ICHRAs (individual coverage health reimbursement arrangements) are a relatively new type of health plan that allows employers to offer their employees a tax-free allowance to purchase benefits. While ICHRAs are growing in popularity, many businesses are hazy on the details. Unfortunately, myths and misperceptions about ICHRA could lead a business to dismiss a benefits option that may be right for them. Listen as we debunk:

• [2:46] Myth #1: The marketplace has challenges — ICHRA can’t be good insurance.
• [4:30] Myth #2: A business with no HR department doesn’t have access to enough resources to set up an ICHRA.
• [5:48] Myth #3: It’d be easy for most businesses to administer an ICHRA on their own.
• [7:01] Myth #4: Old HRA models didn’t fit the business before; new ones are probably no different.
• [8:17] Myth #5: Employees will be overwhelmed by the choices in the insurance marketplace.
• [10:25] Myth #6: Employees won’t spend their benefits allowance on health-related expenses.
• [12:01] Myth #7: Switching to an ICHRA will be a pain.

This content is based on generally accepted HR practices, is advisory in nature, and does not constitute legal advice or other professional services. ADP does not warrant or guarantee the accuracy, reliability, and completeness of the content. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This is informational only and not intended as tax or legal advice. Should you have questions you should consult with a tax or legal advisor. This content is current as of the published date.

Copyright © 2024 ADP, Inc. All Rights Reserved. The ADP logo, ADP, RUN Powered by ADP, and HR{preneur} are registered trademarks of ADP, Inc. and its affiliates. All other marks are the property of their respective owners.

Privacy at ADP

An employee handbook is one of the most important documents an employer can maintain. Why do so many employers consider it essential? We'll cover these reasons, and dive into the ways an employee handbook can help you. Listen in to learn more about:

• [0:57] Formalizing policies
• [1:40] Meeting state and local policy and notice requirements
• [3:24] Supporting the onboarding process
• [4:04] Guiding employment decisions
• [4:31] Reinforcing at-will status
• [6:08] Informing employees if they have questions or concerns
• [7:03] And policies considered must-have for a handbook

Learn more about our RUN Powered by ADP® bundles and how our Employee Handbook Wizard can help you create your employee handbook.

This content is based on generally accepted HR practices, is advisory in nature, and does not constitute legal advice or other professional services. ADP does not warrant or guarantee the accuracy, reliability, and completeness of the content. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This content is current as of the published date.

Copyright © 2024 ADP, Inc. All Rights Reserved. The ADP logo, ADP, RUN Powered by ADP, and HR{preneur} are registered trademarks of ADP, Inc. and its affiliates. All other marks are the property of their respective owners.

Privacy at ADP

Interviews are an important part of the hiring process, helping you gather job-related information that you typically can't find through resumes and applications alone. To be effective, interviewers should prepare and ask the right questions. Candidates for the same job should generally be asked the same set of core questions. Here are six key inquiries to consider for your core interview questions, along with the reasons for asking them — and what to look for in responses. Listen in as we cover the following interview questions:

• [1:00] “What do you like and dislike about your most recent job?”
• [2:21] “How do you approach a task that you find challenging?”
• [2:50] “Can you describe a work disagreement you've had with a colleague or supervisor and how you handled it?”
• [3:25] “Can you tell me about your biggest work accomplishment, how you achieved it, and why you're most proud of it?”
• [3:58] “Can you discuss a time when a client or customer was unhappy with you and how you responded?”
• [4:40] “What is the most important thing we should remember about you when we're making our decision?”

This content is based on generally accepted HR practices, is advisory in nature, and does not constitute legal advice or other professional services. ADP does not warrant or guarantee the accuracy, reliability, and completeness of the content. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This content is current as of the published date.

Copyright © 2024 ADP, Inc. All Rights Reserved. The ADP logo, ADP, RUN Powered by ADP, and HR{preneur} are registered trademarks of ADP, Inc. and its affiliates. All other marks are the property of their respective owners.

Privacy at ADP