This alert is applicable to all large employers (ALEs) – generally, those with at least 50 full-time equivalent employees. The Internal Revenue Service (IRS) has released Rev. Proc. 2024-35, which contains the inflation adjusted amounts for 2025 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable Care Act’s (ACA) employer shared...Read More
Financial stress is a significant concern for many employees in today’s challenging times. Addressing this issue is beneficial for the workforce and the organization alike. One effective way to enhance employee productivity and reduce turnover rates is by implementing a financial wellness program. Here are seven practical steps to boost employee financial wellness in your workplace:...Read More
Take your employee leave management to the next level with our comprehensive guide for HR professionals – read this post for everything you need to know!Read More
Embracing the practice of benchmarking employee benefits is a strategic move for businesses. It helps maintain a competitive edge and ensures the satisfaction and retention of the workforce. With employee benefits constantly evolving, regular assessments that compare your offerings with those of national, regional, and local competitors are a surefire way to stay competitive, meet...Read More
HR compliance is more than just a legal obligation—it’s a strategic necessity that plays a pivotal role in an organization’s success and sustainability. Adhering to national, state, and local regulations such as the Affordable Care Act (ACA), the Employee Retirement Income Security Act (ERISA), the Consolidated Omnibus Budget Reconciliation Act (COBRA), and the Health Insurance...Read More
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