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Your Ultimate HR Compliance Checklist for 2024

Analytics in HR

HR compliance is at the forefront of all HR initiatives and is critical in helping minimize legal risks to an organization. The risk of non-compliance can be detrimental. Contents What is compliance in HR? Why is HR compliance so essential? Why is HR compliance so essential? Since 2000, U.S.

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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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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. Contents What is a Benefits Coordinator? What does a Benefits Coordinator do?

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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. LEARN: What is Benefits Administration and How Can HR Technology Make it Easier? Easy-to-use and customizable.

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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. The American Express railroad company set up the first retirement plan in 1875.

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Employee Benefits Management: Getting the Most Out of Your Benefits Plan

Netchex HR Blog

When it comes to benefits, both legal compliance and employee satisfaction are important. You might offer a partial match on programs like retirement savings, but other voluntary benefits are relatively inexpensive for the company. When done properly, employee benefits management helps employees, as well as the company.

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HR acronyms and abbreviations you need to know

Bob

AARP: American Association of Retired Persons. ATD: Association for Talent Development (formerly ASTD: American Society for Training and Development). CO: Compliance Officer. CTO: Compensatory Time Off. EL: Extended Learning, formerly Continuing Education and Extension. AA: Affirmative Action or Adverse Action.