What Companies Need to Know for Student Loan Payments as part of the CARES Act
The Coronavirus Aid, Relief and Economic Security (CARES) Act has now extended the provision to add student loan payments as part of Tuition Reimbursement under Section 127 of the IRS Code through December 31, 2025.
This four-year extension provides a more acceptable provision, allowing Companies to build a great Retention Program knowing it will be around for a at least 4 years and, and thus attracting Candidates to join their Companies. Due to the rising debt of student loans and a political movement to help students repay their loans, there are strong indications that Congress is expected to make this temporary change permanent. Before the recent permission of the CARES Act employees and employers both were required to pay the payroll taxes on student loan paid by an employer.
2021 Top 7 Human Resources Trends
Well, we all know 2020 was quite the challenging year for so many businesses throughout the nation as the Coronavirus pandemic unwelcomely inundated routine working operations. Organizations were radically forced to spotlight their HR department to guide environmental changes and navigate functioning processes, prioritizing workforce concerns. 2021 is starting off a bit unpredictable; plausible given the circumstances that last year unveiled and there is no going back to “normal.” This year we are sure to endure more ongoing transitions as companies continue to adapt to their current dynamic surroundings.
How To Keep Your Employees Happy
Retaining your workforce and keeping your employees happy is of the utmost importance these days. When employees are content, they are more motivated, productive and efficient, which benefits your business in operating just a little more smoothly. So, what is the key to creating a gratifying working environment and therefore, keeping your staff happy?
International Women’s Day
At Flex HR we are proud to honor the women in our office on International Women’s Day (IWD). We want to spotlight and thank the ladies on Flex HR staff for their countless contributions to making our business a success.
Flex HR Welcomes Jenny Morehead
We are excited to welcome Jennifer “Jenny” Morehead to Flex HR as our new CEO. Jenny has always been an entrepreneur, with a strong sales and marketing background. Her passion is to exceed client expectations by building strong and successful teams.
Before stepping on board with Flex HR, Jenny effectively launched a marketing solutions company for local businesses through the country. She was responsible for human resources in addition to her duties as CEO. Prior to her marketing solutions business she helped with recruiting, hiring, and creating new employee training sessions for a media company.