by chris | Nov 29, 2018 | Business Tips, General News, Payroll, Taxes
Are an HSA and FSA right for you? Explained by the IRS, a health savings account is a tax-exempt trust or custodial account used to “pay or reimburse certain medical expenses you incur; you must be an eligible individual to qualify for an HSA.” Companies...
by chris | Nov 20, 2018 | Business Tips, Human Resources
Group health insurance is a single health insurance policy issued to a group. Typically, this group is a business with employees. The employer purchases the policy on behalf of its employees, which is why group health insurance is also called “employer-sponsored...
by chris | Nov 20, 2018 | Affordable Care Act, Human Resources, Payroll
A headcount is the total number of people employed by an organization, including full-time and part-time employees. A headcount report, created via a human resource information system (HRIS), lets you sort and categorize employees based on different variables — e.g.,...
by chris | Nov 20, 2018 | Business Tips, General News, Payroll
In 2016, the National Automated Clearing House Association (NACHA) reported that 82 percent of U.S. employees are paid by direct deposit, jumping from 74 percent in 2011. Clearly, this trend is on the rise. But you may be surprised to learn that, according to the...
by chris | Nov 19, 2018 | Business Tips, General News, Human Resources
An employee’s personnel file contains important work-related information specific to him or her. This may include: Job description. Job application. Resume. Employment offer. W-4 form. Employee benefits forms. Emergency contacts. Employment contract. Performance...
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