Department of Labor Releases Final Overtime Regulations
The Final Rule will:
Raise the salary threshold indicating eligibility from $455/week to $913 ($47,476 per year), ensuring protections to 4.2 million workers.
Automatically update the salary threshold every three years, based on wage growth over time, increasing predictability.
Raise the “highly compensated” threshold from $100,000 per year to $134,004.
The final rule will become effective on December 1, 2016, giving employers more than six months to prepare.
In addition, the final rule does not make any changes to the duties ...
AIS Can Help You Navigate the Difficult Healthcare Industry
A recent national Harris poll commissioned by Accolade, a healthcare concierge company, is shedding some light on the current healthcare system and how consumers feel about it. The numbers are a bit troubling. Participants were asked questions about how they would rate the ease of our current system, how confident they are in their knowledge of healthcare, and how they would rate their experience overall.
When rating the ease of the current healthcare marketplace, ...
So What Is The Cadillac Tax?
The “Cadillac Tax” refers to an annual excise tax on high-cost employer sponsored health insurance, but what does this actually mean? Below you will find the Anatomy of the Cadillac Tax that will walk you through what the Cadillac Tax actually means; What is the purpose of the Cadillac Tax, How is the tax calculated, who pays the Cadillac tax, and what is included in the tax.
Give AIS, Inc. a call today for any questions or concerns ...
AIS Is Attending the Agri-Marketing 2016 Confrence!
As a member of The National Agri-Marketing Association (the nation's largest association for professionals in marketing and agribusiness), Association Insurance Services, Inc. is excited to announce its attendance at the upcoming 2016 Agri-Marketing Conference. This year’s conference will be held in Kansas City at the Sheraton Kansas City Hotel, April 13th-15th. With over 1,200 professionals in attendance, the Agri-Marketing Conference promises to be an educational and successful event.
With strong ties to the marketing and agribusiness ...
When it comes to your simply added value of Human Resources Services it is important to do your do diligence. Be Careful Who You Partner With When It Comes To Your HR Benefits, because not all companies are created equal. For more information read this article, Zenefits CEO steps down over compliance issues, about how some companies are simply looking to take advantage of you and your business. Association Insurance Services Inc is proud to partner with HR Workplace Services to provide you a full ...
Legislative Update for the IRS in regard to a delay in ACA Reporting. IRS Extends ACA filing Deadlines
The IRS issued Notice 2016-4 earlier today extending the due date for furnishing to employees Form 1095-B, Health Coverage, and Form 1095-C, Employer Provided Health Insurance Offer and Coverage. The due date for furnishing information to employees moves from February 1, 2016 to March 31, 2016.
Notice 2016-4 extends the due date:
For furnishing to individuals with:
the 2015 Form 1095-B, Health Coverage,
the 2015 Form 1095-C, Employer-Provided ...
HR Workplace Services PACE Act Signed into Law on October 7, 2015
Employers who thought they may get relief from “small group” provisions of the Affordable Care Act (ACA) will not get such relief. On October 7, 2015 President Obama signed into law the Protecting Affordable Coverage for Employees (PACE) Act. Prior legislation would have expanded the definition of a small group from 2 – 50 employees to 2 – 100 employees. The PACE Act keeps the current definition of a small group as it is at ...
The growth of your company is always an exciting process. Hiring additional employees typically means your company is either about to add a lot of business or you already have!
Providing The HR Services Your Company Needs
Rapid expansion also means providing HR services to your new and existing staff. This can be a tricky process because finding the right person to provide these services to your company can be just as important as finding the next key hire to your company. Association ...
Welcome To Association Insurance Services Inc
If you are a small business with growing needs, then you might have realized how time-consuming it is to select and apply benefits for your employees. Recent healthcare and related legislation have made it increasingly difficult for both individuals and businesses to get the insurance and benefits they need. The options are limitless, which is why you need experts on your team to help you decide.
Quality Insurance Services
Whether you need help with the health care exchange ...