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How Payroll Software Supports Small Business Growth
Early on, a company’s founder often handles all aspects of running payroll, hiring employees, and creating business plans. As the small business grows, it’s important to delegate key tasks to outsourced teams, new hires, and software programs. From making sure your...
How Payroll Software Supports Small Business Growth
Early on, a company’s founder often handles all aspects of running payroll, hiring employees, and creating business plans. As the small business grows, it’s important to delegate key tasks to outsourced teams, new hires, and software programs. From making sure your...
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Expand Your Small Business Growth With the Right Technology Tools
When you only have a handful of employees, you have to be strategic about every process you develop. The policies and procedures you choose today will determine your company’s future growth. While many small businesses operate on a shoestring budget, there is a...
The Impact of New FLSA Overtime Regulations on Employers
Update as of November 15, 2024: FLSA Salary Threshold Increases Blocked Nationwide. Read More On April 6, 2024, the Department of Labor (DOL) released a final ruling under the Fair Labor Standards Act (FLSA) about overtime regulations for exempt workers. While the...
Is COBRA Required for Small Businesses?
What benefits must be covered under COBRA? More importantly, is COBRA required for small businesses? The Consolidated Omnibus Budget Reconciliation Act (COBRA) was signed into law by President Ronald Regan in 1985. While it has been almost 40 years since this act was...
HR Compliance Update | May 21, 2024
FEDERAL UPDATES Federal Contractors: AAP Certification Reminder - Certification in the OFCCP portal is due by July 1, 2024. AI Guidance - As required by President Biden’s Executive Order 14110, OFCCP released new guidance for the use of artificial intelligence by...
5 Best Practices for Incorporating New FLSA Overtime Rules and Salary Regulations
Update as of November 15, 2024: FLSA Salary Threshold Increases Blocked Nationwide. Read More If an employee is an executive, administrative, or professional employee, you are legally allowed to pay them a salary and not pay them overtime. The same thing is true for...
Decoding COBRA Compliance, Coverage & Risk Mitigation
“COBRA is not the actual insurance, COBRA is the continuation of those rich group plans that you had.” In episode #101 of Mission to Grow, the Asure podcast that serves as small business owners' guide to cash, compliance and the War for Talent, Operations Manager,...
Addressing the Accounting Shortage: Challenges & Solutions
In the intricate world of finance, where numbers wield tremendous power, the role of accountants is indispensable. However, the accounting profession is currently facing a significant challenge: a staffing shortage that has been steadily growing over the past few...
How to Communicate New FLSA Overtime Regulations to Employees
Update as of November 15, 2024: FLSA Salary Threshold Increases Blocked Nationwide. Read More On April 23, 2024, the Department of Labor (DOL) released a final rule that updated Fair Labor Standards Act (FLSA) salaries for overtime-exempt workers. The new changes will...
U.S. Drug Enforcement Administration Recommends Rescheduling Marijuana To Schedule III, Similar to Tylenol With Codeine
By Kathryn J. Russo, Jackson Lewis Law Firm The U.S. Drug Enforcement Administration will recommend that marijuana should be rescheduled from a Schedule I drug to a Schedule III drug, according to an announcement made April 30, 2024 by the U.S. Department of Justice. ...
9 Key Elements of an Overtime Policy
The Fair Labor Standards Act (FLSA) was originally created in 1938. Since that time, the FLSA and Department of Labor (DOL) regulations have governed the provision of overtime in the United States. In April 2024, the FLSA received a major update for the first time in...
OFCCP Releases New Artificial Intelligence Guidance
By Laura A. Mitchell & Alyssa J. Calabrese, Jackson Lewis Law Firm The Office of Federal Contract Compliance Programs (OFCCP) announced ton April 30, 2024 the release of a new Artificial Intelligence (“AI”) landing page. The landing page, which encourages readers...
Tips for Restaurants, Retailers When Faced With Sabbath Day Requests
by Andrew F. Maunz, Jackson Lewis Law Offices Imagine you manage a busy restaurant, and you are working on the schedule for next week. Saturday is your busiest day, and you need all hands on deck, so you need to schedule everyone for that day. Just when you have the...
What Is Pay-As-You-Go Workers’ Comp?
Some form of workers’ compensation has existed since 1911. While workers’ compensation has existed for many years, pay-as-you-go workers’ comp is a fairly new development. With this alternative payment option, you can simplify your premium payments, avoid deposits,...
New FLSA Overtime Salary Threshold
Update as of November 15, 2024: FLSA Salary Threshold Increases Blocked Nationwide. Read More “The way you communicate things to your employees is going to significantly change how they accept what you do.” In episode #100 of Mission to Grow, the Asure podcast that...
Is Outsourcing HR Right for Nonprofits?
When you're managing a non-profit organization, every dollar counts towards achieving the mission and the allocation of resources demands careful consideration. Human Resources (HR) management stands as a critical function within these organizations, ensuring the...
Small Business Insights: Celebrating 100th Episode of the Mission to Grow Podcast
The 100th episode of Mission to Grow Podcast, a small business guide to cash, compliance, and the war for talent, dropped this week. Hosted by the HCM industry veteran Mike Vannoy, the weekly podcast delivers practical insights, compliance-oriented content, and expert...
The 5 Most Common Workers’ Comp Audit Issues
At the end of a workers’ comp policy, the insurer performs an audit to see if they charged you the correct amount. Your annual premium charges are based on payroll for the previous year, which can change significantly. While some variation is normal, it’s important to...
Demystifying the Anti-Money Laundering Act: Intentions, Rules, and Impact
In an era where financial crimes pose significant threats to global economies, governments around the world have been ramping up efforts to combat money laundering and terrorist financing. One of the cornerstone pieces of legislation in this endeavor is the Anti-Money...
The Top 10 Reasons to Switch to Pay-As-You-Go Workers’ Compensation
In 1911, the first workers’ compensation plan was adopted in the United States. Over the years, workers’ compensation insurance has developed strict regulations. Rules can vary from one state to another, which can make it difficult to follow the applicable regulations...
HR Compliance Update | May 8, 2024
FEDERAL UPDATES Exempt Salary Threshold. As expected, the DOL finalized a rule raising the federal exempt salary threshold for the EAP exemptions (executive, administrative, professional), as well as the HCE exemption (highly compensated employees). Unexpectedly, it...
How ACA Reporting Services Can Help Your Small Business
How will the Affordable Care Act (ACA) impact your operations? More importantly, what is ACA reporting and how do you fulfill your requirements? As long as you have at least 50 full-time workers, you are required to meet ACA requirements. To fulfill this obligation,...
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