Employer Compliance Update
Changes to Overtime Regulations
On May 18, 2016, the U.S. Department of Labor (DOL) announced a final rule regarding overtime wage payment qualifications for the “white collar exemptions” under the Fair Labor Standards Act (FLSA).
Employers will need to comply with this rule by Dec. 1, 2016. This means that you will have to make some decisions about raising salaries or paying overtime for any salaried exempt employees who currently make less than $47,476 per year.
Human Resources Toolkits
Generational Management Toolkit
Have you felt a shift in the priorities of your employees? Have you struggled to attract and retain employees of all generations? The workforce is changing. For the first time in history, there is an unprecedented five different generations in the workplace. The priorities and communication styles of these employees can vary greatly.
Download our free toolkit to gain a better understanding of how generations impact employee behaviors and to access some activities you can do to help your team work through generational challenges.
Effective Meetings Toolkit
Anyone working in corporate America will attest to spending the majority of their working time in meetings.While in theory meetings are our jobs and should be the playing field we use to get work done, many meetings are ineffective and considered a waste of time.
If you are looking for ways to improve the meetings in your organization, download our free toolkit for six simple steps to conducting effective meetings.
Did you know that organizations with a standard onboarding process have 50% greater retention rates? Starting a new job is both exciting and nerve-wracking. Help your new employees get off on the right foot with your organization by making sure their onboarding experience is a positive one with our step by step toolkit specifically created for small businesses.
Recruiting Top Talent Toolkit
Having a fine-tuned recruiting process is important for many reasons. The biggest one is that employees are expensive.
Our Recruiting Top Talent Toolkit gives small business owners the step-by-step instructions they need to quickly revamp their recruiting process. Filled with customizable templates, you will be able to immediately hit the ground running and find those great employees you need to take your company to the next level.
Employee Recognition Toolkit
Companies with recognition-rich cultures, experience 31% lower voluntary turnover over the competition and employees who are recognized are 33% more likely to proactively innovate and generate two times as many ideas per month compared to those who aren’t recognized well.
The key to getting this kind of ROI on employee recognition is making it part of your company culture. The Employee Recognition Toolkit provides you with the best practices you need to build a culture of employee recognition at your organization.
The Tax Battle: Group vs. Individual Insurance
One of the biggest benefits to participating in group insurance versus individual insurance is the tax benefit. Employees will notice a significant impact to their take home pay if they are participating in group benefits through their employer versus purchasing insurance on their own, such as those you can purchase through the Exchange. See what a difference group insurance can make to the take home pay of your employees.
ACA Tax Reporting Requirements
See how to determine the tax reporting requirements for your company – In June 2015, the United States Supreme Court upheld the Affordable Care Act in its current form, which means that certain requirements put into place when it was originally signed into law in 2010 are now set to move forward. Even though the employer shared responsibility requirement (also called “pay or play”) was delayed for some employers for 2015, there are still tax reporting requirements for employers with 50-99 full-time equivalent employees.
Independent Contractor vs. Employee
Determine the difference between an employee and an independent contractor – making this distinction correctly can help save you money and protect you from making a costly mistake. The Fair Labor Standards Act provides the basis for determining the difference: The main determination is whether the worker has economic independence and is operating a business of their own (independent contractor) or if they are economically dependent on the employer (employee). See this infographic for the 6 determining factors.
The Importance of Safety Focused Leadership
Small businesses are constantly in the unfortunate position of trying to compete with large corporations with fewer resources in their arsenal. In an effort to do more with less, some small businesses fail to focus on employee safety and risk management. Research shows that not only does a safety focused culture have an excellent ROI, but can also offer small businesses a distinct competitive advantage. See this infographic on the importance of safety focused leadership for tips on setting up a safety program for your employees.