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Key Drivers of 2025 Health Care Cost Increases Health care costs are projected to increase substantially in 2025. Estimates show a similar growth in spending to 2024, marking multiple years of compounding costs. Specifically, health care costs in the United States are likely to increase by 7%-8% in 2025, according to the following data from multiple

Feb 18, 2025 · Employers Must File ACA Returns Electronically by March 31, 2025 The Affordable Care Act (ACA) created reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) to …

Employee Benefit Plan Limits for 2025 Many employee benefits are subject to annual dollar limits that are adjusted for inflation by the IRS each year. The following commonly offered employee benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs); Health flexible spending accounts (FSAs); 401(k) plans; and Transportation

Payroll Services Does managing payroll yourself provide any strategic value to your business? With HR&P as your outsourced payroll partner, you maintain control and visibility of your operation, while saving time and money, and mitigating your risks. Leverage our expertise and technology to focus

The minimum wage rate is expected to change in 2025 in the following states: Alaska Arizona California Colorado Connecticut Delaware District of Columbia Florida Illinois Maine Michigan Minnesota Missouri Montana Nebraska New Jersey New York Ohio Oregon Rhode Island South Dakota Vermont Virginia Washington Certain areas of …

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2024 Employment-related Ballot Measures Passed by Voters On Nov. 5, 2024, voters in several states decided on ballot measures that will impact and change the workplace in 2025 and beyond. This Compliance Bulletin provides an overview of the employment-related ballot measures voters passed in 2024. The ballot measures included the following topics: …

Feb 18, 2025 · 5 Attraction and Retention Trends to Monitor in 2025 Employers will likely continue to struggle to attract and retain talented employees this year. In fact, an EY report found that 38% of employees are likely to leave their jobs in 2025. Despite looming employee turnover in 2025, employee quits consistently decreased throughout 2024. This means workers

8 Tips for Modernizing Hiring in 2025 As talent acquisition continues to evolve, staying ahead of the curve is crucial for organizations aiming to attract and retain top-tier talent. This past year was once again filled with labor shortages and a demand for evolving skills. As 2025 begins, the traditional hiring approaches are being reshaped