Talent is located all over the globe, and the pandemic caused many workers to reassess what they want from their lifestyles and move abroad. Additionally, worker shortages have led some companies to hire an employee in another country instead of hiring locally. Can US companies hire employees in other...
The classification of workers as employees or contractors is critical. If you classify a worker as an employee, you have to withhold, report, and pay employment taxes, social security taxes, and Medicare taxes. You also have to pay an unemployment tax on the wages. If a worker is a...
Employee benefits are an essential part of any business’s employee experience strategy. One of the most important reasons to know about benefits is to make sure you’re compliant with local and federal rules and regulations. This article will cover the four significant employee benefits that you should include as...
In today’s economic climate, running a business is no easy feat. Finding qualified employees who can help you grow and who will contribute to your business is difficult enough in addition to making the necessary space on payroll for such an individual. Luckily, the federal government has incentivized hiring...
During the past couple of months, many businesses have been going through audits of their company’s retirement plan. As you may know, these compliance audits differ vastly from the traditional financial statement audits. This is due to not only the compliance regulations of these plans, but also the different...
Your company’s success hinges on its employees. If you have excessive employee turnover, and you are always spending time training new employees, then you are suffering immensely. You are spending out more money than necessary, you see productivity decrease, you have unhappy customers because they aren’t building quality relationships...
Protecting your company through the purchase of various forms of insurance is a risk-management necessity. But just because you must buy coverage doesn’t mean you can’t manage the cost of doing so. Obviously, the safer your workplace, the less likely you’ll be to incur costly claims and high workers’...
Many businesses strive to create employee oriented environments to improve employee engagement. Employee engagement can increase when employees enjoy coming into the office, so there is a good reason to be focused on our work environments. Unfortunately, no matter how much effort goes into improvement by owners, managers, and...
A 2014 survey by the American Psychological Association delivered some pretty startling statistics around employees and trust: 25 percent of those surveyed (employed adults over 18) didn’t trust their employers; and Only about 50 percent believed their employers were open and upfront with them. All employers should take notice...
On a world-wide scale, unresolved conflicts exist all around us, from the current US election to the struggles between nations and the disagreements between large, public companies. Conflicts also show themselves to us on smaller, more personal scales, and those may be more important because they tend to affect...