INDEPENDENT CONTRACTORS AND MISCLASSIFICATION
The Wage and Hour Division (WHD) of the Department of Labor (DOL) of the United States has required to the Congress an increase of $49 million on the funds for 2016. The main reason for this increase is the need of hiring 300 additional investigators. This requirement is specially based on what the WHD defines as “fissured workplace” which are those businesses that use the services of professionals, independent contractors, [...]
LOYAL EMPLOYEES TEND TO EARN LESS THAN THOSE WHO CHANGE JOBS
It is sad to recognize that employees are earning less money on average every year. And one of the causes for this may be loyalty. If an employee stays in the same company for more than 2 years on average, this means that he or she will be earning about 50% (or even more) less over his or her whole life that if he or she had changed jobs. Yes, [...]
ACA: EXCHANGE NOTICES
If you are an employer with over 50 employees, you have to be in compliance with the Employer Shared Responsibility terms of the Affordable Care Act (ACA). This means that you have to offer minimum value affordable healthcare to your employees. If any of your employees decide to seek subsidized healthcare through the Insurance Exchange (aka Insurance Marketplace) and he gets a subsidy from the health coverage, you will receive [...]
BAD CORES: WHAT IS THE REAL COST OF THESE CORING MISTAKES?
Often, companies do not think about how much bad hires at a management level can mean. Business owners and managers usually think only about the costs of salary and recruiting. But there is way more that, in case of wrong hires, can become thousands. When we hire a manager that doesn’t fit or that is not capable of doing the job for any reason, this can have an awful effect [...]
HEALTHY EMPLOYEES: HOW TO PROMOTE HEALTHY HABITS IN THE WORKPLACE
Many studies have shown that healthy employees are more likely to be happier and more productive, as well as more engaged and motivated with their jobs. But how can business owners promote healthy habits in the workplace? If the company can afford it, it is good to offer gym memberships or other wellness programs to employees as perks. Many gyms offer corporate packages at reasonable prices. Another alternative is bringing [...]
