I recently had a mechanical engineer who builds bridges in my office. After we discussed Medicare he said, “I build bridges and I STILL don’t understand this stuff.”
The Affordable Care Act(ACA) is the law that has set the guidelines for individual and group health insurance benefits since 2010. One of the aspects of the law was that if an individual or group was enrolled in a health insurance plan prior to January 1, 2014, that plan could be kept – as long as there were NO changes to the plan design.
Personnel files should be treated as private company records belonging to you and your individual employees. You don’t want to allow just anyone in the company to rummage through the performance evaluations, salaries, and job applications of coworkers. Keep employee files in a locked cabinet. Make them available only to those people in your company who have a legitimate business need to access the files.
Owning company stock in your employer-sponsored retirement plan is not necessarily a bad thing. Company stock can potentially help employees profit from a company’s success and even provide tax benefits. But holding company stock can present unique risks, particularly if the stock allocation represents a large percentage of your total retirement plan assets.
With summer upon us, many business owners may decide to hire students who are home from college for summer break. This may lead to the question of whether the person hired is an employee or a contractor. What you decide can make a big difference in how their pay is figured and if you are required to withhold taxes for them or not.
While digital communication and social media are so vital to business, have you let your in-person communication fall to the side? Have you become uncomfortable with face-to-face communication and sales calls? Or never even started it? Face-to-face relationship building is vital to grow your business and continue to flourish. Here are some strategies to strengthen your in-person communication skills.