Keeping in compliance with the Affordable Care Act (ACA) does not have to be difficult for HR administrations. Human resource professionals can employ technology to track employee benefits and data to make an informed choice about hiring new workers without accruing penalties under the act.
Employers are increasingly trying to cut costs before ACA goes into effect. HR Morning, an online human resources site, suggests companies integrate employee data from finances and HR into a manageable platform to evaluate benefits costs. Accounting and human resources work together often, so aligning the two presents a significant value for companies.
Legal definitions regarding what designates part-time and full-time are underway in Congress, but HR can keep track of employees through using HR technology. Being proactive is key to staying within healthcare regulations and avoid having to pay out penalties.
Employers should look into implementing healthcare reform plans into their employee benefits administrations through aligning payrolling and HR. Amassing employee data beforehand in an accessible platform can help human resource departments stay in compliance with regulations.
