Join Rob and Jason in this HR Chat as they discuss the IRS announcement of increased HSA limits for 2024. Discover the triple tax savings of HSAs, the advantages over FSAs, and how they can help reduce premiums and assist in retirement planning. Don’t miss out on this valuable information!
If you need any help or guidance regarding HSAs or other HR-related matters, don’t hesitate to contact Employco. We’re here to help: hr@employco.com
Rick Fazio, Vice President of Sales at Employco, recently had an article featured in the July issue of Food Industry News magazine titled “Storytelling on Social Media: Engaging Customers, Boosting Revenue.” In the article, Rick shares practical strategies for utilizing social media platforms to their fullest potential in the restaurant industry.
Read the full piece here: Food Industry News
You can also check out Employco’s ad here.
Let us know if you have any questions or want more information; we’re here to help!
In this video, Rob and Jason take a look at recent guidance released by the EEOC regarding the use of AI in the workplace. They discuss the technical assistance bulletin, how employers are ultimately held responsible, what technology is being used, discrimination aspects, performance monitoring, promotions, and more. Employco is here to keep you informed and anticipate future changes in this dynamic field.
Questions? We’re here to help: hr@employco.com
In observance of the 4th of July holiday, our office will be closing early at 12pm on Monday, July 3rd, and will be closed for the day on Tuesday, July 4th. We will reopen during normal business hours on Wednesday, July 5th.
Recap:
Monday, July 3rd = Closing early at 12pm
Tuesday, July 4th = Closed for the day
Please contact us if you have any questions or special requests.
Thank you and have a safe and happy 4th!
Join Rob, Scott, and Jason on this month’s HR podcast as they discuss rising EEOC charges, employee burnout, and the impact of AI. They review the 20% surge in EEOC charges, key claims, pending cases, hearings, settlements, and practical tips for employers. They also delve into the causes of employee burnout, including heavy workloads and lack of support, while providing employer strategies like encouraging time-off and fostering a supportive work environment.
Contact us with any questions you may have or for future topic suggestions, we’re here to help: hr@employco.com
In this video, Rob and Jason dive into the latest updates regarding Form I-9 inspections. They discuss the recent news from the federal government, the relaxed rules during COVID, what you can expect moving forward, effective ways to handle remote employees, crucial dates to mark in your calendar, the reverification process, and more!
Questions? We’re here to help: hr@employco.com
Florida’s New Immigration Law Requires Employers to Use E-Verify: On May 11, 2023, Florida adopted an immigration bill, Senate Bill (SB) 1718. Among other things, this bill will require employers to use the federal E-Verify system (E-Verify) to confirm their employees’ eligibility to work in the United States. SB 1718 becomes effective on July 1, 2023. Read more: Florida Legal Update
Check out our PDF chart below for a list of upcoming minimum wage increases (click the image for the full report):
On May 16, 2023, the IRS released Revenue Procedure 2023-23 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2024. The IRS is required to publish these limits by June 1 of each year.
These limits include:
| 2024 | 2023 | |
|---|---|---|
| Contribution Limit (Individual) | $4,150 | $3,850 |
| Contribution Limit (Family) | $8,300 | $7,750 |
| Catch-up Contribution (Age 55+) | $1,000 | $1,000 |
| HDHP Minimum Deductible (Indiv) | $1,600 | $1,500 |
| HDHP Minimum Deductible (Fam) | $3,200 | $3,000 |
Contact us with any questions or needed guidance related to employee benefit plans.
The U.S. Equal Employment Opportunity Commission (EEOC) recently released technical assistance focusing on preventing discrimination against applicants and employees because of employers’ use of algorithmic decision-making tools when making employment decisions. The document explains how key aspects of Title VII of the Civil Rights Act (Title VII) apply to an employer’s automated systems, including those that incorporate artificial intelligence (AI).