Christine Horton Photography captured an image of the giveaways for Baker Tilly' and Baker Tilly Vantagen's annual GROW event. Gretchen Rubin spoke at the event.

GROW 2019 Recap

Date: May 30, 2019

Topic: Company News

New York Times best-selling author and speaker Gretchen Rubin joined nearly 150 professional women and men from the tri-state to inspire us to achieve inner calm through the creation of outer order. Through her personal stories and anecdotes, Gret...

Read More >>
IRS announces increase to HSA contribution limits for 2019

NEWSFLASH! IRS Announces Increase to HSA Contribution Limits

Date: May 29, 2019

Topic: Benefits News, BeneTips

The IRS announced an increase to the maximum HSA contribution limits for the 2020 calendar year in Revenue Procedure 2019-25. The individual contribution limit has been raised from $3,500 to $3,550. The family contribution limit has been raised fr...

Read More >>
Proposed or Not, IRS ACA Penalty Notices Warrant Call To Action

Proposed or Not, IRS ACA Penalty Notices Warrant Call To Action

Date: May 16, 2019

Topic: BeneTips, Health Care Reform

The number of instances whereby our clients are receiving notices for alleged non-compliance with the ACA’s Employer Shared Responsibility (ESR or “pay or play”) mandate is on the rise. The most common notice being received is IRS Letter 226...

Read More >>
Employee turnover affects companies in all industries. Combat it by increasing employee engagement.

Life Sciences: How Much Does Employee Turnover Really Cost?

Date: April 8, 2019

Topic: HR Consulting

According to a 2018 study by Radford Aon, life sciences companies see an average voluntary turnover rate of 11.5% in the United States. While this number might not ring any alarm bells, the effect it has on a company’s bottom line surel...

Read More >>

DOL Proposes New Overtime Rule

Date: April 1, 2019

Topic: BeneTips

It may be time to sharpen your pencils (again)! The Department of Labor (DOL) has proposed an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,308 per year. In turn, the proposal would expand overtime eligibil...

Read More >>

New Jersey Implements First State-wide Commuter Benefits Ordinance

Date: March 27, 2019

Topic: Benefits News, BeneTips

If you are an employer who employs at least 20 people in the state of New Jersey, you are now required to offer pre-tax commuter benefits to your employees. NJ is the first state to pass such an ordinance. Though the ordinance is effective immedia...

Read More >>
New Jersey (NJ) enacts a health care individual mandate in 2019.

New Jersey Individual Mandate Latches On To Federal Reporting Obligations

Date: February 15, 2019

Topic: Benefits News, BeneTips, Health Care Reform

In late January, the state of New Jersey posted new information about its individual health insurance mandate that went into effect on January 1 of this year.  Of interest to most impacted employers are the tactics and mechanics associated with h...

Read More >>
Baker Tilly Vantagen implments technology into HR practices such as recruitment and retention.

Implementing Technology into Recruitment and Retention Practices

Date: February 14, 2019

Topic: Company News, HR Consulting

Recruitment and retention should always be on HR’s best practices radar. Now more than ever, the spotlight is shining on millennials. They are infiltrating the work force at a rapid pace and it’s important to learn what motivates them, how the...

Read More >>
Employee turnover affects companies in all industries. Combat it by increasing employee engagement.

How Much Does Employee Turnover Really Cost the Manufacturing and Distribution Industry?

Date: February 11, 2019

Topic: HR Consulting

Four years ago, employee turnover in the manufacturing and distribution industry averaged 13.7 percent. While this number might not ring any alarm bells, the resulting $840,700 spent on turnover costs per company surely does. Three years later, DC...

Read More >>
New Yorl (NY) Govenor Cuomo enacts stricter sexual harassment laws

New York Sexual Harassment Law Changes: Is Your Organization Ready?

Date: February 6, 2019

Topic: BeneTips, HR Consulting

On April 12, 2018, New York’s Governor Cuomo signed the state budget, which includes a mandate that employers provide employees with annual sexual harassment training. In addition, the New York State Human Rights Law has been amended to now prot...

Read More >>

IRS Announces NEW FSA Maximums for 2019

Date: November 16, 2018

Topic: Benefits News, BeneTips

On Thursday, November 15, 2018, the IRS released the 2019 annual inflation adjustments.  Effective January 1, 2019, the new annual Health Care FSA maximum contribution will increase to $2,700. The new monthly maximum contributions for Qualifie...

Read More >>

Patient-Centered Outcomes Research (PCOR) Fee Adjustment Announced for 2019

Date: November 13, 2018

Topic: Benefits News, BeneTips

The IRS has announced the new PCOR fees for plan and policy years ending on or after October 1, 2018 and before October 1, 2019.  The fee has experienced a $0.06 increase; up to $2.45 from the amount previously in effect. This fee is analyzed on...

Read More >>