Industry experts have determined that benefits are growing in importance to job searchers. A new study suggests that 57% of prospective employees rate perks and benefits as major considerations when accepting or declining a job offer. Workplace trends have gotten lots of media attention, with more employers feeling the need to get creative with perks…
As we build greater protections against cyberattacks, criminals find ways to adapt. They adjust their strategies to stay ahead of the law and avoid detection. Their newest tactic is to send individually targeted emails – they aren’t as easy to catch as those that flood email servers by the hundreds. The attacks are not as…
Have you sat down with your CPA to discuss the tax provisions resulting from the passage of the Protecting Americans from Tax Hikes (PATH) Act in 2015? This includes many business deductions that had expired, and it extends others until 2019. The PATH Act contains over 100 tax provisions, so your CPA will be able…
Whether your workers are considered employees or independent contractors will carry significant legal ramifications. With respect to the IRS, ACA (Affordable Care Act), and Department of Labor, it is necessary that you classify your workers accurately. Why it matters Business owners with 50 or more full-time employees have responsibilities under the ACA to offer insurance,…
Are you getting the most out of your interactions with others? Are you hearing what’s being said, or just preparing your response as the other person speaks? Active listening creates an environment that invites an open exchange of ideas. However, we need to cultivate skills for the most effective listening and lead by example in…
Entrepreneurs are driven and passionate about what they do. Starting a new business requires an intense degree of energy and commitment. Business owners can be so eager to build their new companies that they rush through their business plans. This can lead to vague, nonspecific descriptions. Did you get feedback from someone outside your organization…
The Department of Labor has just announced a Final Rule on overtime pay, which means 4.2 million more workers must be paid for overtime work. This Final Rule defines which white collar workers are protected by the Fair Labor Standards Act’s minimum wage and overtime laws. Employers must comply with these new regulations by December…
It’s estimated that Americans have $8 billion in unclaimed pension benefits each year. How is that figure so high? As it turns out, getting your hands on an old pension can be a frustrating process. Most businesses opt to offer the 401(k) as a retirement option, rather than the traditional pension plan. However, many baby…
When you think about networking, do you look forward to the chance to meet new people? Or are you filled with dread? Often, it’s the way we approach networking that colors the experience. Perhaps the biggest misconception about networking is that either you get it or you don’t. In reality, it takes some practice, but…
As a business owner, it’s your job to find the right 401(k) provider to fit your company’s needs. How do you start that process? Here are three questions to ask a prospective 401(k) provider. How would this provider help your employees? Will they be able to retire on time? Numerous employees don’t take advantage of…
