Our goal at BenefitElect is to make benefits administration and employee data management simple and to give companies back their time and resources.
Adding team members to your company can be exciting. It is a sign of growth for the company, and when you find the right fit, new hires are a huge asset.
At the beginning of each year, businesses are responsible for sending W-2 forms to employees and contractors and gathering the data necessary for ACA reporting. Both of these tasks are required to ensure compliance.
In our last article, we took a closer look at what 2020 brought with regard to changes in employee benefits and business. The pandemic had businesses scrambling to adjust quickly to the abrupt changes in the workplace. Many of the trends are expected to continue, especially telehealth, increased mental health benefits, and work from home arrangements.