When a company adds a new hire, it is often marked with excitement. Choosing a new team member after a long hiring process is often a sign of achievement, indicating the company is growing.
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.