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Business Partner Meetings January 2015 New in 2015 This year will bring new, exciting improvements for Employee Services. – We’re taking a new approach in how to communicate with employees. – We’re launching a host of new tools that will improve our business process and how we manage our workforce. – We’re expanding employee-focused programs to better serve employees. Employee Services Rebrand Debuting in 2015 About Employee Services CU’s workforce is working to shape the future of communities, Colorado and the nation. Employee Services strives to make our workforce stronger, healthier and more secure. We provide a holistic approach to better serve and satisfy our employees. Through your eyes Our Values • Education • Holistic Approach • Strive for Better • Proactivity • Community • Integrity Our Personality • Empathetic • Knowledgeable • Practical • Diligent • Approachable • Straightforward Realigning our services Employee Services will present information in the following five categories: – Benefits & Payroll – Collaborative HR Services – Financial Wellness – Career Advancement & Training – The CU Advantage Communications projects in 2015 • A revamped ES website, with new areas for: – CU Advantage – New employees – New website for business partners • Brochure displays for your office to help employees easily access information … and to help you answer questions. • A new look for emails and newsletters, such as Work/Life and Pay Roles • And more! System Human Resources Updates to the Scope of Work form Scope of Work SOW review is required: • For service providers who are individuals/sole proprietors and operate under a Social Security Number • To determine if the service provider is an independent contractor • To protect CU from penalties if the service provider should instead be classified as an employee Scope of Work Prior to any work being performed: • Read new PSC Procedural Statement Scope of Work (SOW)/Independent Contractor • Complete revised SOW form (describing work, time period, costs) and have service provider sign • Scan and email SOW form to [email protected] • Procedures/form are on PSC website: www.cu.edu/psc Scope of Work Employee Services determines if service provider will function as an independent contractor: • If ES approves SOW form, pay for services through PSC (CU Marketplace) • If ES does not approve SOW, pay for services through payroll (HRMS) • Questions on SOW form? Email [email protected] • Questions on PSC payments? Email [email protected] • Questions on payroll? Contact Campus HR office HCM 9.2 Upgrade Development & Testing Phase Phase III – Winter/Spring 2015 Development, Configuration & Testing Development Summer/Winter 2014 Planning & Design Spring 2014 Development/ Testing – Winter /Spring 2015 Training – Fall 2015 Go Live November 2015 The project team will be putting together work groups to make recommendations/decisions in the following areas: • • • • • Earnings codes, pay groups, additional payments Workflow/routings, transaction approvals Required reporting and the use of the query tools in the CIW Starting our implementation with our 3rd party form provider Work centers/Dashboards – determining what data they should contain • Profiles – finalize recommended use and what data they contain • ePerformance demos and rollout plan HCM Project Roadmap FORMS In conjunction with a third-party provider, the plan is to use forms to do much of the data entry in HCM (Job Actions, Salary Changes, Time Collection) January – March: Forms will be designed and developed May: Forms available for HCM User testing TALEO Oracle Applicant Tracking System to replace Jobs at CU (to be rebranded CU Careers) January – March: Campus HR Office demos and user testing April – June: Configuration and testing of the Taleo Onboarding Module HCM Project Roadmap WORKCENTERS/DASHBOARDS January – March: design and development May: Available for testing ePERFORMANCE Functionality which replicates current performance planning process, incorporates deadlines and allows for expansion January – May: Demos and testing HCM Project Roadmap CIW REPORTS AND QUERY TOOLS January – July: Reports will be designed and developed August – November: User review and training TRAINING Comprehensive HCM User training May - November Financial Wellness Programs available to CU departments and employees Seminars by Request • Variety of topics • Speakers are financial professionals • Held at a time and location convenient for you and your department To learn more or to request a seminar: cu.edu/employee-services/request-financial-seminars Financial Guidance • financial professionals from Fidelity, TIAA-CREF, Vanguard • discuss any topic on which you need advice • can bring a friend or loved one with you • cost is already included in administrative contracts To learn more or schedule: cu.edu/employee-services/financial-consultations Web Resources • Life Events – marriage, SGDPs, having kids, separating – Take Stock | Consider Options | Implement a Plan • Healthy Financial Habits – 10 behaviors to cultivate, presented in bite-sized segments • Personal Financial Check-up – walks you through a review of your financial standing in six key areas • Benefits 101 – Being revised this spring cu.edu/employee-services/financial-education Contact Financial Wellness Josh Brumley, Financial Wellness Project Professional [email protected] Employee Learning and Development Updates to SkillSoft and new resources for employees SkillSoft Upgrade Catalog of SkillSoft courses now provides deep linking Start SkillSoft Visit www.cu.edu/employee-services/eld/catalog SkillSoft Dashboard Visit: www.cu.edu/employee-services/eld/skillsoft/dashboard Other topics: SharePoint 2013 Active Listening Social Networking Meeting management Project Management Health and Wellness Visit: www.cu.edu/employee-services/eld/learning_guides Benefits & Payroll Updates on taxes, new employees and Open Enrollment Tax Reminders • Do you want to update your W-4 for 2015? – Log in to the portal’s CU Resources area (my.cu.edu) – Select Payroll and Compensation – Click on W-4 to update your information. • Did you claim last year that you are exempt from Taxes? – If you filed as tax exempt in 2014, you must complete a 2015 W-4 Form—whether to refile as tax exempt or begin withholding taxes—before Feb. 9. – Otherwise, you will automatically begin withholding the greatest amount of taxes from your paycheck (single, 0). Tax Reminders • W-2s will be mailed by January no later than Jan. 31, 2015 • For Non-resident Aliens, the 1042-S will be mailed no later than March 15 Tax Reminders • The 2015 Social Security wage base is $118,500, which represents a 1.28 percent increase over 2014. • The withholding maximum amount in 2015 rises to $7,347 (6.2 percent withholding on earning up to $118,500). • If 2014 contributions have stopped due to meeting the 2014 Social Security maximum, deductions will resume Jan. 1, 2015. • No maximum applies for Medicare taxes, with a tax rate of 1.45 percent. Tax Reminders • The employee Medicare tax rate remains at 0.9 percent on wages more than $200,000 in a year. • The employee’s actual liability for the additional tax will depend on the employee’s filing status and the amount of wages and other compensation paid to the employee and/or spouse. • The over-withholding and under-withholding of Medicare tax for employees will be reconciled when they file their personal tax returns. New Employees • Ask new employees to complete their direct deposit and W-4 information in the portal (my.cu.edu). There’s no need to submit paper. • Ask employees verify that their address and phone numbers are correct. Open Enrollment Dates Open Enrollment begins at 8 a.m. Monday, April 27, 2015 and ends at 5 p.m. Friday, May 15, 2015 See you in March! The next Business Partner Meetings will be held March 24-26.