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Employee Morale: 7 Warning Signs You Shouldn’t Ignore

Employee Morale: 7 Warning Signs You Shouldn’t Ignore

Employers strive for a fair and equitable workplace to help attract and retain employees, drive productivity, and comply with federal, state, and local laws. When employee morale begins to suffer, the signs aren’t always obvious. Here are seven warning signs to watch out for: #1: Increase in turnover. Employees who feel they are treated unfairly are more likely to quit and seek employment elsewhere. Monitor turnover and conduct exit interviews to find out why employees are leaving. Use this information to identify changes you can make to improve your work environment and limit future turnover. #2: Vague exit interviews. Some employees may be reluctant to share the true reasons for their departure since they fear it will affect their eligibility for rehire, or that it will result in a negative reference to a prospective employer. To encourage employees to be forthcoming, reassure them that their honest feedback will help with workplace improvements and that their exit interview report will remain anonymous. During the exit interview, pose open-ended and multi-choice...

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10 HR Compliance Trends to Watch in 2018 (Part 2)

10 HR Compliance Trends to Watch in 2018 (Part 2)

Last week we introduced five compliance trends impacting employers’ hiring, scheduling, and anti-harassment practices. Here are the remaining five compliance trends to watch in 2018. #6: Paid Family and Paid Sick Leave Laws In recent years, paid family leave (PFL) and paid sick leave (PSL) laws have been enacted by a number of jurisdictions. PFL: Paid family leave generally provides partial wage-replacement benefits to workers for covered absences. Coverage varies among jurisdictions but generally includes bonding with a newborn, or a newly placed adopted or foster child, or caring for a family member with a serious health condition. The jurisdictions with a paid family leave program include: California San Francisco New Jersey New York Rhode Island (referred to as Temporary Caregiver Insurance) Washington (benefits begin January 2020) District of Columbia (benefits begin July 2020) PSL: Eight states, the District of Columbia, and more than 30 local jurisdictions require employers to provide paid sick leave to eligible employees. The states with paid sick leave requirements include: Arizona California Connecticut (employers...

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ADP National Employment Report®: Businesses Added Booming 250,000 Jobs in December

ADP National Employment Report®: Businesses Added Booming 250,000 Jobs in December

According to the December ADP National Employment Report®, the private sector added 250,000 jobs in December. “We’ve seen yet another month where the labor market has shown no signs of slowing,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Throughout the year there was significant growth in services except for an overall loss of jobs in the shrinking information sector. Looking at company size, small businesses finished out 2017 on a high note adding more than double their monthly average for the past six months. Change in Nonfarm Private Employment Get the full report here. Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Google+ (Opens in new window)Share on Facebook (Opens in new...

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The Business Journals: How Small Businesses Can Compete for Talent

The Business Journals: How Small Businesses Can Compete for Talent

The Business Journals recently published a byline by Ahu Yildirmaz, co-head of the ADP Research Institute, that explores recent data from the ADP National Employment Report, highlighting how the tightening labor market is impacting small business hiring. In this article, Yildirmaz provides four tactics to help employers compete for, engage and retain the best people today in order to remain competitive in the marketplace. The first tactic is to make the work meaningful. According to the ADP Research Institute’s study Fixing the Talent Management Disconnect, the top factor impacting job consideration is the work itself. Millennials continually express their need for having a meaningful impact through their work. Read the full article to learn three more tactics to remain competitive in today’s market. Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Google+ (Opens in new window)Share on Facebook (Opens in new...

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ACCOUNTANT SPOTLIGHT: S Corp Payroll — What You Need to Know

ACCOUNTANT SPOTLIGHT: S Corp Payroll — What You Need to Know

Did you know that sixty-two percent of accountants take on processing S corp payrolls to make it easier for their clients?1 But for many CPA firms, it only makes your job more difficult. S corps enjoy limited liability and can elect to pass corporate income, losses, deductions and credits through to their shareholders for federal tax purposes. Many organizations choose an S corp over an LLC for benefits like these: Pass-through taxation — Owners report their share of profit and loss on their individual tax returns Limited liability — Company directors, officers, shareholders and employees receive limited liability protection One-time annual tax filing requirement — C corps must file quarterly No double taxation — Income isn’t taxed twice as corporate and dividend income Investment opportunities — Companies can use the sale of stock shares to attract investors But S corps still face unique restrictions that don’t apply to other business entities — like evaluating and choosing a compensation structure that meets IRS standards. And that’s where clients and their...

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