HCM Insights

Discover how CFOs, HR professionals, and risk managers cancollaborate to enhance operational efficiency, ensure workforce resilience, andunlock cost savings through strategic HRIS systems, engagement, and retentionstrategies.

Although creating a benefits package may seem daunting for small businesses, the right combination of perks can help your organization remain competitive by understanding and meeting your employees’ needs and wants.

What challenges, trends and opportunities are shaping the future of employer-sponsored health care? In this article, we explore ongoing issues and popular perks for 2024 and highlight key areas in which employers can get creative to cut costs and enhance employee retention this year.

Get the latest updates on the 2023 EEO-1 reporting requirements and deadlines. Learn about important dates, guidelines, and how to ensure compliance with the annual report.

The Internal Revenue Service (IRS) has issued Revenue Procedure 2024-14 providing the employer shared responsibility indexed penalty amounts for calendar year 2025.

ACA affordability percentage for the year 2024Stay up-to-date on ACA pay-or-play penalties for 2025.Learn about increased penalty amounts, employer healthcare costs, and how CBIZcan help with compliance.

Discover the benefits of implementing anemployee referral program, from saving time and money to improving employeeretention. Learn how to leverage your current staff for successful recruitmentefforts

“Gig” workers’ rules are changing under a recent DOL ruling. Learn the difference between classifying a worker as an employee or independent contractor.

The dynamics of the workforce, shaped by technological advancements, cultural shifts and global events, necessitate a profound reassessment of compensation strategies in 2024. Businesses must adapt to emerging trends, reconsider traditional approaches to performance-based compensation and embrace principles of equity and inclusion. Staying agile and knowledgeable on compensation-based developments is imperative to remain competitive and prosperous in the new year.

In December 2022, Congress passed the SECURE 2.0 Act of 2022 (SECURE 2.0) as a follow-up to the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. This legislation includes 92 provisions designed to make retirement more accessible and improve retirement outcomes for participants.

Employers contracting with the City and County of San Francisco to perform services or construct public improvements are subject to the Health Care Accountability Ordinance (HCAO).

Unlike the cities of Bloomington and St. Paul which aligned its Earned Sick and Safe Time Ordinance with state law, Duluth’s City Council has voted to repeal its Earned Sick and Safe Time Ordinance effective January 18, 2024.

The New York Health Care Reform law which has been in effect for many years, funds indigent care and medical provider education.

On January 12, 2024, the Oregon Employment Department issued final rules clarifying its procedures and criteria for implementing Paid Leave Oregon.

DC’s paid family leave (PFL) provides up to a max of 12 weeks of leave in a year for parental leave, family leave, or medical leave. On January 12, Mayor Muriel Bowser signed into law the Wage Transparency Omnibus Amendment Act of 2023 which amends the DC Wage Transparency Act of 2014.