAO) issued a report entitled “Defined Contribution Plans: Federal Guidance Could Help Mitigate Cybersecurity Risks in 401(k) and Other Retirement Plans.” In the report, the GAO found that, while plan sponsors and their service providers (record keepers, third party administrators, custodians and payroll providers) are required to exchange the sensitive personally identifiable information of the over 100 million individuals who participate in defined contribution plans, the DOL had not clarified “the fiduciary responsibility for mitigating cyber risks.”

June 29, 2021 ・3 mins read

The New COVID-19 Stimulus Package: What it Means for Small and Medium-Size Businesses

In a long-awaited move, Congress passed a sweeping new COVID-19 stimulus package last week. It was signed by President Trump on Sunday night. There are important provisions for small and medium-size businesses (SMBs) that are covered in this blog.

December 28, 2020 ・6 mins read

Voting During the Pandemic Considerations for Casting Your Ballot

COVID-19's detrimental impact has affected individuals, communities, businesses and organizations globally. From social distancing and working from home to not being able to dine indoors at your favorite restaurants or readily getting a professional haircut in certain states, almost everyone has felt the impact. Now with U.S. presidential elections just a few weeks away, the way the American public votes is also going to change. While it is also important to consider our civic duty, it is equally important to cast our votes in a safe manner.

September 17, 2020 ・3 mins read

It’s National Payroll Week! Recognizing the Payroll Pros – The People Who Make Sure We Get Paid

In these unprecedented and challenging times, there is one thing we all know for sure: we still want our paycheck. And payroll teams across the country are continuing to work in the background, through all the trials brought on by the pandemic, to make sure you get that paycheck on time, every single time.

September 8, 2020 ・4 mins read

CARES Act: Retirement Relief Implications for 401(k) Sponsor Plans

In response to the Coronavirus pandemic, President Trump signed the Coronavirus Aid, Relief and Economic Security Act (CARES Act) on March 27, 2020. The CARES Act provides relief to many Americans affected by the Coronavirus, and includes retirement plan provisions.

April 13, 2020 ・4 mins read

Paycheck Protection Program Loans - New Guidance Issued: What Small and Medium Size Businesses Need to Know

On March 27, 2020, the U.S. government launched its small-business relief program as part of the recently enacted CARES Act. The Act provides $2.2 trillion in fiscal stimulus, including a $350 billion Paycheck Protection Program (PPP) for small businesses.

April 13, 2020 ・10 mins read

To Our Valued Customers From TriNet President and CEO Burton Goldfield

To Our Valued Customers From TriNet President and CEO Burton Goldfield

As we come together to navigate this challenging global event, our thoughts go out to those impacted by COVID-19. TriNet continues to closely monitor the situation and is following the Centers for Disease Control and Prevention (CDC) recommendations for preventing spread of the virus

March 25, 2020 ・3 mins read

Families First Coronavirus Response Act: What It Means for Your Small and Medium Size Business

The COVID-19 pandemic is causing a lot of uncertainty and concern for everyone across the globe. As a small and medium size business (SMB) owner you are likely facing challenges that are unique to those faced by larger corporations, and it’s also likely that you may be unsure about steps to take to protect and support your employees while ensuring you’re doing all the swiftly changing laws require.

March 19, 2020 ・9 mins read

How Small And Medium Size Businesses Can Prepare For The Impact Of Covid 19 - Part 2

The COVID-19 pandemic is causing a lot of uncertainty and concern for everyone across the globe. As a small and medium size business (SMB) owner you are likely facing challenges that are unique to those faced by larger corporations, and it’s also likely that you may be unsure about steps to take to protect and support your employees while ensuring you’re doing all the swiftly changing laws require.

March 15, 2020 ・7 mins read

How Small and Medium Size Businesses Can Prepare for the Impact of Covid-19 - Part 1

The spread of COVID-19 continues to cause uncertainty and it presents unique challenges for small and medium size businesses (SMBs). We have gathered the most pressing questions that are top of mind with our clients and business owners and will address them through our blog series.

March 12, 2020 ・7 mins read

Kansas v. Garcia: As States Seek to Enforce Federal Immigration Laws, Employers Are Once Again Caught in the Middle

In recent years, employers have found themselves caught in a tug-of-war between the federal government and state governments as to whether states can arrest and prosecute undocumented individuals who are unlawfully employed, due to action or inaction of either the employer or employee.

March 9, 2020 ・5 mins read

Have a Business in New Jersey? Be Aware of S3170: A New Law Effective This Year

S3170 has been enacted in New Jersey making it the first state to mandate severance for workers if they are part of a mass layoff. What is S3170? Learn more.

January 30, 2020 ・3 mins read

Inside the Herd – LA Rams

Go behind the scenes with LA Rams in this episode and meet the people who make dreams come true for future Los Angeles Rams players.

January 27, 2020 ・1 min read

CEO of TriNet, Burton Goldfield, Discusses The Challenges Facing Small Business in the U.S.

On Fox Business's Mornings with Maria, TriNet CEO Burton Goldfield discusses providing small business with a cloud-based human resources platform.

April 15, 2019 ・1 min read

Exempt or Non-Exempt? A Loaded (and Potentially Costly!) Question

Exempt/non-exempt status refers to an employee’s eligibility for overtime pay and certain other legal rights. This status is determined based on applicable law and such factors as the nature of the employee’s work, duties and responsibilities, and level and form of compensation. It can be extremely costly to miscategorize an employee.

January 25, 2019 ・9 mins read

At-Will Employment: Not All It’s Cracked Up to be for Employers

All too often, small business managers think, “my business is in an at-will state, which means we can terminate someone’s employment for any reason or for no reason at all, right?” Wrong. There are a number of exceptions to the employment-at-will doctrine.

January 24, 2019 ・3 mins read

3 Steps Employers Can Take to Address Changing Marijuana Laws

Legalization of marijuana has been one of the fastest moving trends in the country. Moving through the haze of state and federal laws on the legal status of marijuana can be difficult. However, if employers take a step back, they will see that it should mostly be “business as usual” at their workplace. To effectively deal with this issue, employers should consider these three steps.

January 24, 2019 ・4 mins read

Key HR Regulations You Should Keep in Mind While Planning 2017, Part 1

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.

January 24, 2019 ・4 mins read

Mental Health Parity: What Employers Need to Know

Mental health parity describes the equal treatment of mental health conditions and substance use disorders in insurance plans. It is important for business owners to be aware of laws around mental health parity to avoid contracting with an insurance carrier whose plan design does not meet the standard. True mental health parity may be a work in progress but as an employer, you can take steps to minimize the impact of mental health issues in the work environment.

January 24, 2019 ・4 mins read

Learning to Let Go: Best Practices for Handling Employee Terminations

Terminating employees is often difficult and always fraught with considerable legal risk. But there are several key best practices you can follow that can ease the transition and help protect your business.

January 24, 2019 ・4 mins read

Why Now Might be a Good Time to Consider a High-Deductible Health Plan

With healthcare reform currently in flux, many business owners may find themselves trying to grapple with the best way to continue providing their employees with competitive benefits. While TriNet can help individual businesses design a benefits strategy that works for their industry, location and size, now may also be a good time for businesses across the country to take a closer look at high-deductible health plans (HDHPs).

January 24, 2019 ・4 mins read

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