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Oasis, A Paychex® Company, is one of the nation's leading Professional Employer Organizations (PEOs), providing clients with Human Resource Services, Payroll Administration, Employee Benefits Administration and Risk Management Services. Oasis has clients in all 50 states and in many different industries. Oasis tailors its HR solutions to address specific challenges within a number of industries. To learn more, please click below.
Keeping track of all the changes surrounding the Affordable Care Act or ACA and how they affect your business can be a full time job. As part of our ongoing efforts to highlight important features of, and developments in, Healthcare Reform, this article will focus on a major change in how insurance carriers will determine their rates.
On Monday, February 10, 2014, the Treasury Department announced a delay in the Employer Shared Responsibility provision of the Affordable Care Act (ACA) for some employers. The Employer Shared Responsibility provision requires employers with more than 50 full-time equivalent employees to offer health insurance to all full-time employees or pay a potential penalty. The mandate was originally to take affect January 1, 2014, but was delayed last year until January 1, 2015.
One of the easiest, most accurate ways to convey an employee’s Actual Realized Income is with a Total Compensation Statement. Many employees do not realize the financial investment made by the employer into their benefits package. Total Compensation Statements are a great tool to show the value of your company benefits package, encourage employee participation in benefits programs, and reinforce the company’s commitment to your employees.