As each year comes to a close, small business scramble to make sure that they have all of their paperwork in place to maximize their tax write offs. But even if the small business has all of their paperwork squared away, many times, they don’t realize that there are certain small business tax write offs that can help to minimize what they owe.Read More
My inbox is a mess. I’m that friend of yours that has the number 15,000 in red on the mail icon on their iPhone. I never delete anything because I'm afraid I'll need it. What if I delete something, and that was the very email I needed to reference?
Are you like me? Do you need to develop better email organization habits? Well, my friend, here are some organization tips that you (and I) can use for cleaning out our inboxes. Now, inbox zero is a rather rigorous approach. Don't expect to keep your unread e-mails at zero all of the time.
But coming up with an organizational system will certainly make inbox zero more obtainable. And it will help you find important information quickly, be less stressed, and more productive all around.Read More
Above all else, don’t go into negotiations with a confrontational attitude. Negotiations with a new hire present a wonderful opportunity to reflect your company’s core values while empowering your newest team member. Want a positive experience for all? Follow these eight tips on how to negotiate salary.Read More
One of the most important forms that a business needs to have all new employees fill out is the Form I-9. This is a form from the Department of Homeland Security (DHS) to document verification of the new employee’s identity and his/her employment authorization. In essence, DHS wants to ensure every employee that you hire is legally allowed to work in the country.
The I-9 Form breaks down into three parts.
- The Employee Information and Verification section, which includes all the basic information about that employee.
- The Employer Review and Verification section, which is where the employer analyzes the documents provided by the employee.
- The Updating and Reverification section, which is for special cases of employees. I’ll describe those below.
It is very important that employers do the form correctly and store them in a place that can be accessed within three days of the Department of Homeland Security requesting them. Unlike other forms, you don’t actually mail these in to DHS. If you don’t have them — or they’re done incorrectly — there can be significant fines assessed to your business. I-9 Form compliance is one of the most common and easily avoided compliance fines.
Because of this, understanding the I-9 Form is very important.Read More
As your business continues to grow, you’ll soon be required to offer health insurance to your employees.
The Affordable Care Act mandates that companies with more than 50 full-time employees have to offer health insurance. Therefore, as you continue to scale, you’ll have to start doing research on what kinds of health insurance you want to offer your employees.
We've written a guide detailing how the Affordable Care Act affects small businesses. You can download it for free here.Read More
Every year, companies are forced to pay billions of dollars in fines related to common HR compliance rules set forth by the government. As an example, the U.S. Equal Employment Opportunity Commission revealed that in 2010, “it secured more than $404 million in monetary benefits for individuals.” And that’s only with regard to discrimination.
The reality is, it can be hard to keep track of each and every instance where compliance could be an issue. There's a huge variety of fines businesses large and small can incur. And for small businesses, those fines can add up quickly.
We've outlined some common compliance fines that can occur around human resources.Read More
Our work lives are fast paced, jam packed, and seem to get longer and longer. 9:00-5:00? Not anymore. Most of us feel like we have an ever-growing pile of work and not enough time in the day to actually sit down and finish it.
How can we save time at work? And more importantly, how can we better utilize the active work time have between meetings? Okay, maybe wearing the same thing everyday to reduce decision fatigue doesn’t appeal to you, so here are some of the best tips we found (although coffee never hurt, too):Read More
I hate meetings.
There is a common misconception in the work place that people in meetings are getting work done. The idea is that by sitting around a table and discussing plans of action, work can be approached more efficiently and clearly.
But many meetings aren't as productive as they're intended to be.
And that waste of time is interfering in how much money businesses can make in profit. According to Research Digest, there is $37 billion in yearly salary cost for wasted meetings for U.S. businesses. Imagine what your business could do with a little chunk of that $37 billion.
Fortunately, there's an important way to get around this.Read More