Remove Overtime Remove Profit Sharing Plan Remove Work From Home
article thumbnail

Compliance Areas for 2024 You Might Not Have Thought Of

PeopleStrategy

Let’s get into these areas that deserve another look before the new year starts: health savings accounts, overtime, retirement, remote employment, and the Affordable Care Act. HSA Compliance Health savings accounts (HSAs) have become commonplace in the last several years as a way to offset high deductible health plans. per hour Jan.

401(k) 52
article thumbnail

Flexible work arrangements: Balancing employee preferences with organizational needs

Higginbotham

Business owners who were skeptical of the whole idea of remote work received a practical demonstration of how effective flexible work arrangements can be , with reduced operating costs and minimal loss of productivity. Eating whatever is in the fridge while working from home can offer significant cost savings.

article thumbnail

A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

Some non-monetary rewards include opportunities to learn and grow, extra time off, profit-sharing plans , wellness memberships, etc. Rewards should be flexible and varied overtime to meet employees' changing needs, lifestyles, and career stages. Components/Elements of Total Rewards. Flexibility. Overall Well-being.

IT 52