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The outdated method of manually collecting employee data makes businesses vulnerable to errors, costing them time, money, and effort better spent elsewhere.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 ...
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 ...
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 ...
Thinking About the Road Ahead: The first quarter of the year is when many people begin to plan out their goals and New Year’s resolutions of what they hope to accomplish the rest of the year. This requires them to reflect on their personal and professional goals, which leads to determining what their priorities ...
AVOIDING THE BIG PHISH: Running a – tight ship – is difficult, but it can be rewarding when you’re able to steer your vessel in the right direction and get to your destination without any issues. But ask anyone who plays an important role in running an organization and ...
COVID-19 cases are on the rise in the United States again. After the excitement of restrictions being lifted and vaccinations becoming more widespread, this has a lot of Americans feeling very let down. It’s also led to a shift. The Biden administration has recently mandated vaccinations for all federal workers and contractors, and states like California and New ...
Now that it’s 2021, all the problems of 2020 are solved…right? We wish. The past 12 months have brought to light just how important mental health is, in addition to physical health, which is why some organizations may consider including mental health benefits in their plans. According to the U.S. Centers for Disease Control and Prevention, more ...
It may be too early, or perhaps too hopeful, to refer to a “post-COVID-19” world just yet, but we’re going to! COVID-19 has changed the ways in which nearly all organizations operate, and many of these changes will be long lasting. So, we’ve compiled a list of the top post-COVID-19 work trends to watch for ...