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Social Security Benefit Increase for 2015

Social Security Benefit Increase for 2015

Oct 22, 2014 | GTM Business Blog isolved

The Social Security Administration announced today a 1.7% Social Security benefit increase for 2015. From the Social Security Administration’s press release: Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 64 million Americans will...
Affordable Care Act Upcoming Deadlines

Affordable Care Act Upcoming Deadlines

Oct 20, 2014 | GTM Business Blog HCM

Just around the corner is an immediate Affordable Care Act upcoming deadline – November 5, 2014. Fortunately that is not a difficult one to fulfill. The requirement is to get a “health plan identifier number,” or HPID. Small plans — those...
Additional Compensation for Exempt Employees

Additional Compensation for Exempt Employees

Oct 8, 2014 | GTM Business Blog isolved

Is it permissible to pay additional compensation for exempt employees without jeopardizing an employee’s exemption status? The Fair Labor Standards Act (FLSA) allows employers to compensate exempt employees with additional compensation (beyond the employee’s regular...
Employer Mandate Penalty: How to Avoid it

Employer Mandate Penalty: How to Avoid it

Oct 1, 2014 | GTM Business Blog HCM

The Employer Mandate (also known as the Employer Shared Responsibility Payment) is the Health Care Reform provision that requires all employers with 50 or more full time equivalent employees to offer a certain level of health insurance coverage at an affordable rate...
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