Did you know that if your business doesn’t carry valid workers compensation insurance, then you could be liable to face criminal prosecution and costly fines, and it could even result in litigation? If your business is small and only has one employee, for example, you must still carry workers compensation insurance for them, even if […]
Payroll Basics For New Businesses
While the process itself may seem easy – you’ve just hired your first employee and you need to pay them – if you’re new to business and payroll, you may find that it’s not clear exactly what you should be doing and how to go about it. There may be many words and phrases that […]
How HR Handle More Than Just Payroll
Human resources departments within most companies are responsible for much more than simply processing payroll or handling the open enrolment season every year. Whether a business is large or small, human resources can play a large and often essential role in developing company strategy and handling all aspects of the employee-centred activities of an organisation. […]
The Impact Of Workers Compensation Insurance On A Business
It’s usually a given that businesses will do their utmost to make sure that their employees have a safe environment in which to work in, but that cannot always prevent accidents from happening. Should something untoward happen to an employee while in the workplace as a direct result of health and safety negligence, then it’s […]
Simplifying The 401(k) Retirement Plan
The 401 (k) retirement plan came into existence back in 1978, and ever since its’ inception, has proved to be the single most popular type of plan of its kind, with no other employer-sponsored retirement plan in America able to compete with it. The money that millions of employees have saved in these plans, are […]
What Can Happen When You Don’t Perform Background Checks
The effects of making a wrong hiring decision can sometimes be devastating for a business and can even have a negative impact on your remaining workforce and your client base. Then there is the cost and time spent to find a replacement for the inept hiring decision that was made, and there is even the […]