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 work-place.

Table of Content

1. Laying the Foundation for a Functional Incentive Plan
2. Imposing Health Care Plan Waiting Periods on Rehired Employees
3. COBRA Fraud: When an Employer Can Terminate Early
4. Protect Retirement Plan Fiduciaries Through Training, Insurance.

Laying the Foundation for a Functional Incentive PlanEmployee incentive plans can be among the most meaningful benefits that an employer can offer. This is because participants receive awards tied directly to their professional accomplishments or their organization’s success. Continue reading.

Imposing Health Care Plan Waiting Periods on Rehired EmployeesIt’s not uncommon for employers in some industries and localities to occasionally rehire a previously terminated employee. Should such a situation occur, you may wonder how to properly handle the waiting period typically imposed on new hires preceding their eligibility for health care benefits. The answer depends on the status of your organization under the Affordable Care Act (ACA). Continue reading.

COBRA Fraud: When an Employer Can Terminate Early

Employers with 20 or more employees are generally required to offer continuing health care coverage to departing staff members. This is commonly referred to as “COBRA” after the legislation that made it law: the Consolidated Omnibus Budget Reconciliation Act of 1985. Continue reading.

Protect Retirement Plan Fiduciaries Through Training, Insurance.

When an employer decides to sponsor a retirement plan for employees, it takes on great responsibility. Anyone who exercises discretionary authority over any vital facet of plan operations likely will be considered a plan fiduciary. In turn, these individuals face a significant risk of liability if anything goes seriously wrong with the plan. Continue reading.

We look forward to helping you FOCUS on your business.

Sincerely,

Your FocusPay Solutions Team