The practice of "buddy punching" has gone on as long as there have been time clocks. It's basically the practice of punching in or out of work by a buddy of an employee, so that the employee's late arrival or early departure isn't recorded by timekeeping. Work buddies do this for...
Approximately 7 million to 8 million more Americans have health insurance now compared to a year ago due to provisions of the Affordable Care Act (ACA). ACA employer requirements sometimes change, and employers must be prepared to comply with new ACA rules for employers. "One thing small businesses need to remember is that...
I have 63 full-time employees, and I currently do not offer health insurance coverage to my employees. I know the penalty for not offering coverage was delayed 1 year, but what will this penalty cost my business next year if I choose not to provide my employees with healthcare? The penalty for...
As an employer, do I need to include the cost of the healthcare I provide to my employees on their W-2? It depends. Although the Affordable Care Act (ACA) originally required all employers to report the cost of the health care provided to their employees, there is an exception in 2013...
I need to get a workers' compensation certificate from a PEO, ASAP. Will they send me one before I run my first payroll with them? Generally, the PEO will want to secure payment of the first payroll including the workers' comp premiums in order for them to generate a certificate of...
I am afraid to use a PEO, I feel that I will lose control of my company. Won't my employees feel like they don't work for me anymore? You are not losing control of your company or your employees. You are actually gaining control. You are freeing yourself of employment and...
If I do business with a PEO, and I really don't want to be tied into a year contract, can I have a shorter term contract? Most PEOs do not lock you into a long term contract. The standard PEO agreements can be terminated with 30 or 45 days notice. The...
The increase in the federal minimum wage across multiple states is big news in America, and an even bigger concern for thousands of small business owners who must pay their workforce. Early in March 2014, The New York Times reported that President Obama is determined to enforce wage and overtime increases,...
If you think managing the cost of workers’ compensation has been a struggle for your organization, just wait and see what this year is expected to bring. There have been some important updates that your business needs to know about, changes that may increase your costs for workers’ compensation claims...
In February, we shared some important updates to the Affordable Care Act that can have an impact on your company benefit programs. Understanding what the ACA means to your business is part of operating a responsible organization. Now, we want to bring you up to speed on what’s happening currently...
