As HR prepares for the new year, it’s key to stay ahead of the curve on important dates and compliance requirements. One noteworthy takeaway is that in 2021, some employees and employers can expect 27 pay periods during the payroll calendar instead of the typical 26. In this episode of HR Party of One, we answer why you should rethink your approach to addressing this extra paycheck.
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▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬
CityLab: The Death & Life of the 13 Month Calendar
https://www.bloomberg.com/news/articles/2014-12-11/the-death-and-life-of-the-13-month-calendar
George Eastman: The Importance of Calendar Reform to the Business World
http://myweb.ecu.edu/mccartyr/eastman.html
Referenced Site: University of Minnesota HR: 27th Pay Date FAQs https://humanresources.umn.edu/pay-and-taxes/27pd-faq
Referenced Blog: 2021 Changes to HSA, FSA & Commuter Benefits
https://blog.bernieportal.com/hsa-fsa-commuter-contribution-changes
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#hr , #humanresources , #hrtips , #humanresourcestips , #payroll , #TargetCompensation, #Cotsworth, #smallbusiness , #hrpartyofone , #HR2021
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