Healthcare – Ultimate Software's Blog http://blog.ultimatesoftware.com Thoughts on Putting People First in the Workplace Thu, 17 Aug 2017 13:05:17 +0000 en-US hourly 1 https://wordpress.org/?v=4.8 ACA Superhero Challenge – Will you pass the test? http://blog.ultimatesoftware.com/aca-superhero-quiz/ http://blog.ultimatesoftware.com/aca-superhero-quiz/#respond Wed, 30 Mar 2016 12:34:53 +0000 http://blog.ultimatesoftware.com/?p=473 With fast-approaching deadlines and ever-changing guidelines, it’s no surprise that the Affordable Care Act is leading to some additional stress and anxiety these days. Take a break and test your knowledge with our ACA quiz to see just how much you know about healthcare reform. See how you did compared to others and be sure […]

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With fast-approaching deadlines and ever-changing guidelines, it’s no surprise that the Affordable Care Act is leading to some additional stress and anxiety these days. Take a break and test your knowledge with our ACA quiz to see just how much you know about healthcare reform. See how you did compared to others and be sure to share your results with your peers and social networks! You’ll also gain access to our updated ACA eBook, packed with key dates and guidelines to help your organization stay compliant. Good luck!

 

 

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HR Tips for the Road Ahead in 2016 http://blog.ultimatesoftware.com/hr-trends-2016/ http://blog.ultimatesoftware.com/hr-trends-2016/#comments Fri, 22 Jan 2016 16:27:04 +0000 http://blog.ultimatesoftware.com/?p=459 With 2015 now in our rear-view mirrors, it’s time to focus on the road ahead in 2016. This year is sure to present more challenges, such as ever-changing healthcare reform legislation, but also a lot of exciting opportunities—and ways to shift your thinking. As you buckle up for the ride and prepare to hit the […]

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With 2015 now in our rear-view mirrors, it’s time to focus on the road ahead in 2016. This year is sure to present more challenges, such as ever-changing healthcare reform legislation, but also a lot of exciting opportunities—and ways to shift your thinking. As you buckle up for the ride and prepare to hit the wide-open road, here are a few tips to help you navigate your scheduled route, avoid oncoming speed bumps, and accelerate your HCM in 2016.

Tips for HR in 2016 - Recruiting, Talent Management, ACA, and Global HCM

Sit in the driver’s seat to tune-up recruiting and talent management practices, keep your eyes on the ACA, and think globally about HCM in 2016.

Put Yourself in the Driver’s Seat

This year, don’t just work on being a better manager—focus on becoming a leader. Your team members have developed their goals and have mapped out where they hope to arrive by year’s end. You can help ensure they reach that destination.

We’re excited about the release of UltiPro’s “My Leadership Actions” tool. Using the power of predictive analytics and an assortment of data points, UltiPro empowers you with suggested directions and actions for proactively engaging your direct reports. Think of it as your GPS on the road to leadership.

Best of all, My Leadership Actions doesn’t just benefit managers. According to BI Worldwide, engaged employees are 87% less likely to leave an organization than non-engaged employees. In a true win-win for everyone, you develop your management skills, hone your ability to lead, and grow your own career, all while helping your employees grow theirs.

Tune-Up Your Recruiting Practices

Aren’t road trips always more fun with a great group of passengers? Before you ride too far down the HR highway, however, make time for a pit stop to reevaluate your recruiting processes.

Are you attracting—and, perhaps more importantly, retaining—the right talent for your organization? Think about what you can do differently or improve upon to bring the ideal fit onboard, a person who not only has the necessary skills for the position, but who also gels with your established workplace culture.

Don’t forget that, in 2015, millennials officially became the largest generation in the workforce. While some may think Gen Y brings too much baggage, millennials can certainly provide us with crucial insight into the evolving expectations of all employees—especially with regard to recruiting practices.

Keep Your Eyes on the ACA

With so many people and processes requiring our attention, it’s easy to get distracted and veer off in different directions. But as HR professionals, it’s especially important we keep our eyes on compliance. As in previous years, in 2016, we have to pay particular attention to the Affordable Care Act (ACA)—or else we can end up paying costly citations.

The ACA has many moving parts. Proposed legislative changes continue to rotate around Congress, and there are likely to be more twists and turns ahead. But, don’t worry. Ultimate can help steer you clear of the stress and the confusion. Start by checking out our extensive ACA Resource Center, featuring helpful ACA guides, whitepapers, answers to FAQs, and much more.

You can also take an online test drive of UltiPro’s ACA Toolkit. See firsthand how Ultimate’s helping organizations across the United States navigate the ACA, from a dashboard for monitoring compliance requirements to functionality for rapid and accurate reporting. As a certified and IRS-approved transmitter, Ultimate can also assist with generating and filing all required 1094-C and 1095-C forms for the ACA.

Think Globally About HCM

Even if you’ve already charted your course and calculated your budget for the trip, always keep your map open and don’t be afraid to go beyond borders. Maybe your organization doesn’t currently operate on a global scale. The exciting news is it’s becoming easier than ever to expand into new markets.

As you continue on your HR travels this year, consider the realistic possibilities—and advantages—of exploring new territory. You have the potential to reach new people, build your network, remain connected no matter where you’re headquartered, and, ultimately, drive more business for your organization.

The best part? You don’t have to traverse these locations alone. Implement the global HCM strategy that works for your organization, and your employees can continue to collaborate and innovate together, from wherever they work.

We’ll cover each of these topics at greater length with additional blog posts throughout the year. For now, be sure to register for Ultimate’s free live webcast, “Break the Mold: What HR Should Be Doing Differently in 2016,” on Wednesday, January 27, at 2:00 P.M. EST. I’m pleased to join Claire Schooley, principal analyst on the Applications Development & Delivery team at Forrester Research, for an insightful discussion on transforming your overall approach to HCM. Our goal is to help you #RethinkHR—in 2016, and in the years ahead.

 

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12 Days of HCM – #1 The Affordable Care Act (ACA) http://blog.ultimatesoftware.com/12-days-of-hcm-affordable-care-act-aca/ http://blog.ultimatesoftware.com/12-days-of-hcm-affordable-care-act-aca/#respond Mon, 07 Dec 2015 14:01:51 +0000 http://blog.ultimatesoftware.com/?p=399 A lot crossed the minds of HR professionals this past year, from new concerns over ACA compliance to ongoing challenges with employee engagement. Over the next 12 days, we’ll highlight some of the hottest HCM topics from 2015 and take a look ahead to 2016. The Year of ACA Throughout 2015, it probably felt as […]

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A lot crossed the minds of HR professionals this past year, from new concerns over ACA compliance to ongoing challenges with employee engagement. Over the next 12 days, we’ll highlight some of the hottest HCM topics from 2015 and take a look ahead to 2016.

The Year of ACA

Throughout 2015, it probably felt as though you couldn’t go a day without hearing, “ACA.”

From employee eligibility to forms 1094-C and 1095-C, the ACA has been on the minds of many in HR—and all of us at Ultimate. We’re committed to helping our customers remain proactive with ACA compliance. As a certified and IRS-approved transmitter, Ultimate offers an ACA Toolkit to assist with all required printing, reporting, and filing, as well as ACA Employer Services for organizations who prefer an extra hand from our expert team.

As 2016 filing deadlines become a reality in the U.S., HR leaders can rest easy knowing Ultimate’s removing the stress and confusion surrounding ACA compliance.

We provided an exclusive demo of our ACA Toolkit and Services at the 2015 HR Technology Conference in October. See what people are saying about Ultimate’s tools for navigating healthcare-reform compliance.

 

To follow our 12 Days of HCM series on social media, use the hashtag #12DaysofHCM.

 

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Navigating the Patient Protection and Affordable Care Act http://blog.ultimatesoftware.com/ultimate-affordable-care-act/ http://blog.ultimatesoftware.com/ultimate-affordable-care-act/#respond Tue, 02 Jun 2015 14:50:04 +0000 http://blog.ultimatesoftware.com/?p=278 Healthcare reform is here, and more is coming soon. With the Patient Protection and Affordable Care Act kicking into full swing, now is the time to ensure that your organization is 100% compliant and ready. At Ultimate, we’re harnessing our expertise and adaptability to provide businesses with the tools they need to face any challenges […]

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Healthcare reform is here, and more is coming soon. With the Patient Protection and Affordable Care Act kicking into full swing, now is the time to ensure that your organization is 100% compliant and ready. At Ultimate, we’re harnessing our expertise and adaptability to provide businesses with the tools they need to face any challenges that pop up along the way.

These changes to the landscape are complex, and will involve many different areas of your organization. Many of the important provisions of the ACA, such as the “pay or play” requirement for employers and the individual insurance mandate, are already in effect right now. Employers that are not providing adequate essential coverage to all full-time employees can already be penalized if the coverage isn’t offered to all qualifying employees or the coverage does not meet affordability and value requirements.

Starting in 2016, applicable large employers (or ALEs—those with 50 or more full-time employees) are also required to report compliance information to the IRS each year. Companies that exhibit a good faith effort in 2015 to meet these reporting requirements will not be penalized. However, any organization that does not report on 2015 employee coverage information can face a penalty of $250 per each complete return they fail to file (capped at $3 million). Moreover, there will be a $250 penalty for each missing payee statement (capped at $3 million). IRS Form 1095-C and transmittal page Form 1094-C are used for this reporting and must be filed by February 29, 2016 (or March 31, 2016, if filed electronically).

UltiPro makes it easier for businesses to be ready for the Afforadable Care Act and Patient Protection

We recognize the challenges businesses may face in adapting to these new requirements. That’s why we’re working tirelessly to help. With each new release of UltiPro, we’re targeting the most pressing issues for HR professionals and business owners with ease-of-access and streamlined reporting at every step. Right now, UltiPro can automatically analyze employee hours of service to rapidly determine full-time status, track hours over a variety of time periods for your entire workforce, and present the relevant data for all of your impacted full-time employees in one Healthcare Eligibility Dashboard. Specially-crafted reports can show you at a glance which employees are eligible and ineligible for coverage, as well as whether or not it is currently being offered to them. Beginning with our spring 2015 release, UltiPro will feature new tools that make it even easier to collect, review, and correct this eligibility and coverage data for ALEs before reporting it to the IRS. Critical information for Form 1095-C will be able to be stored directly in UltiPro’s records or easily imported from Excel. In UltiPro’s summer 2015 update, we’re adding the functionality to collect employees’ consent to receive their Form 1095-C electronically, along with a new template for capturing monthly information. Finally, our fall 2015 release will enable the import of previously collected data for Form 1095-C, the ability to generate and print Forms 1095-C and 1094-C, and new business intelligence reports to make completing these forms accurately even simpler.

When it comes to navigating healthcare reform, Ultimate’s work doesn’t end there. In 2016 and beyond, we’ll continue to simplify compliance, data collection, and reporting for employees and employers throughout the United States. For more information on healthcare reform and what UltiPro can do to help your organization, check out our Healthcare Reform Law Resources page.

 

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