The Equal Employment Opportunity Commission (EEOC) reports the number of age discrimination claims remains high. The EEOC logged 18,376 such cases during its 2017 fiscal year. What's more, the EEOC says that monetary benefits paid out for this type of claim reached a staggering total of $90.1 million in 2016. Those numbers should make [...]
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The electronic service, launched in 1996, is primarily a voluntary web-based system, though it could soon become mandatory. E-Verify enables employers to quickly determine whether information supplied by job applicants on their I-9 forms is consistent with data held by the Social Security Administration and the Department of Homeland Security. In effect, this is [...]
"Most entrepreneurs have great talents but many times they think they can do it all. That can really stall the growth of the business. By outsourcing the day to day back-office tasks, the business owner has more time to focus on generating income."—Business owner Laura Lee Sparks, as told to Entrepreneur There are many [...]
Normally, your company isn't required to withhold taxes on non-taxable fringe benefits. After all, the employees generally won't have to pay income tax or FICA on those benefits anyway. But taxable non-cash fringe benefits are a different story: They generally must be reported to the IRS and are subject to withholding of income and payroll [...]
Most 401(k) plans permit hardship withdrawals, though plan sponsors aren't required to allow them. As it stands today, employees seeking to take money out of their 401(k) accounts are limited to the funds they contributed to the accounts themselves, and only after they've first taken a loan from the same account. Loans must be [...]
Employee morale is a measurable, controllable expense. That's the position of Carol Hacker, author of "The High Cost of Low Morale." And according to Hacker, employers and workplace leaders "can beat the negativity that saps employees' energy." Employee morale involves the attitudes of individuals and groups toward their work, their environment, their managers, and [...]
The most obvious way for employers to measure the full impact of employee turnover is to look at the corresponding loss of productivity when positions go unfilled. You'll also need to look at the cost to find replacements. But that's just the start. The rest of it is part of what can be called [...]
Employers naturally want to provide employees with the tools that enable them to do their jobs more quickly and efficiently. But there are growing concerns in the business community about employees who use technology in ways that can harm their employers. During the work day and after hours, your staff members undoubtedly use cell phones and [...]
Paid time off (PTO) policies aren't new. The basic concept is to allot employees a fixed number of days into a PTO "bank" for which they can be paid while not working, without designating the time off as sick leave, vacation or personal days. A 2016 survey by WorldatWork — a global association of human [...]
“Traditionally, a company's human resources department has played a supportive role. It was considered a paper-pusher job, and often took a backseat to more numbers-oriented departments like marketing and business development. Today's organizations have realized that this department can do much more to enhance and develop a business, thanks to developments in fields [...]