Idilus HR Promotes Jorge Solis to President/COO and Matt Peterson to Senior VP of National Accounts
The Internal Revenue Service (IRS) issued Revenue Procedure 2018-34 to index the contribution percentages in 2019 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA).
Employer-sponsored coverage for the 2019 plan year will be considered affordable under the employer shared responsibility rules (“Employer Mandate”) if the employee’s required contribution for self-only coverage does not exceed 9.86 percent of the employee’s household income for the tax year.
The Employer Mandate of the Affordable Care Act (ACA) penalizes Applicable Large Employers (ALEs) who either do not offer coverage or do not offer coverage which meets minimum value and affordability standards. The tax penalties for the ALEs only apply if the full-time employee receives a subsidy for Marketplace coverage. Employees who are offered minimum value coverage that is affordable are not eligible for subsidies.
FOR IMMEDIATE RELEASE:
IdilusHR and American Human Resources Association Announce
First Annual Health Solutions Summit
As a result of skyrocketing insurance costs and decreased benefits, IdilusHR and the American Human Resources Association plan to change the way employers design health benefits. Both organizations will introduce metric-based plan designs at the first annual AHRA Health Solutions Summit on June 20th in Warrenville, Ill.
In the world of business, buzz words like employee retention, employee engagement, and company culture are thrown around at alarming rates. There is great debate as to whether any of the above listed concepts carry much meaning. What is employee retention? Company culture? These seemingly nebulous concepts all really amount to one thing: the way your people feel when they are at work. So, who sets the metrics on good company culture and employee retention? If you fail to set clear parameters when it comes to company culture, you may realize that employee retention is more difficult and find yourself with a mutiny on your hands.
Good company culture grows out of a few different places. Your staff must be like-minded, listened to, and also motivated to work on a common goal. The concept isn’t exactly nebulous, but it is difficult to foster a strong sense of what your business does, what your business means, and how your employees specifically play into the ‘doing’ and ‘meaning’ of your business. You can help build a strong company culture by doing the following:
Before you start to read this article, we encourage you do some research on the startup lifestyle. It is a well agreed upon fact that starting, building, funding, and growing a startup or small business is intensely difficult. In fact, many sources suggest that at minimum, building a successful startup can require its people to work somewhere between seventy and one hundred hours a week for the first three to five years of a new company. If your startup is one of the few that has actually succeeded, you may find that you are still working around the clock to keep your vision alive. We list these facts and figures not to scare you or to deter you from chasing the entrepreneurial dream. We just want to ask one simple question: What if there were an easier way? Continue reading
Let’s take a moment and do some simple math. The average employee is employed to work 40 hours a week from Monday to Friday. While that may seem like a simple 9am-5pm workweek, most employers have their people come in at 8:00am in order to accommodate for lunch breaks. According to the American Census Bureau, the average work commute is 26 minutes, and let’s give the average person 40 minutes to get ready for work in the morning. If you add all those things together: 40 mins for getting ready + 26 minute commute + 540 minute workday (including lunch) + 26 minute commute home = 632 minutes or 10.5 hours a day that the average person spends in or around work. If you get the doctor recommended eight hours of sleep a night, that leaves six out of the twenty-four hours in a work day that you have to spend with your family, friends, and loved ones. Most people spend over 60% of their lives in their place of work. That is an intense realization to have. Continue reading
If you’ve been following the blog these past few weeks, you know that we’ve been focusing on employee health and wellness with wild abandon. Why are we doing this? Because the health, wellness, and general well-being of your staff is important to you and your business. On average, people spend more time at their place of work than they do at home with their own families. A massive value add to traditional benefits packages can be a comprehensive wellness program.
Whether it be a traditional nine-to-five workday or a more flex schedule, employees all have one thing in common: they get hungry.
It’s officially 2018 and we are excited. The new year always seems like a fresh start, even if it is freezing cold outside. While you are busy making your own personal resolutions (that we hope you will keep), why not consider making some for your employees as well? A few years ago, ‘sitting is the new smoking,’ was a phrase you would hear everywhere. We would like to encourage you to not allow your employees to be sedentary all year long, but use some (or all) of these eight way to get your employees moving. Continue reading
The New Year has just kicked off and we hope everyone had a safe and happy holiday season. If you’re anything like us, you have already started your New Year’s resolutions and are two days strong, or two days failed. Either way, we reserve no judgement on whether or not you have been able to give up carbs. What we do encourage you to resolve to do in the New Year is consider your employees and their health. Continue reading