There are costs associated with the investment management and plan administration within a 401(k) plan that are generally passed back to the participants to pay. However, far too often, these participants have no idea they are paying these administrative costs. My goal in this post is to inform you about the costs you may unknowingly be paying and to educate you on the process.
Recently, I chatted with Gerry Alvarado, Vice President and Co-founder of Geralex Janitorial Services, a company that was started more than 14 years ago in the Chicago area to provide environmentally friendly janitorial services to businesses. Gerry spoke about the explosive growth that nearly took his company down, the challenges he faced and the lessons he learned.
If you run a small or midsize business (SMB), there are ways to maintain a clean work environment without breaking the budget. Here are some tips for keeping your office space organized and in top form.
Moving into markets in other countries may sound complicated but it is a lot more attainable than you may think. Here are four of the most common perceived barriers to global expansion and ways an international employer-of-record can alleviate even the most obstinate concerns.
Terminating employees is often difficult and always fraught with considerable legal risk. But there are several key best practices you can follow that can ease the transition and help protect your business.
Establishing hiring best practices can help prevent complaints, claims and lawsuits. Take a critical look at your hiring practices and see if following these guidelines might help reduce your risk and help you hire the quality talent you need.
an EAP is an employer-paid service that provides confidential counseling to eligible employees and their family members, 24 hours a day. Even the smallest employers should consider the benefit that EAP programs can have on not just their employees’ overall well-being but the well-being of their company.
We previously talked about the unemployment benefits appeals process. Here we’ll turn our focus to helping you prepare for the unemployment hearing process.
Coaching and development are critical components of employee management and among the most worthwhile business investments you can make. So how do you lead your team to greatness? Here are some tips for efficiently coaching employees to their best performance.