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Employee Data: Meaning, Types, and Best Practices

HR Lineup

Employee data serves multiple purposes, including: HR and payroll processing : It ensures accurate and timely payment of salaries, benefits administration, and tax reporting. Attendance data is critical for payroll calculations, workforce scheduling, and identifying patterns related to absenteeism or work-life balance issues.

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Benefits Coordinator Job Description: Salary and Job Responsibilities (with Examples)

AIHR

From healthcare and retirement plans to wellness initiatives and flexible work arrangements, their expertise in navigating the complex world of benefits administration is crucial for attracting and retaining top talent. Coordinate with HR or the payroll team for payroll deductions. Contents What is a Benefits Coordinator?

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Your 2025 benefits compliance checklist: What you need to know

WEX Inc.

Action item: Stay informed about state laws and ensure your payroll systems align with contribution requirements. HIPAA privacy and security Protecting employees’ health information is critical. Regularly review and update your HIPAA policies and procedures to address new threats and vulnerabilities.

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The Essential Features of Benefits Administration Software

Netchex HR Blog

LEARN: What is Benefits Administration and How Can HR Technology Make it Easier? LEARN: What is Benefits Administration and How Can HR Technology Make it Easier? Here are a few of the must have features for benefits administration software: Compatible with payroll software and other HR functions. Easy-to-use and customizable.

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Employee Benefits Management: Getting the Most Out of Your Benefits Plan

Netchex HR Blog

You might offer a partial match on programs like retirement savings, but other voluntary benefits are relatively inexpensive for the company. When done properly, employee benefits management helps employees, as well as the company. When it comes to benefits, both legal compliance and employee satisfaction are important. Manage benefits cost.

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Your Ultimate HR Compliance Checklist for 2024

AIHR

This could also include training on anti-discrimination and harassment, safety, employee rights and responsibilities, and any other applicable compliance policies or procedures. Records retention: Maintain training and acknowledgment records of new employees from their new hire orientations 3. Since 2000, U.S.

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Penalties for Benefits Noncompliance

Zenefits

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). The American Express railroad company set up the first retirement plan in 1875. Retirement. Notification rules.

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