The Affordable Care Act (ACA) offers you the opportunity to add value to your management system by solving a common problem employers face. The ACA was fully implemented in 2015, but many employers still feel confused and underprepared as they try to meet its requirements. As one of SwipeClock’s partners, you can easily help your clients comply with the regulations by showing them how to utilize TimeWorksPlus and TimeSimplicity.
Data about hours worked by employees is the key to meeting ACA requirements. TimeWorksPlus collects this data and presents it in the Work Week and Work Month reports. In addition to displaying the hours worked by full-time employees, these reports also track the work hours that determine Full-Time Equivalent (FTE) employee status. When employees work 30+ hours per week or 130+ hours per month, employers are required to offer certain ACA-mandated benefits, so TimeWorksPlus lets them see at a glance which employees qualify for these benefits.
While TimeWorksPlus monitors the hours an employee has worked in a week or month, TimeSimplicity proactively manages the employee’s predicted hours or scheduled hours. Using TimeSimplicity scheduling, your clients can determine how many hours an employee should work to ensure they do not fall under the FTE status.
ACA provides a unique opportunity of supply and demand. Your clients need to track their employees’ hours worked to meet legal requirements. Because you are a SwipeClock partner, you have the supplies meet that demand. Working in tandem TimeWorksPlus and TimeSimplicity assist your clients in meeting ACA requirements not only by reporting which employees qualify for full-time status, but also by empowering employers to set thresholds to prevent employee crossover to FTE status.
Now is a great time to demonstrate the value your organization provides to employers. You can capitalize on this opportunity by establishing yourself as a trusted source for ACA compliance. There are two ways to do this:
- Train your existing TimeWorksPlus and TimeSimplicity clients on how to utilize their ACA-related features.
- Read here about 5 things you can do to avoid ACA penalties
- Actively promote TimeWorksPlus and TimeSimplicity as an ACA solution that potential clients need.
If you have questions about leveraging these products to grow your business, please contact your Channel Development Manager .