HR outsourcing could be the answer for your company’s growth. Human resource departments have their hands full with recruitment, employee relations, and managing benefit plans. Ensuring compliance with the ever growing list of government regulations can be complicated, time consuming, and carry severe noncompliance penalties. Thankfully, BASIC is a third party administrator that offers solutions […]
Employers know an attractive benefits package is important to entice and retain high quality job candidates. For businesses evaluating which benefits to offer, a Flexible Spending Account (FSA) plan can be a cost-effective way to provide value for both employers and employees. What is an FSA? An FSA is an employer-owned savings account where employees […]
You can view the recording for this ICHRA webinar at this link. You can view our entire webinar library at this link. DATE: Thu, Oct 03, 2019 TIME: 2:00 pm EDT to 3:30 pm EDT Register for this webinar here. After registering, you will receive a confirmation email containing information about joining the webinar. Request a […]
DATE: Wed, Oct 23, 2019 TIME: 2:00 pm EDT to 2:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. BASIC’s Regional Director, Chris Eckert, will be presenting BASIC Payroll Plus, […]
Employee demotions occur for various reasons, including: Poor job performance. The position being eliminated. Disciplinary action (for conduct issues). The organization being restructured. Seeking a better fit for the employee’s skill set. Changing business needs. Voluntary decision by the employee. According to a study by OfficeTeam, poor performance is the No. 1 reason for demotions. […]
Cybersecurity — especially data privacy — is one of the biggest problems facing businesses today. These security problems are compounded because every segment of every industry is affected differently, and each is subject to the risk factors peculiar to that segment. Grouping similar data together based on chosen parameters allows businesses to assess the privacy […]
Every employee deserves to work in an environment free from discrimination, hostility, and harassment. From enacting mechanisms for reporting harassment to carrying out swift and thorough investigation procedures, employers play an integral role in ensuring the safety and wellbeing of their employees. Poor commitment to providing a harassment free workplace can cost both employers and […]
DATE: Thu, Aug 08, 2019 TIME: 2:00 pm EDT to 2:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. BASIC’s proven expertise ensures consistent compliance that satisfies the requirements of all relevant regulations. With penalties up to $100 per day per qualified […]
The IRS has announced Revenue Procedure 2019-29, which lowers the ACA’s affordability standard to 9.78 percent for 2020, down from 9.86 percent in 2019. The goal of the Affordable Care Act’s affordability standard is to provide employees with a low-cost group health care option by imposing cost-sharing limits. Group health plan coverage is deemed affordable […]
On Wednesday July 17th, the House of Representatives voted to repeal a provision of the Affordable Care Act called the “Cadillac tax” via the Middle Class Health Benefits Tax Repeal Act of 2019 (H.R. 748). Legislators have twice voted to delay the tax, which is set to take effect in 2022. The goal of the […]
