Businesses, insurance companies, and the government all use waiting periods. If you provide company-sponsored benefits to employees, you might decide to set a waiting period. So, what is it?
Read More What Is a Waiting Period for Employee Benefits (Like Health Insurance)?
Letting employees go is never easy. But if you’re dealing with staggering profits, unproductive workers, or the effects of COVID-19, you might not have a choice. When your employees become unemployed, they may be eligible for unemployment benefits. But, how does unemployment work for employers? What are your responsibilities?
Read More How Does Unemployment Work for Employers When a Former Employee Files a Claim?
Are you thinking about hiring an employee? First, you should hash out details about the job. Think about things like how many hours you’ll need the employee to work and what kind of commitment you’re willing to make. Familiarize yourself with different types of employment to pick the right job status.
Read More Understand the Types of Employment to Best Suit Your Business’s Needs
Changing insurance plans can seem like a major hassle for your entire company, especially your employees. But, it doesn’t have to be. Maybe you want to switch plans because your current one is too costly. Or, maybe you have no choice but to switch. Whatever the case may be, changing health insurance plans can be […]
Read More 5 Steps for Changing Insurance Plans at Your Small Business
Does your business have a contract with the government? If so, you may be responsible for following specific federal regulations, like reporting on your efforts to employ veterans. How much do you know about your VETS reporting responsibilities?
Read More Are You Keeping up With Your VETS Reporting Responsibilities?
Ah, performance evaluation season. Some people love it. Others dread it. Whichever side you’re on, evaluations are essential for driving performance and motivating employees. If it seems like your performance evaluation process is falling flat these days, bring it back to life by pumping up your process.
Read More 7 Tips to Pump Up Your Business’s Performance Evaluation Process
If your business has been devastated by the impact of the coronavirus, you might be interested in new ways to cut back expenses. Instead of laying off or furloughing employees as a way to decrease costs, you might benefit from a work share program. What is worksharing?
Read More What Is Worksharing, the Layoff “Alternative?”
At some point or another, you may find the need to temporarily shut down your business. Maybe your business is struggling with cash flow and needs to lay off workers. Or, maybe your business is facing a national emergency, like the coronavirus, and has no choice but to temporarily close its doors. Whatever the case […]
Read More What’re Your Employer Responsibilities During a Temporary Business Closure?
Offering employees the opportunity to contribute to a retirement plan is a benefit many for-profit businesses provide. But, what about nonprofits? If you run a nonprofit with 501(c)(3) status, you can offer your employees a 403(b) retirement plan.
Read More 403(b) Retirement Plan: Option for Nonprofits
Do you have nonexempt employees in your business? If so, you need an overtime policy to set some ground rules. Your employee overtime policy should address things like limits and who can work overtime.
Read More How to Draft Your Business’s Overtime Policy