Health Care Reform for Large Employers: The Role of Strategic HR Technology for Compliance
There is significant confusion about health care reform and its impact on businesses. Determining how the law — particularly, Employer Shared Responsibility (ESR) — affects your company is a complex process that requires extensive information about time and attendance, payroll, and employee types. Conforming to the regulations demands an in-depth understanding of the latest developments, access to substantial historical and ongoing data, and the ability to comply with demanding year-end reporting requirements.
This white paper helps owners understand the basics of ESR, individual aspects of the regulations such as year-end reporting and transition relief, and the important role that integrated HR technology plays in staying compliant and avoiding expensive penalties.