IRS Audits 1 In 4 Companies Over ACA Non-Compliance, According to Trusaic Research
Los Angeles, Calif., June 7, 2023 – While most employers say they believe they are fully compliant with the Affordable Care Act (ACA), approximately one in four have been audited by the Internal Revenue Service, according to new research from HR technology company Trusaic. Among the industries most at risk of receiving an ACA IRS…
Read MoreTrusaic Receives 2023 HR Tech Award For Best DEI-Enabling Solution
Lighthouse Research Awards Program Honors PayParity® Pay Equity Software Los Angeles, Calif., May 25, 2023 – Workplace equity technology company Trusaic was selected as a 2023 HR Tech Award winner for “Best DEI-Enabling Solution” in the Total Rewards and Employee Wellbeing category. The prestigious HR Tech Awards, powered by Lighthouse Research & Advisory, recognize Trusaic’s…
Read MoreOrganizations Underestimate The Scale Of ACA Penalty Risk
With the end of the IRS’s good faith period, it’s time for HR to sit down with the organization’s leadership team to have a short meeting, or possibly a long one, to assess the organization’s Affordable Care Act (ACA) liability risk.
Read MoreIRS Audits 1 In 4 Companies Over ACA Non-Compliance
Trusaic Research Finds Agriculture Industry at Higher Risk, According to Study Los Angeles, Calif., May 11, 2023 – While most employers say they believe they are fully compliant with the Affordable Care Act (ACA), approximately one in four have been audited by the Internal Revenue Service, according to new research from HR technology company Trusaic.…
Read MoreMegan Rapinoe, Senator Monique Limón and Trusaic Challenge CA Companies to Take the Equal Pay Pledge
California Employers Challenged To Commit To Equitable Pay Los Angeles, Calif., May 9, 2023 – While California has some of the country’s strongest equal pay laws, gender, and racial/ethnic wage gaps still exist in the state. This is why workplace equity technology company Trusaic has launched the Equal Pay Pledge Challenge with the help…
Read MoreConstruction Industry High Risk for ACA Penalties
Despite controversy and challenges, the ACA remains the most significant medical insurance overhaul in recent history. Its impact on construction industry healthcare has been notable for companies with 50+ employees. ALEs (applicable large employers) are liable for ACA penalties. Trades with a higher percentage of penalties are healthcare, restaurant, staffing, and the construction industry. ALE status can change annually.
Read MoreMore than half of surveyed companies find ACA compliance burdensome, new study shows
The study said that 53% of respondents said their ACA compliance requirement were overly burdensome, 21% said the requirement were somewhat burdensome. In a recent survey, more than 50% of company officials said compliance with Affordable Care Act (ACA) requirements is overly burdensome. More than half (55%) said employee misclassification is the most common potential…
Read MoreWhat makes a good office perk?
When companies tighten their belts, they look first to discretionary spending. Meta got rid of free laundry for its workers last year. In January Google announced a round of lay-offs that included 27 in-house massage therapists. Salesforce, another tech firm, has axed its contract with a Californian “wellness retreat”, where employees would have done God-knows-what…
Read MoreExposing Pay: Pay Transparency and What It Means for Employees, Employers, and Public Policy
In Exposing Pay, Peter Bamberger provides evidence-based insights into how pay communication policies and practices impact outcomes at individual, organizational, and societal levels. Bamberger reviews findings from the recent surge in pay transparency research to help employees, managers, and policymakers better understand when pay communication policies and practices might enhance organizational performance and address social…
Read MoreWhat Restaurants Should Know About ACA Penalties
Regardless of your organization’s composition, complying with the requirements of the ACA’s Employer Mandate can be challenging.
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