Author Archives: CorpStrat News

5 Reasons to Love Electronic Enrollment

Are you looking for a benefits and HR solution that can help your employees make better decisions, conduct faster enrollments, and make changes on the fly with 24/7 access?

If your answer is yes, then it’s time to take your employee benefits enrollment paperless. There has been a large shift by employers away from paper and towards paperless benefit enrollment systems, but with the events of 2020, this has accelerated tremendously. Going paperless can sound daunting but we’ve found a way to make it hassle-free and mobile-friendly with a software that makes online enrollment easy. Let’s talk about online enrollment.

1. It Helps Ensure Your Employees Have a Flawless First Day

No more wasting hours collating, auditing, scanning, and filing paper forms for every new hire. Also, no more burying Employees in a mountain of paperwork the second they start. Electronic enrollment makes it easy. All you need to do is enter the new employees’ information and in just a few minutes, new hires can complete their forms and set up direct deposit forms, all online.

2. It Simplifies Enrollment for Everyone

Tired of manually determining eligibility or having to distribute stacks of brochures to help employees understand and compare plan details? With electronic enrollment, simply send employees a unique login for their company benefits account and they can log in to make selections. Once logged in, they’ll be able to browse just the benefits they’re eligible for and calculate the cost per pay period.

3. It Makes Benefits Elections Easier Than Ever

During enrollment, if chasing down and auditing paper forms or decoding illegible handwriting is taking up a bulk of your time, something’s got to give. Not only are you left frustrated and overwhelmed, employees might be unsure if they’ve made a good decision. Electronic enrollment brings it all online so there’s no confusion and employees are empowered to make good benefits decisions because they can easily comparing options and plans.

4. It Gives Employees Easy Access

When you use electronic enrollment, employees get 24/7 access to their benefits information and makes it easy to update information on the fly. This means no more dealing with lost ID cards or billing problems, they can access all their information year-round via the desktop or mobile app.

5. It Offers Robust Reporting and Metrics

For many HR teams, building reports and graphs across multiple excel sheets with different deliverables to different teams is the bane of their existence. Electronic enrollment lets you automatically generate and view standard reports, and empowers you to create custom reports for plans, enrollment summaries, beneficiaries, and more!

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Interested in switching to electronic enrollment? Let’s talk. Give us a call at (818) 377-7260 or email us at marketing@www.corpstrat.com?

Everything You Need to Know About California’s Sexual Harassment Training Laws

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On September 30th, 2018, California enacted a series of laws that strengthened the state’s protections against workplace harassment. California previously required employers with 50+ employees to complete required training every other year. This has changed and the deadline to complete the training is fast approaching. Read on to learn more.

What are the requirements?

Starting January 1st, 2021 the new law:

Requires employers with five or more employees in the state to provide sexual harassment prevention training to all employees.
Expands and clarifies employer liability for workplace harassment
Prohibits employers from entering certain agreements related to sexual harassment and other unlawful acts in the workplace.

How does this affect me?

All California employers should become familiar with the laws and ensure that each of their employees receive the required training. Sexual Harassment Training is required within six months of when each employee assumes a position. Employers must provide the initial training after January 1st, 2019.

What does this mean for temporary employees?

There are also requirements for seasonal and temporary employees. For these employees, the employers must provide the required training within 30 calendar days after the employees’ hire date or before the employee has worked 100 hours, whichever comes first. These rules went into effect on January 1st, 2021.

What is the expanded employer liability for workplace harassment?

Employers may also be held liable for nonemployees’ acts of any type of unlawful workplace harassment. An employer may be held liable if:

A nonemployee commits harassment against any of the employers’ employees, applicants, unpaid interns, unpaid volunteers or people providing services pursuant to a contract in the workplace.
The employer knows or should have known of the conduct
The employer fails to take immediate and appropriate corrective action.

Make sure you’re up to date with all the requirements so your company remains compliant. Sign up for CorpStrat’s Sexual Harassment Training today!

At CorpStrat, we offer affordable Sexual Harassment Training for every company size, from 3-300+. If you’re interested, let’s talk! Call us at (818) 377- 7260 or email us at marketing@corpstrat.com.

3 Things That Set Us Apart

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At CorpStrat, we’re not just insurance brokers, we’re business advisors with extensive knowledge in Payroll, Employee Benefits, and Human Resources. We want to become your go-to advisors and we’re in it for the long haul — we’ll help you find and maintain state-of-the-art HR and Workforce solutions, tailor-made for your company. We promise to always go the extra mile for you and your business.

<< Click to download our Capabilities White Paper to learn more about the CorpStrat Experience. >>

Here are three key things that set us apart:

1. We Think Differently

We’re all about tackling old problems with new approaches. From creative tax planning ideas to out-of-the-box Benefits solutions, we’re always going to push the limits of the industry standard. We think that complacency in our industry absolutely means money down the drain. We work hard every day to find the best possible solutions for our clients, we don’t settle for anything less than the apex of both quality and value.

2. We Simplify the Complex

Human Capital and Benefits management is a layered and complex business. We’re fortunate to have a team with a variety of strengths that can help you no matter the issue. Our experts will always take the time to explain things plainly and transparently. If anything goes over your head, we get it, it’s a confusing business. We’ll loop back together until things are clear. We promise we’ll always be available to you. This means you’ll never get stuck with 800 numbers, instead you’ll always reach a team member that knows your name and everything about your business. We’ll work tirelessly to take care of the nitty gritty so you can focus on running your business.

3. We’re Multidisciplined

We don’t just think of solutions for specific aspects of your business, we consider your business as a whole. Our team of experts have specialties ranging from time and attendance to insurance to employee benefits to compliance—no matter what it is, we’ve got you covered. This means no more piecemeal hires, you’ve got a full house at the ready to help you no matter what the issue happens to be. Also, we’re not in it for the short term, we want to be your long-term partners and we truly view your success as our success.

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We’d love to help you. Contact us today and schedule a FREE consultation.

When Recruiting Meets Tech—A Perfect Partnership

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65% of candidates say they never, or rarely, receive notice about their application. It’s easy to see how this can occur, especially if HR teams aren’t set up with technology that helps them streamline and automate their workflow.

Successful recruitment is about more than blasting a job listing and expecting a bevy of qualified candidates. It’s about utilizing current technology to make your recruitment workflow easier for your HR team and seamless for the candidates. That’s why we love Workforce Ready’s built-in applicant tracking. Standalone applicant tracking apps can quickly lead to errors and duplicate information. With Workforce Ready’s applicant tracking, everything is in the same database which improves the candidate experience, eliminates data transfer error, reduces time to hire, and allows you to attract and nurture the right candidates for the position.

Once you’ve attracted applicants from various channels, you want to make sure it’s easy for them to intuitively find and apply for the jobs that are right for them. Remember, you want your job portal to be technologically advanced and imbued with marketing savvy. Workforce Ready allows you to set up a job portal that:

1. Is Embedded & Branded

Align the look and feel of your career site with your company branding — this helps reinforce your company values and establishes brand authority.

2. Is Mobile-friendly and Responsive

86% of active candidates use their smartphones to begin a job search. This is why it’s important to create your portal using responsive design so it can be viewed on all types of devices, including mobile.

3. Able to Filter Applicants

It’s important for you and the applicants you’re considering to know quickly when something’s not the right fit. This lets applicants move on to the next opportunity and lets you focus your efforts.

4. Tracks Candidate Progress

With automated process tracking, you can view the stage each candidate is at, understand if the processes have stalled, and respond quickly to get things back on track.

5. Automates the Hiring Lifecycle

Define the phases you want your candidates to go through and how long you want each of these phases to take, then build the infrastructure for them into your HCM platform using checklists, automated actions you can assign, and notification workflows to make sure the right people are in on the right conversations

6. Communicates Consistently with Candidates

Set up touch points that keep your candidates informed at every stage of the application process, so they don’t start exploring other options. Use automation to keep your communications timely and reduce the manual overhead.

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Want to learn more about our Workforce Ready workforce management platform? Schedule a call with us today!

SBA and Treasury Simplify Forgiveness for PPP Loans Under $50K

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On October 8th, the U.S. Treasury Department issued new rules simplifying forgiveness for businesses who took out PPP loans of $50K or less. Back in March, Congress passed the CARES Act, which established the Paycheck Protection Program (PPP), an SBA loan designed to help small businesses maintain their workforce during the COVID-19 crisis. It offered SBA-backed loans that could be forgiven as long as the business met conditions such as retaining full-time employees for eight weeks and using a minimum of 60% of the loan towards payroll costs. However, a number of amendments and seemingly conflicting rules have left many business owners confused about how to go about getting their loans forgiven.

Prior to last week, no loan forgiveness applications were being approved by the SBA. This past Thursday night, a new forgiveness application, Form 3508S, and a new Interim Final Rule regarding loan forgiveness was unveiled.

What this means:

The SBA and the Treasury Department intends that this new application will simplify the forgiveness and loan review process. Under the new rule, PPP borrowers of $50,000 or less won’t have the amount of their loan forgiveness reduced based on reductions in full-time-equivalents or reductions in employee salary or wages. This means that borrowers who received small PPP loans likely won’t be penalized for laying off staff members or cutting employee hours due to financial hardship. The changes are estimated to cover approximately 9 million forgiveness applications. It should be noted that even with the new rule, borrowers are still required to provide additional information to the lender, certify how it’s reviewed, and calculate their payroll and non-payroll costs .

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Have questions about your PPP Loan Forgiveness? Call us at (818) 377-7260 or email us at marketing@www.corpstrat.com