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February 2024 HR Update

Higginbotham

29, 2024 for Calendar Year Plans Each year, group health plan sponsors are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS) indicating whether the plan’s prescription drug coverage is creditable or non-creditable. Medicare Part D Disclosures Due by Feb.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Enhancing Employee Health And Well-being: Benefits like health insurance, wellness programs, and mental health support contribute to employees' physical and emotional well-being. The health and well-being of our employees is a top priority because they are our company's greatest asset.

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Payroll Practices in Colombia

Global People Strategist

The Labour Code in Colombia includes a thorough overview of employment conditions, employment contracts, salaries, contributions to social security, holiday and vacation legislation and proper payment for overtime hours. It is also imperative that global companies follow the local minimum wage and overtime regulations.

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Missed Payroll in the Wake of Bank Collapse: Implications, Strategies, and Minimizing Risk

Proskauer's Employee Benefits & Executive Compensa

Under some of these laws, payment of certain kinds of wages ( e.g., overtime wages) can be delayed until the following regularly scheduled pay day, but only if the wages cannot be computed in time with reasonable diligence. First, employee contributions ( e.g. , to health or 401(k) plans) will need to resume when payroll resumes.

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Modules of a Human Resource Management System

Qandle

You may also simply review reports that show you when any of your workers are getting close to reaching their overtime limit, or you can make a rapid repair if your payroll has become noncompliant with the time and labor rules of your state. Both of these examples are possible. Both of these options are very convenient.