Just when you thought it was safe to go back in the water. The IRS released the rules for calculating full-time employees. The rules for determining full-time employee are designed to not allow employers to make all employees part-time, or to use a temporary agency and not have to comply with the affordable care act…. Read more »
Posts Tagged: benefits
What is Human Resources Role in the Company?
Human Resources means different things to employees… Because each employee’s experience with Human Resources is different. HR can be the person helping employees and bring new employees into the organization or they can be the last person employees see on their way out the door. HR has to be professional and be helpful in every… Read more »
Common 401k Mistakes
Here is a quick list of mistakes that employers make on their 401k plans. COMMON COMPLIANCE ERRORS This list, along with more detailed information on examination trends located on the IRS website can be used by plan sponsors to identify compliance risks in their own plans. Missing plan document amendments Not using the plan’s definition… Read more »
Healthcare cost in 2013
Here are some figures Buck Consultants put together after surveying 123 insurers and plan administrators nationwide: Preferred Provider Organization (PPO) costs are projected to increase 9.7% in the first half of 2013 High-Deductible Health Plan (HDHP) costs are expected to rise by 9.6% Point-of-Service (POS) plan costs are projected to increase by 9.5%, and Health Maintenance Organization (HMO)… Read more »