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31 HR Acronyms Explained

Genesis HR Solutions

Leave a comment below with your suggestions. This cheat sheet explains several common human resource acronyms. 1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (

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2021 Year-End Compliance Checklist

The Olson Group

These include a Summary of Benefits and Coverage (SBC), privacy practices on personal health information (HIPPA), the Children’s Health Insurance Program Reauthorization Act on Health Coverage assistance (CHIPRA), Women’s Health and Cancer Rights Act (WHCRA), and COBRA General Rights and Election Notices.

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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

It also clarifies the Fair Labor Standards Act (FLSA) regulations for paying overtime. There’s a lot you need to know about classifying your employees the right way based on the Fair Labor Standards Act (FLSA). The federal overtime provisions are contained in the Fair Labor Standards Act (FLSA).

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How Employee Perks Can Help Companies in the US

Vantage Circle

When chosen and implemented thoughtfully, employee perks act as a talent magnet. Healthcare Benefits: Comprehensive medical, dental, and vision insurance plans The healthcare benefits in the United States are undeniably one of employees' most critical and sought-after perks. And what are HR’s going to gain from it?

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Reconsidering your employee benefits priorities

Health Consultants Group

Whether their families battled the virus or not, they have all endured a life-changing event. After a year of unprecedented medical and personal experiences, employees can easily detect holes in their benefits plans. Family-Friendly Benefits: sick leave, time off to care for children and adult family members, paid foster care.

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How to Be Smart About FSA Spending

Benefit Resource Inc.

We think it’s pretty obvious, but we LOVE Flexible Spending Accounts (FSAs). With roughly 160 Flexible Spending Account (FSA)-related blogs on our site concentrating on eligibility, spending options, plan strategy, savings, and more…we cover it all! Make doctor’s appointments now for you and your family.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Health insurance Health insurance aims to assist employees with the costs of obtaining medical care. This is one of the most critically important benefits to employees, given the generally high costs associated with medical care. Optional dental and vision care are usually offered alongside health insurance for an added fee.)