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What Companies Need to Know for Student Loan Payments as part of the CARES Act

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What Companies Need to Know for Student Loan Payments as part of the CARES Act

Federal Cares Act Stimulus Payments

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.

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2021 Top 7 Human Resources Trends

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2021 Top 7 Human Resources Trends

Top 7 HR Trends for 2021

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.

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How To Keep Your Employees Happy

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How To Keep Your Employees Happy

Employee Rewards Programs & Incentives

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?

 

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International Women’s Day

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International Women’s Day

International Womens DayAt 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.

 

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Flex HR Welcomes Jenny Morehead

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Flex HR Welcomes Jenny Morehead

Jenny Morehead CEO Flex HRWe 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.

 

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COVID-19 Vaccine Information for Employers

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COVID-19 Vaccine Information for Employers

Covid-19 Vaccine Bottle Coronavirus

What employers need to know now about the COVID-19 Vaccine

At Flex HR, we are always keeping up with the latest in HR-related news for 2021 on behalf of our valued clients. That’s why we put together this cheat sheet of COVID-19 vaccine information for business leaders.

 

Did your employees show up for work today?

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Did your employees show up for work today?

 

HR Leaders Say The Big Game Hits This Monday

Hungover worker after football sunday partyAlthough the  festivities have been scaled back greatly this year, that doesn’t mean football fans didn’t party the night away anyway. An estimated 17.5 million employees miss work on Monday after the big game. That’s about $4 billion in lost productivity for companies, says a survey by the Workforce Institute at Kronos Inc. Often referred to as the “Big Game Fever,” there is still a great push for the day after the Big Game to become a National holiday. In fact, according to a poll from DraftKings, nearly half of people surveyed said they would be willing to give up another holiday during the year to get the Monday after the Big Game off work without using personal vacation time. 

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Significant Human Resources Alterations in Store Under Biden Administration

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Significant Human Resources Alterations in Store Under Biden Administration

President Inaguration Symbol

Written by Flex HR’s CHRO Jim Cichanski

2020 was quite the unpredictable year, and employers are still working to restore stability as the nation transitions Presidents. One thing the past year has taught business leaders is the flexibility to adapt in such fluctuating environment. And businesses need to stay compliant because some major HR deviations are due to transpire. President-elect Joe Biden has communicated his initiatives to considerably change employment and labor laws that currently reside in the workplace today. His actions thus far prioritize filling his cabinet and surrounding offices with individuals that have deep roots in labor relations. Therefore, it’s imperative that Human Resources leaders be aware of the predicted upcoming modifications.