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Compliance
42% of medium and small businesses have negative feelings about their compliance management practices. Learn how to get the upper hand on this complex topic.
Remote Work Policy - Information Security Template
To make remote work successful, HR needs to think through risk mitigation policies, especially if it’s new to your organization. One of the biggest issues to consider is information security. It’s important that your remote workers know what to do in case of a security breach or data loss. Download Remote Work Information Security Policy Template Why Information Security is Important for a Virtual Workforce Protecting your company’s data (and the data of your clients) is hard enough when everyone’s working in the same office. It gets more difficult in a distributed, virtual environment. When an employee is offered the opportunity to work remotely, you may want them to sign an initial work from home agreement covering the general...
Paycor’s PPP Dashboard: Track Your Paycheck Protection Loan Spending
UPDATE June 05: On June 4, the Senate passed the Paycheck Protection Program Flexibility Act, extending the ‘Covered period’ and reducing the percentage of loans that must be spent on payroll.After a successful application for a PPP loan, the next step is to spend the money. But you need to watch out—loan forgiveness isn’t guaranteed. The PPP Flexibility Act allows payroll protection loans to be used within a 24-week period and at least 60% of funds must be spent on eligible payroll costs.To help customers track these qualified expenses, Paycor created a PPP dashboard. Requirements for PPP Loan Forgiveness When applying for loan forgiveness you can’t simply claim “payroll costs”. All costs all have to be accounted for and you need to be...
Overtime Rules For Employees Who Work From Home
Working from home is the new reality for millions of employees across America, and it might be a while till the entire workforce will be able to get back to the office. More than a third of workers who used to commute are now working from home, according a recent survey.Among the many new challenges SMB leaders face is keeping track of the hours their employees work at home and understanding what mandatory WFH policies mean for calculating overtime.Read 5 Ways to Make Remote Work Successful. Exempt Employees If you only have exempt employees, relax—the rules for exempt employees are unchanged. As a reminder, that requires: For most exempt categories, a minimum salary of $684 per week or $35,568 annually Highly compensated employees must...
What are Supplemental Unemployment Benefits?
Reductions in force are unavoidable in economic downturns, but are traditional severance packages the way to go? They can be a big hit to your company’s cash flow and are subject to payroll taxes. The tax-friendlier option, Supplement Unemployment Benefits plans (SUBS), can spread out costs and deliver the same value for the employee, too. How Do Supplemental Unemployment Benefits Plans Work? SUBs got popular in the ‘50s as a way to help workers in industries with cyclical employment patterns get a more steady income. SUBs were often fought for in collective bargaining agreements. They’re growing in popularity again across industries. Under a SUB plan, in the event of a Reduction in Force (RIF) or temporary unemployment due to training,...
Take Our HR Benchmarking Quizzes
Paycor's research shows that 75% of high-functioning HR teams spend their time on mastering key pillars of HR excellence. Want to know how your team stacks up against others? Take our benchmarking quizzes to find out and get customized action plans based on your results. Recruiting Benchmark Quiz Benefits Benchmark Quiz Labor Costs Benchmark Quiz People Management Benchmark Quiz Compliance Benchmark Quiz
COVID-19 ADA Requirements
UPDATE JUNE 22: Updated EEOC guidance states that “requiring antibody testing before allowing employees to re-enter the workplace is not allowed under the ADA”. What is the ADA? The Americans with Disabilities Act (ADA) is a federal law that provides protection to disabled workers. The ADA prohibits employers from discriminating against employees on the basis of a physical or mental disability. This legislation applies to any business with at least 15 employees and prohibits discrimination against those with disabilities in all aspects of employment. How does the Coronavirus pandemic impact ADA compliance? Short answer, we don’t know yet. The Americans with Disabilities Act (ADA): The Basics The ADA broadly prohibits discrimination in...
Webinar: Best Practices for Conducting Internal Investigations of Employee Misconduct
Employee misconduct is a top concern for many HR professionals. With more than 75,000 EEOC charges filed in 2018, employment litigation is the most popular type of lawsuit being filed in federal and state courts today. To avoid becoming a statistic you need to know and apply best practices for conducting internal investigations of alleged employee misconduct. Watch this webinar today and mitigate tomorrow’s risk. Speaker: Peter Newman Peter Newman is an experienced lawyer who practices in the areas of Employment Law and Litigation, Traditional Labor Law, Business Litigation, HR Consulting, Corporate Compliance, Risk Management, and Business Ethics. He is also an experienced workplace investigator and a well-received workplace trainer.In...
Labor Law Compliance Statistics - Infographic
In 2020, the Department of Labor (DOL) released stats on total violations and penalties that would make your head spin. With record numbers being recorded, many HR and finance leaders wondered if their organization was at risk for penalties and violations. Here are the labor law stats you need to know: Equal Employment Opportunity Commission (EEOC) Last year, more than 72,000 discrimination charges were filed with the EEOC.Here’s a breakdown of the most common discrimination charges last year: Race Sex Age National Origian Religion Disability 23,976 23,532 15,573 7,009 2,725 24,238 These numbers add up to more than 72,000 because some charges allege multiple bases.States with the most EEOC discrimination charges: Texas – 7,448 Florida...
Remote Work Equipment Checklist
Equipment for Working Remotely If any company is serious about remote work long-term, they need to make sure that employees have all the equipment they need to stay as productive as they were the workplace. The basic equipment required for working remotely might be obvious, but there’s a long list of additional tools to consider. Download Remote Work Equipment Checklist Providing Remote Work Equipment for Employees The Coronavirus public health emergency meant that many Americans suddenly found themselves unexpectedly working from home. With limited time to prepare, employees have often found themselves getting by with just a laptop and an internet connection. But for remote work to be sustainable long-term, businesses need to consider...
Paycheck Protection Program (PPP): Loan Forgiveness
UPDATE JUNE 22: The S.B.A. have released a new “borrower-friendly” loan forgiveness application form and have also created the simplified SBA Form 3508EZ for loan recipients who have not reduced the salaries or hours of employees by more than 25%.UPDATE June 05: This article has been updated to include changes in the loan forgiveness process specified in the Paycheck Protection Program Flexibility Act.The Paycheck Protection Program (PPP) has provided an essential lifeline to lucky businesses who were successful with their applications—and the good news is, these loans are forgivable. However, businesses can’t breathe easy yet. Business must first apply for loan forgiveness, provide documentation of spending and prove that the bulk of...Broker
How to Leave a PEO (Checklist)
Many smaller companies work with Professional Employer Organizations (PEOs) for human resource services and to give their employees access to health and retirement benefits, essentially “leasing” their workforce to the PEO. While it may sound ideal on the surface, once you dig a little deeper you may find a PEO doesn’t quite offer the HR and payroll solution you envisioned.Between limited options, hidden fees and lack of HR support, it might be time for your clients to move on from their PEO and bring HR and payroll in-house. Share the checklist below with your clients as a resource for them to ensure a smooth transition when leaving a PEO.
Webinar: COVID-19: What Ministries Need to Know
As Coronavirus spreads around the nation, many lawmakers are passing tax and compliance bills that directly affect ministries. That’s why Paycor and Concordia Plan Services are partnering to host a webinar, breaking down the latest COVID-19 regulations. Speaker: Arlene Baker Arlene Baker is a Sr Compliance Analyst with over 40 years of payroll and tax experience with 28 of those years at Paycor. Arlene is a member of the National Payroll Reporting Consortium focusing on IRS compliance and has been a member of the national and local APA for 25 years, serving on numerous Government committees.
Buyer's Guide To HCM And Payroll Technology
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Get ExpertiseWhat Compliance Means for Your Organization
Do you spend too much or too little time on compliance? The IRS estimates U.S. businesses spend a collective 2.8 billion hours a year on tax compliance alone. Add in the Department of Labor’s requirements for overtime and minimum wage as well as the Affordable Care Act’s tracking and reporting regulations and you’ve only just scratched the surface of compliance.
Naturally, being compliant is going to mean something different depending on the industry in which you work. Are you a medical facility who can’t allow licensing to lapse or perhaps a manufacturer with concerns about Occupational Safety and Health Administration (OSHA) law? What sort of training do you have in place to prevent employment discrimination and a subsequent EEOC lawsuit?
The right HR partner can offer your organization expert advice on how to mitigate compliance risk. Learn what potential violations should be on your radar and how to avoid them as well as how to maintain compliance through the employee lifecycle.