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HR Metrics: What They Are & Why They’re Important

Genesis HR Solutions

In the HR world, there’s no apparent standard of metrics for HR functions—what is measured is dependent on what matters to each organization. We know that what gets measured will get managed, and what’s managed will affect business goals. HR KPIs can help you answer questions like: Is the business growing? Cost-per-hire.

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How to calculate FTEs to determine ALE status

PeopleKeep

The Affordable Care Act’s (ACA) employer mandate relies heavily on calculating your full-time equivalent employees (FTEs). This is because understanding the number of FTEs your company has allows you to determine if your company is considered an applicable large employer (ALE) and is even required to adhere to the employer mandate.

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What does the 2024 ACA Affordability Decrease to 8.39 % mean to you? How will it affect your health plans?

AssuredPartners

What does the 2024 ACA Affordability Decrease to 8.39 % mean to you? The A-Penalty applies when an ALE fails to offer MEC (Minimum Essential Coverage) to at least 95% of its FTEs (Full-Time-Equivalent Employees as defined by the ACA) in any given calendar month. How will it affect your health plans?

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Workplace Fatalities Hit Highest Rate Since 2016

Assurance Agency

per 100,000 FTE workers in 2021. You can contact a member of our ‘A’ Team to see what risk management and safety training options are the right fit for your company. The Bureau of Labor Statistics recently released its 2021 Census of Fatal Occupational Injuries. Data from state, federal and independent sources show an 8.9

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7 Tips for Smooth Year-End Payroll Processing 2022

CorpStrat

What is Year-End Payroll? Employers with 50 or more full-time equivalents (FTE) are required to complete the mandatory ACA reporting using IRS forms 1094-c and 1095-C. Don’t leave your Year-End Payroll to the last minute. Even if you’re a Year-End Payroll veteran, it can still be easy to overlook crucial steps.

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Wodonga TAFE

Ascender

What Wodonga TAFE wanted from its new payroll system. We saved one full-time employee (FTE) as there wasn’t a business need because of the functionality of the system,” Carolyn explains. About Wodonga TAFE. Wodonga TAFE pays up to approximately 550 employees, delivering over 2.5 Solution Approach.

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Opening an Office in Another State? Ask Yourself These 7 Questions

Insperity

Another example is the employer mandate under the Affordable Care Act (ACA), which goes into effect once companies have 50 or more full-time equivalent employees (FTE). What are the new state and local laws? What is the operational impact? But at the same time, you’re not new to the challenges of being an entrepreneur.