Most businesses focus on taking care of their people in a number of ways, from offering competitive wages, to providing perks and benefits, to building a workplace culture where people feel supported. One way people can feel supported is knowing that they can look forward to a couple of breaks during their shift. Managing Breaks […]Read More >
Managing the ACA with Automated Time and Attendance
- nettime solutions staff
Over the course of the last few weeks, we’ve spent some time highlighting the most salient aspects of the Affordable Care Act (ACA) as they relate to business. Whether your business is in manufacturing or hospitality, healthcare or business services, if your company has at least 50 full-time equivalent employees, then you need to be prepared to offer affordable healthcare options to those employees who are working 30 or more hours per week.
With the policies and procedures that are required by the ACA, it’s no surprise that many companies are turning to automated time and attendance to help them manage their ACA compliance. But, how do you choose the time and attendance provider that is right for your organization? Although many companies can certainly help you navigate your ACA compliance, few actually have the technology in place to truly manage that ACA compliance. This is where a platform like stratustime is beating the competition.
Why stratustime Is Better
Our ACA module is deeply integrated into our software. Perhaps you’ve demoed other ACA support tools within other time and attendance products. Was the software robust enough to handle your needs? Or were you merely given reports that still require manual work? stratustime’s ACA module was built directly from the legislation to offer a user-friendly way of helping you stay compliant by monitoring and scheduling your staff effectively.
We built our software to anticipate change. As you know, the ACA has been amended several times, and the IRS interpretation of the law has also been amended from its original version. Instead of seeing this as a limitation, we’ve embraced this aspect, and stratustime’s ACA module was designed to handle any changes gracefully and with powerful, effective dating.
Our ACA tools are flexible and meaningful. Multiple classes of employees can be put into separate policies, allowing stratustime to automatically handle these employees differently, while still applying the rules consistently. And, each detail of your company’s policies can be entered into the software to provide accurate calculations based on the policies in force within your organization.