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Your Ultimate HR Compliance Checklist for 2024

Analytics in HR

This includes employment areas such as recruitment and hiring practices, compensation and benefits , workplace safety, employee classification, records retention, non-discrimination and anti-harassment policies , and labor relations. Develop an approval and documentation process for any exceptions. Since 2000, U.S.

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Benefits Coordinator Job Description: Salary and Job Responsibilities (with Examples)

Analytics in HR

From healthcare and retirement plans to wellness initiatives and flexible work arrangements, their expertise in navigating the complex world of benefits administration is crucial for attracting and retaining top talent. Record-keeping: Maintain accurate employee benefits records, enrollment data, and relevant documentation.

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Assessments, Policies, and Training Are Key to HIPAA Compliance

HR Daily Advisor

The keys for plan sponsors to avoid penalties under the Health Insurance Portability and Accountability Act (HIPAA), as well as other liability that may come with data breaches, were discussed by HIPAA experts in a recent webinar. Department of Health and Human Services (HHS). Risk Assessments.

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Penalties for Benefits Noncompliance

Zenefits

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). The American Express railroad company set up the first retirement plan in 1875. Retirement. Notification rules.

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What is ERISA?

HR Daily Advisor

ERISA stands for the Employee Retirement Income Security Act of 1974. In short, this is the federal law that creates standards for retirement, health, and pension plans. As such, ERISA provides protections for individuals who choose to participate in these programs, as it seeks to protect their assets from misuse.

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Consequences of Outdated Employee Benefits Systems

Zenefits

Once employees are settled into their roles, they need ongoing benefits support — such as when requesting time off from work, or when the company adds new benefits or makes changes to existing ones. Technology is making remarkable strides across the employee benefits landscape. Poor impression on new hires during onboarding.

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HR Rules and Regulations: A Guide to Compliance

HR Digest

In the field of human resource management, professionals play a crucial role in ensuring compliance with various laws and regulations that govern the employer-employee relationship. From workplace safety to preventing discrimination, HR departments have a multitude of responsibilities.