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Background Checks: What Small Business Owners Need to Consider

by Tim AustinOctober 23, 2018 8:00 AM

A good background check is a protective measure for any small company that allows employers to make a fully-informed decision on a job candidate. For example, an applicant with a past misdemeanor could have learned from his or her mistake and be a great fit for your company. However, that red flag could be a major point of concern if you’re hiring for a position of trust. The point is that a background check will help you know about these potential issues up front instead of having them be nasty surprises for the future.

There are several components to a good background check. Each of these parts provide different bits of information to help employers gain a better understanding of who an applicant is and if there are any issues. However, you also need to make sure that you’re following legal guidelines while you investigate candidates’ backgrounds as well. Here’s what you need to know to stay compliant and what you should include in your next background check.

Background check for a new job applicant. 

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Human Resources

Back-to-School: Employee Training and Performance Management Tips

by Tim AustinOctober 12, 2018 8:00 AM

You don’t need to be in school to learn a few tricks. Employees play a huge part in the success of your business. Retaining and developing a good group of employees can set your business up for bigger things in the future, especially when you consider that replacing an employee can cost up to 50 percent of that employee’s salary.

Employee training and performance management are key HR functions that can help you shape your employees into an even more successful group. Here are some back-to-school tips to help you make sure that your business is on the right path when it comes to training and performance management.

A small business owner going through a performance management review with a happy employee.

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Human Resources

Recruiting Millennials: Ways to Make Your Business More Attractive to Top Young Talent

by Tim AustinSeptember 20, 2018 8:00 AM

It won’t be long before millennials dominate the workforce. The Society for Human Resource Management (SHRM) reports that about a third of the current workforce is comprised of millennials. That same report indicates that millennials “are projected to make up 75 percent of all U.S. employees” by 2025. That means that you’ll probably want to take measures to attract top millennial talent when that generation dominates the pool of available job candidates.

Of course, each generation has different priorities when it comes to finding an employer. For example, cash doesn’t rule everything around millennials. Instead, they tend to value a good company culture and special benefits more than a high dollar number. In fact, Forbes reports that “millennials would be willing to give up $7,600 in salary every year to work at a job that provided a better environment for them.”

Millennials have different expectations than past generations. Here’s what you can do to make your business more appealing when recruiting millennials.

Young professional happily employed by a business that recruited millennials.

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Human Resources

Fundamentals of the ACA: Where it Went Wrong, Part II – The Individual Mandate

by Colin RhodesSeptember 18, 2018 11:00 AM

Following a 19.1 percent-32 percent hike in 2018, 2019 Obamacare rates are expected to rise by double digit percentage points, again. Though speculation by market experts have resulted in a slew of responses as to why premiums have continued to rise, 2019’s increase is one of the most cut and dry responses by insurers to current reform changes. Within this article, we’ll explore the proverbial straw that broke the camel’s back, which happens to be one of the pillars the ACA was built on: the individual mandate.

Medical equipment sitting in front of rising costs of the current healthcare system.

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Benefits

What is the Difference Between Income Tax and Payroll Tax?

by Tim AustinSeptember 14, 2018 8:00 AM

Payroll taxes are complicated, especially when you don’t have any payroll training. Small business owners have several tax responsibilities that they must manage throughout the year, which can take up hours of your time each month. Of course, if you incorrectly calculate the tax withholdings for someone’s paycheck, both the employee and the federal or state government may have a bone to pick with you.

One of the most time-consuming and difficult parts of payroll tax management is that there is more than one type of tax that you need to handle. You are responsible for withholding multiple types of taxes from your employees’ wages, including income tax and payroll tax. These taxes each have specific rules in terms of how you and your employees contribute to them and what groups regulate them. Here’s a rundown of the difference between income tax and payroll tax.

Income tax and payroll tax documents for a small business. 

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Payroll

How to Manage Payroll for a Small Business

by Tim AustinSeptember 12, 2018 8:00 AM

Payroll isn’t nearly as simple as just paying your employees. Payroll management encompasses several different steps and responsibilities. Each part of the payroll process requires you to take certain actions or make decisions that impact how your employees are paid and ensure that your business is compliant with any government regulations that apply.

As a small business owner, it’s your responsibility to either take care of each of these steps—or find someone that you trust to manage payroll for you. Here’s a guide to help you learn what it takes to properly manage payroll for a small business.

A small business owner managing payroll by herself.

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Payroll

HR Considerations for Remote Employees

by Tim AustinAugust 20, 2018 8:00 AM

As time goes by, more employees are working from home. CNN reported in 2017 that “the number of telecommuting workers has increased 115 percent in a decade,” and that nearly 4 million employees spend at least half of their time working remotely

Telecommuting is attractive to employees for many reasons, such as flexible work hours and more time to spend with family, but employers need to consider how the trend will impact their HR initiatives. Here are some ways that remote employees can change how you manage HR.

A small business employee working from home.

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Human Resources

My Intern Experience at GMS

by Raegan SnookAugust 16, 2018 8:00 AM

My experience as an intern at GMS has been nothing short of amazing. In the three months that I’ve been here, I have had times of information overload—in a good way—and times of building relationships. When I talk to my friends about their internship experiences and they begin to explain the tasks they have to complete, I often hear “I just sit at a computer all day and do boring stuff” or “I actually grab coffee for people and organize things for my boss.” When they return the question back to me, it feels a little bit awkward because I could go on forever about what I do here at GMS. So, what has my summer looked like so far at GMS?

Group Management Services employees and interns.

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Grab Bag

A Letter from an Intern

by Leanne GrubbsAugust 13, 2018 8:00 AM

Welcome to GMS! I am so excited for you to start your career with such an amazing company. I was a summer intern in 2018 and learned so much from the people at this company. I figured I’d give you a heads up as to what’s to come.

You’ll feel overwhelmed for sure in your first week. Any time you start something new, you’ll feel that way. Don’t worry though, your new co-workers will help you through it all.

A group of happy GMS employees and interns.

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Grab Bag

What You Actually Learn at an Internship

by Leanne GrubbsAugust 9, 2018 8:00 AM

“How has your internship been going?” I’ve been asked this question more times than I can remember this summer. Family and friends have been seeing my social media posts all summer and are curious as to what I’ve been learning. 

When I was asked this question for the first time, I took a long pause—not because I didn’t know what to say, but because I didn’t know how to put it into words. How do you put into words that you’ve learned more about yourself in 10 weeks than you have your entire life? How do you tell your family that you now have a second family in the office? How do you say that you’re sad to leave your internship when your senior year of college is approaching?

If someone at the beginning of the summer told me that I would feel like this about an internship, I never would have believed them. As I’m getting ready to go back to college, I’ve realized that GMS and the people there have had such an impact on me and have taught me more than I ever expected. These are the top three things they’ve taught me.

Part of the GMS team at an event.

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