Software solution assists employers with ACA reporting compliance
Automatic advanced tracking for job costing, labor distribution and
regular rate of pay for employees who perform multiple duties at
varying pay scales via the secondary rates feature. The secondary
rates feature also integrates with Insperity TimeStar’s portfolio of
payroll partners, including Sage.
Enhanced views of the organization’s key performance indicators,
including hours and wages, employee counts and scheduled/working
Streamlined access to a timesheet view allowing one-page data entry
and approval for punches, hours, dollars, units and mileage.
Inc. (NYSE: NSP), a leading provider of human
resources and business
performance solutions for America’s best businesses, today announced
the release of Insperity®
TimeStar™ 8.0, a premier employee time and attendance tracking
TimeStar 8.0 helps companies comply with the Affordable Care Act (ACA)
by allowing them to proactively collect, analyze and take control of
employee attendance and labor data – all online and in real time. Under
the ACA, employers will need accurate, timely data on the number of
employees and hours worked by each employee in order to comply with
enrollment and reporting requirements.
“Insperity makes it a priority to consistently deliver advanced
solutions in technology that help business owners meet the demands of
today’s evolving marketplace and remain competitive and compliant,” said
Jim Wacek, Insperity® Time and Attendance division president.
“Insperity TimeStar 8.0 offers the most extensive variety of time
tracking data collection options available, including a comprehensive
secondary rates feature which automates pay scale variations by employee
Labor and personnel costs are often a company’s largest expense, but
organizations that implement TimeStar typically save three to five
percent of payroll costs because the system automates time tracking
processes and increases payroll accuracy. Enhanced capabilities of
Insperity TimeStar 8.0 include: