Blog

The start of a new year presents an excellent chance to enhance your retirement savings. A 401k plan is a retirement savings plan provided by an employer to its eligible workers. This plan allows for payroll deductions to be made either before taxes, following the traditional 401k plan format, or after taxes, as seen in …

Continue reading “Secure Act 2.0 Explained: Transforming Your 401k & Retirement Planning”

This year, it’s essential for employers to focus on refining their benefits packages to meet the unique challenges faced by their workforce. Many employers have already recognized the importance of enhancing their strategies for retention and engagement, and this remains a critical priority. Developing comprehensive and responsive benefits plans is key to addressing the evolving …

Continue reading “Employee Benefits Trends for 2024”

As remote and hybrid work becomes more prevalent, companies with staff operating across various states must be well-versed in the payroll nexus regulations specific to each state or region where their employees or businesses function. In this piece, we’ll delve into the effects of payroll nexus regulations on your business’s tax and payroll records, while …

Continue reading “Understanding Payroll Nexus: Essential Information & Requirements”

Recently, President Biden declared that the COVID-19 Public Health Emergency and which has been in effect since March 2020, will come to an end on May 11, 2023. The related National Emergency ended on April 10, after a bipartisan congressional resolution was signed to bring it to a close after three years — weeks before …

Continue reading “What does the end of the Covid-19 Public Health Emergency mean for employers?”

Since the pandemic, companies have dealt with the complexities of employment law related to remote and hybrid workers. It’s estimated that as of 2022, 26% of employees in the United States work remotely, and it’s projected that the number will reach 36.2 million by 2025. During the pandemic, 40% of workers reported being more productive …

Continue reading “DOL guidance for remote workers under FLSA & FMLA”

In 2022, employers made changes to their health benefits in response to the COVID-19 pandemic. Two of the more common responses were to increase employer contributions to health insurance and add more telemedicine options to benefits packages. At the beginning of the year, the quality of an employer’s health plan was important to prospective and …

Continue reading “Employee Benefits Trends for 2023”

The Harvard Business Review – which has more than 9 million records of employees at 4,000 global companies – points out that mid-career employees have the highest resignation rate, and those that suffer most are the technology and healthcare industries. At the start of the pandemic, the job market was full of uncertainty and massive …

Continue reading “Proven Strategies to Retain Employees”

Employment laws and regulations are constantly changing, which means the struggle to stay compliant is never-ending. While many prospects can see the challenges of staying abreast of compliance regulations; the struggle is larger for employers. With a multitude of laws, rules, and regulations to comply with and employees that must be managed, staying on top …

Continue reading “Common Compliance Questions”

Remote work is the norm now, and it appears poised to remain the case for the foreseeable future. Still, employers continue to have a hard time adapting their workplace policies and solutions to the new reality. Find out all you need to know about remote work compliance, recruitment compliance, and employer responsibilities for remote workers. …

Continue reading “Compliance Requirements for a Remote Workforce”

2021 was a year of deep upheaval across the HR, employment, and business landscapes. Propelled by such factors as the great resignation (which remains in full swing at 3.7%) and uncertainty over companies’ execution of the vaccine mandate, companies and employers nationwide have had to rethink a few HR policies. Presently, companies are relaxing their …

Continue reading “HR Trends in 2022. Changes in The Human Resources Landscape”