We are pleased to announce two quick reference tools for 2018. The first is an update to our previously published HR at Work Job Aid, Compensation and Benefits by the Numbers – 2018 Changes, which now includes the IRS mileage reimbursement rate for 2018. The new mileage rate is 54.5¢, up 1¢ from 2017.

The second is an HR at Work Job Aid on the Massachusetts and Federal Workplace Posting Requirements by Company Size. In addition, the actual posters are available on our Resource page, which may be printed on 8 ½ x 11 paper.

For a copy of the updated Compensation and Benefits by the Numbers – 2018 Changes, click here.

For a copy of the Massachusetts and Federal Workplace Posting Requirements by Company Size, click here.

For a copy of any of the posters, click here.

Governor Baker signed An Act Further Regulating Employer Contributions to Health Care (The Act) into law in August 2017, and regulations implementing The Act were issued in late 2017. Issue 6 of HR Insights discusses The Act’s impact on employers. The Act:

  • Temporarily increases the existing Employer Medical Assistance Contribution (EMAC)
  • Temporarily creates a supplemental contribution (or penalty) that employers must pay for employees who have MassHealth or subsidized health coverage through the ConnectorCare program
  • Decreases the scheduled unemployment insurance experience rate to help offset the cost of the increases in the EMAC and the supplemental contribution

To learn more about The Act, click here.

The Tax Cuts and Jobs Act (P.L. 115-97), also known as Tax Reform, was signed into law on December 22, 2017. The new law has been a major topic in the news for several weeks. Issue 7 of HR Insights focuses on some of the changes relating to payroll and benefits, including:

  • Tax withholding tables and Form W-4
  • ACA individual mandate
  • Family and Medical Leave Act tax credit
  • Rollover of defined contribution plan loan offsets
  • Recharacterization of IRA contributions
  • Qualified transportation and bicycle commuting benefits
  • Qualified moving expenses
  • Meals and entertainment expenses
  • Employee achievement awards

 To review our issue of HR Insights, click here.