PES Payroll Launches New Service for Employers in Entertainment and Advertising Industries
By Sandy Drayton |
New Service Provides Tools To Ensure Employers Are Compliant with Affordable Care Act (ACA) Reporting Requirements
Burbank, CA (August 24, 2016) – PES Payroll, an Extreme Reach company and a leading provider of Employer of Record (EOR) payroll services to the entertainment and advertising industries, announced today a unique service to help employers meet ongoing Affordable Care Act (ACA) compliance requirements.
“As employers continue to struggle with the impacts of the ACA implementation, along with managing the numerous changes, it is essential that they understand what they must do to ensure compliance with employer mandates and avoid any potential penalties,” said Sukhi Pabla, Director of Health Services. “Organizations in our industry are experiencing increased responsibility to remain compliant with ongoing ACA reporting requirements.”
Internal Revenue Code Section 6056 requires all Applicable Large Employers (ALEs) to file an annual report that ensures compliance with the Affordable Care Act (ACA) employer shared responsibility provisions. The reporting includes information on all full-time employees who were offered, or not offered, health insurance coverage, and the cost of that coverage on a month-by-month basis. This requires aggregating payroll and health insurance data across all entities within the larger organization while also filing per each individual legal entity.
“To help employers navigate this complex payroll and health insurance landscape, PES has launched a suite of value added services designed to make it both simple and cost-effective for employers to get the compliance services they need, when they need them,” added Pabla.
PES Payroll’s ACA Compliance Management Service Offerings include:
“Our industry continues to evolve and become more complex with regard to state and federal data tracking and reporting requirements,” said JP Fiorentino, Managing Director. “We understand that our clients turn to us, as their service provider, to mitigate their risks. With these value-added services, PES is helping employers reduce their risk by ensuring that they are in compliance at all times. In the coming months we will announce additional services and tools as part of our newly formed health services division.”
About PES Payroll
For over 20 years, Professional Entertainment Services (PES) Payroll has been an industry leader in Employer of Record payroll services, innovative technology solutions & personalized customer service. PES assumes the role of employer of record for temporary and contract workers in the entertainment industry such as cast, crew, and support departments. As an Employer of Record (EOR) PES is responsible for administrative obligations such as complex payroll calculation, issuance of paychecks, benefits management, and the submission and management of worker’s compensation, unemployment and general liability insurance. The Company addresses payroll paperwork, taxes, deductions and crew and performer union benefits contributions in all 50 states and Canada. For more information, please visit pespayroll.com.
About Extreme Reach
In addition to being the third largest Employer of Record (EOR) in the US, Extreme Reach offers the only enterprise technology designed distinctly to bring together the TV and Video ad workflow and all aspects of Talent & Rights management in a single, easy-to-use cloud platform. One platform and one process make brand advertising easier, and analytics more insightful, with the assurance of rights compliance wherever ads play. Founded in 2008, Extreme Reach proudly serves the world’s biggest brands, agencies, post-production houses, all media destinations, and the talent community, altogether simplifying the process for every team that touches an ad campaign from start to finish. Headquartered in Needham, MA, Extreme Reach has offices in 21 cities worldwide. For more information, visit extremereach.com.