Less Than 100 Days Left to Comply with NYS Training Law, ICHRAs, and More
New York Employers Have Less Than 100 Days to Provide Anti-Harassment Training
By October 9, 2019, all New York State employers, regardless of size, are required to provide Sexual Harassment Prevention & Awareness Training to their employees.
JD Supra further qualifies this requirement, noting “the training must be interactive, provided annually in the language spoken by employees, and counted as regular work hours”.
For more information about this training requirement, please click here.
IRS Releases Individual Coverage Health Reimbursement Arrangements
Effective January 1, 2020, employers who do not offer group medical coverage will be able to fund “a new kind of health reimbursement arrangement” (HRA), which will be known as an individual coverage HRA (ICHRA).
The Society for Human Resource Management (SHRM) reports that “using an individual coverage HRA, employers will be able to provide their workers and their workers’ families with tax-preferred funds pay all or a portion of the cost of coverage that workers purchase on the individual market”.
SHRM further notes that businesses of all sizes are permitted to offer traditional group-health plans or ICHRAs, “but may not offer employees a choice between the two”.
For access to the full article, please click here.
Need for Effective Employee Offboarding Increases with Record High Employee Resignations
As organizations continue to experience record high voluntary employee turnover, experts encourage employers to adopt high impact offboarding strategies to “manage the resignation tsunami”.
The Association for Talent Development (ATD) outlines the top ten benefits of implementing an impactful offboarding process. These benefits include identifying toxic work environments, ensuring access to knowledge retained by exiting employees, and reducing future turnover.
To view the full list of employee offboarding benefits outlined by the ATD, please click here.
As War for Talent Continues, Employers Turn to Inaccurate Job Postings to Lure Workers. Spoiler Alert: It’s Not Working.
A recent survey conducted by job board ZipRecruiter has found that 58 percent of American job seekers “have applied for a position based on an inaccurate description”.
The USA Today further reports that in a job market with more open positions than candidates to fill them, companies are overselling roles by inflating titles or failing to mention the full scope of the position.
The survey results do indicate that these methods are backfiring, as 30 percent of those surveyed reported “leaving a job within the first 90 days, with nearly half saying the day-to-day role was not what they expected”.
To view the whole article and survey results, please click here.
CT: Minimum Wage Increase Effective 10/1/19
Connecticut Governor Ned Lamont has signed legislation raising Connecticut’s minimum wage to $11 per hour effective October 1, 2019.
The legislation also increases the minimum wage gradually over a four-year period from the current $10.10 per hour to $15 per hour by 2023.
For more details, please click here.