As the vast body of labor regulations continues to grow and ratchet ever tighter, companies must keep abreast of and comply with hundreds of new workplace requirements each year. This means hiring bigger HR departments, contracting with more outside experts, or both. To staunch administrative outflows and cut through the complexity, many businesses are lookingContinue Reading
The decision to screen job candidates for criminal backgrounds and drug use is often a hard one for businesses to make. Finding the right balance between protecting themselves from liability while still attracting the best job applicants can be tough. But with the right policies and application process, screenings can help a business without hurtingContinue Reading
California businesses take notice: New state laws will soon affect minimum wage, leave, wage equality, reasonable accommodation and motor carrier requirements. Affected businesses need to stay ahead of the changes or face the consequences. Labor Law Changes Minimum Wage Legislation passed in 2013 raised California’s minimum wage would be increased to $10 per hour, effective January 1, 2016.Continue 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
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
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
Do you know how much your employees really cost? Cacluating your true labor burden can be a time consuming and arduous task for many small businesses. You may be surprised to find a number of hidden costs associated with every employee. Everything from unemployment claims to OSHA compliance is often missed in a business owner’s calculations, causing the estimateContinue Reading
Most companies are still adjusting to the Affordable Care Act (ACA). As the law continues to be phased in, human resources departments will likely encounter even more challenges. Familiarize Yourself with New ACA Regulations Compliance with ACA regulations is mandatory This might seem like a no-brainer but, as the Society for Human Resources Management(SHRM) pointsContinue Reading
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