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Understanding Employer Pay Obligations for Travel Time

For many employers, sending employees out into the big, wide world to perform their job duties is an everyday occurrence. However, many employers are not aware of the situational details that may make time compensable or not compensable for non-exempt employees. Employers must consider both state and federal law surrounding travel time pay and then apply the most generous policy to the employee. Home-to-Work and Work-to-Home Travel – Employers are not obligated to pay an employee for their time spent commuting no matter how far away they live. If it’s part of their normal commuting time, it’s unpaid. Worksite to Worksite Travel – If an employee must travel in order to accomplish th

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November 15th Marks a Big Day for the Affordable Care Act

The Health Insurance Marketplaces (also known as the State Health Exchanges) will be opening on November 15 for individuals to enroll in non-employer sponsored plans for 2015. While employers are generally not greatly impacted by open enrollment for individual plans, there are a few reasons why employers may want to mark November 15 down on their calendars: Window to enroll in a SHOP plan with less than 70% participation. Unlike individuals (who generally must sign up for a health plan during the 3 month open enrollment window), small businesses that wish to purchase insurance through the Small Business Health Plan Options Program (SHOP) exchange can usually enroll in any month. In order t

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2015 401(k) Contribution Increases

Earlier today, the IRS released their updated pension plan limits and 401(k) contributions.  The maximum employee contribution will increase from $17,500 to $18,000 for 2015 for 401(k), 403(b) and 457 plans.  For the full announcement, visit the IRS website.

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Remaining Compliant In 2015 With Health Care Reform

The Affordable Care Act For 2015: Is Your Business Ready? While it may seem hard to believe, we are all officially into the final corporate quarter of 2014. With the onset of 2015 swiftly approaching, business owners in every industry are looking ahead and preparing to make next year their best one yet. Of course, for many business owners, they are not simply carrying the burden of planning for success in the upcoming year; they are also attempting (often futilely) to carefully navigate through the pending rules and regulations of the 2015 Obamacare health care reform act. Staying Compliant With The 2015 PPACA Rules And Regulations If you're a business owner managing an organization of any s

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Election Time is Near

As we once again approach election time, we wanted to remind everyone of what you (as an employer) can and can't do as it relates to time off for voting. Each state varies in the time off permitted for voting, be sure to check your local state laws.  In Wisconsin, employees are entitled to be absent from work while the polls are open for a period not to exceed 3 hours.  Employees must notify the employer prior to election day and employers do have the ability to designate the time of day for the absence.  Details can be found HERE.  

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Keep the Holidays Fun — and Liability Free

November is here— and that means the end-of-year holiday marketing blitz is already in full swing. Businesses are gearing up for the season of office decorations, gift exchanges, home-baked goodies, and the company’s annual holiday party. For employers, the holiday season can be a minefield of potential liability issues. They want to provide a fun and festive environment for employees without creating risks for the company. Top holiday liability risks The three biggest areas of risk for employer liability during the holiday season are diversity, harassment, and employee safety. Diversity. Today’s workplace is more diverse than ever, encompassing employees of many different cultures,

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2015 Social Security Wage Base Announced

Today, the IRS released some upcoming changes for the 2015 calendar year.  The Social Security maximum taxable earnings have been increased by $1,500 to $118,500.  More details on additional changes for the upcoming year can be found here.

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Implementing A Payroll Conversion System

How To Plan For Success During Your Payroll Conversion Process Are you currently considering a payroll conversion for your organization? As a leading resource for organizations of every size and scope moving to a new payroll system, The Payroll Company understands how critical a methodical, systematic transition is key to the overall success of the initiative. When getting ready for your payroll conversion, it's important to consider key factors such as: Timing of payroll conversion: When you implement your payroll conversion is crucial; as we near the end of October, now is the perfect time to consider a year-end conversion. While a year-end conversion isn't a necessity, this type of timin

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Unusual FUTA Tax Increases May Apply in 2014

The Federal Unemployment Tax Act (FUTA) tax rate is normally 0.6% of wages paid up to a limit of $7,000 per employee, or $42 per worker per year. FUTA tax is payable in January of the following calendar year with Internal Revenue Service (IRS) Form 940. However, due to a special "Benefit Cost Ratio" or BCR add-on tax employers in affected states and the U.S. Virgin Islands may pay an increased FUTA tax rate in January 2015. As a review of FUTA taxes, for-profit employers pay federal and state unemployment insurance tax based on taxable wages paid to employees. The FUTA tax rate is normally 6.0%, but typically includes a credit of 5.4% for payment of state unemployment taxes. This makes the

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