Compliance
Home / Employer Business Solutions / Compliance
Your Partner in Tailored Benefit Solutions
Today’s regulatory environment creates ongoing risks for an organization. The patchwork of state and federal laws governing benefits increases the complexity of compliance and puts employers at risk for penalties. Understanding the financial, operational, and strategic ramifications of those regulations is a critical, and core, aspect of benefits administration. It is not enough to know about the regulation, organizations need the tools to understand how to comply.
Parrott’s compliance team helps organizations define the “what” in a regulation but also the “how”. This includes assisting clients with educating, interpreting, and managing benefits regulations.
Parrott’s three pillars of policy
Guidance
Communication
Advocacy
Resources
All downloadable files are in PDF format unless otherwise noted. If you do not have Adobe Reader you can get it here free.
News: Compliance
Best Practices for Reclassifying Employees as Nonexempt
The Fair Labor Standards Act (FLSA) provides minimum wage and overtime pay protections to most employees. Employees generally must be
Form 5500 Deadline is July 31st
Each year, employers that are subject to the Employee Retirement Income Security Act of 1974 (ERISA) must electronically file an
2024 CAA Compliance: RxDC Report
EFFECTIVE DATE: June 1, 2024 Under Section 204 (of Title II, Division BB) of the Consolidated Appropriations Act, 2021 (CAA),