Identify FTE status eligibility using the Standard Measurement Period (SMP), Stability Period (SP) and Administrative Period (AP)
Employers that are an Applicable Large Employer and have variable hour part-time employees. There are two methods for determining full-time employee status. The monthly measurement method or the look-back measurement method. Zywave has more detailed information on each method and reasons an employer may prefer one method over another. “A” Penalty Adjusted for inflation: $2,970 for 2024 […]