Welcome to the HCM Newsfeed—your real-time source for critical updates in HR, payroll, and compliance. Here, you’ll have access to quick, timely alerts on regulatory changes, labor laws, and industry updates to help you stay informed and compliant.
New York State is launching the Secure Choice Savings Program, a new retirement savings option designed to help private-sector employees save for the future. The program applies to employers that do not currently offer a qualified retirement plan. Under the law, all private-sector employers with 10 or more employees who have been in business for …
On Nov. 2, 2021, the state of New York amended its civil rights laws to require employers to disclose electronic monitoring activities to their employees and to require employee acknowledgment before monitoring can begin. The amendments will be effective on May 7, 2022. Affected Employers The amendments apply to private individuals, corporations, partnerships, firms, or …
New York recently passed the New York Health and Essential Rights Act (NY HERO Act), which requires employers to adopt an airborne infectious disease exposure prevention plan. It also gives employees the right to form employee-management safety committees. On September 6, 2021, Governor Kathy Hochul announced the designation of COVID-19 as an airborne infectious disease under …
President Joe Biden’s administration is continuing its efforts to curb the COVID-19 pandemic and the spread of the coronavirus Delta variant. On September 9, 2021, the White House ordered all federal workers and contractors to get vaccinated against COVID-19. Now, the government is imposing a similar requirement on private employers. The move is estimated to …
Earlier this year, New York lawmakers passed a comprehensive revamp of the State’s workplace health and safety laws, known as the HERO Act. The law is intended to “to protect employees against exposure and disease during a future airborne infectious disease outbreak.” WHAT’S REQUIRED: New York employers – regardless of size, industry, or location – …
Each year the Internal Revenue Service (IRS) reviews the limits for Health Savings Account (HSA) contributions as well as the minimum deductible and out-of-pocket maximums for High Deductible Health Plans (HDHPs). They consider criteria such as inflation and increases in HDHP deductibles and out-of-pocket limits. On May 16th, 2023, they released Revenue Procedure 2023-24, announcing …
The American Rescue Plan Act (ARPA), signed into law March 11, 2021, provides a 100% subsidy of premiums for employer-sponsored group health insurance continued under the Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA), and similar state continuation of coverage (mini-COBRA) programs. ARPA subsidies cover the full cost of COBRA or mini-COBRA premiums from April …
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