As you are approaching 50 employees? Here’s what you need to know!

As your business approaches the milestone of 50 employees, you enter a new realm of regulatory responsibilities. 

Compliance has become increasingly complex, from the Family and Medical Leave Act (FMLA) to the Affordable Care Act (ACA) and beyond. Getting through all these requirements can be daunting, but PaisleyHR is here to help.

Our comprehensive PEO services ensure you remain compliant with key regulations, including:

Family and Medical Leave Act (FMLA)

• Private sector employer with 50 or more employees. FMLA requires employers to provide up to 12 weeks of unpaid, job protected leave for their employees.

Affordable Care Act (ACA)

• Employer Shared Responsibility Provision- Employers with 50 or more full-time and/or full-time equivalent (FTE) employees must follow the Employer Shared Responsibility Provision may be subject to penalties.

ACA Reporting

• Once you have 50 or more full-time employees and/or FTE employees, you also have new responsibilities for information reporting.

Form 5500

• Form 5500 is used to collect information on employees’ benefits, including insurance and pension plans.

State Laws

• An organization could be subject to state regulations once they reach 50 employees.

Affirmative Action

• Affirmative action plans (AAPs) outline an organization’s policies and procedures for proactively recruiting, hiring, training, and promoting women, minorities, people with disabilities, and veterans to ensure that all individuals have equal opportunities in employment.

EEO-1 Reporting

• The Equal Employment Opportunity Commission (EEOC) requires all federal contractors who have 50 or more employees to fill out and submit the EEO-1 Report. The report requires employers to provide a count of employees by job and then by race, ethnicity, and gender.