UPDATE: In December 2015, President Obama signed a law that delayed the Cadillac Tax until at least 2020. Click here for more details. This blog post was written before the delay was signed, but still contains useful information on the tax and its potential effects on business.
Think about the word “Cadillac.”
What sort of adjectives come to mind?
Probably ones like “luxury,” “high-end,” and “expensive.”
So a tax on health care plans named after a fancy car would probably apply to… fancy health care plans. Right?
Well, that’s how the ACA High-Cost Plan Tax – or Cadillac Tax, as it’s come to be known – was envisioned. It was supposed to be a tax on only the fanciest of health plans.
But left unchanged, the Cadillac Tax will affect a lot more businesses than originally thought.
When it comes to the relationship between US immigration laws and US employers, one of the biggest topics you need to stay up-to-date on is Form I-9 compliance and the E-Verify program.
While both deal with employment eligibility, there are major differences between the Form I-9 and E-Verify that can confuse employers (not to mention potential changes that could affect the whole process).
Let’s take a look at the basics of Form I-9 and E-Verify:
Yes, the gig economy - defined by workers becoming freelance service providers (such as taxi drivers through Uber or house cleaners through Handy) and dominated by internet startups as platforms to connect those who need a service with those who can provide it.
Judging by the wild success of companies like Uber – which connects users with the nearest available taxi driver using a smartphone app – it’s a rather profitable business model. Which is why there’s been loads of attention lately – from lawsuits to political battles – on the fact that the workers for these new “gig economy” companies are classified as independent contractors instead of employees.
And now, the Department of Labor is revising the traditional standard employers have used to classify workers.
In case you forgot: you have to deal with a host of ever-changing compliance and legal issues, benefits administration, the oversight of confidential employee information, and everything else that comes with managing a team of employees.
And if a magician stepped into your office right now with the power to eliminate a bunch of the time-stealing, email-clogging, desk-covering tasks that characterize your work week, you’d probably be pretty excited.
While we’re running low on magic wands at the moment, we did put together a list of the top 4 benefits of employee self-service portals (ESS)– or features in HR systems that allow employees to manage their personal information and payroll data and easily interact with their organization.
ESS portals will make your job easier and your employees happier in 4 big ways:
This short video showcases some of the new features in the HRCheck document center that will be released on Friday, March 20.
You’ll notice a more accessible layout in addition to some new icons. The trace icon will provide a listing of employees who received the document. You can click the icon again to view trace details, which will provide the originator and distributor of the document and if and when the employee e-signed the form. The trace icon will appear red if some employees haven’t e-signed yet.
To send a document, we’ve added drag-and-drop functionality so you can easily select which employees will receive your documents. Just drag the employees over and click “Save.”
Questions about the new document center? Click here for a full-length webinar we hosted on March 12.
It’s the Work Opportunity Tax Credit(WOTC) – the one that rewards you for hiring individuals from certain target groups like veterans and social assistance recipients.
And with a potential credit of up to $9,600 per eligible employee during the first year of employment, you’ll want to ensure your pre-screening and documentation processes are in credit-maximizing mode.
Read on to view our infographic on WOTCs so you don’t miss out!
Last week, CheckWriters released Free-Form Scheduling: the latest addition to your HR Check apparatus that will allow you to build schedules from scratch, copy previous schedules, and even auto-adjust for widescreen display.
We talked to our always-imaginative Development Team about the coolest features they built into Free-Form Scheduling.