Minimum Wage Changes in 2017
The new year brings several changes to minimum wage laws across the United States. The District of Columbia and 29 states are raising their minimum wage pay rates above the federal government's minimum of $7.25 per hour
Niroc Monthly- January 2017
With the new year in full swing, there are a few HR trends that have been on the rise. From business hiring at a slower rate, to increased hiring of boomerang employees, which of these trends do you plan on implementing for your business?
Are Holiday Gifts and Parties considered Taxable Wages?
Although you might think that gifts and parties are simply ways to celebrate or reward your team for their hard work, the Internal Revenue Code Section 61 states that all forms of compensation are subject to income tax, unless specifically excluded by the tax code.
Politicians are taking a closer look at Trump’s Maternity Leave proposal
During the election, Donald Trump announced a proposed Maternity Leave plan which has drawn both praise and critique.
BREAKING NEWS: Texas judge blocks overtime rule
Federal judge blocked an Obama administration rule to extend mandatory overtime pay to more than 4.2 million salaried workers.
Can a PEO help your business with human resources tasks?
Professional employer organizations (PEOs) provide a practical solution for small businesses when it comes to outsourcing the administration of payroll, human resources (HR) and benefits.
Salary and Duties test satisfaction for OT Exemption
By this point you may be aware that December 1st is the effective date for the Department of Labor change in overtime rule. Which increases the annual salary threshold for exempt employees from $23,660 to $47,476, but have those employees met the Duties Tests? Although it is a common misconception, meeting the salary threshold alone [...]
Are you using your PEO to its fullest potential?
How much does turnover cost your business? According to the Society of Human Resources (SHRM) the average cost of a new hire is $4,129. However this pales in comparison to other costs associated with turnover. In fact, there are numerous costs to consider. From hiring the new employee, opportunity cost, training costs, sunk costs (the lost employee) , as [...]
A success story from one of our PEO markets
A local wastewater management company, handling all elements of waste management was experiencing issues that many small and medium sized businesses face; they were in search of a more cost effective and efficient way to handle payroll, taxes and workers compensation for multiple locations and drivers. After much discussion on services and the proper business [...]
Are you aware of how the ACA requirements and regulations affect your business?
Running a business is by no means a simply task. From the ever-changing rules and regulations to the matters of market share and client retention. More recently, that task has become more daunting as employers seek to find a solution to the Affordable Care Act “ACA” which imposes a “minimum essential coverage” and recording requirement on [...]