Important employment and work place considerations to accomplish for the month of July.
Prepare for shifting health costs
With medical costs expected to rise once again this year it is advised that employers have a game plan that addresses their bottom line in addition to equipping employees to make informed decisions.
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Schedule a company outing
Having an after-hours social event is a great way for employees to socialize outside of the workplace and keeps them engaged and motivated during the summer months.
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File Form 5500 by end of July
The Annual Return/Report of Employee Benefit Plan must be filed by the last day of the seventh month after the plan year ends. Anyone who is on a calendar-year plan must have this in by July 31st.
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