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Second Time Around: What I Learned as an Intern at GMS

by Andrea LibalMay 21, 2020 8:00 AM

During the summer of 2019, I spent my time as a full-time sales intern at GMS, but didn’t want my relationship to end with them just yet. The end of the summer was when I finally felt I had the hang of everything I had learned and I wanted to continue putting myself to use. 

I was lucky enough to go into my senior year at Kent State University with a flexible schedule allowing me to keep an internship while remaining a student. Thankfully, GMS gave me the opportunity to do this internship one-to-two days a week. This time around, I was able to work as the marketing intern under the Marketing Coordinator, Matt Schoolcraft. 

A group of interns and employees in a business setting. 

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Grab Bag

Small Business Relief: Financial Support Programs Available to New Jersey Employers

by Makenzie RizzoMay 18, 2020 8:00 AM

With small businesses still feeling the impact of COVID-19, the New Jersey Economic Development Authority (NJEDA) is attempting to help employers ease their financial burden. Applications for the NJEDA Small Business Emergency Assistance Grant Program may be closed, but the organization still has several other initiatives available for Garden State employers. Here’s a breakdown of some various programs and loans that will be available as of May 18, 2020 or in the near future.

Small Business fund money for organizations in New Jersey. 

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Human Resources

Overwhelming the Healthcare System: Making Dollars and Sense out of Chronic Illness and its Future Financial Impact on the U.S.

by Colin RhodesMay 7, 2020 8:00 AM

“Normalcy”, “Normality”, “Normal”; No more. I’ve never heard the verbal and written abuse of a seemingly, well, normal, word as much as the six-letter description of what is supposed to be over the past three months. For those of us familiar with the U.S. healthcare system, we’ve discarded the word “normal” from our vocabulary long ago.

As many of us anxiously await the “end” of the most recent global pandemic one common phrase has stood out among healthcare industry experts as the most detrimental aspect of the recent outbreak: “overwhelming the healthcare system.” In short, overwhelming the healthcare system can be illustrated by imagining the hospitals in our areas completely overrun with so many COVID diagnoses that it affects the ability for facilities to manage and effectively treat regular hospital patients (not spurred by the pandemic) resulting in worsened health outcomes for all. Luckily, we will avoid a blanketed overwhelming scenario in the U.S. due to this pandemic, but that doesn’t relieve the concern of a looming explosion of chronic illness that is likely to take a similar path within the American population.

An overlay of helathcare system charts from overwhelming chronic illness over basic medical equipment. 

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Benefits

CARES Act Payroll Tax Deferral: What You Need to Know

by Tim AustinMay 5, 2020 4:41 PM

In response to the economic impact of the COVID-19 outbreak, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. Among many different types of loans and incentives, the CARES Act introduced tax relief for businesses in the form of payroll tax credits, enhanced net operating loss (NOL) deductions, and payroll tax deferment. However, the payroll tax deferral section of the CARES Act raised several questions for small and medium-sized businesses, especially those that received loans from the Paycheck Protection Program (PPP).

To help answer these questions, the IRS released guidance on April 10, 2020, regarding payroll tax deferrals. Here’s what business owners need to know when it comes to paying taxes on social security this year.

 Small business owner defers payroll taxes under CARES Act.

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Payroll

Common Furlough Questions Answered for Small Business Owners

by Tim AustinApril 21, 2020 3:00 PM

Whether your business is facing a difficult financial situation or hit a slow season, it may seem like layoffs are your only option. However, there is another way that you can reduce payroll costs without completely cutting jobs: furloughs. 

Furloughs are a cost-saving measure that can provide employers with financial flexibility without completely severing ties with employees. Of course, you’ll need to ask yourself a few questions to figure out if furloughs make sense for your business. 

An empty workplace after a business furloughed its employees. 

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Human Resources

New Jersey’s Salary History Ban: How It Impacts Employers

by Makenzie RizzoApril 14, 2020 8:00 AM

Over the past few years, a growing number of states and cities have banned the practice of using salary history to screen potential new employees. If you’re an employer in New Jersey, you’re now included in that trend. 

Starting in 2020, it’s not a good idea for New Jersey employers to ask job applicants how much they made. The Garden State is now one of 17 states and multiple cities to outlaw pay history questions. While similar in many aspects, New Jersey’s version of the law does have some key differences that can help employers avoid potential penalties.

A New Jersey employer asking for salary history, which is now banned in the state. 

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Human Resources

9 Employee Engagement Ideas for Small Businesses

by Tim AustinApril 7, 2020 4:01 PM

As a business owner, you want your employees to come into work with enthusiasm and motivation to take on the day. After all, employee engagement can be very beneficial to a business in a number of ways. Yet, it’s not often that companies prioritize it. According to Gallup’s State of the American Workforce Report, only one in three employees are engaged at work. Below, we shared some ideas to improve employee engagement within your small business as well as a few key benefits.

 A group of coworkers are enjoying a pizza together at the office during lunch.

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Human Resources

Coronavirus Relief: Who is Eligible for Small Business Loans from the CARES Act?

by Tim AustinApril 3, 2020 12:00 PM

As the Coronavirus impacts businesses everywhere, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide some financial support during difficult times. The $2 trillion Coronavirus stimulus package contains a $349 billion lending program for small businesses, along with other means of relief.

For small business owners, this news provides a form of respite in a difficult time. Of course, now these employers may ask how these loans work and whether they can access them. Read on to find out if your business can apply for a loan and how they impact your operations.

Money from a CARES Act small business loan granted to a business impacted by the Coronavirus. 

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Payroll

Workplace Safety Stories: Quick, Decisive Action After a Tragic Fall

by Paul AldrichMarch 23, 2020 8:00 AM

A workplace accident can be a life-changing event, both for the person injured and an employer. A serious injury can change someone’s life, which in turn can place your business under the spotlight for both the injured employee’s family and OSHA.

While you can’t heal someone’s injury after the fact, there are ways that you can definitively respond to workplace injuries to help avoid future accidents and avoid OSHA intervention. Here’s an example of how GMS helped one company avoid OSHA scrutiny and put practices in place to prevent additional workplace injuries.

Hard hats in place to improve workplace safety for employees. 

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Risk Management

GMS Maintains Service Levels Throughout COVID-19 Pandemic

by Stacey LarotondaMarch 19, 2020 12:03 PM

Addressing common questions and concerns from clients and employees impacted by the coronavirus.

Group Management Services Inc., a Certified Professional Employer Organization based in Richfield, Ohio, assures clients access to the same level of support and resources throughout the Coronavirus pandemic.  

"Our number one priority is getting employees paid and maintaining benefits for those employees," GMS President Mike Kahoe said. "As such, we are offering our customers grace period on all benefits, state unemployment, and workers' comp billings."

GMS wants to address all concerns, starting with the list of common questions we anticipate from our clients and employees.

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Human Resources

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