How to Create a Successful Bonus Program
Bonuses and incentive programs are some of the best ways to motivate employees. However, in order for them to work, they must be equitable, realistic, achievable, and concise. Therefore, a successful bonus program must be thoughtfully designed. Boiled down, a bonus is simply extra money, paid to employees, in addition to their wages or salary.… Continue reading How to Create a Successful Bonus Program
Choosing the Right Salaries for New Employees
Determining the optimal salaries for new employees can be a complex calculation – and the math can change employee-by-employee… even at the same position/level. In order to minimize turnover, you need to set a range for how much employees in each position should be paid. This range is based on your expectations out of the… Continue reading Choosing the Right Salaries for New Employees
Are Your Employees… Employees?
Are you sure you’re classifying… and paying… each of your employees correctly? The determination between whether an employee is a standard employee or an independent contractor has always been a source confusion and frustration. It’s essential for businesses to get it right, because the consequences can be costly. Fortunately, the IRS has some fairly clear… Continue reading Are Your Employees… Employees?
Becoming a Great Remote Leader
Let’s face it… the pandemic has changed how the working world works. Whether it’s a permanent change remains to be seen, but for now, companies must embrace the new normal. With quarantines, mask mandates, varying vaccination statuses, it’s become a simpler and better option for a huge number of workers from different industries to work… Continue reading Becoming a Great Remote Leader
FLSA Mistakes To Avoid
Almost every employer is required to adhere to the Fair Labor Standards Act – the FLSA. However, that’s oftentimes easier said than done. The FLSA is a complex framework, and mistakes are both common and costly – especially for smaller businesses. The Fair Labor Standards Act was enacted in 1938 after a rising demand for… Continue reading FLSA Mistakes To Avoid
Health Insurance Plans and Alternatives for Small Businesses
Health care plans can be a bit of a double edged sword; you can bundle them in with compensation plans to entice talent to join your organization, but the costs can be prohibitive. Plus, with major differences between plans, it can be difficult to pick one that will work for all of your employees. Since… Continue reading Health Insurance Plans and Alternatives for Small Businesses
Paid Vacation Rules
Paid vacation is one of the most common employee benefits offered by employers. Employers are in control when determining home many days of vacation to offer, who can take vacation, how paid vacation days accrues, and when vacation days can be used – so long as they adhere to state regulations. While there are few… Continue reading Paid Vacation Rules
Post-Pandemic Business Health Concerns
While the pandemic has seemingly run its course, it is still impacting how America does business. Rules are changing frequently, sometimes-conflicting guidelines are being issued, and new laws are being passed. Avoiding litigation is a prime concern, as is making sure your top talent is happy, safe, and secure. The 5 most pressing post-pandemic business… Continue reading Post-Pandemic Business Health Concerns
Creating a Post-Pandemic Talent Retention Plan
Attracting talent is a necessary part of the Human Resources equation… but a small business that is able to retain their most talented employees has the potential to grow into a long lived, profitable company. On top of our payroll services, our role with many of our partners is working with them on talent retention.… Continue reading Creating a Post-Pandemic Talent Retention Plan
DOL Withdraws Independent Contractor Rule
In January 2021, the Department of Labor issued a rule clarifying the standard for employees versus independent contractors under the Fair Labor Standards Act. Now, as of May 2021, the Department of Labor withdrew the “Independent Contractor Status Under the Fair Labor Standards Act” final rule. According to the Society for Human Resource Management, “The… Continue reading DOL Withdraws Independent Contractor Rule
