Hurricanes, fires, and other natural disasters strike American cities every year. The recent landfall of Hurricane Florence led to extreme devastation and flooding in the Carolinas, Virginia, and surrounding areas where over 1 million residents were ordered to evacuate ahead of the storm. While many displaced individuals and families have no problem paying for a [...]
There has been much to do around the Affordable Care Act: from passing the law under President Obama, to trying to repeal the law under President Trump. This has left many people confused as to where we are at now – what is the current status of the ACA? The short answer is: The ACA [...]
Nearly four out of five American households live paycheck to paycheck, so if a family doesn’t have the cash they need to pay for an emergency, they can easily be led to disastrous debt traps of credit cards and even expensive payday loans. ABC News talks to PayActiv user, Pearl Campos, of Gerawan Farming about how PayActiv [...]
Yes, the price of health insurance is still rising. But that’s no surprise. Companies have nervously anticipated that news annually for a long time. The good news—or as good as it gets—is that the rise in employer healthcare costs per employee has plateaued over the last few years. According to the Society for Human Resource [...]
Payroll requires a team of people that aren’t afraid to work hard and fast. There are always interruptions, and mistakes occasionally happen. Even with a powerful ERP system like Microsoft Dynamics GP, what’s in the box just isn’t enough, making some tasks just plain time-consuming. Let’s face it, the pace of business isn’t slowing down. [...]
Tight budgets, retention issues, increasing compliance requirements, and a very tight labor market are among many factors putting additional burdens and pressures on payroll professionals who may already be feeling maxed out. This unnecessarily puts your payroll department into a realm where they are truly “Payroll and Afraid.” You’ve heard the term “living paycheck to [...]
The IRS is continuing to audit and enforce the ACA by distributing Letter 5699 for the 2016 filing year. Letter 5699 is being distributed to potentially non-compliant Applicable Large Employers (ALE) that have not filed. The IRS describes Letter 5699 as a “non-filing letter issued to employers advising our records show they may have been [...]
To attract and retain quality employees, employers can no longer limit benefits programs to paid time off and health insurance. More organizations are building comprehensive benefit programs that include financial tools for employees. A financial wellness program rounds out your benefits package so you can cover all aspects of employee health—physical, mental, social and financial. [...]
Millennials are now the largest generation in the U.S. labor force. Making sure your company has adapted to the needs of this unique group is vital to the long-term success of your brand. One thing that will help you attract and retain key talent from the millennial group is helping your employees with financial education [...]
If you feel like you are walking a tightrope when dealing with Affordable Care Act (ACA) reporting, then you aren’t alone. Businesses often struggle with data collection and reporting obligations. It’s tricky, there’s no doubting that. Even more so when data isn’t being managed and reviewed on a regular basis. One wrong step can lead [...]