BASE^® Blog

Whether you are the head of HR or a small business owner without an HR department, dealing with human resources challenges are hard.  It is an ever-changing, complex environment that may make you think that you need to be an expert in everything.  Take a little stress off of yourself by subscribing to hr360 by BASE®.  This online HR library will keep you up-to-date with a constantly-changing business world.  You can trust that when you get information to use around your office from hr360, it is right!

BASE® hr360 is an HR solution with sections dedicated to helping businesses, like yours, comply with HR compliance and major laws.  The easily accessible HR library gives instructions to stay in compliance with Health Care Reform, COBRA, and FMLA.  It's an HR resource at your fingertips, helping you every step of the way, all in one place.

The library has clearly-marked sections that contain a wealth of information that is developed and updated by a team of attorneys.  The 11 sections are designed to assist on:  Employee Benefits, Health Care Reform, Human Resources, Recruitment & Hiring, Discipline & Termination, State Employment Laws, Forms & Policies, Online HR Apps & Tools, Resource Center, Safety & Wellness, and HR Training Videos.

According to Atlas Staffing, companies struggle with many things, but there is one area they find challenging - HR.  Here are a few of the biggest HR challenges, along with some great solutions hr360 can help you implement immediately into your business.

Compliance with Laws and Regulations - employment laws change from time to time and staying up-to-date can be hard to stay on top of.

hr360 SOLUTION:  No matter the size, hr360 will help any business adhere to HR rules and regulations.

Did you know that many federal and state requirements apply to companies with as few as one employee? 

Compensation - it can be a struggle to find the best way to structure employee's compensation in the business. 

hr360 SOLUTION:  the hr360 library has a feature called the Salary Benchmarking tool.

Did you know you can enter in all the credentials and hr360 can help you decide how much your employee is worth?

Understanding Benefit Packages - Rising healthcare costs, the Affordable Care Act, and the latest 21^st Century Cures Act - a lot of health reform, rules, and regulations that can be hard to interpret and share with your employees.

hr360 SOLUTION:  the online library has info dedicated to Health Care Reform to help serve as a guide. Plus, BASE® not only has a resource for all things HR, but also has other services such as Health Reimbursement Arrangements (HRA) and Cafeteria Plans that can help business owners contain the cost of health care.

Did you know that these types of benefits are extra perks that are extremely popular and are a great way to enhance your current benefit package and retain quality employees?

Recruiting Talented Employees:  it's hard for different types of businesses to balance between keeping the business running and recruiting new employees. 

hr360 SOLUTION:  the hr360 online library has a specific tab for Recruiting and Hiring that could make finding the right employee at the right time easier?

Did you know that by following the hr360 Recruiting and Hiring platform it can help save you time and money?

Workplace Diversity - In every business there are multiple generations, ethnicities, and cultural differences.  The risk for lawsuits in a workplace is REAL. 

hr360 SOLUTION:  another great tab in hr360 is the training videos.  There are great videos dedicated to dealing with certain employees and types of harassments.

Did you know that legal fees brought on to defend a wrongful discharge or harassment lawsuit by an employee can more than exceed the price of your annual hr360 subscription?

Not sure about hr360?  Take a look at what people are saying!

"If I want to stay in business, I need a quality HR toolbox and HR vendor.  hr360 is a bargain for the money."

"hr360 has readable information... written for anybody to understand and comprehend.  It's an easy-to-use website, and that makes a huge difference." 

"hr360 continually updates their information to keep their clients on the cutting edge of information they need to keep their programs compliant with federal and state issues."

Read more about hr360 and how it can help your business, and take the time to take a short tour of this online HR library - check it out for yourself!  Contact BASE® to start subscribing to hr360 today!

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According to Entrepreneur, one of the most underrated and underused employee benefits available for small businesses today is outlined in Section 125 of the U.S. tax code - the Cafeteria Plan.

BASE® offers 4 plans to further customize an employer's current benefit offering... and no, we aren't talking about bringing food to eat!  These 125 Cafeteria Plans:  Premium Only Plans (POP), Flexible Spending Account (FSA), Limited Purpose FSA, and Dependent Care Assistant Plan (DCAP) can further supplement your current Health Reimbursement Arrangement (HRA).  Employers that sponsor a BASE® 125 Cafeteria Plan allow employees, who are paying for medical expenses, insurance premiums, or dependent care expenses, to do so on a pre-tax basis.

Premium Only Plan (POP) - Premium Only Plans are established to pay for employer-sponsored benefits.

With a POP, individuals set aside money which can be used for medical, dental, vision, group term life, and voluntary supplemental insurance

Flexible Spending Account (FSA) - Flexible Spending Accounts are established to pay for qualifying medical expenses.

With an FSA, individuals set aside money which can be used for copays, dental care, vision care, chiropractor, and prescriptions.  100% of the FSA election is available on day one to employee participants. 

Limited Purpose FSA- Limited Purpose Flexible Spending Accounts are established to strictly reimburse eligible dental and vision care expenses.  This type of plan is for employees who are enrolled in a High Deductible health Plan (HDHP) and are enrolled in a Health Savings Account (HSA). 

With a Limited Purpose FSA, individuals set aside money to be used for only eligible dental and vision care expenses, include orthodontia.  The employees have the opportunity to build contribution amounts to their HSA while still receiving a pre-tax benefit for eligible dental and vision expenses. 

Dependent Care Assistant Plan (DCAP) - Dependent Care Assistant Plans are established to pay for qualifying adult or child care expenses. 

With a DCAP, a person can set aside money to use for childcare or daycare costs, adult daycare, before or after school programs, or summer programs or camps.  It can be used for care when it is provided while parents are working or at school.  100% of DCAP election is NOT available on day one to employee participants.

Advantages of the Cafeteria Plan

A BASE® 125 Cafeteria Plan can create savings for both the employer and employee.  Employees will see an increase in take-home pay due to the taxable income being reduced; it is a convenient way to save and budget for eligible healthcare and daycare expenses, and know that as they continue to work, they are establishing funds to help pay for these costs.  Employers will see more because the pre-tax benefits aren't subject to the Federal Social Security (FICA) tax, Medicare, as well as, Federal Unemployment tax (FUTA). 

BASE® provides:

• Web Portal for both Employer & Employee
• Summary Plan Document (SPD) & Plan Documents
• Adoption Agreement (AA)
• Administrative Guidelines & Forms
• Claims Substantiation
• Option for Employer to Reimburse Via Direct Deposit or Check
• HIPAA Privacy
• Non-Discriminatory Plan Designs
• On-Going Compliance & Product Updates
• Service & Support

No matter what kind of business structure you may have, BASE® can help you customize your 125 Cafeteria Plan that will benefit BOTH you, the employer, and your employee.  Contact us today to learn more about the benefits of a 125 Cafeteria Plan and other money saving benefit strategies.

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