3 Ways Your HR Team Can Master Compliance
October 18, 2016
Complex rules, weighty administrative responsibilities, zero margin for error: When it comes to complying with employment legislation, the burden for U.S. businesses — both large and small — is substantial. Small and medium-sized businesses in particular must manage their resources wisely, and can find it increasingly difficult to allocate the staff – and the time […]
ACA-Related Costs and Premiums Predicted to Increase in 2017
September 21, 2016
With the 2017 open enrollment for the Affordable Care Act (ACA) or “Obamacare” just around the corner, states are beginning to approve insurer rate requests. Based on the results so far, people who buy health insurance on their own via the marketplace can expect some steep premium surges. Employers, also, can expect hikes in ACA-related […]
Employer Alert: Spotting Overtime Exemption Inconsistencies
September 1, 2016
It’s not every day that the U.S. Department of Labor changes its interpretation of overtime exemption. But when it happens, major confusion can ensue. This is resoundingly true in the case of Encino Motorcars, LLC v. Navarro, et al., 136 S. Ct. 2117 (2016), in which costly uncertainty related to the classification of service advisors […]
5 Worth-It Tools for Advanced HR Management
August 10, 2016
Remember when the human resource function within most companies was largely administrative? Josh Bersin paints the picture perfectly when he describes traditional HR as being “focused on service delivery, staying efficient and reducing cost and headcount.”[i] But, times are changing. HR’s realm of responsibility – and the impact it has on the business at large […]
3 Ways to Safeguard Your Company’s Culture
July 13, 2016
Founders and early employees are the ones who develop the company’s cultural blueprint. If not intentionally managed, the culture can dissipate.
Exploring Overtime Expansion: Inside Sales Employees
May 24, 2016
The Department of Labor’s new rule is expected to extend overtime protections to 4.2 million white-collar workers beginning Dec. 1, 2016.
This Easter, Put ALL Your Eggs in ONE Basket
March 23, 2016
Go ahead, do it: Put all your eggs in one basket.
How ACA Form Extension Affects Employees, Individual Mandate
January 20, 2016
For 2016, certain employers are required to provide employees with the IRS Form 1095-C, “Employer-Provided Health Insurance Offer and Coverage,” in time for employees to file for their taxes
Saying ‘Thank You’: Taking It Back to the Basics
November 24, 2015
I’m sure I’m not the only one who has heard, “Now, what do you say,” after receiving a gift or kind gesture. We were schooled to be respectful from the time we were toddlers.
HR Technology: From Chore to Choice
October 20, 2015
The countdown is over and the 2015 HR Technology Conference & Exposition is in full swing in Las Vegas. More than 3,000 attendees are finding out what’s new, what’s changing and how it can help their businesses work better.
ACA’s Definition of Small Employer for Insurance Groups Left Up to States
October 9, 2015
In what has become a regular occurrence, the Affordable Care Act (ACA) has seen another change, this time in the form of the Protecting Affordable Coverage for Employees (PACE) Act. The most recent bill, signed into law by President Barack Obama, allows states to change the definition of a small business for group insurance purposes, meaning premiums for thousands of employees may not increase as was originally feared.
5 Essential Tools to Expand Your Influence
September 2, 2015
At the beginning of the year, Stacey Pezold, Paycom’s COO, encouraged us all to innovate. In addition to having an idea, she said that, in order to innovate, you have to: get your mind in the right place, which is intent, and ensure your heart is ready and open for change, which is inspiration.
3 Reasons HR Software is Underutilized
July 30, 2015
Have you ever bought anything from a store’s “as seen on TV” section? I’m guilty of it and the proud owner of my own personal Snuggie – an ingenious idea. Odds are, many of the impulse items you purchase end up on top of a bookshelf where it serves as a dust collector. Perhaps the same is true of your HRIS software, but unlike The Shake Weight, your HR software serves a more profound purpose.
Jawbs: Sharks’ Similarities to Job Titles
July 7, 2015
Just like you and me, sharks have their own set of personality traits, and these attributes have set both species apart as apex predators. In honor of one of the greatest weeks featuring our misconstrued finned friends from the sea, TV’s Shark Week, we are discussing the parallels shared between sharks and the job titles that make up corporate America.
Innovation: Get Inspired, Be Inspiring
June 23, 2015
I started the year talking about innovation and how we all can be innovators. Great innovators are ordinary people, like you and me, doing extraordinary things.
The Battle Back Home: 5 Tips for Hiring Military Veterans
May 22, 2015
Each year, an estimated 240,000 to 360,000 soldiers rejoin civilian life. For many, trying to find a job upon their return becomes another battle they face. To address this issue, Joining Forces, a nationwide effort to support service members, veterans and their families, was launched by the White House. Initiatives such as these have sparked coast-to-coast interest in veteran-specific recruiting efforts.
Get Your Gears Going, It’s Time to Stand Out
April 21, 2015
Have you ever not gotten a promotion and wondered what you could have done differently or what the person who received the promotion had that you didn’t? More than likely, they stood out among the crowd because they exceeded expectations on a daily basis and always gave a little extra. If you continually show commitment to go above and beyond your job description, the impact is significant.
Collecting Time Data: Who Has the Time?
March 19, 2015
Businesses find that labor is one of the expenses taking a big bite out of their budgets every year. They strive to find a balance between labor and workload for optimal performance and cost effectiveness, but leave themselves vulnerable to serious risk without the proper tools and processes in place. Although a large cost, labor can be controlled with a few best practices.
Company Wellness Programs: Bank or Bust?
February 26, 2015
When it comes to company wellness programs, 88 percent of employees feel their employer has no significant impact on their overall well-being. “But wait,” an employer might say, “we have a company gym to promote wellness, right?” Unfortunately, the Field of Dreams line of “If you build it, they will come” doesn’t apply here. Well-being includes elements other than the physical kind.
True Confessions: The Biggest Mistake Organizations Make in Employee Surveys
February 6, 2015
Your company issued an engagement survey. Employees were enthusiastic about participating, and did. The results are in. Now what do you do?
Get 7-Times Greater Results with These 5 Leadership Traits
January 29, 2015
With each passing day, technology advances, allowing us to not only do more, but do so faster and easier. To keep up with that quickened pace, businesses must tap into their most visionary people, which is why developing leaders of your workforce is so crucial.
4 Entrepreneurial Lessons from MLK
January 19, 2015
As we celebrate the life and legacy of Martin Luther King Jr., let us all take a moment to remember the great leader that he was. Like today’s entrepreneurs, King was a visionary, but his achievements didn’t come easy. In fact, they came at a cost, yet he persevered and never backed down. King is a role model for so many, but entrepreneurs in particular can take note of these four valuable lessons he taught us:
5 New Year’s Resolutions for HR Departments
January 9, 2015
Many New Year’s resolutions circling the office are the same as last year’s, but several resolutions exist that HR professionals can employ to have significant impacts on your organization.
WOTC Extended through 2014
December 30, 2014
President Obama has signed into law the Tax Increase Prevention Act of 2014, which extends the Work Opportunity Tax Credit (WOTC) until the end of December. Employers have diligently processed their employees for WOTC not knowing if the potential credit would be renewed, but with the recent extension they can be assured their efforts to utilize WOTC and other tax credits were not wasted; however, we are quickly approaching a deadline that is now just days away.
7 Simple Ways to Enhance Philanthropic Efforts
December 18, 2014
The old adage of “It’s better to give than to receive” reigns true after all. Whether donating money or time, giving back is important – and not just for the recipients. Research shows that 52 percent of volunteers do it because they like helping others and doing something useful, while 38 percent said the work makes them feel good. Giving brings joys to both sides of the equation, but charitable initiatives could have a greater impact on your organization, as giving promotes cooperation and connection.
An Attitude of Servitude: 5 Ways to Improve Customer Service
December 3, 2014
An attitude of servitude is hard to come by these days. Not because there are meaner people in the world today than there were yesterday; no, it’s because you and I let it happen. Can you believe this interaction? The story goes: I called in an order at a local restaurant. I wanted to know how much would feed 20 people (a reasonable question). The waiter's response “Ma’am I don’t know, once you figure it out call us back.” So I hung up and called back with my order, (true story). Unfortunately, many of us have gotten so used to poor customer service that now we just expect it.
An Outlook on ACA: Are You Ready?
November 17, 2014
If you employ 50 or more full-time or full-time-equivalent employees, you should be ready for the Affordable Care Act’s employer mandate, as we are now T-minus 44 days from the New Year. While you’re planning holiday parties and strategizing for Black Friday, don’t overlook prepping for ACA compliance. Here’s the good news: 92% of Paycom’s ACA webinar attendees feel their company is in compliance with the ACA. That’s a staggering number considering all of the changes and unknowns that still exist with one of the largest changes to health care our country has ever seen. If you aren’t among that 92%, here’s what you should be asking yourself as you head into the New Year.
More than 50 Percent of Employees Confused About Open Enrollment
November 4, 2014
Open enrollment can strike fear in the hearts and minds of many. Because let’s face it: Benefits can be confusing. According to the 2014 AFLAC Workforces Report, 73 percent of employees think health care reform is too complicated to understand. For HR professionals, this statistic is a huge concern. Perhaps the reason for this confusion is a gap in communication between HR and employees. How did this happen? How can HR keep employees engaged? The solution is quite simple: Educate, educate, educate.
Step Two: Cut Off Supplies to the Undead
October 28, 2014
How will you survive the zombie apocalypse that is open enrollment? We all know that the undead don’t need braces, but could breaks in how you administer your benefits leave zombies on your company’s paid benefits? Research shows that the complexity of open enrollment is the top concern for employers and employees. Such intricacy can cause errors, additional costs, long processing time and an overall drain on your HR department. Don’t fall victim to this terrifying task; prepare yourself and your employees for survival.
3 Spousal Benefits Gained by Same-Sex Couples in Supreme Court Ruling
October 13, 2014
Early October marked a turning point for same-sex couples, as The Supreme Court let lower court rulings stand that overturned bans on same-sex marriage in five states. This decision granted same-sex spouses equal state tax treatment for employer-provided benefits. The court declined to review decisions from three federal appeals courts, therefore legalizing same-sex marriage in Indiana, Oklahoma, Utah, Virginia and Wisconsin.
Bring the League to Work Day?
September 15, 2014
If you’re like me then you are a Fantasy Football gamer. Your Sundays are consumed with NFL RedZone, checking your phone for score updates, watching the injury report and monitoring for the latest potential waiver wire pickups. But as you are probably also aware, Fantasy Football bleeds over into the workweek, creating a source of comradery between coworkers but ultimately costing employers big bucks.
Rethink the Shark: Don’t Let Fear Hold You Back
August 12, 2014
Despite their bad rap, sharks aren’t quite the bloodthirsty animals Hollywood has made them out to be. While Jaws may have been the box-office champ of its time, reality paints a different picture of these toothy sea creatures. Thanks to that 1975 film, its sequels, its rip-offs and other pieces of pop culture across several media – including Discovery’s ever-popular, annual Shark Week – we fear sharks.
ACA and Entrepreneurial Independence
July 3, 2014
On the eve of Independence Day, I want to take a moment to look at a unique comparison between our country’s founding fathers and the people who have helped create jobs for you and me: the American entrepreneur. Although separated by time, the two have something in common in the Affordable Care Act (ACA). The federal government’s controversial legislation has our founding principles and entrepreneurial spirit on the proverbial pins and needles.
Are You A-OK with BYOD?
April 24, 2014
In growing numbers, businesses are experimenting with the concept of allowing their employees to use their own mobile devices (laptops, cellphones and tablets) at work, for work. Since 2007, the bring-your-own-device (BYOD) craze has seen an increase in popularity because it reduces employer costs while increasing productivity by giving employees added flexibility, both personally and professionally.
College Grads: What Should You Look for in a Company?
April 15, 2014
As a recent graduate myself, I know all too well about the immediate fear that ensues the excitement of graduation day. It’s a day you’ve been preparing for your entire college career, but yet it hits you so unexpectedly. Mid-day naps and catching up with friends after class will soon be distant memories. Eight to five will most likely be many of yours’ new normal. While this may not seem ideal for some, each student has an impending responsibility to grow-up, graduate and get a job.
More Changes Announced for ACA’s Employer Mandate
February 11, 2014
Change is coming again for employers subject to the Affordable Care Act’s employer mandate as the Obama administration announced two major modifications on Feb. 10, including: further delaying portions of the mandate for certain employers, and adjusting the percentage of employees who must be covered by employers beginning in 2015.
W-2 Distribution: When Should I File?
January 22, 2014
The beginning of the New Year is a time for celebration, commemorating last year’s accomplishments and pledging new goals for the New Year. However, don’t get caught up in the excitement and forget to submit your W-2’s. Although a letdown for many, W-2 form distribution is required. That is unless you want to run the risk of accruing fines and penalties, which can really lead to a rough start to the New Year.
Steering Through ACA’s ‘Cadillac Tax’
December 17, 2013
Experts say that this trend is endangered by an excise tax, otherwise known informally as the “Cadillac tax,” mandated under the federal government’s Affordable Care Act.
Government’s E-Verify Services Reopen
October 17, 2013
For employers who received a Tentative Nonconfirmation for employees between Sept. 17 and Sept. 30, and were unable to resolve it due to the shutdown, the employees will have 12 federal business days added to the date printed on the “Referral Letter” or “Referral Date Confirmation” to resolve such cases. Employees have until that date to contact the Social Security Administration or the Department of Homeland Security to resolve their cases.
Power-Packed Affordable Care Act Resource Guide
August 2, 2013
Because of the complexity of the Affordable Care Act (ACA), the IRS has created a new, simple Publication 5093 to help employers find answers to questions about the new health care law. This one-page publication contains links to websites where employers may find further information on health insurance, tax benefits and responsibilities and small business […]
Paycom Ushers in a New Era of Blogging
April 8, 2013
The debut of the Paycom Blog. By Kathy Oden-Hall When was the last time you did something for the first time? Today is that day for Paycom as we embark on a new adventure with the launch of our Human Capital Management Blog. With this blog, we are ushering in a new era of thought […]
IRS Releases Final, Updated 2016 ACA Forms
October 11, 2016
By now, it’s likely you’re aware that several forms of transition relief from the Affordable Care Act (ACA) that were available in 2015 have expired, and only limited relief continues to apply in 2016. As a result, the Internal Revenue Service has removed references to 2015 transition relief from 2016 Forms 1094- and 1095-C. It’s […]
Overtime Expansion Gets Heated as States Challenge Rule
September 21, 2016
Twenty-one states have filed a lawsuit in an attempt to halt the Department of Labor’s overtime expansion ruling. According to the complaint, the agency’s move to increase the salary threshold at which white-collar workers are eligible for overtime is unlawful, as it renders other statutory exemption requirements “virtually irrelevant.” A similar lawsuit was filed by […]
Gender Discrimination: Achieving Equality in Job Interviews
August 31, 2016
Equal employment opportunity laws prohibit employers from discriminating against job candidates and employees based on their gender. But, gender discrimination has a tendency to surface during job interviews. As seen in the case of Joyce Dennis. (Dennis v. Columbia Colleton Medical Group, 290 F.3d 639 (4th Cir. 2002)), organizations can be found liable for gender-based […]
Regulations and Compliance Trends Only Gaining Momentum
July 28, 2016
If the latest employment rule is any indication of what’s to come, regulations and compliance trends for employers aren’t going to slow down.
Reader’s Weekly Picks: Top 3 Paycom Blog Posts
June 15, 2016
It is no surprise that two of the three top blogs are in regard to the new overtime expansion rule. With a Dec. 1 effective date approaching, employers are searching for news on how to mitig
Department of Labor Announces Details of Final Overtime Rule
May 18, 2016
Yesterday, the U.S. Department of Labor announced the final details of its overtime rule in a fact sheet issued prior to publication in the Federal Register.
5 Ways HR Can Make Your Company Better
March 10, 2016
Human resources. For a lot of people, those two words conjure countless thoughts of W-2s, compliance procedures and news about insurance benefits.
ACA’s Employer Reporting Requirements Extended
December 29, 2015
If there is one thing that is synonymous with the Affordable Care Act (ACA), it is change.
E-Verify to Delete Records Older Than 10 Years
November 13, 2015
Have you been using E-Verify for more than a decade? If so, a recent action by the U.S. Citizenship and Immigration Services (USCIS) may affect you.
7 Deadly Sins of Employee Engagement
October 14, 2015
Even with the best of intentions, some of the methods chosen to improve employee engagement can backfire. Engaged employees can improve retention, strengthen a company culture and increase productivity, but all that is quickly ruined when any of these seven deadly sins are committed.
One for All: Tomorrow’s HR Tech Empowers Everyone
September 22, 2015
The future of HR technology lies in software that is an intrinsic part of your culture, workforce processes and employee training and development. Its permeation throughout your organization will help distribute the administrative responsibilities that often burden HR departments, as well as align the goals of your people with the organization. This foundation will reduce compliance risk, deliver more comprehensive analytics and foster a strategic environment where HR is a proactive business partner.
Leaders: Walk the Walk to Talk the Talk
August 27, 2015
Google “leadership” and you will find a whopping 464 million results. Videos, blogs, articles, research studies and trainings are all at your disposal, ready to help you become a better leader. However, the best advice I ever received was from my college professor. She said, “If you want people to follow you, you first have to gain their trust and respect.”
An Open Letter to HR
July 15, 2015
Juggling benefits, payroll, hiring and onboarding is quite the act to pull off. These are laborious tasks that need to be tended to, but there are also other items and forums where HR must assist. Take, for instance, any time employees want to know how their sick time accrues or need their last two pay stubs for income verification.
Affordable Care Act Subsidies Upheld: What You Need to Know
June 26, 2015
Yesterday, in a 6-3 decision, the U.S. Supreme Court upheld the federal subsidies of the Affordable Care Act (ACA) by ruling that the tax credits for health insurance are authorized in the 34 states that have a federal marketplace.
3 Steps to Ace a Learning Culture
June 8, 2015
In 2013, U.S. businesses spent nearly$162 billion on learning initiatives, according to the Association for Talent Development, and yet questions linger whether organizations are getting their money’s worth.
Innovation: Living Deliberately with Intention
May 18, 2015
All great innovations begin with someone intending to be different, be better and be successful. If you don’t have intent, you can’t innovate.
A Bell of a Year for Paycom
April 7, 2015
2014 was monumental for Paycom and I want to take a moment to reflect on the year that has passed since our initial public offering on the NYSE. In those 52 weeks, we’ve developed and released nine new major products or enhancements, added many new clients and witnessed the value of our stock more than double. The reason for our success is due to our unique value proposition: Paycom’s innovative technology, motivated people and astounding growth.
Work as We Know It: Redefined
March 11, 2015
Everything you used to know about work? Throw it out. Human resources (HR) departments today must operate in a whole new working world – a world that requires dramatic change and innovative thinking. It challenges existing practices – how leaders are developed, how teams are engaged and how work is designed. It’s all different.
Ready or Not, IRS Finalizes ACA Forms
February 18, 2015
The time has arrived for employers impacted by the eligibility reporting requirements of the Affordable Care Act (ACA), as the IRS officially released the 2014 versions of the final forms and instructions on Feb. 8. Posted were the following forms, which fulfill the reporting requirements under ACA sections 6055 and 6056:
Don’t Ask, Won’t Tell: 10 Questions You Should Be Asking Your Employees
February 5, 2015
Some employers believe they know everything about the company, but we believe your employees would disagree. And it’s not entirely your fault. As businesses scale from small start-ups to large enterprises, the lines of communication between management and the rest of the workforce begin to blur, making it all the more challenging to remain in tune with all parts of your organization.
2 Reasons Companies Resist Internships … and 2 Reasons Why They Shouldn’t
January 22, 2015
As spring inches closer and closer, HR teams can expect another round of resumes submitted for internships. Along with the flood comes the debate of whether you should be hiring interns at all.
IRS Issues Notice 2015-2 Guidance on Transit Benefits
January 16, 2015
Earlier this month, the Internal Revenue Service released Notice 2015-2, containing new guidelines to assist employers in making retroactive adjustments for 2014’s employer-provided excludable transit benefits.
4 Hot HR Trends for 2015
January 6, 2015
With increasing speed, advances in technology have shifted the way human resources are handled in the workplace. As we enter 2015, HR professionals find themselves fully entrenched in an era of complex and ever-shifting business, which requires more of them.
The Tax Increase Prevention Act Has Taken Effect
December 29, 2014
It is time to collect! President Barack Obama has signed HR 5771, aka the Tax Increase Prevention Act, into law. The highly anticipated legislation renews more than 50 expired tax breaks, allowing businesses, commuters and more to collect with tax season around the corner. For many in the corporate world, the excitement centers on the Qualified Transportation Fringe Benefit.
PAYving the Road to Excellence
December 16, 2014
Even though it’s our busiest time of the year, we’re never too busy to pass on some exciting news and thank our employees, yet again, for helping shine the spotlight on Paycom. Paycom’s employees shared their experiences and opinions helping Paycom earn two very prestigious workplace honors. This year Paycom took the number two spot on The Oklahoman’s Top Workplaces and landed on Glassdoor’s Top 50 Best Places to Work in 2014.
Sing Carols Not Ballads this Black Friday
November 26, 2014
What many know as Black Friday now starts as early as Thanksgiving Day; a Thursday. For businesses planning to open their doors as early as 5 p.m. Thursday, beware of potential employee morale issues. Your employees are giving up their time with family and friends, not to mention the copious amount of food consumed just hours prior to the doors opening, so there may be a bit of lag. The question arises, how can you prepare your staff for the rush, influence good customer service and improve overall employee well-being, while also boosting team morale?
10 Reasons to Be Thankful for Your Job
November 13, 2014
This November, ’tis the season to be thankful. Family and friends immediately come to mind, but have you ever stopped to consider what you’re thankful for at work? In our lifetimes, we will have spent roughly 99,117 hours at work. Surely if we’re going to be investing this amount of time, there’s got to be something we’re thankful for, right? This Thanksgiving, let’s take a moment to consider how good we have it.
Step Four: Vaccinate Against Disengagement
October 30, 2014
Forget The Walking Dead. You should be worried about the Walking Disengaged.
Step One: Gather the Survivors
October 27, 2014
Imagine this: You walk into work and no one is there. No, it’s not Saturday; it’s the beginning of the HR Zombie Apocalypse and no one bothered to tell you! What do you do now? Go cry in the corner? Or start an awesome new team of people to get the job done? I’m going to go with the latter. According to Webrecruit, “Companies that have formal candidate relationship processes (such as through software), and track all their applicant communications, are 40 percent more likely to be ‘best in class.’” If a zombie apocalypse comes around, don’t be trapped with no way out; have a way to find the best individuals to help you and your company survive.
What Happens When They’re ‘Just Not That into You’
October 7, 2014
After a magical first meeting, Betty was sure she had found “the one.” All the bells and whistles looked amazing as the sales rep showed off the product on his personal computer. The reports were pre-populated for her to view, and at that moment, everything just felt right. Now it’s almost payday and Betty is racking her brain because the numbers just aren’t adding up. She’s called customer support three times, but no one seems to be available. Where are they when you really need them? Despite the magic of that first encounter, Betty was beginning to have second thoughts.
The King of Cashola or CFO, Which Do You Prefer?
September 11, 2014
If you could choose any job in the world, what would it be? King of Cashola, Prince of Payroll, Master of Awesome? This is exactly what one nonprofit allowed their employees to do and it resulted in an overwhelmingly positive response. Can it work for you?
ACA Small-Business Tax Credit Too Good to be True?
July 28, 2014
The Affordable Care Act (ACA) has already or will drastically impact employers with 50 or more full-time employees; however, the IRS announced it will be expanding incentives – in the form of a tax credit – to small employers who offer insurance through the exchange to its employees.
2014 SHRM Recap: Finding the Right Vendor is Tough
July 1, 2014
If you weren’t at #SHRM14 this past weekend, then you missed out. A torrent of thought-provoking insights on leadership, developing a smarter workforce, advancing technologies and other HR initiatives were buzzing on the conference floors and Twitter as well. With all of the excitement surrounding these new HR strategies and offerings comes a number of questions and concerns. If you found yourself overwhelmed by the amount of information you received at SHRM and you’re not sure how to navigate through it all, hopefully this post will help you to iron a few things out, specifically when it comes to switching providers.
Be Smart: Go Green to Save Green
April 22, 2014
With Earth Day here once again, it’s a perfect time to remind businesses looking to cut costs that going green is a smart way to get more green in your revenue stream. Embracing the sustainability of people and technology in these five tips ultimately should improve your bottom lines. Going green is also a smart way to leverage award opportunities, recruit millennials and instill a reputation as a world partner.
ACA Reporting Requirements Become Clearer
March 20, 2014
While many portions of the Affordable Care Act (ACA) have been delayed, postponed or a mixture of the two, the IRS recently released two rules for employer reporting requirements.These rules are seen in Section 6055 and 6056 and will be reported via forms 1095-B and 1095-C, respectively. Both employers and insurers may voluntarily report for 2014, but reporting will not be required until 2015.
President Obama Reveals Increase in Minimum Wage for Federal Contract Workers
January 29, 2014
If you are an employer with federal government contracts, prepare to pay your employees a higher minimum wage on new contracts soon. President Barack Obama announced in a Jan. 28 White House fact sheet that he intends to issue an executive order in coming weeks requiring employers to pay contract workers at least $10.10 an hour, so price your future bids accordingly and anticipate additional guidance to ensure compliance.
The Historical Recurrence of the WOTC Hiatus
January 2, 2014
Times are changing, especially in the case of one of America’s staple tax credits, known as the Work Opportunity Tax Credit (WOTC). Since its inception in 1983 under a variety of different titles and officially pegged as WOTC in 1996, the federal tax credit has been modified and extended numerous times, including going on hiatus. Its last break was from Jan. 2, 2012, to Jan. 2, 2013, but it has expired yet again as we start 2014.
Shooting for the Stars – Long Term Healthcare
November 13, 2013
Long-term health care facilities aim for the Five-Star Quality Rating created by the federal government’s Centers for Medicare & Medicaid Services (CMS). Five stars indicate a facility has “much above average quality”; one star, far below. Is your organization capable of achieving the Five-Star goal, but falling slightly short? Or perhaps you and your staff have earned the rating, but find it difficult to maintain that level?
New ACA Requirements Creeping Up in October
September 11, 2013
As Oct. 1 quickly approaches, you may be feeling haunted by health care reform and the upcoming exchange notification requirements facing ALL employers subject to the Fair Labor Standards Act. Even if you already offer adequate and affordable health coverage to your employees, you too are required to issue exchange notifications to educate your workforce on the new health care marketplace.
Affordable Care Act Employer Mandates Delayed to 2015
July 3, 2013
The Department of Treasury announced on July 2, that the enforcement of the Affordable Care Act’s Employer mandate, which requires employers with 50 or more full-time equivalent employees to provide affordable health insurance or pay penalties, will be delayed until Jan. 1, 2015. Full implementation of the ACA was scheduled for the beginning of 2014, but reporting concerns prompted the Obama Administration to suspend reporting for 2014.
Timekeeping Solutions Every Employer Needs to Know About
September 27, 2016
Over the past few decades, technology has changed the way businesses work. This development is vividly evident in the progression of timekeeping systems. From the pen-and-paper approach to hardware terminals to web-based time clocks, timekeeping systems are evolving with the times. Timekeeping technology is a powerful resource for employers and only those offering the right […]
Minimum Wage Controversies Continue
September 8, 2016
In April 2016, we reported that California and New York became the first states to enact $15-per-hour minimum wage standards. Though no other state has adopted this precedent, New Jersey made an attempt – only to have it vetoed, and a handful of cities have passed similar minimum wage standards. Wage-related woes also loom large […]
5 Strategy-Building Tips to Help You Attract Top Talent
August 16, 2016
The terms “recruiting” and “talent acquisition” are often used interchangeably, but there’s a fundamental difference between them. Although recruiting is a part of talent acquisition, it takes a more reactive approach to filling positions – that is, the focus is on filling current openings. Talent acquisition is more concerned with identifying future organizational needs and […]
4 Ways to Evaluate HR Tech Like a CFO
July 20, 2016
In recent years, the gap between finance and HR has narrowed. Among more than 550 CFOs and CHROs surveyed in one study, 80 percent said their relationship has become more collaborative
Exploring Overtime Expansion: Commissions and Bonuses
June 6, 2016
If you’re planning to implement a pay structure that includes bonuses and commissions – or if you already have one – it’s important to understand how the Fair Labor Standards Act’s (FLSA) up
New PBJ Reporting Requirements for Long-Term Care Facilities
April 28, 2016
The latest in Section 6106 of the Affordable Care Act compliance is payroll-based journal (PBJ) reporting, affecting nursing homes and other long-term care facilities.
Yet Another Case Challenging ACA Rejected by Court
January 21, 2016
The latest challenge against the Affordable Care Act (ACA) has been rejected after the U.S. Supreme Court refused to hear a case questioning the source of the law’s origins.
‘Cadillac Tax’ Delayed to 2020
December 23, 2015
Businesses likely to be impacted by the Affordable Care Act’s looming “Cadillac tax” were given temporary relief.
When It Comes to HR Technology, Simple is Key
October 28, 2015
Is your HR technology complicated? Well, it shouldn’t be.
You Don’t Have to Be a ‘Best Company to Work For’ to Be a Best Company
October 12, 2015
There’s constant buzz in the HR community about being named a “best company to work for.” But HR executives should be careful in assuming that meeting those awards’ criteria is all it takes to be a “best company.”
Software Shows the Way as Companies Attempt to Navigate ACA Compliance
September 21, 2015
With nearly 11,000 pages of rules and regulations — and 47 significant changes since its inception — the Affordable Care Act (ACA) is one of the most complex, compliance-related burdens businesses ever will face. Add the risk of millions of dollars in fines for noncompliance and it appears that this federal legislation has created more anxiety and confusion than someone trying to navigate through a large metropolitan city with an outdated paper map.
8 Engagement Strategies to Drive Performance
August 11, 2015
Focusing efforts on engaging employees can be a slippery slope. Even employers with the best of intentions can find themselves spending their resources on free lunches and on-site gyms to make employees happy, only to lose sight of what true engagement means, why it matters and what fully engaged employees can do for their business.
Changes Coming to Definition of Exempt Employees
July 9, 2015
Millions of Americans could become eligible for overtime pay in the coming months.
When Good Intentions Go Bad: 5 Lessons from Jurassic World
June 24, 2015
The greatest flaw in intent is how often good intentions go bad. It doesn’t matter if you “didn’t mean to” offend someone; regardless, they’re upset and you have to figure out how to move on.
Supreme Court Ruling: Employer Motives Matter in Hiring… or Not Hiring
June 3, 2015
Imagine interviewing for a job and leaving confident you made a good impression, only to be told you didn’t get the position. Their reasoning, they say, was violating the “Look Policy.” This unfortunate turn of events is all too real and something Samantha Elauf, a 17-year-old Muslim, experienced.
3 ACA Reporting Alternatives Unraveled
April 23, 2015
For many organizations, the employer mandate and the reporting requirements of the Affordable Care Act (ACA) loom. Employers want to ensure they will be in compliance come January 2016, when the required forms are due to their full-time employees and the Internal Revenue Service. Yet many organizations remain confused by the law’s many complexities, especially […]
Illinois Acts to Halt Wage Theft
April 1, 2015
What if we lived in a world in which organizations were held accountable for wages owed to their employees? Look no further than Cook County, Ill., whose board of commissioners recently approved a wage theft ordinance. The new ordinance was passed on behalf of low-income employees who increasingly have been plagued by businesses taking advantage of their hard work and abusing labor requirements.
Innovation: It’s Not Too Late to Get It Right
March 4, 2015
I find myself having a love-hate relationship with New Year’s resolutions. Was I not good enough in 2014? Then I remember, each year is a blank, 365-page book, and we have the opportunity to rewrite our own story. It is a chance to restart and redefine who we are as people, as leaders and as businesses. A wise man once said, “I always wonder why birds stay in the same place when they can fly anywhere on earth, then I ask myself the same question.”
Illinois Sets Precedence with IRA Payroll Deduction Law
February 11, 2015
Recently, Illinois became the first state to break ground on what could be the next big trend affecting organizations and their employees preparing for retirement. Signed into law on Jan. 4, the Illinois Secure Choice Savings Program Act requires companies to automatically enroll their employees in – or give them access to –personal Individual Retirement Accounts (IRA) funded through payroll deductions.
The Inside Scoop: How to Find Out What Your Employees Aren’t Telling You
February 4, 2015
We talk a lot about employee engagement on this blog, and for good reason: Companies with an engaged workforce outperform those without by nearly 202 percent. Today, we’re not here to drill such stats into your head – besides, that one makes a pretty solid case on its own – but to discuss how businesses can engage their employees by surveying each and every one of them.
The Power of One: Why the Best Solution to HR Needs Is a Single Digit
January 20, 2015
With today’s cable television options numbering into the hundreds, Bruce Springsteen’s 1992 dismissal of the medium as “57 Channels (and Nothin’ On)” looks positively quaint. Clearly, hungry viewers reaching for the remote control are bound to find something that appeals directly to them, if not several somethings.
PTO TBD: Healthy Families Act Would Make Workplaces ‘Keep Pace’
January 15, 2015
According to a LinkedIn announcement made last Wednesday, President Barack Obama will call upon Congress today to pass the Healthy Families Act. This bill would require companies to give workers up to seven days of paid sick leave per year.
How to Handle 2015’s Extra Pay Period
December 31, 2014
Every four years, businesses must account for the phenomenon of an extra pay period. As such, weekly payroll inflates from 52 to 53 check dates, while biweekly payroll increases from 26 to 27.
A Holiday Miracle
December 23, 2014
‘Twas the night before the Holidays when all through HR, not a creature was stirring, except for Randi Tokar. The papers were stacked on his desk with care, overwhelmed, he looked at them with a blank stare.
ACA Loopholes Closing by a ‘Skinny’ Margin
December 15, 2014
Employers already are well aware that the health care landscape is changing – and changing drastically. But now employers who thought they were complying with the Affordable Care Act (ACA) are being told otherwise, as the Obama administration works to close loopholes – and fast.
Deck the Halls with Top Performers
November 21, 2014
As 2014 comes to a close, now is the opportune time for employers to reflect on certain issues and trends while preparing for the New Year. One such point is the changing face of business as demographics reflect a more diverse workforce. Studies show that by 2025, millennials will make up 75 percent of the global workforce as they bring their own style and expectations to the table; meanwhile, baby boomers, with their own distinct values and expertise, are staying on the job longer.
Show Your Stripes: Hire Vets
November 11, 2014
Post-recession, the hiring outlook for U.S. veterans is beginning to take a turn for the better. Recently, more and more businesses are tipping their hats in honor of hiring veterans. In fact, in a recent survey of 2,440 hiring and human resources managers, CareerBuilder reports that one-third of employers are actively recruiting vets over the next year, up from 27 percent last year.
Step Three: Protect Your Stash
October 29, 2014
Should a zombie apocalypse take over, would your documents be safe? According to research by the University of Texas, “Only six percent of companies suffering from a catastrophic loss survive, while 43 percent never reopen and 51 percent close within two years.” Don’t fall prey to these ghoulish stats; have a survival plan ready to go in case any “creepy crawlies” come lurking around your business.
Innovation: 3 Ways Businesses Can Shoot for the Moon
October 23, 2014
Innovation; without it we’d still be staring up at the moon wondering what it’s like up there? Innovation is transformative, it turns ideas into possibilities. Take Walt Disney for example, through innovative thinking he was able to turn a blank canvas of land into what many would recall today as a magical escape. Innovation doesn’t have to be groundbreaking, although it’s always exciting when it is. To keep it simple, innovation in your organization can mean building upon products, implementing new campaign ideas and the list goes on and on. Embracing innovation could potentially advance your organization to new heights.
Top 10 Office Annoyances
October 1, 2014
As with anywhere you’re bound to spend the majority of your time, there are going to be irritations and annoyances that just really drive you “up the cubicle wall.” Here are just a few you may be able to relate to.
10 Workplace Hazards More Dangerous than Sharks
August 15, 2014
What if I told you that you were more likely to injure yourself at work than if you dove into shark-infested waters? In honor of one of the most important weeks of the year (Shark Week), we want to alert you of ten workplace hazards to avoid that occur more frequently than shark attacks. If you don’t take precaution you could become the next victim of a third-degree coffee spill or a protrusive file cabinet attack.
#Hashtag: The New Era of Business Marketing
July 7, 2014
How much power can one sign hold? The answer: #insurmountable. The hashtag has become a revolutionary icon in businesses worldwide. From reporting purposes and gaining followers, to finding out who is talking about your company or what is popular within your industry, this sign — heretofore known as the pound sign on your phone or an empty tic-tac-toe grid waiting to be played — is arguably the Internet’s most popular icon.
How to Jump Start Leadership within Your Organization
May 30, 2014
With Baby Boomers on the brink of retirement, one of the impending issues facing organizations today is the ability to identify leaders. This could be partially blamed on the fact that less than half (48 percent) of UNC’s Leadership Survey respondents reported that their companies have a formal process for developing high-potential employees. Companies looking to accelerate employees to leadership positions should seriously consider developing a formal process.
Business Lessons from the Court
April 21, 2014
What do the NBA and your business have in common? More than you might expect, from bench play to developing winning game plans and more. At the core of each are competitiveness, teamwork, innovation and a results-driven focus. As the NBA Playoffs kick into high gear, there are business lessons to be observed from all the on-the-court chaos. Here are four lessons to help you make a slam dunk toward success:
Is Your Business SaaS-Savvy?
March 13, 2014
Once a booming trend, Software as a Service (SaaS) today is a part of everyday business. What is it? Simply put, SaaS is a delivery model in which applications are hosted and managed in a provider’s data center. SaaS can be paid for on a subscription basis and accessed via an Internet browser. While it has been in existence for more than a decade, SaaS has gained momentum in recent years due in part to its unparalleled ability to lower costs and increase efficiencies in the workplace.
The Five-Step Plan for Millennial Workers
January 27, 2014
Ready or not, millennials are storming the workforce, most with a hunger to make it to the front lines and quickly. By 2020, they will make up almost half of workers nationwide. While arguably overeager, millennials aren’t a generation to overlook. Rather than dismissing these estimated 80 million Americans for weaknesses real or perceived, employers should consider leveraging their strengths in addition to developing those deficits.
Tax Prep for 2014
December 31, 2013
For many people losing weight tops the lists of resolutions, but it isn’t the only solution to improving your well-being. Start the New Year right by shaving a few pounds off your work load rather than just your waist. With tax season right around the corner, now is the perfect time to get all your […]
Restaurants Treat Customers with Promotions
October 30, 2013
Are you a restaurant owner taking advantage of the holidays with a creative, marketing strategy? Halloween is the kick-off for such a time, bringing out the most creative promotions within the industry. For example, Sonic Drive-In locations promise “A Scary Good Deal”: 50-cent corn dogs for the entire day of Oct. 31. Currently, their boards […]
What’s Next with the Affordable Care Act for the Retail and Restaurant Sectors?
August 19, 2013
The Affordable Care Act has left business owners scratching their heads on how they can manage a successful business while offering affordable coverage or paying substantial fines for non-compliance. Some industries are more vulnerable to health care reform than others, especially the retail and food services sector. The tumultuous task of monitoring employee’s hours, determining a standard measurement period, while also continuing to run a successful business remains a serious concern for those in industries that once relished its unique professional flexibility.
Part One: Finding Your Soul Mate in Human Capital Technology
June 28, 2013
According to a Bersin by Deloitte study, 61 percent of HR professionals surveyed plan to replace their HR software within the next 18 months. That is exciting news for the providers wanting your business. But with no online match sites for human capital technology vendors, how do you sort through the suitors courting your company?