Jul 06

6 Tips For Hiring C-level Executives

When you first start your company, you are the CEO of yourself, the boss of one employee. But the time comes when you start to grow. And any CEO with a growing company will need help at the top level.

As you start to scale, you may want an executive in charge of finances—your Chief Financial Officer (CFO). Perhaps you’re focused more on strategy and want someone in charge of technology—your Chief Technology Officer (CTO). Maybe you are so focused on the strategy that you need someone to manage the day-to-day—your Chief Operations Officer (COO). The C-suite effectively becomes your go-to team for solving different big-picture goals and processes.

Bringing on C-level executives doesn't require the same hiring process as with lower-level employees. They're paid more, for starters. They also bring significant experience... and baggage. While a bad entry-level employee can slow things down, a bad C-level employee can cause the business to spiral out of control. When hiring at the C-level, it is important to make the right choice. Read More
Jul 02

5 Reasons To Offer A 401(k) As A Small Business

A 401(k) program is one of the most common benefits that large companies offer. But many small companies seem to avoid the 401(k) for one reason or another. Either the companies believe that it's too expensive or, worse, they just don’t understand them. 

Your company is at a serious disadvantage if it doesn't offer a 401(k). Even if you’re a small, seven-person startup, you risk losing top talent if you don't offer a 401(k) to your employees. You have to match anything; rather, it is creating the system so that employees can contribute to their retirement. If you don’t offer it, employees are immediately suffering because they have to find another, less lucrative, alternative.

Basically, you can't lose. Here are our top reasons to offer a 401(k) as a small business. 

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Jul 01

11 Simple Ways To Relieve Stress At Work

We're all stressed by our jobs at one point or another. Most of us feel there’s not enough time in the day to get everything done.  There are a number of causes of stress in the workplace: low salaries, difficult jobs (or conversely, the lack of a challenge), no control over one’s own position, limited or no opportunities for advancement - the list goes on and on.  You probably have a few reasons of your own that you could add to the list!       

Too much stress at work isn't good for your mental health or your productivity.  While a little bit of stress can sometimes serve to motivate, too much can make you overwhelmed and scattered. So, how do we de-stress?  Drop your to-do list for a few minutes and check out our easy ways to relieve stress. 

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Jun 29

Breaking Down Your W-2 Form

The most common tax document that employees in the United States receive is the W-2 form. If you have a full-time job and are not just a freelancer, you are going to receive your W-2 by the end of January.

(Are you a freelancer? We broke down the 1099-MISC here.)

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Jun 26

Stick To This Compliance Checklist For Your Employee Hiring Process

When the time comes to start hiring new employees, it is important to ensure that your entire process from start to finish is totally compliant. While the upfront work may feel daunting, the time is well worth avoiding potential liabilities or lawsuits down the road. 

What does "being compliant" mean for a small company? Many things, all of which revolve around employment law. We've covered the five common employment law risks here.

Having a solid compliance checklist ensures that you avoid liability during your employee hiring process. Pair this with your onboarding happiness checklist for a truly smooth new hire onboarding (that will likely increase employee retention).

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Jun 25

Breaking Down Your 1099 Tax Form

As consulting and freelance work become more and more common, tax forms get more and more confusing. But they don't have to be. We're breaking down the 1099-MISC tax form for you. The 1099 tax form reports any miscellaneous payments made by businesses to non-employee individuals during the past business year. So if you've consulted outside of your full-time job or freelanced this past business year, you're set for the next tax season.

(Are you a full-time employee? We broke down the W-2 tax form here.)

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Jun 24

Inefficient Meetings: Just Say No

Everyone seems to despise meetings. Why? They’re long, usually boring, inefficient, and eat up a lot of the work day.  People often feel like they could be spending their time better elsewhere.  But- shocker - meetings are truly important to a business.  Our CEO, Isaac Oates, has already shared his thoughts  about the importance of effective meetings, and the downsides to disorganized ones.  I’m here to elaborate!

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Jun 22

Build The Best Expense Policy For Your Company

One of the more annoying aspects of running a business is all neccessary paperwork. One type of paperwork that needs to be created from the second you hire your first employee is an expense policy. Once employees are  potentially spending company money for any reason, you need to have a policy in place that lays out all the rules. 

Creating an expense policy will avoid miscommunications on money spent or intentional overspending. It will clarify exactly what is allowed to be purchased (dinner, cabs to the airport) and what isn't (a wild night out). 

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Jun 19

What is a 529 College Savings Plan? And Should Your Company Match It?

College is expensive. If my $40,000 in student loan debt can’t attest for that, I don’t know what can. It is not uncommon for students graduating to have accrued tens of thousands of dollars in student loan debt.

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Jun 18

Track Paid Time Off, Even When You Offer Unlimited Vacation

Switching to unlimited vacation policies is a popular benefits trend among startups. And there's good reason why. Doing so shows employees you care about their work-life balance. It's also an easy perk to offer that helps attract top talent.

But continuing to track paid time off - even if the offering is unlimited - is important as well. 

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This blog is written by the team at Justworks. Justworks makes it easier than ever to run your business and take care of your team. Here we write about our own startup stories as well as things we've learned along the way about how to run a great business.

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