2025 W-2 Forms are now available in your GMS Connect employee portal here.

  • Numerous government organizations are dedicated to ensuring workplace safety, maintaining proper labor standards, and overseeing business operations. Among these, the Department of Labor plays a crucial role for all businesses by prioritizing and developing laws on proper labor procedures, workplace safety, employee health benefits, workers’ compensation policies, and more. Understanding how this organization operates and the importance of complying with its laws is essential to successfully managing a growing and compliant business. 

    What is the Department of Labor?

    The Department of Labor (DOL) is a federal agency that focuses on employees by writing and enforcing policies to improve and protect employee rights and worker safety. All DOL policies are developed to improve working and employment conditions for employees and are administered by an elected leadership team on a yearly budget.  

    Importance of the DOL 

    The DOL is responsible for enforcing over 180 federal laws that are crucial to the safety and health of millions of workers. Its authority includes regulations related to labor unions, workers’ compensation, wage garnishment, and veterans’ rights. The DOL’s expertise spans the entire country and a wide range of industries, making it an essential component of the American business landscape. 

    Among the most significant laws that the DOL is tasked with creating and enforcing are the Fair Labor Standards Act (FLSA), the Occupational Safety and Health Act (OSH Act), and the Federal Employees’ Compensation Act (FECA). Without organizations like the DOL, workers would lack the rights and opportunities they enjoy today, and there would be no programs such as the Occupational Safety and Health Administration (OSHA) to protect them. 

    Ways to Ensure DOL Compliance 

    Laws are continually changing, so business owners must stay informed about any law updates or new laws. Since the DOL oversees various industries and pieces of risk management and human resources (HR) functions, it can be challenging for business owners to effectively implement changes and educate their employees about new policies. 

    Stay up to date on current law changes and regulations 

    Depending on the industry you work in, regulatory law changes can be constant or a rarity. Regardless of frequency, staying informed about updates that could affect your business, industry, or employees is essential. To keep up, consider subscribing to official government email alerts or following reliable sources online. Regular reminders about potential changes will help you stay informed, adapt quickly, and implement new policies as needed. Staying current on labor news also reduces the risk of costly penalties from noncompliance or safety issues.  

    Prioritize documentation and employee information 

    To reduce the risk of non-compliance and accompanying penalties, proper documentation should be a priority. Business owners should take great care in protecting employee information, including social security numbers, direct deposit account numbers, birthdates, and more.   

    Employers should also document past workplace injuries, disciplinary actions, or behavioral warnings; to keep a record of past discrepancies and to have them on record, just in case another incident occurs. Proper documentation also makes it easier to pull out relevant information for authorities in case of a surprise audit by OSHA or another federal agency.  

    Educate employees on policies and procedures 

    Proper education is a great way to lower the risk of accidents, injuries, and noncompliance. Schedule monthly or quarterly educational sessions to keep employees up to date on any regulatory changes that impact their employment or benefits. Employers should also hold company-wide meetings to explain any changes to company policies or procedures. This ensures that your workforce understands current procedures and can follow them.  

    Work with experts 

    Compliance isn’t an easy responsibility for business owners to tackle, but it’s imperative to the long-term success of your company and employee retention. Some weeks, there are dozens of new bills that are signed into law, which isn’t easy for a business owner to keep track of on their own. That’s why working with compliance experts or HR partners can help reduce employee risk and non-compliance fees. A third-party company like Group Management Services (GMS) can assist your employees with benefits administration, answer workers’ compensation questions, and consult on HR tasks such as employee handbook development, performance review assistance, new labor policies, and beyond.  

    A Compliance Partner 

    Ensuring company-wide compliance isn’t something that business owners can do on their own. Regulatory compliance is an intricate web that can get confusing quickly. Luckily, professional employer organizations (PEOs) like GMS can offer businesses a helping hand.  

    GMS’ team of HR experts assist you in navigating local and state laws, as well as compliance requirements. They can help you prepare essential documentation, create a communication plan to inform everyone about changes in the law, and provide guidance on best practices to ensure compliance and safety. GMS’ safety team can also conduct safety audits, develop safety plans, and conduct risk management training for your employees. Compliance with important regulatory organizations like DOL or OSHA is extremely important when it comes to running a business. Stay one step ahead of noncompliance fines with the help of GMS. Learn how GMS can help your company stay compliant here.  

  • As the new year approaches and labor market fluctuations continue, it’s more important than ever for business owners to focus on improving employee retention and implementing wellness initiatives. Employee retention rates and wellness policies often go hand in hand; prioritizing employee wellness can lead to better retention and increased loyalty. 

    Essentially, the more you prioritize your employees and their happiness, the more likely they are to engage at work and remain with the company long-term. A great way to prioritize employee wellness and retention is by investing in benefits and offering health care plans. Continue reading to discover more about what benefits business owners should provide and how they can benefit your employees and company.  

    The Advantages of Offering Employee Benefits 

    Recruitment 

    One of the greatest advantages of offering your employees robust benefits is that it makes your company more attractive to potential employees. People want to work for a company that genuinely cares about them and provides them with access to resources that can improve their lives. According to Aflac, 77% of organizations that offer supplemental insurance report that it helps with recruitment efforts. By offering employee benefit plans, business owners can attract top talent, helping them achieve business growth and success.  

    Retention 

    Given the uncertainty in the labor market and the economy, retaining top talent can be challenging. Retaining your current workforce not only improves operational efficiency but also reduces recruitment and hiring costs. Offering employee benefits plans is one of the most effective strategies for improving employee retention. When organizations provide comprehensive benefits, they show their employees that their long-term health, security, and well-being matter. This support fosters loyalty, making employees less likely to seek opportunities elsewhere. In a competitive job market, strong benefits packages can differentiate a company, turning satisfied employees into long-term team members and advocates for the organization. 

    Trust and productivity 

    Offering employee benefit plans can significantly boost productivity and trust within an organization. When employees feel secure about their health, finances, and overall well-being, they are less distracted by personal worries and more focused on their work. Benefits such as health insurance, retirement plans, and wellness programs demonstrate that the company values its workforce, fostering a deeper sense of loyalty and commitment. This trust develops greater engagement, reduces turnover, and creates a stronger workplace culture and long-term organizational success. 

    Employee Benefits That Make a Difference 

    Health Insurance 

    Health insurance plans are the most critical benefit for employees. They provide peace of mind and ensure access to necessary medical care, reducing stress and improving overall well-being. For employers, healthier employees mean fewer sick days and higher productivity. Offering comprehensive health coverage demonstrates that you care about your team’s health and financial security. Employers should also consider offering access to supplemental benefits plans, including dental, vision, and disability insurance. This enables employers to tailor their health benefits to meet the specific needs of their employees.  

    Retirement Plan

    Retirement plans, such as a 401(k) with employer matching, are another top priority for employees. These plans help employees plan for their future and build financial stability. Employers are able to match employee contributions, effectively adding to the employee’s nest egg. When employers contribute to retirement savings, it shows a long-term commitment to their workforce, which fosters loyalty and reduces turnover. Additionally, employer contributions are often tax-deductible, making this a smart financial move for businesses. 

    Paid Time Off (PTO) 

    Paid time off is essential for maintaining work-life balance. Employees need time to recharge, and when they do, they return more focused and productive. PTO also signals that your company values mental health and personal time, which is increasingly important in today’s workplace culture.

    Work From Home 

    Flexibility is an increasingly important perk that employees look for in a role and with a company. Providing resources that give your employees the ability to exercise work-life balance highlights your company’s dedication to employee health and happiness. By developing policies for work-from-home days or flexible scheduling, you’re investing in your employees and their long-term employment.  

    Mental Health Support

    Mental health is just as important as physical health. Providing access to counseling services, therapy sessions, or Employee Assistance Programs (EAPs) helps employees manage stress and maintain emotional well-being. This leads to higher morale, better focus, and reduced burnout. 

    Streamlined Benefits 

    Offering employee benefits is not just about compliance or perks—it’s about building a thriving, loyal workforce that drives your business forward. By investing in benefits, you invest in your people, and ultimately, in your company’s success. There are a myriad of benefits and health insurance plans to offer your employees, but enrollment and employee education can be overwhelming for business owners.  

    Luckily, there are companies like Group Management Services (GMS) that can assist companies with benefits administration, health care plans, and supplemental benefits. As a professional employer organization (PEO), we help you offer cost-effective, high-quality benefits that can compete with those of larger companies, all while saving you time and money. By partnering with GMS, you receive streamlined, all-in-one employee benefits solutions. Learn more about our offerings here!  

  • Payroll errors are costly, time-consuming, and damaging to your company’s reputation. From incorrect tax filings to miscalculated wages, even small mistakes can lead to compliance issues and financial penalties. Fortunately, there are a variety of solutions and steps business owners can take to minimize these risks and ensure a smooth and efficient payroll process.   

    Common Payroll Mistakes 

    On average, U.S. businesses pay $4.5 billion annually in Internal Revenue Service (IRS) payroll penalties. Payroll errors often lead to non-compliance with regulations, which quickly turn into an expensive penalty bill. While experts can make a variety of payroll errors, late filing, employee misclassification, and incorrect filings are among the most common.  

    • Missed deadlines: Whether you’re late submitting your weekly payroll or missing a payroll tax deadline completely, these late filings can lead to costly fines and hurt your credibility as an employer.  
    • Misclassification of Employees: Confusing contractors with employees can result in tax and compliance issues. It can also lead to employee distrust, which increases turnover and damages hiring efforts.  
    • Incorrect Tax Withholding: Failing to stay updated on tax laws can lead to underpayment or overpayment, leading to unnecessary expenses and noncompliance risk.  

    Ways to Prevent Payroll Errors 

    While some payroll errors fall through the cracks, there are ways to significantly reduce the risk of mistakes. Continue reading to learn several ways to prevent errors and minimize the risk involved.  

    Automate Where Possible

    Utilizing an automated payroll system is a great way to streamline processes and minimize calculation errors. With payroll software, you can automate overtime, tax, and deduction calculations, saving yourself time and reducing your stress. Payroll software can also improve employee security and flexibility by storing important information in a safe and secure portal. Employees can also access their paychecks, schedule paid time off (PTO), and more.  

    Laws and regulations are changing every day, and it’s important to stay current on payroll and tax laws as they evolve. Missing a law change can lead to noncompliance, resulting in costly penalties and fines. To ensure compliance, regularly visit government tax or labor sites that post law updates or changes, and consult payroll or financial experts on how to implement any changes.  

    Prioritize Documentation 

    When it comes to payroll, it’s important to prioritize employee information. Storing their personal records, such as their social security numbers or bank account numbers, is vital for proper payment and security. By keeping these records safe and easily accessible, you can ensure proper and timely payment for your employees. 

    Regularly Review Information and Processes 

    Technology and employee information change all the time. Employees may move; they might get a raise or close a bank account; it’s important to be aware of any changes so that you can update your records and continue to provide correct and timely payment. If you utilize payroll automation software, it’s important to stay current on software updates or process changes. To avoid any technical difficulties or improper payment, make quarterly checklists focused on verifying employee information, making proper software updates, and reviewing direct deposit amounts.  

    How Group Management Services (GMS) Can Help 

    As a business owner, you didn’t start your company to be buried in direct deposit forms and payroll checks. You started your business to do what you love and find success while doing it. Companies like Group Management Services (GMS) allow you to focus on business growth while taking on the burden of running payroll, ensuring tax compliance, and calculating overtime deductions. GMS’ payroll software is a safe and secure portal that stores employee information and automates processes, so you don’t have to worry about any discrepancies.

    GMS’ team of financial experts can ensure your compliance, whether you operate in one state or multiple. If you have a tax question or are concerned about changing regulations, our team is here to provide guidance and expertise to help your business grow and thrive. To learn more about our payroll services, click here!  

  • As the end of the year approaches, businesses are reviewing their balance sheets, reflecting on their growth, identifying problem areas, and developing a game plan for 2026. Among the tasks business owners should prioritize completing at the end of the year, performance reviews should be listed at the top. Employees are the lifeblood of a company; checking in with them and monitoring their progress with a performance review is vital to retaining top talent, fostering loyalty, and improving your bottom line. 

    End-of-year performance reviews are an important touchpoint for employers and employees. It’s important to understand how this process benefits your company and the best practices for conducting it. Continue reading to learn more about the benefits of end-of-year performance reviews and how to run them effectively.  

    Introducing Performance Reviews 

    An end-of-year employee performance review is an evaluation of an employee’s performance throughout the year. While the metrics for a successful year depend on the individual, the purpose of these reviews is to help the employee and employer discuss topics ranging from job performance, training, areas for improvement, and career development. These reviews are also great times for employees to discuss compensation, potential promotions or raises, and to strategize for the upcoming year. 

    Benefits of an end-of-year performance review 

    Performance reviews provide a variety of benefits to the entire company. They can: 

    • Build a workplace culture that prioritizes employee growth 
    • Clarify employee expectations and objectives 
    • Foster greater communication across management levels 
    • Improve employee engagement and productivity 
    • Provide personalized guidance on career development 
    • Clarify job expectations 
    • Improve morale 

    Best Practices for Conducting Performance Reviews 

    Prepare thoroughly

    To effectively conduct a performance review, preparation is essential. Gather data from the past year; this data can include peer feedback, the employee’s previous goals, past performance reviews, and self-evaluations. Then, based on that data, develop important talking points for the meeting and make notes on the most important points to discuss.  It’s also key to schedule time at the end of the meeting for employee questions and concerns. 

    Prioritize open communication 

    During the review, encourage your employees to share their perspectives and the challenges they’ve faced this year. Hearing their point of view can strengthen your relationship and allow you to gain a stronger understanding of their strengths, weaknesses, and future goals.  

    Set goals 

    One of the main objectives of conducting end-of-year performance reviews is to track an employee’s professional progress from the beginning to the end of the year. But an equally important objective of these reviews is to plan and set employee goals for the next year. Setting KPIs and goals for the following year acts as a benchmark for progress and professional development.  

    While professional goals differ from employee to employee, they should be specific, actionable, and measurable. By working with your employees on their goals, you can set a precedent for what they should focus on during the next year and help them build a plan for how they are going to achieve them.  

    Maintain regular check-ins

    End-of-year performance reviews are a common process throughout businesses, but you shouldn’t wait until the end of the year to check in with your workforce. By scheduling consistent reviews and check-ins, you foster a culture focused on open communication, employee development, and trust. Employees are also more likely to reach their goals by checking in with their employers and adjusting their benchmarks or KPIs as they see fit.  

    Employee Management Assistance 

    Performance reviews are about growth, communication, and organizational alignment. When approached thoughtfully, they strengthen relationships, enhance productivity, and create a thriving workplace culture. Employees are the cornerstone of a strong and successful company, and by checking in with them, your business is one step closer to overall development and growth.  

    While you may not be an expert in performance reviews, Group Management Services (GMS) can help. With our knowledgeable Human Resources (HR) team, we consult business owners on best practices for employee growth and management initiatives. We can assist with writing employee handbooks, recruitment, employee training, and more. From performance reviews and HR audits to unemployment, GMS can help your business and employees thrive. Learn more about our HR services here!  

  • A new year brings the promise of fresh starts, new beginnings, and change. In 2026, there will be numerous updates to laws and regulations that California business owners need to be aware of. These changes will impact paid sick leave, labor laws, garnishments, discrimination, and more.

    California business owners need to stay informed about these changing regulations to understand how they will affect their employees and business operations. Being aware of these upcoming legal changes ensures that your business remains compliant, safe, and employee-focused.  

    California Law Changes and Updates 

    While the list below doesn’t cover all new or updated laws and regulations, the following are essential for business owners to understand because they involve changes to employee labor laws, employer procedures, and compliance. 

    California Assembly Bill (AB) 288 

    Signed into law in September of this year, California AB 288 extends greater protection to employees if the National Labor Relations Board (NLRB) doesn’t act on an unfair labor practice case. An unfair labor practice is defined as any employer action that violates the rights of employees under federal labor law. Common unfair labor practices include threatening employees with job loss if they join a union, excluding employees from meetings, discrimination, and more.  

    If the NLRB doesn’t act on a case in six months, employees can petition the Public Employment Relations Board (PERB) to step in. PERB has the authority to manage union elections, investigate complaints, and enforce labor laws. Employers who break the rules can face fines of up to $1,000 per violation. 

    California AB 406

    California Assembly Bill 406 significantly broadens employee leave protections for victims of crime and legal obligations related to a crime. Although enacted in October of 2025, this law is still relatively new and important for California employers to understand. Employees may use paid sick leave for jury duty or to testify as a witness under subpoena. 

    Beginning January 1st, 2026, the law establishes that employers provide unpaid leave for employees or their family members to attend judicial proceedings connected to certain crimes, including hearings on victim rights or sentencing. Covered crimes include violent and serious felonies, such as domestic violence, stalking, felony theft, embezzlement, and more. Employers are required to educate and notify their employees on their rights regarding AB 406.  

    California AB 692

    Under this new law, California employers cannot include contract terms that require employees to pay penalties or reimburse costs incurred by the employer if the employee leaves the company, or if the employment ends before a specified time period. These contracts are commonly referred to as “pay or stay” contracts, and these are becoming increasingly frowned upon across all industries. Assembly Bill 692, with very few exceptions, says employers will not be able to recover these funds if they paid for the employees training, for a retention bonus, or other employment-related expenses. 

    For best practice, employers should review current employment contracts to ensure compliance with this new law. Carefully review your current policies and retention strategies to ensure they focus on employee health and wellness. This can be one way to retain your top talent, instead of relying on these contract clauses to keep your team and talent at your company.  

    California SB 261

    California’s SB261 expands the authority of the Division of Labor Standards Enforcement concerning wage claims. A wage claim is a legal process that allows an employee to recover wages they believe their employer has illegally withheld. Common reasons for filing a wage claim include employee misclassification, unpaid overtime, and potential violations of minimum wage laws. This law requires that employers who fail to pay wage judgments within 180 days of the appeal period will face penalties of up to three times the outstanding amount.  

    Employers should prioritize prompt payments in all business areas, not only for wages or claims. This practice will help ensure you do not incur unnecessary costs and will safeguard your reputation as a compliant, employee-oriented company. 

    California SB 294

    Beginning in February 2026, California will require employers to provide annual written notices of labor rights to both current and new employees. These notices must include information about immigration inspections, union rights, workers’ compensation benefits, and other relevant topics. Additionally, employers will need to give existing employees the chance to provide an emergency contact in the event of an accident or workplace injury. 

    Employers should send out company-wide written notices before or on February 1st, 2026. They should also make a note to contact their employees and ask them to name an emergency contact. This should be done by March 30th, 2026.  

    California Compliance with Group Management Services 

    Staying on top of state labor laws can be a challenge for California business owners. New or updated regulations are constantly signed into law, making it difficult for businesses to be compliant and act on new standards in a timely manner. Many businesses could benefit by partnering with a third-party company like Group Management Services (GMS) to ensure their compliance with local and state laws. 

    GMS’ team of human resources (HR) experts helps you stay on top of local and state laws and compliance requirements. They can help you provide necessary documentation, develop a communication plan to share law changes, and consult on best practices to ensure compliance and safety.  

    Learn how to stay compliant and discover how you can benefit from GMS’ services here

  • In every industry, prioritizing worker health and safety should be a top concern for business owners. Although investing in safety measures can be costly, the impact of a worker’s injury or illness can be far more damaging to your business in the long run. For instance, the costs associated with workers’ compensation claims, reduced productivity, and damage to your reputation can quickly accumulate, negatively impacting your business’s success and bottom line for years to come. 

    The Importance of Employee Safety 

    In 2024, U.S. employers reported roughly 1.5 million  work-related injury and illness cases. About  90%  of these cases were injuries, with construction, manufacturing, and transportation as the top industries for injuries to occur. 

    These statistics serve as a reminder that managing the risks associated with operating your business goes beyond simply filing paperwork, writing policies, or providing hard hats. It requires a commitment to prevention and focus on follow-through. Employers have a responsibility to provide a safe and healthy workplace for their employees. One effective way to ensure that your work environment is secure and compliant is by conducting a safety audit. 

    The World of Safety Audits 

    Safety audits are a proven method to ensure that small businesses have the right programs and policies in place to reduce accidents, injuries, and overall risk. A safety audit is a systematic review of workplace processes, equipment, and practices to ensure they meet safety standards and regulatory requirements. Conducting an audit is not just about identifying hazards; it’s about creating proactive and effective solutions.  

    Benefits of conducting a safety audit 

    Conducting a safety audit is beneficial for a variety of reasons: 

    • Ensures regulatory compliance 
    • Reduces the risk of workers’ compensation claims and payments 
    • Develops and enforces a workplace culture focused on health and safety 
    • Boosts employee morale and trust 
    • Improves preparedness for emergencies and accidents

    The Process of Conducting a Safety Audit 

    Preparation 

    To conduct an effective safety audit, start by clearly defining your objectives, whether it’s ensuring compliance, improving safety culture, or reducing incident rates. Gather all relevant documentation, including information on current safety policies, training records, past incident reports, and maintenance logs. 

    Next, prepare a detailed checklist of areas to inspect, focusing on high-risk zones such as machinery or chemical handling stations. Include checking on potential hazards like fire risks, electrical issues, and the proper use of protective equipment. This proactive approach ensures that no area is overlooked and helps identify risks before they lead to accidents. 

    Conducting an audit

    When inspecting the workplace, start with a thorough walkthrough of the facility to observe daily operations and identify hazards such as blocked exits, faulty equipment, or improper use of personal protective equipment (PPE). Pay close attention to high-risk areas and check that machines are functioning properly, meet safety codes, and display the required signage.  

    In addition to physical checks, interview employees to gain insight into operational safety practices and challenges. Encourage honest feedback to uncover gaps in current procedures. Finally, evaluate compliance by comparing your findings against the Occupational Safety and Health Administration (OSHA) standards or other applicable regulations, noting any gaps and prioritizing implementing effective solutions. This approach ensures that both operational and managerial practices are aligned with safety requirements. 

    Reporting 

    After completing the audit, compile all findings into a clear report and assess the severity of each hazard. Prioritize the most critical risks first, as these pose the greatest threat to employee safety and operational continuity. Once the top hazards are identified, brainstorm practical solutions. These may include providing targeted training on specific safety procedures, purchasing new protective equipment such as flame-resistant gloves or hard hats, installing proper signage near high-voltage areas, adding fire extinguishers, or implementing lockout/tagout systems for machinery.  

    Sharing the report with management is essential to identifying the next steps and creating a detailed action plan that outlines responsibilities, timelines, and resources needed to implement the proposed solutions effectively. This structured approach transforms audit results into actionable improvements that enhance workplace safety. 

    A Safety Partner 

    At Group Management Services (GMS), we understand that creating a safe and compliant workplace isn’t just about meeting regulations; it’s about protecting your people and your business. By making them part of your operational routine, you protect your people, your reputation, and your bottom line. Our team helps companies implement proactive safety measures, conduct thorough audits, and develop customized solutions that reduce risk and improve employee well-being. By partnering with GMS, you gain expert guidance and resources to build a culture of safety that minimizes costly incidents and supports long-term success. 

  • As the cost of living and health care rates increase, so does the need for financial support and wellness among employees. Across all industries, the workforce is demanding better benefits and perks, specifically those that focus on lowering premiums, offering stipends, and providing cost savings. The lack of financial support, combined with the skyrocketing everyday costs, is causing a rising wave of stress and uncertainty among the population, leaving individuals searching for a viable solution.  

    As an employer, it’s important to provide resources and tools that promote your employees’ health and wellness, both in and out of the workplace. While there are many ways to support your employees during this time of economic uncertainty, selecting the most impactful solution can be challenging. Continue reading to learn how you can support your employees’ financial well-being. 

    Financial Well-Being 

    Financial wellness refers to the ability to comfortably meet your current financial obligations and expenses. In other words, it means having financial freedom to live your life to the fullest. Although financial wellness may look different for each individual, it offers similar benefits for everyone. Achieving financial wellness can lead to various positive outcomes, including: 

    • Improved mental and physical health
      • Financial concerns and uncertainty can cause stress, depression, hypertension, and sleeplessness. With greater financial stability, people often have lower anxiety, leading to more energy and mental clarity.  
    • Flexibility and confidence
      • Financially stable individuals have more flexibility and confidence in their purchasing choices.
    • Long-term stability
      • With access to greater funds, individuals can invest in their long-term health and financial future. They can invest more money in their retirement, focusing on long-term care and longevity.  

    When an employee is financially stable, they contribute more to your company, offering you a myriad of benefits, including: 

    • Greater engagement and productivity 
      • When employees are financially secure, they can concentrate more on their work and perform their responsibilities with greater care and intention, reducing mistakes and improving overall efficiency. 
    • Increased retention 
      • If an employer offers a great salary and financial wellness programs, they are showcasing their loyalty and dedication to their employees’ well-being. The more you invest in your workforce, the more likely they will stay.  
    • Stronger company culture
      • When employees are financially secure and receive support from their employer, they tend to be more committed to their jobs and demonstrate greater loyalty to their company. When an employer prioritizes employee safety and well-being, it fosters a stronger sense of trust. 

    Ways to Improve Employee Financial Wellness 

    As stated previously, employee financial wellness is incredibly important for your workforce and your company. Prioritizing financial wellness improves productivity, efficiency, loyalty, and morale. But what policies should you implement to promote financial stability?  

    Provide a retirement plan 

    While there are a variety of retirement plans employers can offer, each one provides a resource for future financial planning. Whether you match an employee’s contribution or just offer the plan, you’re granting employees access to a retirement plan and leading them one step closer to long-term stability. 

    View the table below to see the 2025 and 2026 contribution limits set by the Internal Revenue Service. 

    Plan Type 2025 Limit 2026 Limit 
    401(k), 403(b), 457, TSP $23,500 $24,500 
    IRA $7,000 $7,500 
    Catch-up (Age 50+) $7,500 $8,000 
    IRA Catch-up (Age 50+) $1,000 $1,100 

    Offer financial education 

    In order for someone to be financially stable, they must understand what it means and how to achieve it. Conduct workshops, host webinars, or hold meetings centered around debt management, retirement planning, budgeting, and more to help your workforce gain a deeper understanding of financial best practices.  

    Offer earned wage access (EWA) 

    Earned wage access (EWA) allows employees to access a portion of their earned wages before their payday. Employees usually use this program to help pay for immediate expenses like credit card bills or rent. An EWA program reduces stress, increases productivity, and promotes financial stability among the workforce. 

    Offer a group health care plan 

    Help your employees battle rising health care and prescription drug costs by offering a group health plan. With a group plan, you can leverage group buying power, providing access to benefits that smaller companies usually cannot afford. Group health plans expand benefit plan options and reduce premiums.  

    The Key to Financial Wellness: Group Management Services 

    Achieving financial stability is a daunting task as an individual, but as a business owner managing multiple people, it can seem impossible. But with a professional partner like Group Management Services (GMS), achieving financial stability and providing support is possible. 

    With GMS’ Master Health Plan, we can offer customizable group health coverage plans with affordable rates, lower premiums, and a variety of supplemental insurance options. This can save you an average of 24% on employee premiums and 15% on family plans.  

    GMS’ team of experts can also develop training and presentations for your team on financial best practices, budgeting, and more. GMS can help you support your employees’ financial health through our supplemental insurance offerings, 401(k) plans, and beyond. 

    Contact us to learn more about how GMS can support the financial wellness of your workforce! 

  • Across all industries, balancing professional responsibilities and personal time is a challenge, especially for parents. For individuals with families, the demands can feel relentless; after working eight hours, they return home to manage childcare, chores, and errands, creating an endless to-do list. This never-ending cycle leads to exhaustion and mental burnout, which can negatively impact their work performance and their personal life.

    As an employer, it’s essential to understand the needs of your workforce and provide the necessary support. Many parents need to take time off to care for their families, whether that time is planned or unexpected. Seventy-one percent of surveyed caregivers use their time off to catch up on work. Excessive work without rest can lead to burnout, reduced productivity, and lower morale. On the other hand, taking too much time off can lead to unpaid leave, which can negatively impact your employees and your organization.  

    How can you support your working parent employees? Continue reading to discover different ways you can assist your workforce.  

    Provide Flexible Scheduling 

    Flexible and hybrid work schedules are no longer workplace perks; they are a necessity. Parenting lacks a fixed schedule; anything can happen at any time. If one of your employees’ children is sick and needs to be picked up from school, instead of requiring them to take time off, allow them to work from home. Offering flexible scheduling empowers employees to respond to unexpected situations. By trusting your employees and providing them with the option of hybrid or work-from-home arrangements, you can enhance their morale and productivity. Allowing them to take their work home while caring for their children demonstrates your commitment to their well-being and family life. 

    Educate Workers on Family and Medical Leave Act Guidelines 

    The Family and Medical Leave Act (FMLA) allows eligible employees to take unpaid, job-protected leave to care for or support a family member. Employees can take up to 12 weeks of covered leave. Common medical reasons for utilizing FMLA leave include, but are not limited to: 

    • The birth of a child or caring for a newborn child within one year of birth.
    • To care for a spouse, child, or parent who has a serious health condition.
    • Managing a serious health condition that makes the individual unable to perform the essential functions of their job.

    FMLA leave is a valuable resource for employees who need to care for themselves or a family member for an extended time. However, workers are often unaware of the qualifying conditions, coverage options, or what constitutes a serious health condition. Hosting educational sessions, providing resources, and distributing materials on FMLA leave are effective ways to inform your workforce about their options. 

    Increase Parental Leave 

    Typically, paternity leave lasts about a week, while maternity leave can range from four to six weeks. Although the leave timeframe varies based on company policy, expanding the leave available for parents to bond with their newborns can significantly benefit both employees and the organization.  Offering parental leave showcases your dedication to your employees, their health, and their families, fostering a positive culture of trust, loyalty, and appreciation.  

    Provide Access to Employee Assistance Programs

    Employee assistance programs (EAPs) are great tools for working parents to utilize. EAPs can help individuals manage their mental health and stress by providing techniques and tools to regulate their emotions. EAPs can also assist with time management and provide emotional support when they are overwhelmed. As an employer, offering access to an EAP showcases your dedication to employee wellbeing and health.

    Another Helping Hand 

    As a business owner, managing a variety of responsibilities can be overwhelming. Consider partnering with a professional employer organization (PEO), like Group Management Services (GMS), to receive assistance in employee management, supplemental insurance, open enrollment, and more. Running and managing a business is challenging, but with GMS’ expertise, you can easily implement flexible scheduling policies, offer EAPs, and work toward cultivating a positive workplace culture.  

    If you need help managing your employees and improving your bottom line, contact us today! 

  • Last week, California Governor Gavin Newsom announced the approval of a grant to fund apprenticeship programs throughout the state. This $25 million grant, provided by the Employment Training Panel, will support 88 apprenticeship programs aiming to train over 22,000 workers in California. These programs focus on skilled trades, including construction, plumbing, HVAC, and more.  

    Purpose of the Grant 

    According to the Governor’s announcement, the construction industry has a significant impact on California’s economy, with around 156 billion dollars in annual economic activity. With labor shortages in the industry, construction companies are constantly searching for knowledgeable individuals and top talent. With these apprenticeship programs in place, the construction workforce will grow and have more knowledgeable, experienced, and qualified workers.  

    The Importance of Training and Apprenticeship Programs 

    Apprenticeships are paid, job-based training programs that rely on experience and hands-on learning to develop a worker’s skills. These programs normally run for a set period of time and provide a combination of structured classes and real-world experience. While apprenticeships span various industries, they are predominantly utilized in construction, engineering, and plumbing.  

    Regardless of the company or industry, employee training plays a crucial role in individual and business success. Hiring qualified personnel enhances business morale, boosts productivity, and fosters employee loyalty. Proper training bridges knowledge and skills gaps within the workforce, leading to improved adaptability, flexibility, and creative problem-solving, all of which can positively impact your bottom line. 

    Tips for Developing a Strong Training Program 

    Employee training is no longer just a perk; it has become essential for organizational growth and success. Although apprenticeship programs primarily target skilled trades such as construction, engineering, and plumbing, they provide invaluable resources that benefit both employees and businesses. Developing and implementing a robust training program isn’t easy, but it is important. Continue reading for tips on creating a strong training or apprenticeship program. 

    Start with clear objectives 

    To successfully develop a training program, it’s crucial to define what success looks like and what your goals are. Are you aiming to improve technical skills, onboard new hires, or prepare employees for leadership roles? Identifying clear objectives allows you to structure and coordinate your program effectively. 

    Personalize your program 

     A one-size-fits-all approach rarely works in training programs. Tailor your training to accommodate different roles, experience levels, and learning styles. Focus on providing engaging content by using a mix of educational formats such as videos, hands-on practice, presentations, textbooks, and more.  

    Incorporate mentorship 

    Pairing trainees with experienced mentors builds relationships, provides an opportunity to share knowledge and experience, and provides real-time feedback and support. 

    Consistently communicate

    Schedule regular check-ins or meetings to discuss the training program with your workforce. Consistent communication allows you to adapt your program to better meet their needs and evaluate its effectiveness. This approach will help you improve the program for future workers. 

    Group Management Services and Training Development  

    Governor Newsom’s approval of California’s apprenticeship grant emphasizes the importance of continuous training and development. Knowledgeable and experienced workers enhance company morale, operational efficiency, and productivity. Investing in training and apprenticeship programs demonstrates your dedication to your workforce, which fosters a loyal company culture. 

    Training and apprenticeship programs are strategic investments in both your employees and your company’s future. By cultivating a culture of learning, you empower your workforce to grow alongside your business and adapt to future challenges. Group Management Services (GMS) can help you achieve your training goals. Our team of experts is ready to assist in developing personalized employee training courses and streamlining the process.

    If you’re curious about how GMS can support your training initiatives, please contact us

  • Regardless of your business size, prioritizing employee training positively impacts your bottom line, employee productivity, and engagement. According to a global survey, companies are 17% more productive and 21% more profitable when they offer employee training. The right training program differs from business to business, but in order to develop the most beneficial program for our company, business owners must focus on their reskilling and upskilling efforts. 

    Upskilling Overview

    Upskilling aims to refine an individual’s current abilities to improve their knowledge and competence in topics or skills related to their role through training. The primary goal of upskilling is to improve employee performance, increase efficiency, and facilitate career advancement or internal promotions. For example, a construction worker might take a class on hypothermia management to better guide their team in handling cooler weather and treating hypothermia effectively. 

    Reskilling Overview

    Reskilling refers to the process of acquiring new skills for a different position or career path. These skills aren’t related to their current expertise, normally representing a career or industry shift.  For example, a Payroll Specialist who wishes to move into sales might enroll in a course or program that focuses on sales techniques. 

    Benefits of Reskilling and Upskilling 

    On average, companies that focus on reskilling and upskilling efforts see a 24% higher overall profit margin. Although these two training processes differ, they share many of the same benefits, ranging from improved efficiency to increased revenue, and beyond. 

    Gaining new skills or certifications strengthens the workforce by expanding its collective knowledge and skills. When individuals or teams learn new concepts, they can share that expertise with others, effectively closing existing skills gaps and enhancing overall performance within the organization. These processes enhance the overall capabilities of the team, strengthening overall efficiency, productivity, and employee performance. With a wider range of skills and knowledge, employees can boost their efficiency, streamline processes, and develop creative solutions to common challenges faced by the company.  

    Implementing Reskilling and Upskilling Programs 

    Implementing training programs in your company can be challenging. A variety of moving parts must be managed for upskilling and reskilling efforts to be successfully implemented.

    Assess organizational needs and skill gaps

    Begin by identifying the skills that your company currently lacks and those it will need in the future. Engage with your existing workforce by holding a town hall meeting to brainstorm training topics or skills employees are interested in learning or developing. Creating a training program that resonates with employees and aligns with their interests will increase their likelihood of participation and engagement. Make sure to review your strategic goals and align them with your workforce’s capabilities and needs. 

    Define Clear Objectives

    Define the goals of your upskilling and reskilling initiatives. Objectives may include reducing employee turnover, increasing efficiency, introducing new technologies, and enhancing the client experience. After identifying the primary goal of your upskilling or reskilling program, you can create relevant content and training modules that align with this objective.  

    Include a Mix of Training Platforms

    To effectively expand the new skill or learning topic across your workforce, it is beneficial to provide a variety of activities and training. A comprehensive approach may include online courses, interactive workshops, video tutorials, written assessments, group discussions, and hands-on activities. This diversity not only accommodates various learning styles but also provides a deeper understanding of the material. Many organizations streamline this process by using a Learning Management System (LMS), which centralizes training content, tracks progress, and facilitates easier access for employees to manage their development journey. 

    Foster a Culture of Continuous Learning

    One way to promote your upskilling and reskilling initiatives is to communicate these opportunities to your workforce consistently. Sending out emails or mentioning training opportunities during meetings can help remind your workforce of your offerings and how they can benefit their careers.  

    Recognizing learning achievements and course certifications is an excellent way to promote continuous learning within your workforce. Whether it’s sending a company-wide email or giving an employee a shout-out during a meeting, highlighting employee successes and career growth can boost morale and increase loyalty among your workforce. 

    Reskilling and Upskilling Your Workforce 

    Investing in upskilling and reskilling programs is not just an investment in your employees; it’s an investment in your company’s future. Providing training opportunities enhances your bottom line, boosts company efficiency, and fosters employee loyalty. While the benefits of offering training are numerous, creating a program or implementing training sessions on your own can be a challenge. 

    Group Management Services (GMS) is a third-party administrator that can help manage your workforce, save you money, and assist with employee training and development. Our human resources (HR) team can create personalized training tailored to your workforce, allowing you to choose the specific skills or topics that you want your team to learn. Our experts can also support you with employee management, recruitment, and retention efforts. 

    Ready to build a future-ready workforce? We can help. Contact us to learn more.