Compliance Archives - Innovo Benefits Group

2024 Year-End Checklist for HR Professionals

Eric Gulko — Thu, 17 Oct 2024 12:00:45 +0000

From benefit plan updates to employee documentation, it’s critical to manage a number of policies, procedures, and guidelines to avoid penalties and set the stage for a smooth transition into a new year.

The post 2024 Year-End Checklist for HR Professionals appeared first on Innovo Benefits Group.

HR Corner: Hiring? Interview Dos and Don’ts for Employers

Eric Gulko — Wed, 25 Sep 2024 17:46:16 +0000

Conducting effective and lawful job interviews is crucial for employers aiming to hire the best candidates. A well-managed interview process not only ensures fairness but also provides valuable insights into each candidate’s suitability for the role.

The post HR Corner: Hiring? Interview Dos and Don’ts for Employers appeared first on Innovo Benefits Group.

Understanding Healthcare Coverage for Dependent Children

Eric Gulko — Mon, 12 Aug 2024 17:15:49 +0000

Employees want to work for an organization where they know their children will be adequately covered and cared for throughout their life stages.

The post Understanding Healthcare Coverage for Dependent Children appeared first on Innovo Benefits Group.

HR Corner: The Role of Pay Transparency in Building a Culture of Trust and Equity

Eric Gulko — Mon, 24 Jun 2024 20:07:07 +0000

Pay Transparency can range from disclosing salary ranges for specific roles to publishing the full details of everyone’s pay within an organization.

The post HR Corner: The Role of Pay Transparency in Building a Culture of Trust and Equity appeared first on Innovo Benefits Group.

HR Corner: How to Draft Employee Policies and Procedures

Eric Gulko — Mon, 08 Apr 2024 19:51:53 +0000

Employment policies and procedures are essential in providing standard frameworks for the employer and employees in the workplace.

The post HR Corner: How to Draft Employee Policies and Procedures appeared first on Innovo Benefits Group.

Increased Limits for HSAs, FSAs, and HDHPs Coming in 2024 — What You Need to Know

Eric Gulko — Tue, 26 Dec 2023 20:38:17 +0000

The Internal Revenue Service has established increased limits in 2024 for health savings accounts and employee benefits plans, and for benefits professionals, it’s important to prepare for these changes as we enter a new year. These increased limits present more opportunities for employees to maximize their healthcare savings in 2024.

The post Increased Limits for HSAs, FSAs, and HDHPs Coming in 2024 — What You Need to Know appeared first on Innovo Benefits Group.

Why an End-of-the-Year Checklist is Essential for HR Professionals

Eric Gulko — Tue, 21 Nov 2023 17:11:31 +0000

It's especially important for human resources professionals to make sure that all compliance-related matters have been addressed and that any loose ends are tied up before the start of the new year.

The post Why an End-of-the-Year Checklist is Essential for HR Professionals appeared first on Innovo Benefits Group.

ACA Pay or Play Penalties Increase for 2024: HR Professionals Take Note

Eric Gulko — Thu, 19 Oct 2023 15:56:38 +0000

Earlier this year, the IRS announced 2024 employer mandate penalties that apply to all employers with 50 or more employees — otherwise known as applicable large employers (ALE). If you’re a human resources professional at an ALE, it is essential for you to understand these penalties and how they could impact your workplace.

The post ACA Pay or Play Penalties Increase for 2024: HR Professionals Take Note appeared first on Innovo Benefits Group.