article thumbnail

Embrace the Digital Postcard for Virtual Open Enrollment 2020

Flimp Communications

The disruption caused by the pandemic brought an end to in-person enrollment meetings and benefits-onboarding presentations for HR and benefits providers. Workforces are virtual and dispersed and access to centralized benefits information is more critical than ever.

article thumbnail

Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

1 payday back into 2020, you’d still have 27 biweekly pay periods, this time in 2021. Although most companies choose this option, it may be a costly decision, since employees will receive an extra paycheck, along with extra taxes withheld and extra benefits provided. 1, 2021, is a holiday. Twist: If you don’t push the Jan.

Payroll 83
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

UK employment law 2020: what’s on the horizon?

cipHR

From likely UK case law developments to changes to annual leave calculations and employees’ entitlement to written statements of particulars , ESP Law’s team of legal experts look ahead to what 2020 has in store for employment law . Details of any other benefits provided by the employer that are not already included in the statement .

article thumbnail

Special Open Enrollment: A Key Opportunity for Small Businesses Facing Coverage Challenges

CorpStrat

While California introduced its own individual mandate in 2020 to encourage residents to obtain insurance, financial constraints or lack of interest may still impact participation rates. Deadlines are tight, so it’s essential to work closely with your benefits provider to meet all submission requirements within the SOE Window.

article thumbnail

EXCLUSIVE: 80% rise in worker Covid death pay outs

Employee Benefits

The figures, sourced from providers on behalf of industry body Group Risk Development (Grid), highlighted that more than £168 million was awarded last year, up from £93 million in 2020. Payment of a group life assurance benefit provides a vital financial lifeline for dependants, she added.

Pension 111
article thumbnail

Congress temporarily changes limit for dependent care

Benefit Resource Inc.

Parents can submit claims for eligible expenses incurred in 2020 and 2021 related to care for children under age 14. In order to pass the non-discrimination testing, the average amount of benefits provided to Non-Highly Compensated Employees (NHCEs) must be at least 55% of the average benefits provided to Highly Compensated Employees (HCE).

article thumbnail

How to contain employee benefits costs (and why most businesses struggle)

Insperity

There’s no getting around it – employers pay a hefty sum to provide health care benefits for their employees. 2020 data from the U.S. Letting high-cost benefits drag your business down financially is a big mistake – especially when you consider the numerous benefits provided by a PEO relationship.