Prepping for Year-End Like the HR Pro You Are!
Year-end can sometimes sneak up on business owners and HR leaders, leaving them caught off guard and not quite prepared for everything that’s needed to close out the books and the year. But closing out the year well is a crucial part of most successful businesses. Keep reading for key tips and insights that can help you close out the year well.??
What to Read?
Tackling year-end payroll reporting can feel stressful and overwhelming, especially if you don't know where to start. And that stress can compound if you wait until the last few days of December to pull a year's worth of payroll data. This article provides an overview of what year-end reporting is as well as some tips to help you keep your head on straight during this crazy time of year.?
The implementation of the Affordable Care Act (ACA) in the United States has significantly altered the landscape of employer-provided healthcare. One of the most demanding aspects for employers are the requirements to gather, calculate, and track employee or ACA data to ensure compliance with the ACA's employer mandate. While these reports are due after year-end, compiling the data is often a year-end related task.??
In a perfect world, your employees would divide their vacations evenly throughout the year. But that's not the reality. Vacation and paid time off (PTO) are powerful parts of an employee's benefits package, and many employers use PTO as a way to differentiate themselves from the competition. Most workers focus their vacation scheduling during the same months, usually during the summer and at the end of the year during the holidays. Read this article for tips on handling complicate shift scheduling.?
What to Watch?
For many employers, the year-end reporting cycle can be quite overwhelming as they prepare for year-end compliance activities such as balancing tax accounts and preparing to distribute Forms W-2. In addition, employers continue to have to react to regulatory and legislative guidance updates. Keeping pace with all of these tasks -- while remaining compliant -- can be daunting. Stream the webcast on-demand to get critical insights on what’s new and what’s coming next from Washington DC and the states that affect employer responsibilities.?
What to Know?
Preparing for year-end is not just a necessity — it's a strategic opportunity to set your business up for success in the coming year. From streamlining payroll reporting to navigating tax planning and effectively managing vacation schedules, the insights and resources provided here are designed to help you tackle the challenges head-on.??
To stay ahead of the curve and keep receiving expert tips, legislative rollouts and workplace guidelines tailored for HR professionals like yourself, we invite you to subscribe to SPARK . And be sure to share this newsletter with your colleagues and peers who may be interested in staying informed on market trends and insights just like you.?
Sales And Marketing specialist at trade panel international limited.
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Attended Njala University
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Chargée RH et recrutement chez V.S.E.I ( Veolia Solution pour l’Energie et l’Industrie)
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