Blog

Holiday Pay: How it Works and What it Means for Your Business

by Tim AustinNovember 27, 2019 8:00 AM

The holidays are typically a time of joy and celebration, but they also require business owners to make some additional considerations about holiday pay. This type of pay makes it possible for employees to stay home for a selection of holidays and still get paid for those days. However, this benefit isn’t always a guarantee depending on the needs of your business. 

Are you unsure about how to handle holiday pay for your business? We broke down some common holiday pay questions to help you determine how holiday pay can affect your business and the best plan of action for your specific situation.

A piggy bank with Christmas lights representing holiday pay. 

More...

Tags: , , ,

Benefits | Payroll

Now Hiring: Transportation Industry

by Sidney DossNovember 25, 2019 8:00 AM

It is no surprise, that many companies are currently hiring. With unemployment being at an all-time low, many employers are having a hard time finding quality employees.

One industry that has faced scary headlines is the transportation industry. With the growth of self-driving technology, transportation companies, such as Atlanta-based UPS, one might think that the transportation industry would be hiring at a lower rate or possibly consider laying people off. This happens to be far from the truth. In fact, the transport sector is showing surprising growth. 

A line of trucks being driven by people hired into the transportation industry. 

More...

Tags: , ,

Human Resources

Parental Benefits: Should Your Business Offer Maternity and Paternity Leave?

by Tim AustinNovember 21, 2019 8:00 AM

As a business owner, you have to make countless decisions about the types of benefits your business offers. From health insurance plans to PTO, your benefits package impacts your employees and your bottom line. Deciding on the type of benefits you want to offer your employees, like maternity and paternity leave, can be a tricky situation.

Two new parents with their baby while on maternity and paternity leave from their employers. 

More...

Tags: , , , ,

Benefits

The Different Types of Group Health Insurance

by Tim AustinNovember 14, 2019 8:00 AM

Health insurance is one of the most sought-after employee benefits, but not all health plans work the same way. There are several different types of group health insurance that differ in terms of how the insurance is purchased and how it affects the group’s premiums and plan options. 

Different types of group health insurance plans for small businesses. 

More...

Tags: , , , , , , , , ,

Benefits

How to Fire an Employee: What to Do Before, During, and After Termination

by Tim AustinNovember 7, 2019 8:00 AM

Employees play a massive part in the success of your company. Of course, this also means that a bad employee can also lead to potential inefficiencies and other issues. 

Firing an employee is a difficult reality of running a business. While the situation is unpleasant for everyone involved, there are right and wrong ways to go about the termination process. In fact, there are several steps you need to take before, during, and after you fire an employee. Here’s what you need to know to take the right route during the termination process.

An employee gathering items after being fired by a small business owner. 

More...

Tags: , , , , ,

Human Resources

Small Business Health Insurance Trends 2020

by Tim AustinOctober 31, 2019 8:13 AM

Changes in healthcare are prompting many small business owners to rethink the role of employee benefits like health insurance at their companies. According to PricewaterhouseCoopers, health insurance premiums are expected to rise by 6 percent in 2020, which can weigh heavily on your bottom line. Below, we explored some of the top health insurance trends that will impact small businesses and how you can adapt in the ever-changing benefits landscape.

 Small business health insurance is changing in 2019.

More...

Tags: , , , , ,

Benefits

What the Updates to New Jersey’s Family Leave Laws Mean to Business Owners

by Makenzie RizzoOctober 14, 2019 8:00 AM

The state of family medical leave has been in flux in New Jersey over the past year. In February, Governor Phil Murphy signed an amendment to expand both New Jersey’s Family Leave Act (NJFLA) and Family Leave Insurance law (NJFLI). Those changes went into effect back on June 30, 2019, but they wouldn’t be the only adjustments to leave laws during the years.

As of Oct. 7, 2019, business owners have a pair of new laws to plan for when it comes to how the state processes leave applications. With so many changes, it can be hard to keep all the new family leave updates straight. To help, here’s a breakdown of what business owners need to know about the changes to family leave in New Jersey over the course of 2019 – and why it might be important to business outside the Garden State as well.

A mother taking family medical leave from work after the birth of her new child.

More...

Tags: , , , , ,

Benefits

Florida Bans Vaping in the Workplace: What it Means for Business Owners

by Tim AustinSeptember 30, 2019 8:00 AM

Back in 2018, Florida voted to ban vaping in enclosed workplaces. The new law went into effect in July of 2019, but Florida isn’t alone in its ban on vaping in the workplace. Several other states, including California, New Jersey, and New York, all prohibit the practice in any place where smoking is not permitted, while other states have bans for specific settings, such as in enclosed workspaces or schools.

As more states take action to prevent vaping in workplaces, it’s a good time for business owners both in Florida and outside the state to figure out what they need to do to prepare their company from past and future legislation.

An employee vaping in the office before Florida’s ban on vaping in the workplace. 

More...

Tags: , , , , ,

Risk Management

How Much PTO Should Employees Receive?

by Tim AustinSeptember 23, 2019 5:07 PM

Paid time off (PTO), while an attractive employee benefit, can present some challenges for small business owners. From determining the number of PTO days to creating an employee leave policy to tracking time off, there’s a lot that must be taken into consideration. Use this guide to determine how much PTO your employees should receive.

 Woman travelling on PTO.

More...

Tags: , ,

Human Resources

Department of Labor Issues Final Rule on Association Retirement Plans: What it Means for Small Business Owners

by Tim AustinSeptember 16, 2019 2:04 PM

Retirement plans are one of the most valuable employee benefits offered by organizations today. According to the Society for Human Resource Management (SHRM), the vast majority of workers say having a retirement plan is critical to their overall job satisfaction. Perhaps that’s why this benefit is such a deal breaker for job hunters and one of the main reasons why so many workers stay with their current employers. 

It can be challenging for small businesses, however, to manage the administrative costs and compliance requirements associated with offering retirement savings plans. Only 53 percent of small-to-mid-sized businesses offer a retirement plan, with approximately 38 million private-sector employees without access to one through their employers.

The good news is that may be about to change. In July 2019, the Department of Labor (DOL) clarified the definition of “employer” within the Employee Retirement Income Security Act (ERISA) in sponsoring a multiple employer contribution pension plan. In establishing the ‘final rule', which goes into effect Sept. 30, 2019, the DOL has made it easier and more cost-effective for small businesses to offer retirement plans to employees through Association Retirement Plans (ARPs).

 Retirement savings.

More...

Tags: , , , , ,

Benefits

Back to Top
Contact Us