HR Works

The 2024 presidential election holds significant implications for human resources professionals, particularly regarding federal agency regulations. The election outcome will likely influence policies and enforcement priorities at key agencies, including the EEOC, the FTC, ICE, OSHA, the OFCCP, and the U.S. DOL. In this post, HR Works provides an overview of potential impacts employers and HR professionals should be aware of. https://bit.ly/3VNpnI8

The Social Security Administration has announced that the maximum earnings subject to Social Security taxes will increase by 4.4% in 2025. This means the wage cap will rise from $168,600 in 2024 to $176,100 in 2025. https://bit.ly/3ZkqUpX

The Consumer Financial Protection Bureau (CFPB) has recently issued a circular emphasizing the importance of Fair Credit Reporting Act (FCRA) compliance for employers using algorithmic scoring tools in hiring decisions. These tools, which assess and evaluate candidates and employees, are increasingly being used to monitor productivity, predict employee behavior, and make hiring and retention decisions. https://bit.ly/3ZyxEC6

Here at HR Works, we are incredibly thankful for our employees and clients who add meaning to the work we do every day. Wishing everyone a wonderful Thanksgiving filled with gratitude, joy, and great company. Thank you for choosing us as your partner for everything HR! #Thanksgiving #Gratitude #Grateful #HR #CompanyCulture

The IRS has announced that the 2025 contribution limit for health flexible spending accounts will be $3,300, an increase of $100 from the 2024 limit. https://bit.ly/3B6URSf

The U.S. Department of Labor’s Wage and Hour Division has announced an increase in the minimum wage for federal contract and subcontract workers covered by Executive Order 14026. Effective January 1, 2025, the minimum hourly wage for these workers will rise from $17.20 to $17.75. https://bit.ly/4hUphIh

Several states are implementing new minimum wage increases that take effect on January 1, 2025. Employers must stay informed about these changes to ensure compliance and make necessary adjustments in their payroll systems. For a summary of the key updates and recommended next steps for employers, continue reading: https://bit.ly/4fNE7ys

Are you an HR professional who has been looking for the opportunity to expand in both your exposure to HR functions and in your education? We have an elusive opportunity for a Direct Placement opportunity with an organization that offers Tuition Reimbursement! As the HR Assistant, you'll play a pivotal role in supporting the HR team by handling a diverse range of tasks, from recruitment and onboarding to benefits administration and employee engagement. This position offers you the chance to explore different facets of human resources while working in a collaborative and fast-paced environment. Learn more about the position and apply directly on our website! https://lnkd.in/djSP_eV8 #careerdevelopment #tuitionreimbursement #humanresources #hiring #manufacturing #growth #directplacement #rochesterny

The U.S. DOL released a new online resource on October 16, 2024, titled “Artificial Intelligence and Worker Well-Being: Principles and Best Practices For Developers And Employers.” This guidance builds upon the eight core principles released in May 2024, providing additional context and best practices to help employers and developers promote safe and fair AI use in the workplace. https://bit.ly/4hVp3Ar