The U.S. labor force totals more than 168 million people, spanning multiple generations. Employers looking to widen their recruitment pool should note the diverse generational preferences and needs of the workforce.
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Each year, private employers with 100 or more employees (and certain federal contractors) must file an EEO-1 report with the Equal Employment Opportunity Commission (EEOC). The report provides data about race/ethnicity and sex by various job groupings within a company. The information is used by...
Employer-based fully insured and self-funded health plans and insurance companies must submit information regarding prescription drug and health care spending annually, known as Prescription Drug Data Collection (RxDC) reporting. This requirement was created under Section 204 of the Consolidated...
What are Forms 1094 / 1095?
Forms 1094 / 1095 are used by employers and health insurance carriers to report coverage and enrollment information to the Internal Revenue Service (IRS) and benefit-eligible employees.
Tick another task off your to-do list by partnering with the right payroll and accounting provider. Having the right partner in your corner can drastically ease the administrative burdens that come with bankrolling a business. Bukaty Companies Payroll & Accounting team offers customized solutions...
Employee surveys, when correctly crafted and utilized, are an employer's cheat sheet to increase employee retention and satisfaction. Knowing what questions to ask, how and when to ask them, and how to interpret the insights gained are markings of an organization in tune with its workforce....
The IRS sets a standard mileage rate to calculate the deductible or reimbursable cost of miles driven for business, charity, medical, or moving purposes. The standard mileage rates for 2025 are
Missouri employers should note the minimum wage increase that went into effect on January 1, 2025, bringing the state’s rate to $13.75 per hour. An updated minimum wage poster must be displayed in a conspicuous and accessible location. Proposition A, passed by Missouri voters on November 4, 2024,...
More than 20 states and municipalities have enacted paid family and medical leave laws in recent years, and the list is growing. A recent DOL advisory opinion clarifies how employer-provided paid leave is managed under the Family and Medical Leave Act (FLMA) when the employee is also entitled to...
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.