Sep 30, 2024 | Compliance, Employee management, Human Resources, Performance Management
When Jack Welch took over as the head of GE in 1981, he instituted a “rank-and-yank” system where employees were ranked against each other. Originally based on the military’s method for identifying officer candidates in World War II, this rank-and-yank system involved...
Sep 28, 2024 | Compliance, HR Management, Human Resources
For your company to do its best, your HR policies must be in compliance with federal, state, and local laws. Unfortunately, this can be challenging for many small businesses. There are just so many different regulations that it can be hard to keep up. When companies...
Sep 25, 2024 | Compliance, Employee management, Human Resources, Performance Management
When businesses reach a point where they have 16 to 49 employees, certain compliance laws start to kick in. You need to prepare for additional laws and regulations as early as you can. Additionally, this is a good time to get your organizational culture, employee...
Sep 25, 2024 | Compliance, Employee management, Human Resources, Payroll, Performance Management
Whether you just started operations this year or have been slowly growing for several years, there are a few important things you should do to set your business up for long-term success. While HR and payroll practices might not play a major role today, they will...
Sep 24, 2024 | Compliance
FEDERAL UPDATES Exempt Salary Basis: Reminder that the exempt salary basis for executive, administrative, and professional employees will increase again on January 1, to $58,656 ($1,128 per week). It is then expected to increase every three years in July. Legal...
Sep 10, 2024 | Worker's Comp
Workers’ compensation claims can be incredibly expensive for insurers. At the top end of the spectrum, an amputation can cost an average of $126,033. Even a fracture or dislocation can add up to $62,240. When your workers’ comp claims increase, the insurer passes on...
