Building out a sales team is a crucial step in any early-growth company. The timing may vary. Founders may start off selling themselves, wait until more funding comes in, or until after revenue hits a certain point to build a sales team.Read More
We know we’ve been a little quiet since we announced online employee benefits enrollment in April, but we’ve been hard at work. In the past few months, we’ve launched several new features such as Xero and QuickBooks Online integration and the ability to add life event on Justworks. Today, we’re excited to roll out even more product updates: new dashboard, updated commissions, changes to the doc center and 501(c)3 reporting.Read More
Working remotely or working from home has become increasingly more common, especially in the digital and tech industries. And managing a team that works remotely can save money and increase productivity.
Staying compliant when bringing on new hires is difficult enough, and it's way too easy to make mistakes. But staying compliant is even harder when hiring remote employees in other states. Each state has different rules on how employees are hired and employed. Here's an overview of the rules to keep in mind when hiring in a new state.Read More
The business is launched, the product is being worked on, you’ve signed a few angel investors, and you have a few employees. You can see that things are going to continue getting better, until one day when one of your employees asks about health insurance. And if you are growing and you are about to hit that 50 full-time employee mark, the Affordable Care Act definitely needs you to think about health insurance.
But when it comes down to it, there are three ways that you can go about getting your employees health insurance.
- Buy it direct: You do the research yourself and you try to find the company that is going to give you everything you want. Few businesses do this because it just takes too much time.
- Buy it through a broker: You basically outsource the procurement of that insurance to someone specialized in it. They can conduct your search for you.
- Buy it with a PEO: A PEO groups smaller companies together, giving them access to quality healthcare with the same affordable rates that large corporations enjoy. That’s what you get when you sign up with Justworks.
Small business using a PEO can save money in many different ways, in large part because PEOs give you the chance to offer more benefits to your employees at a reduced rate. Because of the nature of the business, a PEO can get a better rate for benefits like workers’ compensation, medical benefits, retirement plans, etc. And through this, the PEO is able to save your business money.
But what is a PEO? And how does it actually work? What gives it the ability to actually save a small business money on benefits that much larger corporations are able to offer?Read More
In what will likely become a trend around the country, California’s Health Workplaces, Healthy Families Act of 2014 went into effect on July 1, 2015. The bill, which took a few years to actually get through the Californian legislation, requires that companies provide paid sick leave for the majority of people that work in the state. This is a real coup for many low-wage workers in California because they have lacked the ability to ever take any time off.
The requirements for people to accrue leave are relatively straight forward. Once an employee has worked for you for 30 days over the course of a year, he or she is entitled to start accruing time. One those 30 hours come, the employee accrues one hour of paid sick leave for every 30 hours that he or she works. Therefore, if your employee works a 60-hour work week, they will get two hours of paid sick time off.Read More
Finding and retaining quality employees goes beyond the compensation package. The benefits package your company offers is often a deciding factor for candidates. Employers are able to offer benefits that employees can't access on their own, and so benefits are valuable for employees at a relatively low cost for companies.
Corporations and better-funded companies may seem to have access to the best benefits. But small companies can also offer employee benefits that are attractive to employees.Read More
When you do finally decide to start offering benefits to your employees—or if you have no choice due to ACA laws—you’ll want to find the correct healthcare plan for your company. And the right plan is not just about the price, but also how useful it is for your employees.
Before determining the right healthcare plan for your company, answer these three questions.Read More
In a battle that has been going on for quite some time, the Supreme Court offered its ruling that all states would have to not only recognize gay marriages from other states, but also provide it themselves. In the matter of one ruling, a battle that had been going on for decades could finally come to a close.
Rulings like this come with significant compliance changes. Getting your business up-to-date with the most current rules is necessary to ensure you don't make compliance mistakes and face resulting lawsuits or fines.Read More
While it isn’t the fun part of running a business, compliance remains one of the most important pieces of the day-to-day operation of your business. What’s unfortunate for many small companies and early-stage startups is that they just don’t know what the rules are. Even more, there are different regulations for each state, plus the federal regulations. And then those regulations are different depending on the size of the business.Read More