Traditionally, employees have to opt into retirement plans and make their own decisions about contributions. But there’s another possibility: automatic enrollment in a 401(K). If they choose to enroll their staff automatically, companies have three options: Basic 401(K) auto enrollment, also called an “Automatic Contribution Arrangement” (ACA) Employees are automatically enrolled in the 401(k) plan … Read more
Imagine you’re a nursing home manager trying to replace a nurse’s aide. But the resumes aren’t coming in like they usually do. You can’t figure out why until an applicant points out that you’re offering the same hourly wage as McDonald’s and asks what you have that McDonald’s doesn’t. Lockdown-era furloughs forced huge numbers of … Read more
According to a report by the International Foundation of Employee Benefit Plans, just 19 percent of employers say their employees had a “high level of understanding of their benefits.” The report cites three main reasons for this: Employees don’t open or read the materials. Employees don’t understand the materials. Employees don’t see the value in … Read more
Many businesses are struggling with a worker shortage. It is happening across the board: staff shortages at our doctors’ offices, at child care centers and at the restaurants we frequent. Businesses, their employees and their customers and clients all are unhappy and trying hard to find solutions. Here are seven things businesses can focus on … Read more
Employer coverage – Is your business covered by the Family and Medical Leave Act (FMLA)? You must adhere to the FMLA if you employ at least 50 employees in 20 or more workweeks in the current or prior calendar year. The employees must also meet certain eligibility rules. Notice requirements – Is the FMLA poster … Read more
A 2020 report by Ernst & Young says on-demand pay is “the term used to describe a category of financial products that give employees the ability to draw on their accrued wages before payday.” The Case for On-Demand Pay In 2017, CareerBuilder reported that a staggering 78% of U.S. workers live paycheck to paycheck. Since … Read more
As the unemployment rate falls from its 2020 high, employees are switching jobs in record numbers. The new stability in the economy means workers have more leeway to shop around for jobs that fit their lifestyles, needs and values. Now, the onus is on employers to provide an environment that makes their star team members … Read more
The Equal Employment Opportunity Commission has updated its guidance on workplace COVID-19 vaccine policies. The agency’s original guidance, issued in December 2020, addressed COVID-19 vaccine mandates, discussing COVID-19 diagnosis or vaccination status with employees, and handling reasonable accommodation requests from employees. The EEOC’s updated guidance clarifies whether employers can mandate COVID-19 vaccinations and offer incentives … Read more
When it comes to HR compliance, businesses must take an active approach to ensure they meet all necessary regulations and requirements. Neglecting HR compliance can lead to hefty fines, lawsuits, and damage to a company’s reputation. In this article, we will discuss the importance of HR compliance, provide an HR compliance checklist with human resources … Read more
“Going back to the office” takes on new meaning after more than a year of working from home. Some people are excited to get back to “normal” as quickly as possible, others do not want to go back to the old status quo, and still others are seeking a happy medium. Businesses are left scrambling … Read more
