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Kronos Launches ACA Estimator to Help Organizations Understand Financial Impact of Affordable Care Act

October 7th, 2013 at 9:17 am

LAS VEGAS – HR Technology Conference & Exposition – Oct. 7, 2013 –  Organizations looking to understand how the Employer Shared Responsibility provisions of the Affordable Care Act (ACA) will impact their business can now turn to the ACA Estimator, a free tool from Kronos Incorporated. The tool calculates a rough cost estimate for various ACA compliance strategies using company-specific information. News Facts Under the Employer Shared Responsibility provisions of ACA, organizations with 50 or more full-time equivalent employees will be required to extend healthcare coverage to all employees who work an average of 30 or more hours per week or 130 hours in a month, or face potential penalties. The ACA Estimator […]

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Manage Affordable Care Act (ACA) Compliance With The Kronos Full-Time/Part-Time Analysis Report

October 3rd, 2013 at 1:58 pm

Manage ACA Compliance by Analyzing Data About Average Hours Worked by Employees With the Employer Shared Responsibility provisions (also called the “Pay or Play” mandate) of the Affordable Care Act (ACA) scheduled to take effect on January 1, 2015, the countdown is on to prepare for upcoming changes. After all, some of your current part-time employees may soon be classified as full time for ACA purposes, making them eligible for healthcare benefits – at your expense. That’s why it’s time to develop a strategy that will help your organization manage ACA compliance and its potential cost impact. Determining the optimal ACA strategy starts with analyzing your full-time/part-time employee mix and […]

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Affordable Care Act Compliance: Kronos Helps Jefferson County School System Prepare

August 28th, 2013 at 8:30 am

CHELMSFORD, Mass., Aug. 27, 2013 – Along with preparations for the new academic year, Alabama’s Jefferson County school system is also planning for the mandatory Affordable Care Act (ACA) compliance. The school system realized the effects that ACA’s mandate will have on its part-time employees and is leveraging solutions from Kronos Incorporated to prepare more effectively. News Facts The second-largest school system in Alabama, Jefferson County employs 4,500 staff members and serves more than 36,000 students. In addition, the school system employs more than 500 part-time workers including substitute teachers and after-school care employees. Jefferson County school system uses the Kronos time and attendance solution for payroll accuracy. For added innovation in how the […]

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How The Affordable Care Act will Impact Workplace Wellness Programs

June 18th, 2013 at 10:40 am

According to the Centers for Disease Control and Prevention, more than 75% of our health care spending is on premature and often preventable diseases like high blood pressure, diabetes and obesity. The growing numbers of preventable diseases, poor health habits and the rising cost of health-care have sparked an interest in employee wellness programs in the workplace for many organizations. Americans working full-time spend an average of one-third of their day, five days per week at the work. Since Americans spend a significant amount of their day at work, the workplace is an important setting for health promotion and disease prevention. Studies have shown, wellness programs that implement health-focused policies […]

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