Category Archives: Compliance

Recruiting Made Easier with CorpStrat

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Hiring qualified, top-level candidates takes much longer than many organizations would like it to, especially with the population of job posting boards on the internet – how do you manage your time? As your company grows, your recruiting overhead increases alongside it. How do growing organizations keep these costs in check?

With CorpStratHR, you can collect data that will help you understand the applicant landscape and make more efficient hiring decisions. Here’s how:

Simplified Job Posting

Save time you used to spend posting to job boards and make the most of your day. CorpStrat HR creates an out-of-the-box application portal which can be connected to hundreds of job posting sites, allowing your recruiters to attract as many candidates as possible!

Ziprecruiter Boost

Along with our many job board integrations, a new connection with Ziprecruiter Boost allows recruiters to reach potential applicants’ inboxes through Ziprecruiter’s job alert email notifications. Get applicants who aren’t actively looking!

Digital Applicant Interviews

In the era of ‘1-click apply!’ your recruiters can be hit with a tidal wave of unqualified applicants. Keyword-based application filtering can mean that you miss out on qualified candidates who did apply for the position, that you didn’t see.

Digital interviewing allows recruiters and hiring managers to ask more in-depth questions about the applicant’s background and know-how, without the time required to perform a phone screen.

Applicant Referral Tracking

With time, your hiring decisions and applicant screening will provide insight into what job posting platforms are the most successful for your organization, and how you best reach qualified applicants. With this information, you can focus your recruiting efforts in the direction that brings you the highest success rate, saving your recruiting and hiring teams even more time, and reducing job posting costs!

Built-In Background Checks

If you are hiring for a position that requires handling sensitive data or working with vulnerable populations, a background check is a great way to get insight about a candidate’s history and risk level. Our partnership with Aurico Reports means that background checks are simple to carry out, and fully integrated with your applicants’ data.

Simple Email Templates

When you find the right candidate, you want to make a good first impression! With CorpStrat HR’s email templates, recruiters can send informative, branded template emails that look great and save everyone the work of copying over a form letter.

If your organization is struggling to keep up with the investment involved in making smart hires, call us today. We’ll set you up with a demo that answers your questions about how to equip your business to recruit and manage your employees the 21st century way!

How can HR Technology Streamline ACA Reporting?

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In past posts, we have discussed the value of a fully-integrated HRMS system for evaluating performance evaluations and hiring decisions. This value can also extend to your ACA reporting to the IRS, by reducing the amount of time you need to invest both ensuring year-round ACA compliance, and compiling employee data for year-end reporting.

Your HRMS dashboard can be configured to give you information on employees who are eligible for benefits, or may soon become available based on measurement period data, so that management can quickly make informed benefits and budgeting decisions.

How it Works

Employee Onboarding

ACA Reporting relies on a lot of basic employee information, including Taxpayer Identification Number (TIN). A properly secured and designed HRMS allows employee enrollment data to be cross-referenced by your payroll, legal, and ACA reporting HR systems, and can warn you of any potential TIN mismatch errors before you risk an IRS penalty.

Significant Life Events

Eligibility periods for significant life events can be small, and a major headache if an employee finds out too late that an election period has expired. Organizations can make use of their HRMS to communicate eligibility for insurance adjustment, as well as election deadlines to enroll or remove a spouse or child from benefits coverage.

Measurement and Stability Periods

If you have employees who work an average of 30 hours per week, these are variable hour employees – and their health benefits eligibility can be complicated. In order to reduce the overhead involved in hourly employee health benefits management, your HRMS can calculate any employees’ average hours worked per week, to determine their ACA eligibility during your Measurement Period, and track their eligibility though a Stability Period.

When further integrated with CorpStrat Payroll, CorpStrat HR simplifies the process. By allowing employees to enroll into the system online, CorpStrat HR can track employees through their stability period to ensure that deductions are made accurately and on-time.

Your CorpStrat Account Manager will help you configure these data dependencies by understanding your organizations’ individual needs and capabilities, and provide the information that empowers your employees, HR department, and management teams to make the most informed benefits decisions.

Ask us how you can spend less time on ACA reporting and more time on growing your business. Contact us today, or learn more about CorpStrat HR and CorpStrat Payroll.

The Right ACA Reporting Tool For Your Business

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ACA Reporting season is upon us, and many business owners are still struggling to understand their reporting responsibilities, and make the reporting process efficient and low-cost. Unfortunately, many find out too late that they don’t have the right plan or information to correctly file ACA reports with the IRS.

If you don’t know where to start…

Wouldn’t know a TIN if it walked right up and pinched you? When are ACA reports due? How do you store ACA reporting data? If you’re a small business owner who didn’t sign up for all of this red tape, an HR audit may be in order. An HR professional can review your business for potential compliance problems and risk exposures, and evaluate the best way for you to go forward with your ACA reporting in 2017. Continue reading

How Can Organizations Manage Open Enrollment?

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It’s open enrollment season again, and you know what that means: The HR department is frazzled, your managers are hunting down wayward employees in the hallway, admins are bracing for a paperwork blizzard, and nobody can really explain what’s supposed to be going on.

With the proper preparation, open enrollment can leave your employees feeling better served by your HR department, and HR can act strategically to create new benefits opportunities for the employees that need them most. Moving from a traditional paper brochure open enrollment to a technology-centric benefits enrollment period can make all the difference.

Continue reading