Tag: full-time equivalent (FTE)

Easy Tips for Employers to Handle Recent ACA Penalties

By Matt Thomas, President at WorkSmart Systems, Inc Mar 5, 2018 Benefits and Compensation

Updated: Mar 5, 2018

Many large employers have been up in arms about receiving Obamacare penalty notices over the past few months indicating they failed to offer qualifying health coverage in 2015. The penalties are amounting to thousands, if not millions, of dollars that may be due to reporting errors.

Determining whether variable-hour employees are entitled to offer of health insurance

By Wisconsin Employment Law Letter Aug 8, 2014 HR Hero Line

Updated: Jan 7, 2018

by Gesina (Ena) M. Seiler Beginning January 1, 2015, the Affordable Care Act (ACA) will require large employers (with 100 or more full-time and full-time equivalent, or FTE, employees–in 2016 it drops to 50 or more employees) to offer minimum essential health insurance coverage to at least 70 percent (increasing to 95 percent in 2016 […]