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How Stand-Alone Payroll Software Enhances Business Operations

HR Management

The concentrated nature of this approach leads to advanced payroll functionalities while offering deeper tax compliance abilities and superior specialized reporting options. Stand-alone payroll software of high quality delivers optimal operational efficiency and compliance accuracy improvements. billion in 2024 to $40.03

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Navigating EU CSRD and Pay Equality

Trusaic

Rules relating to this directive will begin applying in 2025 for financial year 2024 for large organizations, through 2029 for financial year 2028 for smaller businesses. Measures such as enhanced pay data reporting, public posting of pay ranges in job listings, and salary history bans are increasingly passing in US legislation.

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2021 Dates for ACA Reporting

ACA Times

PCORI was renewed through 2029. But ACA compliance goes beyond knowing when to file ACA information with the IRS. It takes an ongoing commitment to ensure the accuracy of the data that forms the foundation of successful ACA compliance. One thing to do is to start tracking employee data for any given tax year in January.

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CSRD Reporting Standards Take Effect January 1, 2024

Trusaic

European sustainability reporting: double materiality A key first step in CSRD compliance is a double materiality assessment. Reporting in 2025 on 2024 data). Reporting in 2026 on 2025 data ). Reporting in 2029 on 2028 data ). Identify and address gaps between the ESRS requirements and your current available data.

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U.S. Updates Race Categories for First Time in 27 Years

Trusaic

It’s the latest effort to account for the increasing diversity in the country, and acknowledge calls by citizens to see themselves represented in data produced by the federal government. Given the update, employers should consider incorporating the update into workforce data and pay equity audits. Employee surveys.

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Equal Pay Transparency Hearing Scheduled in Colorado

Trusaic

That’s through July 1, 2029. Ensure compliance with Equal Pay Transparency legislation As EPT rules provide clarification on SB23-105, it is probable they will be adopted at the October 30 hearing. Include a review of job postings to ensure compliance, for instance, meeting requirements on deadlines and notifying employees.

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Mark These 2020 Dates for 2019 ACA Reporting (UPDATE)

ACA Times

Many of the problems encountered in filing information electronically are data problems. Make sure your key data points are accurate, such as Legal Name, SSN, Address, Employment Periods, Location, and EIN. PCORI was recently renewed through 2029. March 31, 2020. July 31, 2020. August 1, 2020.

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