Skip to content

Tax code changes and where to find help

January 18, 2018

meeting

The new year might be about new beginnings. But for payroll folks, it’s also about wrapping up year-end details. The changes to the federal tax code have thrown employers somewhat of a curveball – the new guidelines for calculating income tax withholdings adding more to the mix.

With the tax reform generating a sizable impact on today’s workforce, I’d like to share a quick list of basic things to know and point out a few helpful resources:

  1. The Internal Revenue Service (IRS) has updated the income-tax withholding tables with new rates to reflect the standard deduction, repeal of personal exemptions, and changes in tax rates and brackets for the 2018 tax year.
  2. The new withholding tables work with Forms W-4. The 2017 Form W-4 should be used until the IRS releases the 2018 Form W-4.
  3. If you’re an employer, you should start using the 2018 withholding tables as soon as possible and no later than February 15, 2018.
  4. If you’re an employee, no action is required on your part at this time.
  5. On the Kronos side, additional information regarding updated tax tables will be included in approaching legislative updates. For Workforce Central Customers, legislative updates are posted in the Workforce HR & Payroll (Alerts) group in the Kronos Community. Workforce Ready Customers can find legislative updates in the Workforce Ready (Announcements) group on the Kronos Community. Make sure you join those groups and set notifications to “Every Post” to be notified by email when they become available. *You must be logged into the Kronos Community to join these groups.

Tools to help you lead the charge:

  • HR and Payroll Answerforce, available from the “Learn” menu tab for all Kronos Community members, offers calculators and wizards to guide you through the process.
  • IRS Withholding Tables Frequently Asked Questions webpage goes into greater detail on the what, why, and how of these new tax changes.
  • Year-End Resources, found on the “Learn” menu tab in the Kronos Community as well, provide tools for Workforce Payroll and Workforce Ready Payroll customers.

You can join the conversation with your peers and Kronos experts in the Workforce Payroll Year-End Discussion group on the Kronos Community.  

Picture1

PODCAST: The story behind the Kronos Community member with 5,000+ comments

January 17, 2018

Perhaps no Kronos Community member has embraced the collaborative and self-service model of the space like Mahren Mahilrajan. With an astonishing number of question responses, Mahren has become an incredibly active and valuable resource since the 2016 launch of the Kronos Community. Mahren’s pay-it-forward approach to helping other customers learn more about their Kronos solutions is quite the inspiration, and I was fortunate enough to chat with him about his story.

From college student to intern to Senior Program Analyst managing Kronos for Montgomery County Government Ohio, Mahren’s professional journey has played a significant role in helping him build the knowledge he shares through his notable participation in the Kronos Community.

You can listen in on a recording of our conversation here:

Newsworthy reading: 5 articles featuring Kronos thought leaders

January 16, 2018

coffeandlaptop Working Smarter Café invites you to warm up your favorite cup of tea or coffee this morning and dive into some good reading. Kronos thought leaders are well-versed, experienced experts in their industries – check out what they have to say on some of the hottest topics in workforce management:

  1. New Tax Code to Test Payroll Pros and Payroll Tech – Malysa O’Connor, Senior Director, HR and Payroll practice group, highlights key challenges stemming from compliance change that can be resolved with a modern SaaS solution (via HR Technologist).
  2. 7 ways tech can ease managers’ employee management efforts – Jennifer Johnson, Retail and Hospitality group lead, shares how employee- and manager-centric workforce management applications can help restaurant supervisors spend time where it matters most (via Pizza Marketplace).
  3. What’s ahead for HR technology – This article features quotes from Bob DelPonte, VP and GM Workforce Ready, on the benefits of HR analytics now and in the future (via Employee Benefit News).
  4. The Hennessy Report – Episode 7 Dave Almeda Kronos (podcast) – Dave Almeda, Chief People Officer, chats with David Hennessy about unlimited vacation policy and improving manager effectiveness (via Northeast Human Resources Association).
  5. Cost-effective Alternatives to Market-based Staffing – Chad Davis, Senior Industry Marketing Manager, blogs about a new twist in the longstanding challenge of staffing branches cost-effectively while meeting customer expectations (via The Branch Experience).

Elevating the next generation of young professionals

January 11, 2018

Let's Get ReadyLast night, I attended the Let’s Get Ready Career Launch event at The NonProfit Center in Boston. Volunteers from the Greater Boston area came together to help students strengthen their resumes, improve their networking and interview skills, and consider which career paths they might like to pursue.

Let’s Get Ready helps nearly 10,000 students – many of which are the first in their families to embark on the higher-education journey – through the college application process including SAT preparation, admission counseling, and post-enrollment mentoring. Program services are peer-driven and delivered largely by volunteers who are working through college themselves.

Programs like Let’s Get Ready play such an important role in providing academically-driven students the guidance they need to secure successful futures. I had a wonderful time volunteering on behalf of Kronos and helping the students work through this major life transition. Hearing about their goals and ambitions was inspiring, and I felt excited to play even a small part in the story of their quest for bigger and better things.

Kronos is a strong believer in investing in young talent. Our internship opportunities provide real-world experience for college students, helping them to build their skills, their professional character, and their resumes. And interns encounter a dynamic mix of work and fun. There’s the Battle of the Interns (see the 2017 results), lunch and learns with Kronos leadership members, and opportunities to give back to the community. Not only do interns finish the program with an enhanced skill set, but they also gain a valuable network of peers.

Get a glimpse of what it’s like to be a Kronos intern in the video below.

New Community Features for Enhanced Member Collaboration

January 9, 2018

I chose reading the news as my 2018 resolution, but a few years ago it was networking I set out to improve. Networking can be a challenge. If you’re someone who isn’t particularly outgoing or forward, striking up conversation at a networking night where you know few people can be somewhat daunting. “The key,” said Shana Lebowitz of Business Insider, “is finding a way to make networking work for you.

CV_at-computerBut networking is more than working the crowd at a professional event. It’s using your resources to make connections in other ways too – like leveraging digital platforms online, for example. There are social media channels, but there’s also the Kronos Community. It’s the best way to meet other people who work with Kronos in the same way you do or who have similar questions about workforce management strategies. Not to mention it provides the opportunity to easily network with Kronos employees and partners as well.

New community features make it easier than ever to collaborate, connect, and engage in conversation:

  1. “People” in search – Now you can search for people based on name, title, email, etc. and then “follow” them on the Kronos Community easily. When you do a global search, “People” will be one of the available search results along with articles, discussions, topics, etc.
  2. Private messaging – Send messages to other registered community members. You can see and compose messages under “My Messages” in your profile tab and in “My Content” on the community home page.

Note: When you registered for the community, the system default displays only your Name, Title, and Nickname in “People” search results, unless you have set your “Profile Visibility” to also display phone and email to community members.

View this post in the Kronos Community by fellow Working Smarter Café blogger Leo Daley for a tutorial on how to update your profiles and edit the information that will show in “People” search results. You can comment and ask questions there as well! If you have trouble accessing the tutorial, try first logging into the Community and then clicking to follow the link. 

When there’s a will, there’s a way: Goodwill of Central and Coastal Virginia provides opportunities for job seekers in their communities

January 5, 2018

“Goodwill was founded on the notion of let’s help people find work,

Goodwill…said Shawn Smith, Director of Workforce Development, Goodwill of Central and Coastal Virginia (GCCVA).

A mission-minded company, Goodwill makes a difference in more ways than one. Many of us know the organization as an established retail provider but the retail side came along as a strategy to support their very powerful mission to provide job seekers the skills they need to become marketable in the workplace. Revenue from the goods we donate to stores goes back into their employment outreach programs helping community members reach their career goals.

Approximately 10,000 individuals enrolled in Goodwill’s job training and career development opportunities last year, with over 2,000 successfully placed in employment as a result of the organization’s efforts. GCCVA specifically hires around 500 to 800 employees each year to fulfill roles in a variety of functions including retail, logistics, marketing, and human resources. Paper timecards, a notorious payroll process, and multiple manual practices made it difficult to perform their operations efficiently. What they needed was a single record system to streamline their workforce strategy.

With Kronos Workforce Ready®, GCCVA employees can let the solution do the hard work for them and free up time to focus on mission-important responsibilities. Deploying Workforce Ready has led to multiple benefits for the organization including less paperwork, less time spent on performance appraisals, and fewer manual errors.

See how Goodwill of Central and Coastal Virginia partnered with Kronos to help further their mission and provide career opportunities for members of the community.

5 Articles on Trends for 2018

January 4, 2018

trends

What’s the buzz for 2018? It’s still early in the new year, and the Internet is bursting with info about trends to watch. I spent some time browsing this morning – here are 5 articles that caught my eye:

  1. 2018 Global Workplace Trends – Workforce Institute board members offer their predictions on workplace trends that will be on practitioners’ minds this year.
  2. Four Key HR Trends to Watch In 2018 – Forbes article on radical changes to the HR landscape.
  3. 7 Customer Success Trends to Watch in 2018 – Seven trends from Gainsight about growing Customer Success functions.
  4. The Top 10 Business Trends That Will Drive Success In 2018 – Cool infographic on artificial intelligence, communities, blockchain, and more!
  5. 12 tech trends that will define 2018 – A list of technologies sure to make their mark on the new year.

One of the hottest, most thought-provoking trends for me is artificial intelligence. My informal, yet informative, search online proved it’s the cause of both concern and excitement. Will it lead to economic disruption and take away jobs? Will robots further advance medical care and will driverless vehicles improve fuel efficiency? Only time will tell, but I have a feeling we won’t have long to wait to find out.

%d bloggers like this: