Need a reason to help your employees get the COVID-19 vaccine? Here’s a good one! Your firm can receive a tax credit. That’s right! If your company has fewer than 500 people, it can claim refundable tax credits as part of the American Rescue Plan Act of 2021. The ARP gives small and midsize employers […]
President Biden wants workers to be given 12 weeks of paid leave to be phased in over the next 10 years as part of his American Families Plan. Reason: Only about 20% of private sector workers had access to paid family leave in 2020, according to the National Compensation Survey. Recovering from pandemic The AFP […]
You now have the guidance you needed from the IRS to implement the COBRA subsidy provisions included in the American Rescue Plan Act of 2021 (ARPA). To compensate for unemployment issues due to the pandemic, the ARPA – brought to life by President Biden on March 11, 2021 – provided 100% COBRA premium subsidy. Now, […]
Now that the CDC has expanded eligibility of the COVID-19 vaccines to everyone in the U.S. aged 16 years and older, your employees are probably feeling less stressed about coming back to the office, right? Unfortunately, that doesn’t seem to be the case.
Do your employees truly understand the benefits you offer? There are reports going around that say a good portion of employees don’t understand their benefits. And that’s not good because if they don’t understand them, they won’t use them. And that spells dollars lost for firms. What do you do? First off, don’t get frustrated. […]
The rush to get the $1.9 trillion American Rescue Plan Act (ARPA) passed by the House and the Senate, and signed into law by President Joe Biden was completed on March 12. And if you haven’t heard, parts of it affect employers. Here’s what you need to know: COBRA coverage The government’s subsidy was changed […]
If your company has made a tremendous shift in the employee wellness benefit it’s offering in 2021 due to the pandemic, you are far from alone. But are these benefits a smart investment? You can judge that for yourself. A new report by Wellable found employers are investing in the following wellness benefits this year: […]
Flexibility was the name of the game for getting work done in 2020. And Benefit pros had to deal with some confusing situations, like whether travel time is compensable under FLSA when employees split their work time between the office and home in alternating days or the same day. To help clear up any confusion, […]
States are expanding workers’ compensation coverage for COVID-19
