Not sure where to start?
Download 7 Tips When Switching HR and Payroll Companies, for free.
Get the guide
Stay in the loop!
To ensure you don't miss informative, industry-relevant posts, subscribe to the Paycom Blog.
Wait a Second: Do I or Do I Not Have to Comply?
As if the Affordable Care Act couldn’t get any more confusing, the Department of Labor (DOL) has released an FAQ with inconsistent messaging pertaining to the Oct. 1 Notice of Marketplace requirement for employers. Dated Sept. 11, the FAQ implies that if employers do not wish to distribute the notices, they will not be penalized. One would think the same language would be updated accordingly in the DOL’s technical release, right? Wrong!
New ACA Requirements Creeping Up in October
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.
What’s Next with the Affordable Care Act for the Retail and Restaurant Sectors?
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.
Affordable Care Act Webinar Back by Popular Demand
The Affordable Care Act (ACA) remains a hot topic for businesses nationwide as new resources, mandates and delays are continually announced. Business leaders and HR executives are discovering that even if they provide health care to their employees they will be required to prove their healthcare is both affordable and adequate in order to be ACA compliant.
Power-Packed Affordable Care Act Resource Guide
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 […]
Affordable Care Act Employer Mandates Delayed to 2015
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.
ACA Penalties: Insurance Inadequacies Can Cost You
Offering employees health insurance is not enough to avoid the penalties associated with the shared responsibility requirements of the Affordable Care Act (ACA). While many large employers already provide what they believe to be a good health plan for employees, the ACA has set the standard for what is considered adequate and affordable coverage as well as the penalties for non-compliance.
Companies with Employer-Sponsored Health Plans Must Still Notify Employees of Exchanges
Many U.S. employers offer health insurance coverage to their employees and have been doing so long before the Affordable Care Act (ACA) was signed into law in March of 2010. However, these employers may still be impacted by ACA regulations including the requirement to notify employees of health insurance exchanges regardless of the quality of their own employer-sponsored health plans.
New Changes to the I-9 Form Hiring Managers Must Know
After 10 years HR’s favorite new hire document, the I-9, recently had a facelift. The new form – available now by clicking here – was released by the Department of Homeland Security in March 2013 and employers are required to begin using the new form by May 7, 2013. While the form was upgraded, the same rules regarding the completion of the I-9 apply.
Infographic: Navigate the Affordable Care Act with Paycom
The Affordable Care Act (ACA) has left employers across America dealing with a murky mix of looming requirements and deadlines that impact businesses’ health benefits, administrative processes, reporting responsibilities, employee staffing and ultimately the bottom line. Today Paycom released an infographic designed to aid businesses looking to navigate the uncharted waters of ACA compliance.