Year: 2025
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Mind Matters: Supporting Employee Mental Health at Work
Every year, millions of people experience mental health challenges with limited access to care. According to the World Health Organization, 1 in 8 people globally are affected. Conditions like anxiety and depression significantly reduce productivity, costing the global economy around $1 trillion annually. Despite the rising demand for support, more than two-thirds of those who…
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Compliance Recap | March 2025
ACA REPORTING Affordable Care Act (ACA) reporting for applicable large employers (those with 50 or more employees) was due for the 2024 plan year in March. Reporting to Employees – due March 3, 2025 Form 1095-C: For Applicable Large Employers (ALEs) to report health coverage offered to full-time employees. Form 1095-B: For employers with self-funded…
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Disability Insurance Explained: Short-Term Disability
Life sometimes throws you a curveball. You might sprain an ankle playing soccer, need surgery, or experience a difficult pregnancy. These situations can temporarily prevent you from working and earning an income. That’s where short-term disability insurance comes in. It acts as a financial safety net, providing income replacement while you recover and get back…
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Voluntary Benefits: The Missing Piece of Your Compensation Puzzle
The Rise of Voluntary Benefits As healthcare costs increase, so does the demand for voluntary benefits. These optional benefits allow employees to select and pay for additional perks to meet their individual needs, especially in today’s diverse workforce. They’re also a valuable supplement to health insurance, particularly as healthcare expenses rise and affordability becomes a…
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The Future of Leadership: Human Connection in a Digital World
In an era defined by rapid technological advancement, the nature of leadership is evolving at an unprecedented pace. As artificial intelligence, remote work, and digital communication tools become increasingly integrated into our professional lives, the role of human connection in leadership has never been more crucial. The future of leadership will hinge on the ability…
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The Big Differences Among Generations at Work
The generations at work – Gen Z, Millennials, Gen X, and Baby Boomers – continue to fascinate business leaders and especially those in HR, who are charged with talent management. Trying to understand each generation’s attitudes, habits, and history is important. While each person is unique, these shared generational experiences can help people better orchestrate teams and get the most out of…
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Compliance Recap | Feb. 2025
RESULTS OF AGENCY ENFORCEMENT OF MHPAEA INVESTIGATIONS The U.S. Departments of Labor (DOL) and Health and Human Services (HHS) recently released their latest enforcement findings on the Mental Health Parity and Addiction Equity Act (MHPAEA), covering investigations completed during the 2023-2024 fiscal year. Their report sheds light on key areas of noncompliance and emphasizes the government’s ongoing…
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More Than Just a Pretty Smile: The Impact of Oral Health
Did you know that your oral health can have a significant impact on your overall health? It’s true! Your mouth offers clues about your general well-being. Good dental hygiene can help improve your overall health. As a bonus, maintaining good oral health can even REDUCE your healthcare costs! Your Mouth: A Window to Your Health…
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Building a Financially Healthy Workforce
Financial stress is a silent epidemic plaguing workplaces everywhere. It impacts employees at all levels, leading to decreased productivity, lower morale, and increased absenteeism. But there’s good news: employers hold the key to building a financially healthy workforce. Stress and Financial Well-Being Cultivating your employees’ financial well-being is a necessity in creating a productive and…
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New Legislation Updates ACA Reporting Rules
At the close of 2024, Congress passed two new pieces of legislation: the Paperwork Burden Reduction Act and the Employer Reporting Improvement Act. These laws simplify the Affordable Care Act (ACA) reporting requirements for employers and introduce new limits on the IRS’s authority to enforce “pay-or-play” penalties, among other changes. Under the ACA, applicable large…
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Compliance Recap | January 2025
IRS ISSUES TAX GUIDANCE ON STATE PAID FAMILY AND MEDICAL LEAVE PROGRAMS On January 15, 2025, the Internal Revenue Service (IRS) released Revenue Ruling 2025-4 (providing guidance on the taxation and reporting of contributions and benefits under state paid family and medical leave (SPFML) programs. Key Highlights Employer and Employee Contributions Employee-required SPFML contributions paid by an…
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Beyond Open Enrollment: Engaging Employees with Benefits
Most organizations treat employee benefits like a seasonal event. Open enrollment brings a flurry of activity – emails, seminars, and even benefits fairs. However, communication often dwindles after this initial push, leaving employees confused and underutilizing their valuable benefits. This is a missed opportunity. Research shows that employees crave more benefits education, spending hours researching…
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Differences Between PEOs: A Guide to Making the Right Choice
Professional Employer Organizations (PEOs) can significantly impact your business operations, but not all PEOs are created equal. As a business owner, understanding these crucial differences will help you make an informed decision that best serves your organization’s needs. Let’s explore the four main factors that set PEOs apart from one another. 1. Overall Cost Structure…
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The Heart of the Matter: Your Guide to Cardiovascular Wellness
February is American Heart Month, a time to raise awareness about cardiovascular health and how to keep your heart in top condition. Are you taking steps to protect your heart? You can actively reduce your risk for heart disease by adopting a healthy diet, staying physically active, and managing your cholesterol and blood pressure. Heart…
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What are The Pros and Cons of Using a PEO?
What are The Pros and Cons of Using a PEO? Companies are turning to Professional Employer Organizations (PEOs) to handle their HR needs due to increases in state and federal compliance laws. Before making this important decision for your business, it’s important to understand both the advantages and drawbacks of partnering with a PEO. What…
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ACA Reporting Deadlines for 2025: What You Need to Know
For employers subject to the Affordable Care Act (ACA), staying compliant with reporting requirements is non-negotiable. With 2025 due dates just around the corner, now is the time to prepare for distributing Forms 1095-C to employees and filing with the IRS. These forms provide essential information about health coverage offered to employees and are critical…
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Compare PEO vs ASO: Optimize Your HR Approach
In today’s complex employee management landscape, businesses are increasingly turning to Professional Employer Organizations (PEO) and Administrative Services Organizations (ASO) as strategic HR outsourcing solutions. At Cleveland Benefit Partners, we help organizations understand and navigate these critical workforce management decisions. What is a Professional Employer Organizations (PEO) A PEO serves as a comprehensive HR outsourcing…
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Compliance Recap December 2024
TWO BILLS IMPACTING ACA REPORTING REQUIREMENTS Two recent bills signed into law by President Biden are set to ease the Affordable Care Act (ACA) reporting requirements for employers. The Paperwork Burden Reduction Act and the Employer Reporting Improvement Act introduce significant changes to the way employers handle Forms 1095-B and 1095-C, used to report health…
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Everything You Need to Know About PEOs: What is a PEO?
Have you ever wondered how some small businesses are able to offer Fortune 500-level benefits? Or how fast-growing companies handle complex HR processes without hiring a massive team? The answer might just be a PEO. PEO is short for “professional employer organization” and if you’re scratching your head wondering “What the heck is that?”, don’t…
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Unlocking Portfolio Company Potential: The Comprehensive PEO Strategy for PE and VC Investors
The Changing Landscape of Business Growth In the high stakes world of private equity and venture capital, success hinges on more than just the financial investment. Today’s savvy investors understand that the right HR strategy is often the difference between a good investment, and a transformative one. The Hidden Performance Multiplier Recent NAPEO research…
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Top Employee Benefit Trends for 2025
Employee benefits are the indirect and non-cash compensation paid to an employee. These benefits are given to employees over their salaries and wages. As we look ahead to 2025, companies are increasingly exploring innovative solutions to address the evolving needs of their workforce. Driven by shifts in work environments, economic challenges, and technological progress, the…