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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”

The Great Resignation of 2021 has left employers with the need to fill 10 million job openings and introduce new benefits for flexible employee schedules. Healthcare, accounting, and technology firms are reviewing their benefits strategy to attract and keep employees in a pandemic that has made many workers reimagine their careers. Flexible work hours, paid …

Continue reading “Employee Benefits Trends for 2022”

Is an Employer Still Required to Provide Paid Sick Leave Due to a COVID-19 Diagnosis?

Dependent Care Limit Increases and Full COBRA Subsidies The relief bill (ARPA) signed by President Biden on March 11th temporarily increases the maximum contribution amount for Dependent Care Assistance Plans (DCAP) and provides full COBRA subsidies under certain circumstances.

We continue to receive many questions related to leave requirements for NY-based employers, so we’ve summed up the latest news below regarding all types of employee leave for 2021.

New rules require and modify Federally-Mandated paid leave for employees with children How the Families First Coronavirus Response Act (FFCRA) applies to the new 2020-2021 School Year When are employees eligible for paid leave? When are they not?

Should Employers Implement the New Pre-Tax Reimbursement Rules? In response to COVID-19, significant pre-tax reimbursement rule changes have been implemented in the benefits landscape.  How should employers respond?

Payroll taxes can be confusing for business owners. There are different taxes and rates depending on your work location and type of business. Luckily, there are companies like Vantage Point that can help you sort out the complexities of payroll taxes to make your payroll processing easy and simple.

VantagePoint Waives New COBRA Administration Fees for 6 Months* Furloughs, layoffs, and COBRA rules Did you know? When the carriers revert to their eligibility minimum this creates a COBRA event. If a furloughed employee is ultimately discharged this creates a COBRA event. If a full-time employee returns on a part-time basis, this creates a COBRA …

Continue reading “COBRA Admin Fees Waived by VantagePoint”

The Departments of Treasury and Labor, along with the IRS has created a time-frame extension affecting group health and welfare, disability, and pension plans due to COVID-19. These new rules apply for 60 days after the announced end of the declared National Emergency. This 60-day period is now called the ‘Outbreak Period’.