Outsourcing has become an increasingly popular strategy for organizations aiming to allocate resources strategically. While the decision for outsourcing payroll management can vary depending on factors such as organization size,
The U.S. Department of Labor (DOL) has recently announced significant changes to the regulations governing overtime pay eligibility, impacting millions of American workers. Let’s dive into the key aspects of
In many workplaces, the human resources (HR) department is the face of the employer. HR departments are the ones who generally communicate new employment policies and are in charge of
As you’re undoubtedly aware, employers bear the responsibility of withholding and remitting payroll taxes. Maintaining vigilance over payroll tax compliance is imperative, especially in the absence of third-party providers. Given
Tax-advantaged accounts or reimbursement plans for healthcare are a popular benefit offered by employers. They are great because they help organizations handle high medical costs, while giving employees a tax-friendly
Every employer recognizes the critical importance of a comprehensive and legally compliant hiring process. While there exists no federal obligation for background checks in private sector employment, they are widely
When employees leave their jobs, financial advisors typically encourage them to roll over their 401(k) plans into a new employer’s plan or perhaps an IRA. Many people do this, but
Mentorship programs have been around for a while, but their popularity tends to fluctuate depending on factors such as industry needs and workforce demographics. A recent survey suggests that these
An increasing number of employers are now embracing remote work options for their employees, whether full-time or part-time. If your organization falls into this category and provides a health care
Cafeteria plans, also known as flexible benefits plans or Section 125 plans have allowed employers to offer employees a diverse selection of personalized, tax-efficient fringe benefits. One of the great
