Continued ACA Compliance Enhancements Lead Q1 Updates for Paycor
Continued ACA Compliance Enhancements Lead Q1 Updates for Paycor

Continued ACA Compliance Enhancements Lead Q1 Updates for Paycor

Fast-Growing HR Tech Firm Enhances Software through Ongoing Client Feedback

_Press Release
Cincinnati, OH
PR Web
March 10, 2016_

HR tech firm Paycor today announced its first quarter (Q1) software improvements for the 30,000 small and medium-sized businesses it serves nationwide. Paycor releases Perform product enhancements and new capabilities each quarter, many of which are developed directly from client feedback. As the SaaS company continues to streamline its all-in-one Perform platform for HR, payroll and timekeeping, it introduces a range of updates to drive organizational efficiency.

“We’re proud to share that nearly all of our clients were print-ready for the original (now delayed) Jan. 31 deadline to provide 1095 forms to employees,” shared Jennifer Langer, senior vice president of Product Management for Paycor. “With our first quarter Perform product update, we’re making additional enhancements to our Affordable Care Act (ACA) suite of services to help clients stay compliant for 2016 and beyond.”

Paycor’s first quarter Perform product release includes:

2016 ACA Tracking and Filing

Clients using Paycor’s industry-leading ACA Connect solution will now be able to receive real-time feedback from the Internal Revenue Service (IRS) regarding the status of their ACA filings. IRS feedback is clearly communicated and guidance is provided so that clients can self-correct their ACA forms as many times as is necessary, while still retaining the history of each change for audit purposes.

Department of Labor (DOL) Reporting

Paycor data indicates that up to 65% of employers may be affected by pending changes to the Fair Labor Standards Act overtime regulations from the Department of Labor. To help employers respond in a cost-neutral way, Paycor built standard reports to help employers, including:

* The DOL Employees Affected Report enables employers to receive a list of active employees who may be affected by the proposed Department of Labor overtime updates with just a few clicks.

* The DOL Cost Neutral Report provides a list of adjusted hourly rates for salaried employees that can help keep employers cost-neutral based on the proposed Department of Labor overtime updates.

Mobile Career Pages and Mobile Job Applications

Employers using Paycor’s Newton applicant tracking system are now empowered with tools to convert the ever-growing number of mobile job seekers to candidates. The new enhancements are available to employers today, and they include the ability to automatically transform employers’ careers pages and job applications to fully mobile experiences without any support from IT, web developers or need for third-party tools.

Onboarding Enhancements

Paycor’s Onboarding solution helps thousands of companies improve hiring efficiency while creating an engaging first experience with new hires. With the first quarter update, each step in the onboarding process includes improved flexibility, such as the ability to add custom links or new fields.

Modern Performance Management

Perform HR’s new Performance Management solution creates an interactive experience for administrators and employees to complete their reviews. Reviews can be set at any frequency and are actionable, allowing the employee to confirm that the review has occurred and to access it online from anywhere.

More to Discover

EEO Compliance: Are You Prepared to File the Updated EEO-1 Report?

EEO Compliance: Are You Prepared to File the Updated EEO-1 Report?

On October 29, 2019, the court ordered the EEOC to “take all steps necessary to complete the EEO-1 Component 2 data collection for calendar years 2017 and 2018 by January 31, 2020.” Due to this order, the data collection system will remain open indefinitely. Employers that have not yet filed should do so as soon as possible.Paycor will continue to monitor the EEOC for a more defined deadline and will communicate more information once it is made available. The clock is ticking: What employers need to know about the latest EEO-1 reporting requirements Earlier this year, a federal judge in Washington D.C. ruled that employers must collect 2018 pay data (also known as Component 2 data) for employees and submit it to the Equal Employment...

Head into “Year-Beginning” Ready for Success

While it’s most common for us to talk about 4th quarter as “year-end”, I like to think about this time as “year-beginning.” It’s a hectic season and most of us have to ensure we operationalize a strong finish, while forecasting and planning for the next 12 months.Yet, our clients often tell us that they have a hard time getting to planning and working strategically on their people practices. The emails keep coming. Hiring is still needed. And once again, here comes another open enrollment.How is Paycor helping you with this balance? A progress report from the last 3 months:New advancements available this quarter to help your processes Ability to preview Forms W-2: Administrators can now preview W-2s to ensure accuracy and reduce needs...

Paycor Wraps Up 4th Annual Holiday Market

Paycor Wraps Up 4th Annual Holiday Market

This month, Paycor hosted its 4th annual Holiday Market. Employees, from around Cincinnati, were invited to HQ for an afternoon of shopping, raffle prizes and tasty treats.The initiative for hosting the Holiday Market is simple. Our employees work hard year-round, and during the holiday season we feel as if we should reward their efforts. Not only is the event supposed to give associates a break during their busy day but it encourages departments to spend time with one another.In addition, we live to support our clients and love that we get a chance to showcase a handful of amazing people and local businesses.Some of the clients and local vendors included: City Scape Tiles The Candle Lab Bling Favorites Cincy Shirts Bengals Pro Shop...

We’re Thankful for Our Employees

We’re Thankful for Our Employees

During the holidays, families are overwhelmed with parties, travel plans and activities. And our Paycor associates are no exception. With all the craziness that goes on during Thanksgiving, people should be focused on spending time with family and friends, not worrying about expenses. Well, that’s what Paycor’s founder and CEO, Bob Coughlin, believes.This initiative is close to Bob’s heart and for more than 25 years he’s been handing out turkeys for employees to enjoy with their families. This year, through Bob’s support, nearly 900 turkeys were given to associates. From the top down our organization truly is inspired to do the right thing and support one another.He didn’t forget about our remote employees, our temps and contractors or...