Enabling Success: The Ultimate Guide to Mergers & Acquisitions
Over the past 10 weeks, we have taken a deep look at how merger & acquisition (M&A) activity impacts all areas of your business, providing the knowledge and insights to ensure a smooth transition. This convenient checklist allows you to keep a number of key questions in mind as you begin to navigate this process, […]
The Impact of Mergers & Acquisitions: The I-9 Compliance Playbook
Article Written By The Workbright Team Mergers and acquisitions (M&A) are exciting—new markets, expanded resources, and fresh opportunities. But amid the buzz of strategy sessions and celebratory press releases, it’s easy to overlook one small, unglamorous detail: Form I-9 compliance. The Form I-9 is how the U.S. government ensures that every employee is authorized to […]
The Impact of Mergers & Acquisitions on Offboarding Compliance
Separation notices provide former associates with information on their right to file for unemployment after a separation. These notices, and other state or company mandated documents, are an important part of the separation process, but can be challenging to keep up with, especially with constantly changing requirements. Background Although requirements have existed for many years, […]
The Impact of Mergers & Acquisitions on Tax Credits & Incentives
When your organization is acquiring new employees, locations, and/or moving into new states, there are often opportunities to take advantage of these transactions and help offset costs through various tax credit and incentive programs offered by the federal government and individual state and local governments. Unfortunately, tax credits and incentives are an often-overlooked opportunity during […]
The Impact of Mergers & Acquisitions on Your Unemployment Claims Process
Mergers and acquisitions have far reaching implications across your organization. From employee data updates needed for verifications to navigating compliance in new states to unemployment, you need to understand how this activity impacts your organization to prevent disruption and non-compliance. Although state unemployment insurance (SUI) tax accounts might be the most obvious piece of the […]
The Impact of Mergers & Acquisitions on Your Unemployment Taxes
In 1935, the Unemployment Insurance Program was created by the passage of the Social Security Act. Its goal was, and is, to provide financial assistance to individuals during periods of involuntary unemployment. To fund the programs, employers are required to pay State Unemployment Insurance, or SUI, taxes to the state trust funds. Each state operates […]
The Impact of Mergers & Acquisitions on Verifications
The impact of a merger or acquisition spans across your organization. Without careful planning and execution, your employees may feel negative effects from the transition. A key issue for your payroll team and employee population might be associated with historical employee data. In some cases, the acquiring company does not receive historical data from the […]
Important Documentation for Mergers & Acquisitions
During a merger or acquisition, it is important to collect as much historical information and documentation as possible from the predecessor employer. Because states require this information when reporting mergers, acquisitions, internal reorganizations, etc., obtaining information up front will allow you to remain in compliance and ensure a smooth transition. What Documents Do I Need? […]
Unemployment Discharge Challenges – Unsatisfactory Performance
Obtaining a favorable decision on an unemployment claim can be challenging. Certain separation reasons often prove more challenging than others, including discharges for unsatisfactory performance. In a previous post, we discussed challenges associated with attendance separations. Now, we tackle common challenges associated with performance discharges which include:As with attendance – and any disciplinary separation – […]
Unemployment Discharge Challenges – Attendance
Obtaining a favorable decision on an unemployment claim can be challenging. Certain separation reasons often prove more challenging than others, including discharges for attendance. At the unemployment level, common challenges associated with attendance discharges include:Thorough documentation is essential in any disciplinary process. Without detailed records of attendance issues, including dates, times, and any prior warnings, […]