For small and midsize business owners in the hospitality industry, it is crucial to understand and comply with employment laws to avoid costly penalties. A recent case involving a restaurant chain in Greenville, South Carolina serves as a reminder of the consequences of violating wage and hour regulations. The U.S. Department of Labor’s investigation found ...
The outdated method of manually collecting employee data makes businesses vulnerable to errors, costing them time, money, and effort better spent elsewhere. It also creates opportunities for time theft, which, according to The American Payroll Association (APA) and Zippia, affects 75% of businesses, costing them up to billions annually. Thankfully, mitigating these risks is now ...
The last months of the year are a great time for HR professionals to ensure they’re prepared for everything that needs to be done. It’s also an opportunity to evaluate which HR processes organizations want to take forward into the new year and which to leave behind. While certain HR compliance activities must be completed ...
Most employers offer paid holidays as a benefit to employees. Company holidays often raise questions about how pay, scheduling, and other issues are handled. The following are some common questions related to holiday pay and time off. Q: Are paid holidays required? Are there a minimum number of holidays that my company is required to ...
From the bottom line to top line, inflation is top of mind. For many, the last few years may have felt like an almost perfect economic storm for many small businesses. Inflation rates and resignation rates have been high in 2021 and 2022. Many employers were caught off guard by how many employees began to quit ...
Does your organization need seasonal help to support business operations during specific times of the year? There are many types of businesses that need temporary or seasonal help to meet industry demands or increased traffic. Businesses might hire seasonal employees to staff outdoor pools in the summer or ski resorts in the winter. There are ...
Payroll is a critical function for businesses of all types and sizes. Payroll processing and tax compliance require a tremendous amount of attention to detail to ensure accuracy. With an entrepreneurial spirit and focus on growing your company, your time is already stretched thin and it can be difficult to stay up to date with ...
10 Costly ACA Mistakes Businesses Should Avoid The Affordable Care Act (ACA) has been the law of the land for more than a decade and has survived legal challenges from the Supreme Court as recently as last year. The aim of this law was to help lower the cost of quality healthcare for Americans through a shared ...
A source of innovation and growth, employees are a key ingredient to the success of your growth-oriented business. Human capital is one of your biggest assets and one of your largest expenses. In many industries, labor costs represent a significant percentage of total business expenditures which is why it’s important to keep careful track of ...