Employers know that carefully crafted benefits packages are an integral way to attract and keep the best talent. Employees are looking for more than base compensation: they want vacation time, retirement account access, on-the-job perks, and, of course, company subsidized health insurance. Benefits packages aren’t just bonuses. 41% of employers say their benefits are a key component of their employee … Read More
Beyond the Bonus: Powerful Ways to Reward Your Employees
A company or organization can only achieve success through the hard work and dedication of its employees. Those employees need to feel motivated and empowered to produce excellent work. Finding ways to inspire employees is one of the challenges of today’s managers. The conventional solution is to throw money at the problem in the form of bonuses. The best managers … Read More
2016 Federal Budget Delays ACA’s Cadillac Tax & Suspends Two Other Taxes
On Dec. 18, 2015, President Barack Obama signed a federal budget bill for 2016 into law, which makes significant changes to three tax provisions under the Affordable Care Act (ACA). This new law: Delays implementation of the ACA’s Cadillac tax on high-cost group health coverage for two years, until 2020 Imposes a one-year moratorium on the collection of the ACA’s … Read More
Higher minimum wage means higher direct & indirect costs for business owners
The political pressure to enact a $15 federal minimum wage is growing stronger. It’s the stuff of nightmares for business owners, but it may yet become a reality. New York has already passed legislation, with the enthusiastic support of Gov. Andrew Cuomo, to raise the wage bar for fast food workers to $15. It seems inevitable that figure will soon … Read More
Help your employees get the most out of their benefits
Smart business owners know that to attract and retain quality employees, they must provide a congenial working environment where employees can find opportunity for growth, success, and professional satisfaction. Happy, healthy, productive employees make a business stronger and translate into profits and organizational success. Obviously, base compensation is a key recruitment and retention tool and must be competitive, but owners … Read More
Wellness programs in the workplace: How to get started
I’m passionate about helping businesses keep their employees healthy, happy, and on the job, contributing to their organization’s success. As I’ve written about previously, wellness programs provide measurable ROI that keeps business owners happy. Nearly all owners who started a wellness program in the workplace agree that these programs are effective in mitigating the risk of rising health care costs … Read More
8 Reasons pre-screening employees is just smart business
I spend my workday helping Sinclair clients manage risk, avoid hidden pitfalls, and implement initiatives that give them the best chance to be prosperous and successful. I do this work happily, it gives me great joy! That’s why I am such a strong advocate of making sure organizations have a structured, consistent approach to pre-screening employees. It floors me that … Read More
Massachusetts Earned Sick Time Law effective July 1, 2015
On Nov. 4, 2014, Massachusetts voters approved a ballot measure, known as the “Massachusetts Paid Sick Days Initiative,” to provide earned paid sick leave to employees.The Earned Sick Time Law is effective July 1, 2015, and generally covers all employers in Massachusetts. However, employers must comply with existing collective bargaining agreements or contracts that have more generous leave provisions. On … Read More
CT Employee Benefits Planning: Assessing Voluntary Options
CT Employee Benefits Planning: Assessing Voluntary Options An effective Employee Benefits program is key to attracting and retaining top talent. While voluntary benefits plans are still paid by employees, the company-run programs offer employees discounted prices for coverage compared to the open market. These employment perks often help employees with life needs and expenses they might otherwise not have the … Read More
Wallingford Business Insurance: ACA Allows Bare-bones Healthcare
Wallingford Business Insurance: ACA Allows Bare-bones Healthcare Controversy over the Affordable Care Act (ACA) has yet to fade out even four years after the legislation passed. Business and officials are stuck in a seemingly endless battle of wits. Corporate leaders are looking to ease the transition into providing many hourly-wage, short-term and variable-hour workers with affordable healthcare options under the … Read More