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Affordable Care Act Adds Additional Layers of Complexity at Tax Time
No CommentsIt’s nearly tax time and this year both individual and business taxes are affected by the Affordable Care Act — also known as the ACA or Obamacare. Employers have to keep tabs on how much take home pay employees are spending on health insurance or face penalties for non-compliance. Individual tax returns now require reporting of health insurance information. Here […]
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Does Your Company Need Employment Practices Liability Insurance?
No CommentsEmployees may file lawsuits against their employers for a variety of reasons — and that can prove expensive, even when employers are found innocent of any wrongdoing. Employment practices liability insurance helps employers cover the costs associated with such lawsuits should they face one. Carrying EPLI can give business owners and executives peace of mind. What is EPLI? EPLI is […]
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Employee or Contractor? Answering Wrong Can Cost Your Company
No CommentsThe rules for classifying employees and contractors can seem tricky at times. Unfortunately, the Internal Revenue Service and the U.S. Department of Labor expect everyone to interpret them correctly and they are cracking down on misclassifications in 2015. If you list someone as an independent contractor and one of these federal agencies determines they should be an employee, you could […]
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More Essential Information About FMLA
No CommentsThe U.S. Department of Labor issued afinal rule Feb. 25 updating regulatory definition of “spouse” for the purposes of the Family and Medical Leave Act. We decided to take this opportunity to look at the DOL’s ruling, as well as some otherFMLA information employers should understand. The New FMLA Definition of ‘Spouse’ The new rule, which goes into effect on […]
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Recognition is an Inexpensive But Effective Employee Retention Tool
No CommentsSmart employers are constantly working to engage and retain their best employees. You may think the only way to do that is through salary bumps that you may not be able to afford. The truth is, though, many employees find other rewards more satisfying than money — especially recognition for a job well done. And they particularly like being recognized […]
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