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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?

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HR acronyms and abbreviations you need to know

Bob

The many abbreviations and acronyms used by HR professionals can make it hard for people to understand and navigate HR conversations and challenges. This comprehensive list of the most common HR acronyms and human resources abbreviations can help you find your way.

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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. Even though such plans are typically set up privately, employers that opt to offer them have an obligation to meet the requirements under ERISA when implementing their plans. The Act advises when employees must be allowed to join the plan.

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Taking the Guess Work out of Your HR Decisions

Effortless HR

As I built the EffortlessHR platform – a Human Resource Information System – I kept being asked several questions: Why do I need to …. What this really told me was that most companies without a HR Department had no idea how the number of their employees impact which law/regulation they needed to follow and understand. One key ERISA amendment includes COBRA (see below). One key amendment includes the Lilly Ledbetter Fair Pay Act.

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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 U.S. Retirement. ERISA-covered plans.

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The Complete HR Compliance Glossary

Zenefits

Below you’ll find a glossary of several HR-related terms that are used when anyone is talking about HR compliance. Click on any of the letters below to jump to words that start with that letter. The IRS must receive both the individual 1094Cs and the consolidated 1095C.

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How You Can Use Data to Improve Corporate Wellness

Kazoo

There is a deluge of data in every organizational department, from which HR is not exempt. Corporate wellness accounts for the wellbeing of every employee through various health and wellness initiatives. Not necessarily because corporations are doing it from the goodness of their heart.

Wellness 130
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How You Can Use Data to Improve Corporate Wellness

Kazoo

There is a deluge of data in every organizational department, from which HR is not exempt. Corporate wellness accounts for the wellbeing of every employee through various health and wellness initiatives. Not necessarily because corporations are doing it from the goodness of their heart.

Wellness 130
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Compliance Checklist: Federal Employment Laws You Need To Know At Every Stage Of Your Company’s Growth

Zenefits

Employers may only hire those who can legally work in the United States and must maintain up-to-date I-9 forms for all employees. Employment Retirement Income Security Act (ERISA) , via DoL. Employers’ private pension and health plans must give participants information around plan features, funding, and responsibilities. One key ERISA amendment includes COBRA (see below). Employers must pay male and female employees the same wage for the same job.