Table of Contents: Introduction The Maryland Saves Program: An Overview Why Choose the Maryland Saves Retirement Program? Who Is Eligible for the Maryland Saves Program? The Benefits to Employees: A Closer Look How BlueStone’s Human Resources Consulting Services Can Help? MarylandSaves FAQs: Maryland’s State-Mandated Retirement Plan Key Takeaways In the growing world of Maryland’s small … Read more
CBS News says, “There’s a new term for clocking in and doing the bare minimum at work: ‘quiet quitting.’” This employee practice is a type of disengagement in which employees no longer go above and beyond at work. They do as little as possible, but just enough to keep their jobs. The term “quiet quitting” first … Read more
In a flexible work arrangement, employees typically get to choose their work location and their work arrival and departure times. They may also have the ability to schedule their workday however they see fit. But as noted by the Department of Labor, “Under some [flexible work] policies, employees must work a prescribed number of hours … Read more
Last month the Maryland Legislation voted to pass a paid family and medical leave insurance program. Called the Time to Care Act, the new legislation establishes a state-administered fund (the Family and Medical Leave Insurance Fund) to which employees, employers, and self-employed individuals will make contributions. It guarantees nearly all Maryland employees the right to … Read more
Paperless payroll is a paper-free payroll process that has become hugely popular in recent years. But despite the groundswell of support for paperless payroll solutions, employers should examine the details before making the switch. Six pros of paperless payroll What to watch out for Although paperless payroll is here to stay, it’s not without problems. … Read more
The consensus among HR leaders is that once you’ve reached the 20-employee mark, it is definitely time to hire a dedicated HR professional. If your business continues to grow, you’ll likely need to expand your HR department. Consider the following to handle this initiative. 1. Timing Before you implement growth measures for your HR department, … Read more
Employers covered by the Fair Labor Standards Act are required to pay nonexempt employees for all hours worked. It sounds simple enough, but many people fail to understand all the forms an hour of work can take. Not understanding the nuances of this principle can lead to payroll mistakes. Below are some pitfalls to avoid. … Read more
Most companies spend 20% to 30% of their annual revenue on payroll. The exact amount varies based on the employer’s size, industry, and staffing and operational needs. In some industries, such as service, it’s not uncommon for payroll to encompass up to 50% of revenue. For other industries, such as manufacturing and food and beverage, … Read more
Human resources, employee benefits and payroll processing functions are separate yet intertwined, and checklists are essential to staying on top of your responsibilities for each one. Below are examples of what might be included in these checklists. Human Resources audit checklist Human Resources audit checklists can provide a structured framework for HR departments to follow, … Read more
Unemployment income has always been taxable income. Those who apply for unemployment benefits can have federal tax, and any applicable state tax, withheld, but whether it’s done check by check or in a lump sum, the recipient has to pay. However, because 2020 was such a difficult year, the federal government granted a limited break. … Read more
