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Coronavirus Aid, Relief, and Economic Security (CARES) Act How does this law help my business? Expert Summary from the VantagePoint Team: While all the details are not out yet, we wanted to get this in your hands as soon as possible. Here is a summary of the programs

What is the impact on employee contributions, unemployment and employer obligation to pay? Insider Pro-Tips from the VantagePoint Team: Employee Contributions: Q:) If employee contributions are taken from pay to cover a portion of insurance premiums plans, how will this money be collected

The economic impact of the coronavirus epidemic it’s starting to show its consequences on the HR and benefits landscape, small-businesses being the ones affected the most these days. But the impact can be seen throughout the global economy, more and more businesses are joining together to come up with ways of sustaining the business environment. …

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Being an entrepreneur in today’s world is an act of courage, determination and strong leadership. Supporting those who choose to overcome the obstacles of building a new business from scratch is an inspirational journey, especially if we are talking about the financial part of a business, like payroll solutions, benefits administration or HR trends. When …

Continue reading “Next Gen Summit 2019 – HR Trends for Aspiring Entrepreneurs”

Update 2020: Harassment Prevention Training – US Legal Requirements Harassment prevention continues to be an important topic in 2020. California, Connecticut, Delaware, District of Columbia, Illinois, Maine, New York City, and New York State, all currently have sexual harassment prevention training initiatives and we anticipate that other states and cities will implement requirements moving forward. …

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As a manager, do you know what your employees are doing at all times? The answer is most likely, “No.” The manager sets up the daily workflow and expects employees to complete their work to the company’s satisfaction. However, employees are not always focused on work which means there’s lost productivity for the company. Your …

Continue reading “5 Ways to Improve Work Performance”

Employee benefits continue to be an important consideration for employers who are looking to make the biggest impact with their employee investments. As unemployment rates remain low, candidates are comparing benefits that companies offer in addition to cash compensation and reputation. 1. Financial Wellness Health benefits have taken center stage in recent years with the …

Continue reading “7 Employee Benefits Trends for 2019”

There are several different tax-favored health plans available in the US. Your employer may choose to offer one as part of your employee health benefits, but exactly which plan will vary for each company. An FSA is a Flexible Spending Arrangement or Flexible Spending Account, which allows employees to be reimbursed for qualified medical expenses.

Wellness programs, employee discounts, commuter benefits, and free lunches are all perks that employees may be eligible to get because they work for a company. These are sometimes called “fringe benefits”. When used appropriately, they can be a powerful tool for employers to recruit and retain talent. Recent Updates to Fringe Benefits A fringe benefit …

Continue reading “The Evolution of Fringe Benefits”

HSAs, also known as a Health Savings Account, are a benefit that employers can offer to employees to help with employee health care costs. They offer flexibility to employees while containing costs for employers. This is an interesting option when considering employee incentives, particularly health insurance. What is an HSA? An HSA is a benefit …

Continue reading “What is an HSA and What You Should Know About It”