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Certified PEO

Zenefits

To receive accreditation , PEOs must demonstrate compliance with 40 of the industry’s gold standard practices. This voluntary certification program falls under the Small Business Efficiency Act, part of the Tax Increase Prevention Act of 2014. Employee benefits administration. Internal Revenue Service (IRS).

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Guide to Hiring Employees in Nigeria

Recruiters Lineup

Legal Requirements for Hiring in Nigeria It’s essential to consult with legal professionals or the relevant government agencies to ensure full compliance with the current labor laws and regulations in Nigeria. Employers should ensure that their foreign employees have the legal right to work in the country.

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As Baby Boomers Reach Retirement, Can Employee Buyouts Keep Small Businesses Open?

Zenefits

About 10,000 baby boomers turn 65 every day, fueling a retirement surge unlike previous generations — including a “silver tsunami” of retiring business owners who are faced with succession and ownership questions. million employees, according to data from Project Equity, a nonprofit that promotes employee ownership.

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Plan Sponsors Must Now Analyze 401(k) Plan Administration (Part 1)

HR Daily Advisor

When the Tax Cuts and Jobs Act (TCJA) was signed into law December 22, 2017, several proposed changes to the federal tax code that would have affected tax-qualified retirement plans were dropped. This article details three key areas that should be examined now. Special Tax Notices.

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Rethinking Benefits Packages to Attract and Retain Healthcare Talent

Precheck

Here are some of the latest findings and best practices in HR benefits and how to better utilize them to meet your healthcare organization’s talent needs. Health Insurance and Retirement Benefits Remain Key to Attracting and Retaining Talent. Topics: Healthcare Recruiting , Hiring Practices Comments. Get Email Updates.

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ERISA Class Actions Settlements Cost Employers Nearly $1 Billion in 2017

HR Daily Advisor

Class action settlements and court decisions related to 401(k) retirement plans in 2017 significantly affected the direction of ERISA litigation, according to the newest edition of an annual law firm report on workplace class action lawsuits. Retirement Case Issues. designer491 / iStock / Getty Images Plus. Stock-drop class actions.

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Don’t Let Your Data or Participants Get Lost in Space

HR Daily Advisor

The possibility of cyberdata sabotage is now a day-to-day threat that frequently makes the headlines—and employee benefit plans are not spared exposure to data sabotage. Employee benefit plan administration has become an outsourced commodity. They should consider extending that process to retirement plans.