Published October 2010 During times of economic downturn, many businesses increase their use of Independent Contractors (IC) to complete work and avoid the extra cost of an official employee. By hiring an IC, the business can avoid having to match federal and state withholding for taxes, Social Security and Medicare, unemployment benefits and any additional benefits […]
Published October 2010 BASIC is pleased to announce new technology for the administration of our BASIC HRA clients starting with their next renewal. The Enhancements Include: Support more powerful HRA plan designs Comply with MSP/CMS filing requirements for HRA plans Carrier integration for eligibility and claim processing Carrier and PBM integration for automated debit card […]
Published September 2010 Excessive or avoidable employee turnover results in a waste of time, resources, and added costs. While it can depend on the industry and business cycles, the impact is often especially hard on small businesses. Understanding what goes into the turnover costs and establishing helpful strategies are important steps for you to effectively […]
Published September 2010 Please choose the best answer. The correct answers are listed at the bottom of this quiz. Quiz Questions: 1 ) What form is used to obtain a Social Security number? A) Form SS-1 B) Form SS-5C) Form SS-8 D) Form W-4 E) Form W-11 2 ) Employers must report new hires within […]
Published September 2010 Authored by: Joe Aitchison, SPHR BASIC Vice President and Dave McDaniel BASIC Senior Client Advisor Employers having 50 or more employees are more at risk with regard to FMLA due to the ever expanding regulations at the State and Federal level. In addition, the Americans with Disability Act as Amended […]
Published August 2010 BASIC has recently received an Inc. 5000 award for being one of the fastest growing, privately-owned businesses in the country. This is the fourth consecutive year that BASIC has been awarded this honor. The Inc. 5000 list is the most comprehensive look at an important segment of the economy – businesses […]
Published August 2010 Please choose the best answer. The correct answers are listed at the bottom of this quiz. Quiz Questions: 1 ) True or False: An employee can take FMLA leave for a common cold or flu. A) False, under the new definitions it is unlikely that the conditions of a cold, flu, etc. […]
Published August 2010 Yesterday, the Obama Administration is announcing both new regulations to empower consumers to appeal decisions made by their health plans or insurance companies and the availability of resources that will be used to help give consumers more control of their health care decisions. These provisions of the Affordable Care Act will help […]
Published July 2010 Wage and Hour Division – June 22, 2010 On June 22, 2010, the U.S. Department of Labor (DOL) clarified the “son or daughter” definition under the Family and Medical Leave Act (FMLA) regarding non-military leave. The new interpretation grants leave rights to an individual providing a child with daily care or financial […]
Published July 2010 With the recent passage of the Healthcare Reform acts last March, many employers are not aware of a new provision amending parts of the federal Fair Labor Standards Act (FLSA) to establish employer breastfeeding accommodation requirements for employees who are nursing mothers. While more than 20 states already have existing laws in […]
