May 12, 2025
There are many benefits to being your own boss, but the first step in starting a new business is picking the right entity in which to operate that business. As discussed below, there are many types of structures available for a new business and the best one usually depends on the type of business you will be operating. Here are six options to consider...
Employee Benefits · May 05, 2025
Health savings accounts can be advantageous when your goal is to recruit new hires or improve existing employees' job satisfaction. They are an incredible benefit that you can offer to people who work for you.
FLSA · May 01, 2025
Before we can fully understand what overtime is, we need to understand how the Fair Labor Standards Act defines a workweek. FLSA says that an employee's workweek is a fixed and regularly recurring period of 168 hours — seven consecutive 24-hour periods. It doesn't have to coincide with the calendar week but may begin on any day and at any hour of the day. Averaging hours over two or more weeks is not permitted.
Technology · April 21, 2025
Technology evolves at such a fast rate that it can be difficult for people who are not in the industry to keep up with all the changes. Even so, it is important that everyone becomes familiar with the more common tech-based trends.
April 14, 2025
Restrooms are the most highly trafficked areas of corporate offices. Structural changes have revolutionized public toilets in malls and transportation facilities over recent decades, designating some areas as "family" restrooms, particularly for handwashing and diaper changing. Indeed, offices have followed suit by reconfiguring their space and introducing regulations intended to protect sensitive employees.
April 07, 2025
Despite diversity initiatives, at least one important cohort still trails in corporate practices — those suffering from visible or invisible disabilities, who may tend to be sidelined in the scramble to adjust equity.
April 01, 2025
Monitoring and measuring certain aspects of your company's success is a natural part of operating a business. Not only can you ensure that your business is moving in the right direction, but you can also double-check that your company is on track for a successful future.
March 31, 2025
Not too long ago, only the financial world relied on data. Now, whether we like it or not, data is important in every business, and it promises to become only more relevant in the future. Consequently, business leaders need to learn how to harness data's value while still trusting intuition. Sometimes the feelings and instinct that you have long relied on when making important decisions are right; other times it would be better to have data to back them up.
Payroll/Taxes · March 24, 2025
It's important to accurately track overtime hours because failing to do so can result in legal disputes and financial penalties. By tracking overtime, you can ensure that your employees are fairly compensated. It also means you'll be in full compliance with Fair Labor Standards Act requirements.
Employee Benefits · March 20, 2025
An inclusive parental leave policy can signal that you care about your team's happiness, which helps retain workers, which in turn boosts your company's bottom line. So even though offering paid parental leave as part of your employee benefits package costs money, the price of losing top talent, which could ripple across your company and damage your reputation, is well worth the investment.