Trends & Insights - page 31
HR News
Protecting Your Data is Critical: Is your employer-sponsored retirement plan keeping up with best practices for information security?
The need to protect data exchanged in connection with 401(k) plans has been highlighted recently due to guidance released by the Department of Labor (DOL). Earlier this year, the Government Accountability Office (GAO) issued a report entitled “Defined Contribution Plans: Federal Guidance Could Help Mitigate Cybersecurity Risks in 401(k) and Other Retirement Plans.” In the report, the GAO found that, while plan sponsors and their service providers (record keepers, third party administrators, custodians and payroll providers) are required to exchange the sensitive personally identifiable information of the over 100 million individuals who participate in defined contribution plans, the DOL had not clarified “the fiduciary responsibility for mitigating cyber risks.”
June 29, 2021 ・3 mins read
Industry Insights
Top Ten Payroll Mistakes to Avoid
As a business owner you may be wearing multiple hats, navigating various federal, state and local laws while managing various other aspects of your business including running payroll successfully.
Payroll mistakes can be costly and can result in damaging employee morale and your company’s reputation
May 12, 2021 ・7 mins read
Benefits
What Is Sick Leave, and What’s Your Plan for Employees?
What is sick leave, and whether it's paid or unpaid, how can your company plan for this type of time off?
April 21, 2021 ・9 mins read
Industry Insights
Five Tips for Supporting an Employee’s Disability in a Remote Work Environment
With the benefits of remote work also come challenges, such as provisions for disability accommodation or medically related leaves of absence. In December 2020, the Department of Labor (DOL) provided limited guidance for employers to lean on, outlining when employers may utilize electronic postings to satisfy notice requirements under certain federal laws like the Family and Medical leave Act (FMLA), and clarifying when telemedicine may count as 'in-person’ visits for the purpose of making FMLA eligibility determinations.
March 24, 2021 ・5 mins read
Culture
How to Write a Policy on Substance Abuse in the Workplace (Free Template)
Here are tips on how to create and enforce a strong policy on prohibiting working while impaired — plus a sample template you can customize for your business.
March 15, 2021 ・7 mins read
Culture
6 Best Practices to Communicate Data-Driven Insights Internally
Learn how to effectively share essential data with your teams.
February 23, 2021 ・7 mins read
Benefits
Are You Tracking Part-time Employees for 401(k) Eligibility?
Through the SECURE Act, employers with a 401(k) plan must allow eligible long-term, part-time employees to contribute to the plan.
February 17, 2021 ・4 mins read
Benefits
Data Reveals United States Ranks Last in Worker Benefits
The U.S. has a lot of catching up to do in workers' rights and benefits. Here is a look at the categories of employee benefits by country, and how the U.S. stacks up.
February 1, 2021 ・10 mins read
Compliance
What You Need to Know About Sending Form W-2s Electronically
Distributing Form W-2s electronically to employees is highly recommended because it saves time and money.
January 28, 2021 ・6 mins read
Compliance
New Massachusetts Paid Family and Medical Leave Program in Effect
A new state program went into effect on January 1, 2021 that provides job-protected paid time off from work for family and medical reasons.
January 25, 2021 ・6 mins read
Culture
Return to Work: Creating a Pet Policy for the Office
Because of sheltering-in-place, many people took the opportunity to adopt pets. But as companies begin to recall employees back into the office, some are wondering if they can bring their furry friends, too.
June 21, 2021 ・5 mins read
Guide to Revising Your Company's Mask Policy [Free Sample Memo]
Here’s how to adapt to new CDC guidance and ensure your company’s mask policies and procedures are updated.
June 3, 2021 ・6 mins read
Talent
Healthcare Professionals: Recruiting the Right Candidates
The roles of healthcare professionals are complex, demanding, and critically important. Here's how to evaluate attributes that make a candidate a good fit.
May 14, 2021 ・5 mins read
Payroll
Pay Compression: How and Why to Recognize and Avoid It
Pay compression, the damaging practice of unfair remuneration, can be remedied with salary analysis and a fair compensation strategy.
March 25, 2021 ・5 mins read
Industry Insights
What you Need to Know About Employer Contributions to Employee Medicare
In today’s environment employees are choosing to delay retirement. According to Matthew Rutledge of Boston College’s Center for Retirement Research, employees are retiring three years later than they did in 1980’s.
March 17, 2021 ・6 mins read
Talent
Corporate Social Responsibility and the Rise of the Gen Z Worker
Gen Z is a force to be reckoned with. Here are tips for hiring them and securing them as customers.
February 24, 2021 ・10 mins read
Industry Insights
HR Ecosystem and Integration Between the Different Systems
A typical HR ecosystem consisting of a comprehensive HR platform and core HR tools helps small and medium size businesses (SMBs) perform everyday HR tasks including but not limited to managing payroll, providing access to benefits and providing HR expertise. These SMBs also may purchase a number of point solutions that solve specific HR needs.
February 23, 2021 ・6 mins read
Culture
Doing More With Less: Dealing With Budget Cuts and Reduced Revenue
Learning to do more with less may be the key to survival for small businesses over the next few months.
February 3, 2021 ・7 mins read
Industry Insights
Data Privacy and What it Means for Your SMB
January 28 marks the 14th annual International Data Privacy Day, that seeks to raise awareness about the importance of privacy, highlight easy ways to protect personal information and reminds organizations about the importance of data privacy. It is critical for businesses to be transparent about the data they collect and create a culture of privacy within their organization.
January 28, 2021 ・3 mins read
Compliance
Tax Credits and Deductions for Employers Offering a 401(k) Plan
Federal tax deduction and tax credits can help offset the cost of starting a retirement plan for your employees.
January 26, 2021 ・8 mins read
Industry Insights
Top Five Tips for Conducting an Effective Performance Review Virtually
As we kick off the new year, many companies will begin their annual review processes. Reviews will most likely look different this year. Many companies shifted from in office workplaces to remote workforces during the pandemic and may be torn with how to maneuver performance reviews this year. It is important to review performance for all employees, even if they are remote and even during a pandemic. It may be easy for remote employees to feel neglected or distant from an organization because they do not regularly interact with coworkers face to face.
January 21, 2021 ・5 mins read
HR News
Protecting Your Data is Critical: Is your employer-sponsored retirement plan keeping up with best practices for information security?
The need to protect data exchanged in connection with 401(k) plans has been highlighted recently due to guidance released by the Department of Labor (DOL). Earlier this year, the Government Accountability Office (GAO) issued a report entitled “Defined Contribution Plans: Federal Guidance Could Help Mitigate Cybersecurity Risks in 401(k) and Other Retirement Plans.” In the report, the GAO found that, while plan sponsors and their service providers (record keepers, third party administrators, custodians and payroll providers) are required to exchange the sensitive personally identifiable information of the over 100 million individuals who participate in defined contribution plans, the DOL had not clarified “the fiduciary responsibility for mitigating cyber risks.”
June 29, 2021 ・3 mins read
Culture
Return to Work: Creating a Pet Policy for the Office
Because of sheltering-in-place, many people took the opportunity to adopt pets. But as companies begin to recall employees back into the office, some are wondering if they can bring their furry friends, too.
June 21, 2021 ・5 mins read
Guide to Revising Your Company's Mask Policy [Free Sample Memo]
Here’s how to adapt to new CDC guidance and ensure your company’s mask policies and procedures are updated.
June 3, 2021 ・6 mins read
Talent
Healthcare Professionals: Recruiting the Right Candidates
The roles of healthcare professionals are complex, demanding, and critically important. Here's how to evaluate attributes that make a candidate a good fit.
May 14, 2021 ・5 mins read
Industry Insights
Top Ten Payroll Mistakes to Avoid
As a business owner you may be wearing multiple hats, navigating various federal, state and local laws while managing various other aspects of your business including running payroll successfully.
Payroll mistakes can be costly and can result in damaging employee morale and your company’s reputation
May 12, 2021 ・7 mins read
Benefits
What Is Sick Leave, and What’s Your Plan for Employees?
What is sick leave, and whether it's paid or unpaid, how can your company plan for this type of time off?
April 21, 2021 ・9 mins read
Payroll
Pay Compression: How and Why to Recognize and Avoid It
Pay compression, the damaging practice of unfair remuneration, can be remedied with salary analysis and a fair compensation strategy.
March 25, 2021 ・5 mins read
Industry Insights
Five Tips for Supporting an Employee’s Disability in a Remote Work Environment
With the benefits of remote work also come challenges, such as provisions for disability accommodation or medically related leaves of absence. In December 2020, the Department of Labor (DOL) provided limited guidance for employers to lean on, outlining when employers may utilize electronic postings to satisfy notice requirements under certain federal laws like the Family and Medical leave Act (FMLA), and clarifying when telemedicine may count as 'in-person’ visits for the purpose of making FMLA eligibility determinations.
March 24, 2021 ・5 mins read
Industry Insights
What you Need to Know About Employer Contributions to Employee Medicare
In today’s environment employees are choosing to delay retirement. According to Matthew Rutledge of Boston College’s Center for Retirement Research, employees are retiring three years later than they did in 1980’s.
March 17, 2021 ・6 mins read
Culture
How to Write a Policy on Substance Abuse in the Workplace (Free Template)
Here are tips on how to create and enforce a strong policy on prohibiting working while impaired — plus a sample template you can customize for your business.
March 15, 2021 ・7 mins read
Talent
Corporate Social Responsibility and the Rise of the Gen Z Worker
Gen Z is a force to be reckoned with. Here are tips for hiring them and securing them as customers.
February 24, 2021 ・10 mins read
Culture
6 Best Practices to Communicate Data-Driven Insights Internally
Learn how to effectively share essential data with your teams.
February 23, 2021 ・7 mins read
Industry Insights
HR Ecosystem and Integration Between the Different Systems
A typical HR ecosystem consisting of a comprehensive HR platform and core HR tools helps small and medium size businesses (SMBs) perform everyday HR tasks including but not limited to managing payroll, providing access to benefits and providing HR expertise. These SMBs also may purchase a number of point solutions that solve specific HR needs.
February 23, 2021 ・6 mins read
Benefits
Are You Tracking Part-time Employees for 401(k) Eligibility?
Through the SECURE Act, employers with a 401(k) plan must allow eligible long-term, part-time employees to contribute to the plan.
February 17, 2021 ・4 mins read
Culture
Doing More With Less: Dealing With Budget Cuts and Reduced Revenue
Learning to do more with less may be the key to survival for small businesses over the next few months.
February 3, 2021 ・7 mins read
Benefits
Data Reveals United States Ranks Last in Worker Benefits
The U.S. has a lot of catching up to do in workers' rights and benefits. Here is a look at the categories of employee benefits by country, and how the U.S. stacks up.
February 1, 2021 ・10 mins read
Industry Insights
Data Privacy and What it Means for Your SMB
January 28 marks the 14th annual International Data Privacy Day, that seeks to raise awareness about the importance of privacy, highlight easy ways to protect personal information and reminds organizations about the importance of data privacy. It is critical for businesses to be transparent about the data they collect and create a culture of privacy within their organization.
January 28, 2021 ・3 mins read
Compliance
What You Need to Know About Sending Form W-2s Electronically
Distributing Form W-2s electronically to employees is highly recommended because it saves time and money.
January 28, 2021 ・6 mins read
Compliance
Tax Credits and Deductions for Employers Offering a 401(k) Plan
Federal tax deduction and tax credits can help offset the cost of starting a retirement plan for your employees.
January 26, 2021 ・8 mins read
Compliance
New Massachusetts Paid Family and Medical Leave Program in Effect
A new state program went into effect on January 1, 2021 that provides job-protected paid time off from work for family and medical reasons.
January 25, 2021 ・6 mins read
Industry Insights
Top Five Tips for Conducting an Effective Performance Review Virtually
As we kick off the new year, many companies will begin their annual review processes. Reviews will most likely look different this year. Many companies shifted from in office workplaces to remote workforces during the pandemic and may be torn with how to maneuver performance reviews this year. It is important to review performance for all employees, even if they are remote and even during a pandemic. It may be easy for remote employees to feel neglected or distant from an organization because they do not regularly interact with coworkers face to face.
January 21, 2021 ・5 mins read
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