Genesis HR Solutions

SEPTEMBER 21, 2021

As one of the most expensive aspects of running a small business, health insurance is top of mind for many employers. Why Health Insurance For Small Businesses Matters. Offering quality health insurance plans as a small business owner gives you a competitive edge when recruiting and hiring talent. Are there alternatives?

Planning Tools 52

Planning Tools Hiring Software Onboarding Software Recruiting Software 52

Zenefits

DECEMBER 21, 2022

With the Great Resignation still afoot, employers are prioritizing talent attraction and retention. It’s important to note that “competitive” doesn’t mean just offering core benefits, such as health insurance, 401(k) plans, and paid time off. Key components of LSAs: Funded entirely by the employer. Taxable to employees.

Onboarding Software 36

Onboarding Software Planning Tools HR Software Payroll 36

HR Daily Advisor

JANUARY 5, 2017

A broad-based healthcare bill signed December 13 by President Obama established a new form of stand-alone health reimbursement arrangement (HRA) for small employers. QSEHRAs are exempt from the “group health plan” definition for purposes of laws such as the Affordable Care Act (ACA) and COBRA.

Compliance 54

Compliance Groups Analysis Compensation 54

Astron Solutions

MARCH 31, 2020

HR & Health Benefits: A General Overview Historically, employee health benefits have been viewed as a voluntary benefit. However, with many years of reform, health benefits have now become a mandated benefit for most. In this Astronology® , we will review HR’s involvement with employee health benefits.

HR Planning 52

HR Planning Resources Planning Tools HR Software 52

HR Daily Advisor

JANUARY 20, 2017

The effect of the recent 21st Century Cures Act on health reimbursement arrangements (HRAs) was clarified by the U.S. Departments of Health and Human Services (HHS) and the Treasury. With respect to EPPs and HRAs that do not qualify as QSEHRAs, the Departments’ prior guidance continues to apply.”

Guidelines 40

Guidelines Groups Compliance Policies 40

Zenefits

JANUARY 4, 2021

In 2020, the employment space experienced unprecedented changes, many arising from the COVID-19 pandemic. HSAs, HRAs, and FSAs. Health and safety, including workers’ compensation. In a 2020 survey by Mercer, employers predict their healthcare costs for 2021 will increase (on average) 4.4% — a fairly “normal” jump, they say.

HR Software 69

HR Software Payroll Compliance HR Planning 69

HR Daily Advisor

FEBRUARY 2, 2017

The various ways a health reimbursement arrangement (HRA) may be “integrated” with one or more group health plans was clarified in guidance from regulators. The recently signed 21st Century Cures Act carved out a narrow exception for certain small-employer HRAs.). On January 12, the U.S.

Groups 40

Groups Compliance Examples Policies 40

Corporate Synergies

SEPTEMBER 10, 2018

There may be new health & welfare benefits offerings that require employees to pay close attention during the decision-making process. Employers with multiple generations of workers must accommodate a wide range of health and welfare benefits needs. Even if you did a health spending accounts campaign, it pays to repeat it.

Planning Tools 40

Planning Tools HR Software Recruiting Software Trends 40

HR Daily Advisor

JUNE 6, 2017

Senate considers its own version of Affordable Care Act (ACA) repeal-and-replace legislation, plan sponsor groups urged it the repeal the Cadillac tax and employer mandate outright. Employer Mandate. zimmytws / iStock / Getty Images Plus. Orrin Hatch, R-UT, chairman of the Senate Finance Committee.

Groups 50

Groups Planning Tools HR Software Compliance 50

Zenefits

DECEMBER 28, 2020

This has prompted employers to add lifestyle benefits, also known as voluntary benefits, and perquisites (perks) to their traditional offerings. A 2019 Willis Towers Watson survey found that employers are broadening their benefits offerings with a focus on workers’ wellbeing and job satisfaction. Free childcare. Paid parental leave.

Recruiting Software 36

Recruiting Software Retention and Turnover Planning Tools E-Recruitment 36

Zenefits

AUGUST 31, 2020

In an email interview for Zenefits, Chris Krusiewicz, vice president of California-based insurance firm Burnham Benefits, said that offering part-time workers benefits makes sense because today’s part-timers could become employers’ superstars. Heading the list by preference are: Health insurance. Health savings accounts.

Employee Benefits 36

Employee Benefits Hiring Software Planning Tools Bonuses and Incentives 36

Ongig

APRIL 12, 2024

While gig workers lack conventional job security at first sight – fixed monthly wages and benefits from a single employer – it also means escaping the risks of an unexpected layoff. So, a qualified gig or contractual worker can swoop in as a reinforcement to boost your team’s productivity.

Video Recruiting 59

Video Recruiting Hiring Software Recruiting Software Assessment Software 59

WEX Inc.

APRIL 3, 2023

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are great tools for you and your employees to save money, and for your employees to prepare for potential medical expenses. For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention.

Planning Tools 52

Planning Tools Compliance Training Employee Benefits Payroll 52

PeopleKeep

APRIL 30, 2020

What are Medical Reimbursement Plans? Medical reimbursement plans are IRS-approved health plans that allow for tax-free reimbursement for medical expenses. Medical reimbursement plans can be used alongside a group health insurance plan. Different Approaches to Medical Reimbursement Plans.

Planning Tools 72

Planning Tools Comparison Groups Software 72

Business Management Daily

SEPTEMBER 9, 2021

You can blame the pandemic — employees are more attuned to health benefits, which means more employees may switch health plans or go into a health plan for the first time next year. Almost all health plans offer add-on accounts — health flexible spending accounts, health savings accounts, or health reimbursement accounts.

Groups 52

Groups Productivity Meeting ATS 52

UKG

OCTOBER 11, 2023

Clarifies jargon Premiums, deductibles, reimbursements, and other key terms can be a minefield for employees, who don’t always feel comfortable asking questions about their individual benefits. Companies that promote key dates will ensure every employee meets their enrollment deadlines for the upcoming year.

Planning Tools 122

Planning Tools UKG HR Software Background screening 122

HR Daily Advisor

SEPTEMBER 14, 2018

These days, the challenge is centered on consumer directed health plans (CDHPs) and health savings accounts (HSAs). Employers are key to building employee understanding of CDHPs and HSAs so they’re equipped to make the right decisions at enrollment time. Plan Design Plays an Important Role.

Planning Tools 43

Planning Tools HR Software Retirement Time and Attendance 43

HR Daily Advisor

NOVEMBER 14, 2017

The Internal Revenue Service (IRS) has issued detailed guidance on the qualified small employer health reimbursement arrangement (QSEHRA) program established by Congress last December. 114-255), created QSEHRAs for use by certain small employers. Eligible Employers. grinvalds / iStock / Getty Images Plus.

Groups 43

Groups Policies Report Compliance 43

HR Daily Advisor

NOVEMBER 15, 2017

A recent Executive Order from President Donald Trump aims to give employers greater latitude in banding together to purchase health coverage, and in subsidizing employees’ coverage through health reimbursement arrangements (HRAs). On the HRA front, the DOL and the U.S. Stakeholder Reactions.

Planning Tools 47

Planning Tools HR Software Groups Compliance 47