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Trends & Insights - page 58

Recognize and Celebrate Your Team This Employee Appreciation Day

Recognize and Celebrate Your Team This Employee Appreciation Day

The COVID-19 pandemic has brought many unprecedented challenges upon us. As a company leader, you worry about the wellbeing of your workforce among other priorities. Your people are your biggest asset, and you want to recognize their contributions. With your team most likely working remotely and still not fully back in the office, you can no longer plan a company lunch or different celebration.

Paycheck Protection Program Flexibility Act: Update for Small and Medium-Size Businesses

On Friday June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act (Flexibility Act) which will implement substantial changes to the Paycheck Protection Program (PPP). We have been following and updating you on the latest guidance on PPP as issued by Small Business Administration (SBA) through our blog and our recent webinar series. And now we provide you with the summary of the Flexibility Act that will help you pivot and adjust as necessary.

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.”

Business in California is About to Change: Here is What California Business Owners Need to Know Before January 1, 2018

A flurry of new laws will sweep California starting on January 1, 2018, impacting California businesses of all sizes. These laws run the gamut, affecting parental leave, hiring, minimum wage and expanded harassment training. Let’s dive in to a few of these changes in more detail and what you need to know to prepare.

Performance Management

How to Fire Someone Without Getting Fired Up

As a business leader, you will eventually be faced with the unfortunate task of firing an employee. Here are some sanity-saving tips for approaching your employee with the news, without losing your cool.

The Unemployment Road Map, Part 5: Timely, Sufficient and Adequate Responses

Separation issues represent the largest cause of overpayments that employers can control. Inaction on the part of employers, including either the failure to respond to state requests for information or responding with inadequate information, can contribute significantly to benefit overpayments.

4 Budget-Friendly Corporate Wellness Tips

Many small businesses want to support their employees’ health but few have room in the budget to launch a big corporate-style wellness program. Here are four of my favorite low-cost, high-reward strategies for supporting healthy, active lifestyles for your employees:

Overtime Rule Delay -- What Actions Should You Take?

As you may have heard, a federal court issued an order blocking the new Fair Labor Standards Act overtime rule from taking effect on December 1, 2016. Many businesses had already made plans to implement changes based on the anticipated effective date, but now that the rule has been delayed, perhaps indefinitely, they are wondering what to do next.

Survey Reveals How Employees Feel About Company-Sponsored Holiday Parties

With the holiday season approaching, a survey released by TriNet reveals how employees at SMBs feel about their company-sponsored holiday party. The overall sentiment was positive with people saying they attend, look forward to and enjoy the company holiday party. However, many prefer a cash bonus or office closure during the holidays.

4 Ways to Coach Your Employees to Success

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.

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.

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.

Industry Insights

Medicare Open Enrollment has Begun: Are You Ready?

Medicare open enrollment kicks off on October 15 and we want to share information to help you prepare. As with most enrollment periods, you may have questions about plan options and if Medicare enrollment may affect participation in employer-sponsored benefits. Help is here to untangle the mysteries of Medicare open enrollment for you and your employees!

5 Workplace Trends That Will Shape Company Culture in 2017

5 Workplace Trends That Will Shape Company Culture in 2017

One of the biggest challenges businesses face today is employee engagement and retention. Workers are bouncing between jobs at a rate twice as high as they were a decade ago and company culture is often the reason given for leaving, or taking, a job. Here is a list of top five trends that will shape company culture in 2017.

Confused About Your Retirement Benefits Fees? Allow Us to Explain…

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.

The Unemployment Road Map, Part 2: Control Unemployment Insurance Costs by Using Effective Hiring and Onboarding Practices

While the states set unemployment insurance (UI) rates, employers can control costs by implementing best practices when it comes to hiring. Correct hiring and onboarding procedures can improve your UI rates and help you keep more of your firm’s revenue.

5 Myths Around 401(k) Plans, Debunked

While the benefits of offering a 401(k) are obvious, the substantial amount of misconceptions could steer employers away from offering a 401(k) plan to themselves and their employees, as well as stall their ability to save for retirement. Read on as we debunk five myths making the rounds.

The Benefits of Offering Telemedicine to Your Employees

Advancements in technology -- including video chat apps -- have made the delivery of remote healthcare or “telemedicine” more convenient than ever. Now you can receive care without being in the same room as your healthcare professional. This is why telemedicine options have become one of the most recent innovations to help contain the cost of providing healthcare services.

Millennials are the Largest Share of the U.S. Workforce. Here is the One Way HR Can Capture their Attention

Are you finding it hard to stick to your New Year's resolution to be more productive? Check out these tips for overcoming three common productivity hurdles.

With so many demands on your time, it’s easy to be affected by productivity hurdles. Productivity is usually tied to other vital business outcomes, such as employee morale, efficiency and the bottom line. Improving your productivity game can have a positive impact on your overall business success. If you are struggling with becoming more productive in 2018, below are three HR-related productivity hurdles that business owners commonly face and a few solutions that might help you overcome them.

Why Now Might be a Good Time to Consider a High-Deductible Health Plan

With healthcare reform currently in flux, many business owners may find themselves trying to grapple with the best way to continue providing their employees with competitive benefits. While TriNet can help individual businesses design a benefits strategy that works for their industry, location and size, now may also be a good time for businesses across the country to take a closer look at high-deductible health plans (HDHPs).

Recognize and Celebrate Your Team This Employee Appreciation Day

Recognize and Celebrate Your Team This Employee Appreciation Day

The COVID-19 pandemic has brought many unprecedented challenges upon us. As a company leader, you worry about the wellbeing of your workforce among other priorities. Your people are your biggest asset, and you want to recognize their contributions. With your team most likely working remotely and still not fully back in the office, you can no longer plan a company lunch or different celebration.

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.

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.

Industry Insights

Medicare Open Enrollment has Begun: Are You Ready?

Medicare open enrollment kicks off on October 15 and we want to share information to help you prepare. As with most enrollment periods, you may have questions about plan options and if Medicare enrollment may affect participation in employer-sponsored benefits. Help is here to untangle the mysteries of Medicare open enrollment for you and your employees!

Paycheck Protection Program Flexibility Act: Update for Small and Medium-Size Businesses

On Friday June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act (Flexibility Act) which will implement substantial changes to the Paycheck Protection Program (PPP). We have been following and updating you on the latest guidance on PPP as issued by Small Business Administration (SBA) through our blog and our recent webinar series. And now we provide you with the summary of the Flexibility Act that will help you pivot and adjust as necessary.

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.”

5 Workplace Trends That Will Shape Company Culture in 2017

5 Workplace Trends That Will Shape Company Culture in 2017

One of the biggest challenges businesses face today is employee engagement and retention. Workers are bouncing between jobs at a rate twice as high as they were a decade ago and company culture is often the reason given for leaving, or taking, a job. Here is a list of top five trends that will shape company culture in 2017.

Business in California is About to Change: Here is What California Business Owners Need to Know Before January 1, 2018

A flurry of new laws will sweep California starting on January 1, 2018, impacting California businesses of all sizes. These laws run the gamut, affecting parental leave, hiring, minimum wage and expanded harassment training. Let’s dive in to a few of these changes in more detail and what you need to know to prepare.

Confused About Your Retirement Benefits Fees? Allow Us to Explain…

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.

Performance Management

How to Fire Someone Without Getting Fired Up

As a business leader, you will eventually be faced with the unfortunate task of firing an employee. Here are some sanity-saving tips for approaching your employee with the news, without losing your cool.

The Unemployment Road Map, Part 2: Control Unemployment Insurance Costs by Using Effective Hiring and Onboarding Practices

While the states set unemployment insurance (UI) rates, employers can control costs by implementing best practices when it comes to hiring. Correct hiring and onboarding procedures can improve your UI rates and help you keep more of your firm’s revenue.

The Unemployment Road Map, Part 5: Timely, Sufficient and Adequate Responses

Separation issues represent the largest cause of overpayments that employers can control. Inaction on the part of employers, including either the failure to respond to state requests for information or responding with inadequate information, can contribute significantly to benefit overpayments.

5 Myths Around 401(k) Plans, Debunked

While the benefits of offering a 401(k) are obvious, the substantial amount of misconceptions could steer employers away from offering a 401(k) plan to themselves and their employees, as well as stall their ability to save for retirement. Read on as we debunk five myths making the rounds.

4 Budget-Friendly Corporate Wellness Tips

Many small businesses want to support their employees’ health but few have room in the budget to launch a big corporate-style wellness program. Here are four of my favorite low-cost, high-reward strategies for supporting healthy, active lifestyles for your employees:

The Benefits of Offering Telemedicine to Your Employees

Advancements in technology -- including video chat apps -- have made the delivery of remote healthcare or “telemedicine” more convenient than ever. Now you can receive care without being in the same room as your healthcare professional. This is why telemedicine options have become one of the most recent innovations to help contain the cost of providing healthcare services.

Overtime Rule Delay -- What Actions Should You Take?

As you may have heard, a federal court issued an order blocking the new Fair Labor Standards Act overtime rule from taking effect on December 1, 2016. Many businesses had already made plans to implement changes based on the anticipated effective date, but now that the rule has been delayed, perhaps indefinitely, they are wondering what to do next.

Millennials are the Largest Share of the U.S. Workforce. Here is the One Way HR Can Capture their Attention

Survey Reveals How Employees Feel About Company-Sponsored Holiday Parties

With the holiday season approaching, a survey released by TriNet reveals how employees at SMBs feel about their company-sponsored holiday party. The overall sentiment was positive with people saying they attend, look forward to and enjoy the company holiday party. However, many prefer a cash bonus or office closure during the holidays.

Are you finding it hard to stick to your New Year's resolution to be more productive? Check out these tips for overcoming three common productivity hurdles.

With so many demands on your time, it’s easy to be affected by productivity hurdles. Productivity is usually tied to other vital business outcomes, such as employee morale, efficiency and the bottom line. Improving your productivity game can have a positive impact on your overall business success. If you are struggling with becoming more productive in 2018, below are three HR-related productivity hurdles that business owners commonly face and a few solutions that might help you overcome them.

4 Ways to Coach Your Employees to Success

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.

Why Now Might be a Good Time to Consider a High-Deductible Health Plan

With healthcare reform currently in flux, many business owners may find themselves trying to grapple with the best way to continue providing their employees with competitive benefits. While TriNet can help individual businesses design a benefits strategy that works for their industry, location and size, now may also be a good time for businesses across the country to take a closer look at high-deductible health plans (HDHPs).

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