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The Essential Features of Benefits Administration Software

Netchex HR Blog

Your employees need options to be able to sign up for the benefits they prefer (especially when there’s an employee contribution), and your company needs to ensure accuracy, efficiency, and compliance. Thankfully, benefits administration software streamlines many of the actual tasks of benefits administration.

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HR acronyms and abbreviations you need to know

HiBob

ADEA: Age Discrimination in Employment Act. ATD: Association for Talent Development (formerly ASTD: American Society for Training and Development). CEBS: Certified Employee Benefits Specialist. CTO: Compensatory Time Off. DB: Defined Benefit. DBPP: Defined Benefit Pension Plan. EBO: Employee Buyout.

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HR Compliance: What is HR’s Role in Ensuring Compliance

Netchex HR Blog

Learn more about HR compliance and discover the important role HR plays in overall compliance for your organization. Additionally, training must also be in place to guarantee employees understand, acknowledge, and comply with measures put in place. Employee Benefits. What is HR compliance? Pay and Time Rules.

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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). History of benefits compliance. Employers have been offering employee benefits since the late 1800s.

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WIRTW #410 (the “odd jobs” edition)

Ohio Employer's Law

Here’s what else I read this week: Discrimination Does Talent Selection Tech Pose Discrimination Risks? Here’s what else I read this week: Discrimination Does Talent Selection Tech Pose Discrimination Risks? — What We Can Learn From the U.S. What is the oddest job in America? She is also his wife.

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Workplace wellness programs: Worth the investment?

Insperity

Happier, healthier employees? The benefits of helping employees achieve better health can seem nebulous, and much of the research following such programs doesn’t show a profoundly positive return on investment. Still, employee wellness programs remain popular with businesses and employees alike. Mutual benefits.

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What is ERISA?

HR Daily Advisor

ERISA stands for the Employee Retirement Income Security Act of 1974. The Act advises when employees must be allowed to join the plan. In other words, it defines how much service can be required of an employee before he or she can participate. It regulates how benefits accrue. Primary ERISA Provisions.

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