Bukaty Companies now integrates our cloud-based payroll software, InspireHCM, with our online enrollment tool. This seamless data transfer prevents duplicate data entry and enhances accuracy.
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The passage of the Consolidated Appropriations Act (CAA) unleashed a slew of requirements for health issuers and employer-sponsored health plans, including the annual completion of a Gag Clause Prohibition Compliance Attestation (GCPCA). The attestation applies to Employee Retirement Income...
The IRS establishes many of the rates and limits that pertain to health plan compliance, including the affordability threshold and limits associated with flexible spending accounts (FSAs), health saving accounts (HSAs) and high deductible health plans (HDHPs). As a new year approaches plan sponsors...
The Department of Labor’s (DOL’s) final rule regarding overtime pay increases the salary threshold for exempt executive, administrative and professional employees. While the rule went into effect July 1, 2024, employers need to note the upcoming 2025 requirements.
High deductible health plans (HDHPs) have enjoyed a safe harbor, extended by the Consolidated Appropriations Act (CAA), in which members could maintain health savings account (HSA) eligibility alongside first-dollar coverage for telehealth services. This safe harbor is set to expire on December 31,...
Across the United States, part-time, freelance or temporary work supplements the main income source for many workers. As the demand for side gigs grows, employers should understand the impact on business operations.
Employer-sponsored benefits are a critical element of an employee’s total compensation. Yet it’s no secret that employees struggle to understand how to leverage their benefits to improve their health, reduce waste and avoid medical debt. The National Institutes of Health cited that only 8% of...
Beyond offering employees experience-enhancing perks, like free lunches, casual dress codes and gym memberships, employers should supplement retention and job satisfaction efforts to connect with employees at different times throughout the year. Stay interviews are one simple and cost-effective...
College-bound students will soon begin their transition to campus. Parents are prepping their collegiate students with all the supplies they need to succeed, from books to bedding. One aspect of college life that many underprepare for is establishing how and where to seek medical or behavioral...
Another election year is upon us, and HR personnel are bracing for impact as tense political topics make their way to the workplace. Political topics are polarizing but outright barring political discussion is not always a realistic option for employers. Legally, employers can prohibit employees...