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Drive Employee Engagement During Difficult Times
It’s no secret that employee engagement is a massively important factor in driving employee performance. In fact, companies with highly engaged employees are 21% more profitable.
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Ways to Keep Payroll Running During Emergencies
Manual payroll can severely limit your business during an emergency such as a flood, fire, hurricane, or a situation such as the COVID-19 pandemic. Up to 60% of small businesses never recover from a disaster, according to the Federal Emergency Management Agency (FEMA).1 A great deal of time is spent every month administering payroll as well. Using cloud-based payroll software allows your organization to track employee hours, calculate overtime pay, set rates, and perform other tasks from anywhere.
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The Benefits of Storing Files Digitally
To be successful, any business must have an effective means to store data. Paper documents will pile up as your business grows, making storage costly and creating challenges in organizing and locating files when you need them quickly. Digital storage avoids the pitfalls of paper documentation; our cloud-based payroll/HR software avoids having cluttered filing cabinets, losing information, and making costly mistakes.
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What Is Payroll-Based Journal Reporting?
One of the critical areas of payroll reporting that healthcare management needs to understand is Payroll Based Journal (PBJ) Reporting. This type of reporting became mandatory under Section 6106 of the Affordable Care Act (ACA).
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How the Affordable Care Act Affects Payroll
The Affordable Care Act (ACA) can feel like something of a minefield for payroll administrators and employee benefits policymakers. To ensure payroll compliance according to the ACA, here are some payroll areas affected by the act that you need to know.
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Complying with the Affordable Care Act’s Payroll-Based Journal
Because many long-term care facilities in the U.S. were found to offer a low quality of care, it is now mandatory for all of these facilities to electronically submit their staffing data in the form of payroll-based journal or PBJ reports. In this post, we outline what information needs to be included to ensure compliance.
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