How to Determine an Employee's "Market Value"
    Picture of Aidan Farrish Aidan Farrish | December 19, 2023

    What Is “Market Value”? Simply put, market value is how much the market at large values something.

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    SECURE Act 2.0 Mandates Automatic Enrollment in 401(k)s & 403(b)s
    Picture of Aidan Farrish Aidan Farrish | December 13, 2023

    As an HR professional, you might act as the plan administrator for retirement benefits and work closely with a third-party administrator (TPA) to...

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    2024 ACA Compliance Updates: What You Need to Know
    Picture of Aidan Farrish Aidan Farrish | December 6, 2023

    Affordable Care Act (ACA) compliance can be tricky. In 2024, HR pros can expect lower affordability thresholds, which means increased attention to...

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    What You Need to Know About Beneficiaries
    Picture of Katie Shpak Katie Shpak | November 28, 2023

    What Is a Beneficiary? A beneficiary is an individual who is chosen to receive the benefits of property, typically in the event that the owner passes...

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    IRS Roundup: 2024 Tax Brackets, 401(k) Contributions, and FSA Limits
    Picture of Aidan Farrish Aidan Farrish | November 2, 2023

    The Internal Revenue Service, or IRS, regularly makes changes to adjust its regulations in response to inflation. But with inflation at or near...

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    What's the Difference Between Copays, Deductibles, Coinsurance, and Out-of-Pocket Maximums?
    Picture of Katie Shpak Katie Shpak | October 31, 2023

    Copays, deductibles, and coinsurance are all out-of-pocket expenses that represent the portion that an individual is required to pay either before or...

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    What Are the 4 Pillars of a Total Rewards Strategy?
    Picture of Aidan Farrish Aidan Farrish | October 26, 2023

    Have you ever worked for an employer that provided health insurance coverage? Or maybe you participate in an employer-sponsored program that promotes...

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    What States Have Pay Transparency Laws?
    Picture of Aidan Farrish Aidan Farrish | July 12, 2023

    **This blog is updated regularly as states or other jurisdictions pass new laws.** Many jurisdictions are passing laws to protect and enforce pay...

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    How to Calculate Overtime Pay: A Complete Guide
    Picture of Katie Shpak Katie Shpak | July 5, 2023

    Do you have hourly employees working beyond the standard 40-hour workweek? If so, understanding how to calculate overtime pay is crucial for...

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    Is Time Off for Federal Holidays Legally Required?
    Picture of Aidan Farrish Aidan Farrish | June 14, 2023

    There are many federal holidays, including Labor Day, Independence Day, Memorial Day, New Year’s Day, Christmas, Thanksgiving, and more. Many...

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