Posted by Brandi Bowers on April 1, 2019 in Newsletters
Dear Valued Clients and Associates, I am very excited that the warm weather is starting to make its way into the area! My fig tree already has around 20 figs, daffodils and tulips are popping up everywhere and my chickens are so happy with all the worms and insects the rain is bringing to the surface for them. What’s more exciting than the arrival of spring? The clients we have been able to help, already this year, by creating benefit offerings that align with their goals and save them money off their bottom line! I am incredibly grateful for the opportunities I have been given so far in 2019 and to you for your support. If we haven’t had the opportunity to meet yet, let’s get a time on the calendar… Who knows, maybe we will be able to help your organization too! Give me a call or contact...
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Posted by Brandi Bowers on March 5, 2019 in Human Resources
Leave Laws and Affected Employers Are Expanding in New Jersey By Maggie Johnson New Jersey Governor Phil Murphy continues to place his mark on state employment law, making life somewhat easier for working families. It wasn’t long ago that New Jersey employers had to become familiar and comply with the New Jersey Earned Sick and Safe Days Act. Here comes the next phase! On February 19, 2019, amendments to the New Jersey Family Leave and SAFE Acts were signed into law and shall become effective on June 30, 2019. In addition, changes were made to New Jersey’s Family Leave Insurance legislation, which are effective on July 1, 2020. However, be aware that there are also new requirements under the provisions of the aforementioned amended laws that employers must comply with now. These amendments will significantly expand the benefits afforded to New Jersey workers, and provide them with...
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Posted by Brandi Bowers on March 1, 2019 in Newsletters
Dear Valued Clients and Associates, March is all about the luck of the Irish, but you don’t have to be Irish to be lucky with PF Compass. What makes our clients so lucky? Dedicated in-house client service rep In-house claims adjudication for you and your employees – for your employees to have someone to call when they have claims or benefit coverage questions so you don’t have to walk the tight rope of HIPAA compliance Free COBRA and HRA administration Free Bene Administration technology (integration available with some payroll platforms such as Paylocity and ADP) Carrier Agnostic – We work with all Carriers to find the benefits package right for your organization 3 Hours HR Consultation Free for new clients and HR tools to maintain compliance Benefit Education Meetings at your location during Open Enrollment – we will educate your employees on how to best utilize their benefits to...
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Posted by Brandi Bowers on February 7, 2019 in Human Resources
Thoughts on RIFs and Lay Offs By Maggie Johnson It’s said that employees are an organization’s most valuable asset. A stable workforce creates a workplace with no paranoia of job loss, high employee morale, increased knowledge and job skills, and higher productivity. Often, a company that has been recognized as a Best Place to Work has a stable workforce. A stable workforce shows the leadership’s effective strategic planning. I met a CEO of a well- known New York-based, international financial services firm who told me that in more than 30 years of business, his company has never laid off an employee. He explained that this has been due to in-depth and far-sighted business and workforce planning, with consideration for possible changes and dips in market conditions. As such, his workforce doesn’t fluctuate. New positions are added when planned, consistent business growth levels are reached. At a conference,...
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Posted by Brandi Bowers on February 1, 2019 in Newsletters
Dear Valued Clients and Associates, Did you set a New Year’s Resolution? How’s it going? Maybe your resolution was to double and triple check how compliant your organization is? This month I want to talk a little bit about compliance regarding POP/Section 125. If you are not familiar with what this is, POP stands for Premium Only Plan which is a way for employees to pay for their benefits with pretax dollars. Here are some things to consider: Are you an LLC, S Corp or Partnership and contributing to your POP plan? If you are, there is reason for concern. Is your POP discriminatory?? Do you have a written POP doc? When was the last time it was updated? Do your employees reenroll prior to the beginning of each year? Does your document allow rollover? Is it part of your onboarding process for new employees? All these issues could...
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