As soon as you acquire your first employee, you are in charge of managing, calculating, and executing payroll. Because this is a very complicated process, business owners everywhere have been outsourcing their payroll to a third-party provider. However, this decision is not right for all businesses, which is why we’ve constructed this article to break…
Small to mid-sized companies rarely offer 401(k) plans. While offering a retirement plan provides your company with a competitive advantage in recruiting and retaining top talent, most smaller companies simply cannot afford to do so or are afraid of all the paperwork that comes with it. By integrating 401(k) plans into your payroll, you can…
Workplace toxicity can really disrupt the productivity and bottom line of your company. If your employees don’t feel safe, they will be distracted and unable to focus on their work. Implementing a culture that celebrates your employees and allows them to feel like they’re working for a trustworthy company is the best way to keep…
As a small business owner, you know that cash flow is your lifeline and if it’s poorly managed, your business can fail. You must make cash flow management a priority and consistently monitor whether or not you have adequate finances to fund all of your expenses on time. Follow these five tips to help you…
[vc_row][vc_column][vc_column_text]Aside from your employees themselves, your employee handbook is the backbone of your small business. As long as it’s up-to-date and contains all of the necessary items, this guide will aid in employee management and help you remain compliant. But what items should your handbook include? Continue reading as we discuss fifteen different items that…
[vc_row][vc_column][vc_column_text]With flu season in full swing, it’s critical that employers know their jurisdiction, city, and state laws regarding paid sick leave. It’s important to know that if your company has different locations, your sick leave policies may vary between cities and states. There are twelve compliance components for paid sick leave policies, including: Limits Expiration…
Losing employees is very stressful. It’s not uncommon for one employee to leave and more to follow suit immediately after. This leaves you with several questions that are bound to keep you up at night, such as: Have we recorded all of their duties? Who will take over these responsibilities? How much will it cost…
Helping your employees plan for retirement can be stressful and exhausting. There are so many benefit options to choose from, and you are responsible for understanding the ins and outs of all of them, as well as making sure that your employees understand them. Today, we’ll help you break down two retirement plan options: 401(k)s…
Offering competitive benefits packages to recruit or retain high caliber employees can feel impossible when you’re up against a company that’s 20 times your size. You’ll either lose the employee or you’ll get clobbered with ridiculous prices or cheap insurance substitutes that deny virtually every claim that employees submit. Small business owners like you are…
The modern workplace consists of four generations: Baby Boomers, Gen X, Gen Y (Millennials), and Gen Z. The difference in these groups goes far beyond age, and can make managing a multi-generational workplace extremely difficult. It can feel impossible to satisfy all of your employees when each generation has different standards. The techniques that you…
