One of the most important tasks for employers to focus on in preparing to implement the ACA is the determination of who is a full time employee. For employers with over 50 full time employees (or "full-time equivalents"), an employer's failure to offer coverage to just one full-time employee may cause the employer to be liable for a penalty tax of $2,000 multiplied by all full-time employees (less 30). Accordingly, it is extremely important for employers to determine which individuals they employ will be classified as full-time employees. The IRS has established "safe harbors" for employers to use in making this determination. In this session, we will discuss how employers can use these safe harbors and the challenges posed in determining full time status where there are new employees, those with variable hours, leased employees, seasonal workers and those employed by PEOs.
Speakers:
- Steven Friedman, Shareholder, Littler Mendelson
- Melissa O’Shea, Vice President Employee Benefits, DeWitt Stern Group, Inc.
Breakfast & Registration: 8:00 am – 8:30 am
Program: 8:30 am – 10:30 am
Location:
Littler New York Office
900 Third Avenue, 8th Floor
Conference Room A
New York, NY
Continuing Education: Approval pending 2.0 hours of CLE and SPHR/PHR credit
Questions? Email Kellie Nurko or call (973) 848-4752
Speakers
