Health care is expensive for businesses. Those who go through insurance companies must deal with rising premiums and growing uncertainty. And the ones that self-fund health benefits are only so insulated from increasing costs. In the search to buttress the bottom line, corporate wellness programs are doing a good job of improving worker health soContinue Reading
Companies with defined contribution or insurance benefit plans have many compliance issues, including the need to report the details of their benefits programs to government agencies. To satisfy the requirements of the IRS and Department of Labor (DOL), businesses must complete and submit Form 5500 during each plan year. Form 5500 FAQ Companies with definedContinue Reading
In accordance with the ACA, businesses converging on (or near to) the 50 employee mark may have difficulty determining if they are subject to new annual ACA reporting beginning in 2016. Use this infographic to see if your business qualifies as an ‘Applicable Large Employer’ and determine the steps to take for accurate ACA reporting. Click here to download asContinue Reading
One part of the Affordable Care Act (ACA) that has business owners shifting toward offering more voluntary benefits is the Cadillac Tax. Due to go into effect in 2018, this 40 percent levy on “high cost” health care plans was created to offset the costs of the ACA. Exposure to the tax is based onContinue Reading
Thanks to changes in workplace law and economic pressures raising health care costs, employers are now leveraging the workplace to improve employee health more than ever before. Today’s workplace wellness programs offer more than just fruit in the vending machines; they take direct aim at employee’s blood pressure, cholesterol, body-mass index and smoking habits. 10Continue Reading
Insurance costs are increasing and employers are feeling the sting. To save costs, many businesses are increasingly doing the exact thing insurance is designed to avoid: self-funding their own benefits programs. One painful reform having a large impact on workplace benefits is the Cadillac Tax, which is designed to help fund the Affordable Care ActContinue Reading
Managing employee turnover isn’t the most glamorous part of running a company. Preparing to open up a vacancy can be just as taxing as filling one. Having a strategy to conduct exit interviews can ensure a smooth and amicable transition for both company and employee. And it might just glean the kind of honest feedback thatContinue Reading
Crafting an effective job description is vital for hiring the right people and managing them once hired. “Effective” isn’t the same as “complex”; a written summary of a person’s job should strive to outline the essential functions, set performance goals, and provide a definition of success upon which both employer and employee can agree. WhatContinue Reading
Communication is the most important part of building a strong workforce. Teams must share a vision, communicate it amongst groups, and give accurate reviews on how their members perform in pursuit of continuing goals. Just when and how such communication should take place, however, is the subject of much debate, whether performance reviews are somethingContinue Reading
ou didn’t go into business to become a bookkeeper, a retirement plan administrator or a monitor for a government bureau. You have a vision, but too often it’s pushed aside when the tasks of administering your business takes precedence. These things need doing, of course, but business owners must take stock of hidden costs ofContinue Reading
The article showcases UniqueHR CEO and President Garry Bradford, an Army-colonel-turned-entrepreneur, whose military and business experience helps him to lead his company’s efforts in assisting transitioning veterans. To read the full article click here. “Throughout their military careers, our armed forces men and women train to be mission-ready, to meet and exceed our country’s highestContinue Reading
We are proud to announce that Entrepreneur Magazine has included UniqueHR in its 2015 Entrepreneur 360™ Performance Index, recognizing us as one of America’s best entrepreneurial companies. The index is a first-of-its-kind listin of businesses that demonstrate measurable entrepreneurial qualities. “This is an honor for our company, our great staff, our clients and our families,” UniqueHR President andContinue Reading
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