Bukaty Blog

Auto insurance premium increases linked to multiple factors

Employers, who manage a fleet of vehicles or have auto coverage for employees who use their personal vehicle for work, are feeling the effects of rising auto insurance premiums. The increase is a direct result of “driving losses” that have outpaced the auto premiums collected. This industry-wide...

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Transitional relief extended for small group employers

The Centers for Medicare & Medicaid Services (CMS) recently issued a one-year extension of its transmittal policy, allowing small group employers to keep their non-grandfathered plans that are not compliant with the ACA. This most recent extension is the third extension since the law’s enactment...

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The reinvention of human resources

The world of HR is an evolving industry, continuously adapting to keep pace with advancements in technology and fluctuating workforces. Today, millennials dominate the U.S. workforce and the expectation for more personal, streamlined processes has companies realizing inevitable changes are just...

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DOL rescinds guidance on independent contractors and joint employment

The Department of Labor (DOL) recently withdrew its 2015 and 2016 Administrator’s Interpretations giving informal guidance on independent contractors and joint employment.

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PAYROLL AND HR MANAGEMENT SOLUTIONS MAKE YOUR LIFE EASIER

Bukaty Companies has launched InspireHCM, a Kronos workforce management solution that provides a cloud-based platform for all payroll and HR-related operations. You can increase the accuracy and efficiency of your Human Capital Management while staying compliant with its built-in ACA tools.

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Voluntary benefits for self-funded plans

For employers looking to better manage their health care spend and still provide comprehensive coverage for their employees, voluntary benefits have risen in popularity with businesses of all sizes and industries.

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EEOC issues sample wellness notice

For employer sponsored wellness programs, the Equal Employment Opportunity Commission (EEOC) has posted a sample notice to help companies comply with their obligations under a recently issued Americans with Disabilities Act (ADA) rule.

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Forms 1095 due to employees by March 2

Employers with more than 50 employees (or fewer than 50 if they sponsor a self-funded health plan) have until March 2, 2017, to provide employees a copy of the IRS-required Form 1095. The original deadline was January 31. The deadline for filing with the IRS has not changed.

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Top 5 employee 401(k) questions

With the new year, employees may be considering how to save more money and often times that includes bolstering their retirement savings.

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Employers look for answers to rising drug costs

Rising faster than both wages and the cost of living, drug prices continue to surge and a slowing-trend appears unlikely. The double-digit prescription drug increases now account for approximately 21% of total employer insurance benefits, according to the Kaiser Family Foundation. Employers and...

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