HCM Insights

HCM Insights

Memorial Day - Monday, May 27, 2024

flagIn observance of Memorial Day, CBIZ HCM offices will be closed on Monday, May 27, 2024. Memorial Day is a Federal Reserve Bank Holiday, which means payroll draft dates may need to be adjusted.

News You Can Use

The Internal Revenue Service (IRS) announced a 1.5 cent per mile increase in the standard mileage rate for the tax year 2024.
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.
Balancing quality talent and fair compensation often requires specialized expertise, leading many organizations to consult compensation experts. But what exactly do they do, and why consider their services?

For not-for-profits to navigate turbulent waters and safeguard their future, understanding the mechanics of threats, recognizing their heightened risk and adopting robust defensive measures is essential.

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.
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.
Learn how to conduct employee background checks in compliance with the Fair Credit Reporting Act (FCRA). Our guide covers obtaining consent, proper disclosure, adverse action procedures, secure data disposal, and avoiding discrimination.
Explore the 2024 updates to the Fair Labor Standards Act's overtime rule, including increased salary thresholds and compliance tips for employers. Understand the impact on workers and businesses and how to adapt.
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.

In Your State

Franchise Tax Refund Legislation passed in Tennessee could mean money back for your business. Explore the refund process and secure what you're owed by November 2024.

Washington Saves, a state-facilitated auto-IRA program is signed into law by Governor Inslee on March 28, 2024.
The Illinois Day and Temporary Labor Services Act provides that, as of April 1, 2024, previously August 4, 2023, day and temporary labor service agencies must pay day and temporary laborers who work for a third-party client for 90 calendar days or more, at the least the same wages and benefits as an equivalent employee directly hired by the third-party employer at the same worksite.
As of January 1, 2024, California’s Healthy Workplaces/Healthy Families Act requires employers to provide employees at least 40 hours/5 days of paid sick leave per year, up from 24 hours/3 days in previous years. See prior Benefit Beat article here.
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).

Need help keeping Labor Law Posters Up-To-Date with Changes? We can help.


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