NY Paid Family Leave Rate for 2024
On Wednesday, August 30, 2023, the New York Department of Financial Services (DFS) announced the Paid Family Leave (PFL) rate and maximum PFL employee contribution for the coming year. In 2024, New York DFS has decided to decrease the contribution rates and the maximum employee contributions for PFL. Year Maximum Contribution Rate Annualized Wage Cap […]
Controlling Benefits Costs
Since the passage of the Affordable Care Act (ACA), medical insurance has seen a steep rise in cost and a decline in benefits. With the changes in the market, employers have struggled to offer the benefits needed to attract and retain top talent. Moreover, these impacts have disproportionately affected small and mid-sized employers. Read on […]
The End of the Public Health Emergency And Its Implications
Since early 2020, the United States has been in a Public Health Emergency, which has affected health insurance and business regulations. This week, the White House announced that the State of Emergency could be lifted as early as May 11, 2023. Once lifted, certain regulations will be lifted as well. There are two significant impacts […]
Setting Up Your HR Year for Success
Employees are the driver of your business, so taking time to have a strategic plan for human resources is essential. Without an HR plan, your business will face challenges that might have been avoided. So, turn your HR department from task-focused to strategy-driven by setting the tone at the start of the year. Explore the […]
The Top Challenges for Human Resources
Staffing has always been a top challenge for human resources departments. From the Great Resignation to the mental health issues to increased feelings of burnout, all companies have been feeling the pressure to attract and retain top talent. Explore the top challenges for human resources departments and how Eli Advisors can help! Strategies & Tactics […]
How to Create a COVID-19 Workplace Policy
Two years in, and COVID-19 continues to impact businesses and employees, and not for the better. The Pew Research Center reports that less than half of employees are satisfied with the steps their employers have taken to keep them safe from COVID-19. With continuous changes in policies and regulations, it can be hard for a small business […]
