What is an HRA? Health Reimbursement Arrangements (HRA) are a type of employer-funded health benefit that allows employers to reimburse employees for qualifying medical expenses and premiums tax-free. When designing the HRA, employers choose the amount of the annual...
We know — we’ve been talking about wage and hour compliance a lot on this blog lately. Some of you may be tired of hearing about it. “You need to classify your employees correctly,” you might say, “blah blah blah. We GET IT!” And we hear you. Admittedly,...
Since its debut in January 2020, TCH’s HRA technology platform is the first of its kind. It takes the hassle of providing benefits and healthcare reimbursement out of your hands and makes the healthcare process a simple exchange between TCH and your employees. All you...
The end-of-year bonus is yet another annual tradition that is being affected by the COVID-19 pandemic. While some lucky businesses have done better than ever this year, many (if not most) have experienced a year fraught with closures, cancellations, scheduling...
Let’s just call it what it is: 2020 has been an absolute dumpster fire of a year. And for employers across the U.S., the potent cocktail of the ongoing coronavirus pandemic mixed with near-constant political unrest has manifested itself as a series of crises that just...
I wanted to share a couple of insights about Office Managers (OMs) when it comes to salary and bonus structures. The first part of this perspective is all about HR compliance. The second offers up a number of components that you should keep in mind before implementing...
