May 23, 2024 | COBRA, Compliance, Uncategorized
If you have at least 20 employees, you will most likely need to send out a COBRA notification at some point. COBRA is a legal act that was signed into law by President Ronald Reagan in 1985. The goal of the act was to provide employees with group health benefits if...
May 22, 2024 | Compliance, HR Management
On April 6, 2024, the Department of Labor (DOL) released a final ruling under the Fair Labor Standards Act (FLSA) about overtime regulations for exempt workers. While the regulation still has to undergo a comment period and potential lawsuits, it looks like these...
May 22, 2024 | COBRA, Compliance
What benefits must be covered under COBRA? More importantly, is COBRA required for small businesses? The Consolidated Omnibus Budget Reconciliation Act (COBRA) was signed into law by President Ronald Regan in 1985. While it has been almost 40 years since this act was...
May 21, 2024 | Compliance
FEDERAL UPDATES Federal Contractors: AAP Certification Reminder – Certification in the OFCCP portal is due by July 1, 2024. AI Guidance – As required by President Biden’s Executive Order 14110, OFCCP released new guidance for the use of artificial...
May 20, 2024 | Compliance, HR Management
If an employee is an executive, administrative, or professional employee, you are legally allowed to pay them a salary and not pay them overtime. The same thing is true for employees who are considered highly compensated employees (HCEs). Thanks to a finalized rule in...
May 20, 2024 | Benefits, Compliance, Podcast, Small Business
“COBRA is not the actual insurance, COBRA is the continuation of those rich group plans that you had.” In episode #101 of Mission to Grow, the Asure podcast that serves as small business owners’ guide to cash, compliance and the War for Talent, Operations...