3 Tips for Discussing Pay With Your Employees

During the normal course of business, managers are typically required to have conversations with their employees regarding compensation. These discussions often revolve around setting pay expectations, communicating pay changes and responding to employees’ questions about pay. Setting pay expectations As stated in an article published by the Harvard Business Review, it’s important to “talk early and … Read more

Employee Retention Credit: Over but Not Done

The federal government’s Employee Retention Credit proved to be a lifeline for many businesses and their employees. The eligibility rules were complex and changed over time, as noted in an extensive IRS chart. Not all owners may have been able to figure out whether they were eligible; however, the IRS is giving them a break: Even … Read more

Quiet Quitting: What Employers Need To Know

CBS News says, “There’s a new term for clocking in and doing the bare minimum at work: ‘quiet quitting.’” This employee practice is a type of disengagement in which employees no longer go above and beyond at work. They do as little as possible, but just enough to keep their jobs. The term “quiet quitting” first … Read more

The Affordable Care Act: A Review and Update

As explained on the official government health care site, the law has three goals: Make affordable health insurance available to more people. The law provides consumers with subsidies (“premium tax credits”) that lower costs for households with incomes between 100% and 400% of the federal poverty level. Expand the Medicaid program to cover all adults with income below 138% … Read more

Fall planning? Remember the Maryland Time to Care Act

Fall planning is upon us and we want to make sure in addition to your thoughts around annual business strategies you are including the new Maryland HR regulation that will be impacting most organization’s next October. WHAT IS IT?On June 1, 2022 Maryland’s Time to Care Act of 2022 (TTCA) took effect. The law establishes an insurance … Read more

Outsourced Accounting and Due Diligence

Due diligence is a deep-dive investigation relating to compliance. It can be an essential function to help you understand your potential liabilities. Ongoing monitoring is essential to keep up with ever-changing risk factors, putting mitigating activities in place to attempt to lower risk exposure. The vital information garnered sheds light on your business procedures. How … Read more

What Types of Accounting Services Can You Outsource?

outsource accounting

Maintain accurate records; keep track of your company’s finances, bookkeeping, payroll, management accounting, taxes, accounts receivable, accounts payable and financial reporting; and follow up on debts and compliance. Phew! What a relief to have expert professionals to turn to for managing accounting functions. Are you looking for a broad range of tasks to be done … Read more

Take a Look at the Alternative Workforce

One of the most fitting descriptions of the alternative workforce comes from Deloitte. In the company’s words, they have said that “the alternative workforce has become an integral component of the workforce ecosystem, providing organizations with access to a wide array of skills and highly diverse talent that they may not be able to source through … Read more

How To Achieve Excellence in HR Service Delivery

HR Service Delivery

The human resource function is responsible for providing services as well as support to employees during their time working for a company, from hiring, onboarding, training and development to payroll, benefits and termination. This “services and support” arm is known as “HR service delivery.”  HR service delivery: Then and now Historically, HR has always been … Read more

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