Do employers have to offer health insurance? Under the Affordable Care Act, you must provide health insurance if you have 50 or more full-time equivalent employees. If this requirement doesn’t apply to you, you might decide to establish a QSEHRA plan.
Read More QSEHRA Plan: Health Insurance Alternative for Qualifying Small EmployersHuman Resources Articles
Human Resources - Tips, Training, and News
A Section 125 Plan: The Overview for Employers
Offering competitive benefits attracts, satisfies, and retains top talent. Benefits include everything from retirement plans to health insurance coverage. When you dive into different small business employee benefits, you might consider a section 125 plan. But, what is a section 125 plan? Is it a cafeteria plan? Are section 125 plans pre-tax health insurance? Keep […]
Read More A Section 125 Plan: The Overview for Employers
What Is an HSA? Everything You Need to Know for Your Small Business
Most businesses offer employee benefits in addition to regular wages. Common employee benefits can range from different insurance options to types of retirement plans. Some employees have the option of opening an HSA. What is an HSA?
Read More What Is an HSA? Everything You Need to Know for Your Small Business
HSA vs. FSA: What’s the Difference? (+ Quick Reference Chart)
When it comes to health coverage, there are a lot of options out there. FSAs and HSAs are healthcare plans that cover medically-related expenses not included under a traditional health plan. Do you know the difference or if you are FSA or HSA eligible?
Read More HSA vs. FSA: What’s the Difference? (+ Quick Reference Chart)
What Is an FSA? Your Q&A on Health Flexible Spending Accounts Has Arrived
As an employer, you can offer various benefits to your employees. There are pre-tax and post-tax benefits for employees to enjoy. One plan you can offer employees is a health, or medical, FSA. So, what is an FSA?
Read More What Is an FSA? Your Q&A on Health Flexible Spending Accounts Has Arrived
Offering Adoption Assistance Benefits to Employees
Many companies offer an adoption assistance program to employees. Are you thinking about providing adoption assistance benefits to employees? If so, read on to review the benefits of providing adoption assistance and the steps you need to take.
Read More Offering Adoption Assistance Benefits to Employees
Commuter Benefits 2024: Transport Your Employees to Better Tax Savings
Most employees expect certain workplace benefits, such as health insurance or retirement plans. But coming up with unique and appealing perks, like commuter benefits, can further your chances of attracting and retaining top talent.
Read More Commuter Benefits 2024: Transport Your Employees to Better Tax Savings
A Year-end Payroll Checklist to Finish the Year Strong
As the year comes to a close, you might be gung-ho about all the goals you want to achieve next year. But before you can get the ball rolling in the new year, you must wrap up some things in the current year—including your payroll.
Read More A Year-end Payroll Checklist to Finish the Year Strong
Illinois Paid Leave: Paid Time Off for Any Reason Starts in 2024
Are you an Illinois employer? Do you provide paid time off (PTO) to your employees? Beginning in 2024, providing paid time off is no longer a choice—it’s a state mandate. In March 2023, Illinois Governor JB Pritzker signed SB208 into law, requiring Illinois paid leave.
Read More Illinois Paid Leave: Paid Time Off for Any Reason Starts in 2024
What Is Comp Time? What Employers Need to Know
Here’s a number: $287,923. That’s how much the Department of Labor recovered in back wages and liquidated damages from a business that offered comp time instead of overtime. So, what is comp time, and when is it OK to give?
Read More What Is Comp Time? What Employers Need to Know
