Sara Lanns 
Employer coverage – Is your business covered by the Family and Medical Leave Act (FMLA)? You must adhere to the FMLA if you employ at least 50 employees in 20 or more workweeks in the current or prior calendar year. The employees must also meet certain eligibility rules. Notice requirements – Is the FMLA poster … Read more
A 2020 report by Ernst & Young says on-demand pay is “the term used to describe a category of financial products that give employees the ability to draw on their accrued wages before payday.” The Case for On-Demand Pay In 2017, CareerBuilder reported that a staggering 78% of U.S. workers live paycheck to paycheck. Since … Read more
How much money is lost when you leave a position vacant? There’s a financial impact to keeping a role open. Efficient, productive firms have talent acquisition and retention plans to quickly fill the pipeline with great candidates. Without those processes in place, however, recruiting, screening and acquiring new staff can be costly and time-consuming. The … Read more
The workplace of the future is no longer abstract. It is a reality, but a reality that is different for each business. Every workplace has changed since March 2020, although no two have changed in exactly the same way. However, there is one common theme: Most companies now rely more on technology to increase workplace … Read more
As the unemployment rate falls from its 2020 high, employees are switching jobs in record numbers. The new stability in the economy means workers have more leeway to shop around for jobs that fit their lifestyles, needs and values. Now, the onus is on employers to provide an environment that makes their star team members … Read more
Family offices act as the heart of a family’s operations, doing everything from managing their financial lives to overseeing their investments, paying bills, pursuing philanthropic activities and making travel arrangements. The scope of the family office’s operations depends on the family’s wishes, as well as its budget. For many families, having a qualified team in … Read more
In Bloomberg Tax & Accounting’s 2019 Payroll Benchmarks Survey, 69.2% of respondents said they used outside vendors to perform payroll functions, while only 30.8% said they did not outsource payroll. Let’s look at the practical and financial reasons so many companies are taking the payroll outsourcing plunge. Payroll compliance Payroll laws are numerous in scope, … Read more
Studies show that the vast majority of employers use payroll software, which saves time by automating manual processes and decreasing administrative labor. The software calculates gross-to-net wages and enables direct deposit payments. However, there’s more to payroll than paying wages. To meet your other payroll needs, the software must have five important attributes: integration, self-service, tax … Read more
The Equal Employment Opportunity Commission has updated its guidance on workplace COVID-19 vaccine policies. The agency’s original guidance, issued in December 2020, addressed COVID-19 vaccine mandates, discussing COVID-19 diagnosis or vaccination status with employees, and handling reasonable accommodation requests from employees. The EEOC’s updated guidance clarifies whether employers can mandate COVID-19 vaccinations and offer incentives … Read more
The Treasury Department and the IRS have issued Notice 2021-53, which provides guidance to employers about using Form W-2 to report the amount of qualified sick and family leave wages paid to employees for leave taken in 2021. This is welcome news for many taxpayers, as this guidance covers the Families First Coronavirus Response Act as … Read more
