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Key Compliance Changes in 2024: What Brokers Need to Know

Extensis

New proposed ruling regarding the MHPAEA The Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA) mandates parity between mental health/substance use disorder benefits and medical/surgical benefits. With the changes come a need for employee education for how to use the tools available.

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Reduce Financial Stress with This Type of Insurance

Best Money Moves

It brings to the forefront that people need to plan for these types of events when the payroll disappears.”. One of the things we saw after the recession in 2008 was many companies were so financially stressed that they started cutting their benefits. What if one person is gone forever? How do they replace that paycheck?

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Guardian’s 11th Annual Workplace Benefits Study: An Overview of PEO Trends

Extensis

Reports show the number of employers using PEOs has grown nearly 40% since 2008, and Guardian’s 11 th Annual Workplace Benefits Study shares insights into why. Candidates choose jobs based on compensation packages, especially the value of the benefits offered. This is in comparison to only 5 in 10 employers who aren’t PEO members.

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10 Best HRMS Softwares in 2020: For Small & Medium Enterprises

Vantage Circle

Founded in 2008, BambooHR, is one of the popular HRIS in the global market. Compensation. No payroll. Provides payroll outsource service in addition. Process Payroll. Payroll Management. Zoho provides a complete HRMS solution under three different product heads namely Zoho People, Zoho Recruit, and Payroll.

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The future of FMLA points to paid leave

Business Management Daily

The National Defense Authorization Act of 2008 introduced another type of leave to the FMLA. That is in comparison to 63% of above-median paid employees. Patterned after unemployment compensation, leave is funded by an employee paid 1% payroll tax. Employers could elect to substitute paid leave for unpaid leave.

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“5 Things We Need To Do To Close The Gender Wage Gap”, with John Schwarz CEO of Visier

Thrive Global

Organizations need to take both a macro and micro look at their pay practices to understand if they are fairly compensating their employees. My first developer role was managing a payroll system in an insurance company that employed people in 54 different countries. They paid them from a central payroll system operated at the HQ.

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401(k) Nondiscrimination Testing: A Simple Guide for Improving Your Results

ForUsAll

Nondiscrimination Testing: confirms that your company’s 401(k) does not discriminate in favor of highly-compensated employees. With lots of HCEs, your company is left with a precarious proportion of employees, and non-highly compensated employee contributions have to be higher. Highly-Compensated Employees (HCEs). Pretty simple.

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