Hi from all of us at Machen McChesney,
At FocusPay Solutions, we are committed to providing you with quality service and solutions that help simplify your process, allowing you to......run your business.
Here you will find regular tips to help your organization be a more productive and efficient workplace.
Table of Content
- Monitoring Your Employees' Productivity
- Earned Wage Access: What's the Story?
- Inflation Enhances the 2025 Amounts for Health Savings Accounts
Monitoring Your Employees' Productivity
Worker productivity has been in the headlines recently. One reason is the easy access employers have to the many technologies that can monitor employees — from software that tracks when an employee swipes their badge at work to software that notes how long someone is at their computer and what they do while they are there. Another is a certain manifesting distrust of workers, particularly the increased numbers of remote workers. Either way, there's impetus for employers to actively watch what their employees are doing. Continue reading.
Earned Wage Access: What's the Story?
On the surface, earned wage access is a simple, effective employee benefit; for a small fee — typically less than $5.00 per transaction — employees can access a portion of their paycheck before their actual payday. Many workers have minimal savings in the event of an emergency, and EWA can be a far less expensive alternative to high-interest payday loans. Continue reading.
Inflation Enhances the 2025 Amounts for Health Savings Accounts
The IRS recently released guidance providing the 2025 inflation-adjusted amounts for Health Savings Accounts (HSAs). These amounts are adjusted each year, based on inflation, and the adjustments are announced earlier in the year than other inflation-adjusted amounts, which allows employers to get ready for the next year. Continue reading.