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Ensuring Compliance and Reducing Risks Home-based care companies operate under stringent regulations that govern employment practices, caregiver qualifications, and patient safety standards. An HR audit helps ensure compliance with federal, state, and local laws, reducing the risk of legal issues and penalties.
At the same time, you are probably trying to review employee data and payroll records in preparation for year-end reporting, tax filing and setting up the first payroll of 2020. It’s best to streamline payroll and other key HR processes, to achieve optimal levels of efficiency and staff productivity.
We offer services that include payroll, HR, time tracking, benefits administration, training, hiring, and talent management. Stay Up-To-Date on Compliance & Trends powered by Advanced iFrame. How MP Can Help At MP, we understand the intricacies of aligning HR and finance for successful workforce planning. Let’s get started!
Compliance with Leave Laws: Know Your Obligations Many states mandate accruing sick time, even for seasonal employees. Our HR experts can provide tailored advice on benefits, compliance, recruitment, and more. Stay Up-To-Date on Compliance & Trends powered by Advanced iFrame. Get the Pro version on CodeCanyon.
So, making sure that organizations have the systems in place to properly manage the payroll process is vital. That includes compliance with employment tax payment and reporting rules with each of the various local, state, and federal agencies to avoid penalties. The entire organization needs to be involved.
Large HCM SaaS solution providers, for example, quickly added functionality to comply with new payroll legislation, track COVID cases, obtain feedback from employees or support return-to-work management. Technology is helping employers make those decisions around topics such as wellness, compliance, data analytics, learning and more.
I recently had an HR Bartender reader ask me about the topic of strategic compliance and how organizations should think about creating a strategic compliance strategy. It starts by shifting our views about compliance. Strategic Compliance: More Than a Cost of Doing Business. It’s a great question.
Using employee scheduling software has several benefits, including automating the staff scheduling process, optimizing labor costs, preventing payroll-related errors, eliminating back-and-forth communication with employees, and minimizing scheduling conflicts. Overview of 20 Best Employee Scheduling Software for 2024 1. 5 Capterra: 4.5/5
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In 2020, Chawla set out to simplify the complicated world of leave for HR, managers, and employees alike with a single platform that navigates all the different aspects of planning a leave, whether it be parental, medical, caregiver, or bereavement. “We What product or service does your company offer?
The ultimate goal of a company’s leave management process is to allow for time off needs while minimizing disruption to the workforce — all while remaining in compliance with applicable laws and regulations. from 2020 to 2026, reaching a staggering USD 0.95 It allows for properly managing staffing levels and legal compliance.
Michigan Sick Leave Law 2025: What Employers Need to Know About ESTA Compliance February 20th, 2025 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Michigan is set to introduce significant changes to its sick leave regulations through the Michigan Earned Sick Time Act (ESTA) , which takes effect February 21, 2025.
Below are the most important 2021 dates as they apply to ACA reporting for the 2020 tax year. February 28, 2021 is the deadline to paper file forms 1094-C and 1095-C with the IRS for the 2020 tax year. March 31 is the deadline for electronically filing Forms 1094-C and 1095-C for the 2020 tax year. February 28, 2021.
As you begin to generate your ACA forms to be reported to the IRS and furnished to your workforce, be sure to perform the following steps to minimize any potential penalty exposure: Consolidate and validate HR, time & attendance, payroll, and health benefits data. Monitor compliance within the 95% offer of coverage threshold.
Comprehensive coverage: Includes all critical year-end tasks, from payroll and benefits to W-2 and 1099 preparation. Meet compliance requirements : Stay up-to-date with the latest regulations and avoid penalties. Stay Up-To-Date on Compliance & Trends powered by Advanced iFrame. Ready to take control of your year-end?
Explore MPs resources and expert solutions today to ensure every new hire feels valued, prepared, and excited to join your team. Download Here Make sure to subscribe to MPs blog and stay on top of the most up-to-date news and trends in the business realm.
This includes the following: The option for borrowers to use an “Alternative Payroll Covered Period” instead of the “Covered Period” if their payroll reschedule is biweekly or more frequent. This form provides additional guidance on the heels of the SBA’s May 13, 2020 issuance of frequently asked questions for lenders and borrowers.
2 minute read: On August 12, 2020, the Small Business Association (SBA) issued a new interim final rule that provides guidance for borrowers and lenders on the appeal procedure for SBA loan review decisions for loans under the Paycheck Protection Program (PPP). For questions about the ACA contact us here.
ACA Penalty Payday: Common Mistakes Businesses Make (and How to Avoid Them) July 25th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn In our previous blog, we discussed the end of “Good Faith Relief” for ACA reporting and the potential consequences for non-compliance.
Ensure Compliance and Consistency 1. Compliance: Ensure that your compensation practices comply with all relevant laws and regulations, including pay transparency laws and multi-state employment regulations. Stay Up-To-Date on Compliance & Trends powered by Advanced iFrame. Let’s talk today!
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Our HR and payroll experts are committed to delivering exceptional customer service by combining cutting-edge technology with a team of certified HR professionals. We offer comprehensive HR support including payroll processing, time tracking, tax filing, compliance with state-specific regulations, recruiting, and much more.
1 minute read: On August 4, 2020, the Small Business Association (SBA) released 10 pages of FAQs pertaining to loan forgiveness under the Paycheck Protection Program (PPP). We’re committed to helping companies reduce risk, avoid penalties, and achieve 100% ACA compliance. For questions about the ACA contact us here.
Automation can also handle repetitive tasks such as payroll processing , benefits administration, and employee record management. Stay Up-To-Date on Compliance & Trends powered by Advanced iFrame. Meet with a team member from MP today to get started with a leading HR technology at your business. Get the Pro version on CodeCanyon.
To ensure compliance, it’s beneficial to stay informed about local laws and regulations regarding pay transparency. Remember, a well-structured compensation strategy is not just about compliance—it’s about creating a work environment where employees feel valued and motivated to contribute their best. Get the Pro version on CodeCanyon.
Such leaves may have an impact on your organization’s Affordable Care Act (ACA) compliance in the form of the ACA’s Affordability requirements. Congressional funding is appropriated for paid sick leave under FFCRA through payroll tax credits. Paid sick leave affects a critical piece of ACA compliance: affordability.
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Outsmart Payroll Fraud: 7 Powerful Strategies with Payroll Solutions May 28th, 202 4 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Share via Email Share via Email Payroll fraud is a constant threat, impacting 1 in 4 businesses across all industries.
By understanding the law’s requirements and implementing effective policies and procedures, employers can ensure compliance and create a supportive workplace for all employees. Stay Up-To-Date on Compliance & Trends powered by Advanced iFrame. Get the Pro version on CodeCanyon.
Stay Up-To-Date on Compliance & Trends powered by Advanced iFrame. We are wired for HR and ready to help you ensure your workforce has the right people in the right roles. Make sure to subscribe to MP’s blog and stay on top of the most up-to-date news and trends in the business realm. Get the Pro version on CodeCanyon.
Online Payroll: Deep Dive into Employer-Specific Solutions June 25th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Online Payroll is the foundational element of any successful business, but catering to different workforce configurations and industry demands requires more than just accurate wage calculations.
Legal and Compliance Considerations of Pay Transparency Pay transparency initiatives must comply with various laws and regulations to ensure fairness, prevent discrimination, and maintain legal compliance. Stay Up-To-Date on Compliance & Trends powered by Advanced iFrame. Get the Pro version on CodeCanyon.
Announced by the IRS, the end of Good Faith Relief means businesses are now solely responsible for accurate and timely reporting – and the potential consequences for non-compliance can be a real financial blow. Stay Up-To-Date on Compliance & trends powered by Advanced iFrame. Well, those days are officially over. Why the Shift?
Leveraging AI for HR Efficiency and Compliance February 27th, 2025 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn FAQ 1. What once seemed like a futuristic concept is now a present-day reality, as HR professionals can leverage AI to improve efficiency, streamline processes, and maintain compliance.
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By upgrading to MP’s powerful HCM platform and proactive, practical HR consulting strategy, we’ll ensure that your organization is in compliance, your employees are performing well and satisfied, and your business is optimized for success. The MP team is wired for HR , which includes supporting your team’s mental health.
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EWA gives workers access to funds without completely disrupting the payroll cycle. Once you’ve experienced EWA, going back to a fixed payroll schedule feels like giving your employer a series of interest-free loans. Your workers have countless personal expenses and bills that don’t align with your regular payroll schedule.
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