99 problems but the #ACA ain’t one…
The Affordable Care Act (ACA) is in (some of) the news again. Based on perspectives in the New York Times and Government Health IT, the ACA, or “Obamacare” is working, but I’m sure you can find contrary points of view elsewhere. I also found an excellent review of upcoming ACA dates for employers in the National Law Review. Beginning January 2015 under the ACA, employers with greater than 50 full-time employees must offer healthcare coverage to all employees working 30 or more hours per week or face penalties for not providing affordable coverage.
Since Kronos collects time worked for millions of employees in thousands of US organizations, we can help with ACA compliance. For our Workforce Central customers, we just released version 2.0 of our FT-PT Analysis Report. The report will provide customers accurate information about average hours worked by full-time and part-time employees for a given time period. The FT-PT Analysis Report v2.0 works with Workforce Central v6.x and v7.0.x on SQL Server and Oracle databases. Here’s an overview:
- The report calculates the average weekly working hours over a selected timeframe.
- It distinguishes between employees who have completed their first full year of work based on the Hire Date and those who have started work within the first year.
- Standard HyperFind Queries can be used to filter employees that appear in the report output.
- The report output can also be filtered based on employees who fall below a specified number of hours.
- The report can count actual weeks worked or the weeks an employee was active during the period.
- The report Supports Worker types and hire dates for WFHR customers.
- NEW—The report can project totals into the future to predict how the look back or stability periods will look when complete.
- NEW—The report can be run to just show new hires.
- NEW—When running the report, a user can choose to include one of the seven labor levels in the output. This can allow easy sorting and filtering when running the report into Excel.
Now on to the other 98 problems…