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HR Elements: Workplace Culture | Why Best Friends Have Benefits at Work
READ TIME: 3 MINUTES You likely remember your first work friend. They showed you the ropes and helped you navigate office politics. Today, research shows that work best friends are not just nice to have, but also play an essential role in employee engagement and retention. Fostering a buddy-friendly environment can reap benefits in many […]
Read moreDOL Announces 2023 Penalties for Health & Welfare Plan Compliance Errors
READ TIME: 4 MINUTES Since 2015, federal agencies have been required to annually review the laws and regulations they enforce to adjust applicable penalties for inflation. These adjustments, or so the theory goes, provide higher incentives for plan sponsors to ensure their benefit plans and programs remain compliant. Specifically, the U.S. Department of Labor (DOL) […]
Read moreWebinar: Shedding Light on Qualifying Events and Special Enrollment Periods
Tuesday, February 14, 2023 1 – 2PM CST Register Now Attend this month’s webinar to learn how, when, and why the Internal Revenue Service allows an employee to make midyear election changes. Gain insights into: Section 125 irrevocable plan elections Which family members are impacted by permitted changes, and the “family glitch” Common HR errors […]
Read moreIRS Grants Permanent 30-Day Extension to Providing Individual ACA Statements
READ TIME: 4 MINUTES ‘Tis the season for applicable large employers (ALEs) to scramble to meet their Affordable Care Act (ACA) obligation to provide full-time employees with individual statements that provide group health coverage information required to be filed with the IRS on Form 1095-C. Although the ACA generally requires ALEs to furnish individual statements […]
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