Week’s Best -Trump’s Choice on OT Rule | Why Employees May Leave in 2017 | 13 Cyber Security Options

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Well, the Christmas and Holiday Season in 2016 is in full swing: Michael Buble’s holiday album is generating massive hits on Pandora; neighbor’s homes are decorated with projection lights rotating stars, colored dots, and various shades of green and red; and, Black Friday and Cyber Monday reported sales of 3.4 billion and 4.5 billion dollars – both records.

President-Elect Trump is rounding out his cabinet.  Of special interest to small business owners is the appointment of World Wrestling Federation Chief, Linda McMahon, to head up the Small Business Administration. Some critics are ‘wrestling’ with the nomination of Oklahoma’s Attorney General, Scott Pruitt, to the Environmental Protection Agency, but not the SBA pick; Linda helped build the WWE from the ground up.  Regarding Pruitt, a friend of the oil and gas industry, and frequent EPA critic, his pick signals that President-Elect Trump is not embracing climate change at this point in his administration.

In HR, SHRM’s Trump Faces Choice on Overtime Appeal details the obstacles and schedule issues facing the Department of Labor; it is unlikely they will be able to receive a final determination before the inauguration; and, it is uncertain what Trump will decide about the rule once in office.  Stay tuned.

Amid uncertainty about Obamacare, many small businesses may be wondering what to do now.  Inc’s 4 Best Healthcare Options for Small Business provides a clear guide to your best options.

We reported last week that companies are altering their benefits packages to attract and retain top talent.  CIO’s 10 Companies with Benefits’ Packages You Won’t Believe provides you a look at just how serious some companies are about keeping and hiring top talent.  If you can’t alter your own benefits package significantly, at least you can take positive steps to enhance the employee experience: Inc’s 9 Reasons Your Best Staff May Leave in 2017 gives you a helpful list of things that consider.  And, SHRM’s Skill Shortages and Non-Competitive Pay Cause Recruiting Woes reveals why even in this tight job market, some jobs are still remaining unfilled.

In RiskBusiness News Daily’s 13 Cyber Security Solutions for Small Business presents you with software solutions that can help protect you from the rapidly growing number of cyber and ransomware attacks.

In Personal Productivity, Inc.’s Jessica Stillman posted Daily Creativity Keeps the Blues Away , which reveals research that shows those hobbies of yours have more value than simply relaxation … and Inc’s Damon Brown produced a brief video that shows you How to Make Time for Your Passion Projects … Quora’s 10 Simple Habits that Make You Instantly Likable presents a series of tips that can help you or your sales team professionally, and in personal relationships.

If you procrastinate, you now have real help.  Lifehacker reports that You Can Now Get One of the Best Short-Courses on Procrastination for FREE . Productivity trainer Kosio Angelov built a paid course at Udemy, and over a thousand people took it. He reveals the science behind procrastination, and offers simple tips to help you eliminate it; and, the course that used to be $47 is now FREE.

In Trends, do you know what RPA is?  It’s a new acronym for Robotic Process Automation.  McKinsey & Company produced an online post that explains it, and most importantly, how it may soon affect you – an interesting read … the new bluetooth is here, and it’s a lot more powerful than its predecessor …  and, do you remember the Jetsons?  Well, the time of the flying car may soon actually arrive; learn about it this week’s Tech Crunch article.

Enjoy Your Weekend.

Week’s Best – Trump Signals Healthcare Changes | 11 Salary Negotiation Mistakes | 15 Grammar Tips

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Well, December is here … things have calmed down a little since the election, and pundits have begun predicting what this new Trump administration will do.  One early focus is on healthcare … SHRM’s article, which we’ve re-titled ‘Trump Signals Major Changes to U.S. Healthcare with HHS Pick,’ gives you an advance look at what to expect for Obamacare.  Trump selected Georgia Representative Tom Price, also a surgeon and strong Obamacare critic for the post … Inc. published the 4 Best Healthcare Options for Small Business Owners – an excellent primer in this changing environment.

Here in Florida, a legal challenge to new Florida Workers’ Compensation rate increases appeared to delay the December 1 start date; but the state of Florida won its appeal, and the new rates are in effect.  You can read all about the new rates and legal challenges on our Blog Post.  As it now stands, current STAFFLINK clients will not be affected by the changes until March 1, 2017.

Also from SHRM this week, the Department of Labor appealed the FLSA Overtime Rule stay, leaving us to wonder When to Expect the Final Overtime Rule Decision; read the article and you’ll find out the most likely time frame, and the variables that can affect the final date.

In HR, tips on job hunting and candidate interviewing were big this week … Business Insider posted an informative video entitled  The Perfect Resume – great content if you are re-tooling your own … and, if you should make it all the way to the final round of the interview process, you should review Inc.’s 11 Mistakes People Always Make When Negotiating Salary ; The article includes some clever tips from some of America’s most successful negotiators.

From the management side of things, TLNT’s Why We Ask These 5 Questions, and Why You Should, Too, and SHRM’s How Companies are Altering Benefits to Attract and Retain Talent provide tips to help you find, select, and keep the ‘right’ people.

Also in HR, the IRS Issued an Extension for Employers’ ACA Reporting to Individuals; the new March 1, 2017 date gives everyone an extra month to get things done.

In Productivity, 15 Grammar Tips to Make Yourself Smarter was a popular post; read it and improve your writing skills quickly …

As the holiday season approaches, we’ll leave you with one of the most popular television ads in the United Kingdom this season … seems Mrs. Claus does more than we all knew …

Cheerio !

STAFFLINK ALERT: FLORIDA WORKERS’ COMP RATE INCREASE UPDATE – APPEAL UPHELD

A 14.5 percent increase to state workers’ compensation rates will take effect Dec. 1 after the Florida Office of Insurance Regulation (“OIR”) filed and won an appeal to a ruling that would have voided the rate hike.

What this means is that we now go back to implementing the approved Dec. 1 rates for both new and renewal business.

For existing policyholders, the new rates will take effect at the policyholder NCCI Anniversary Rating Date.  Current STAFFLINK clients will not be affected until March 1, 2017.

We will keep you updated on this issue, as there is always a chance for an appeal of the new ruling.

STAFFLINK OUTSOURCING

 

Florida Workers’ Compensation Rate Increase Blocked

 

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UPDATED DECEMBER 1, 2016 (See Dec 1 Blog Post)

A Florida circuit judge has blocked a 14.5 percent workers’ compensation rate increase due to go into effect Dec. 1 after finding that the insurers’ rating organization and state officials did not comply with the state’s Sunshine Laws and open meeting requirements in setting the new rate.

Leon County Circuit Court Judge Karen Gievers ruled that the rate increase negotiated between the National Council on Compensation Insurance (NCCI), which represents insurers, and the state regulators within the Office of Insurance Regulation (OIR), cannot go into effect and that NCCI must turn over documents requested by the plaintiff in the case.

NCCI claims it has complied with applicable open meeting and other Sunshine Laws on transparency and the state of Florida has appealed the ruling.

The rate increase was slated to become effective on Dec. 1 for new and renewal business, with no change in rates for current in-force policies.

We will keep you posted as we learn more about the proposed workers’ compensation rate increase.

STAFFLINK OUTSOURCING

1776 North Pine Island Road, Suite 108, Plantation, Florida 33322

Phone: (954) 423-8262 l Fax: (954) 423-8263 l Toll Free: (877) 899-LINK Email: info@stafflink.net

Power HR Recruitment with Mobile and Video

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Successful Companies Power HR Recruitment with Mobile and Video Technology

Finding and hiring the ‘right’ employees is critical to the success of your company, and the competition for the best talent is more intense now than at any time in recent history.   Whether your company chooses to integrate mobile and video technology into its recruiting strategy will either gain it a competitive edge or disadvantage in the talent marketplace.     

MOBILE TECHNOLOGY – NO LONGER AN HR OPTION

If you haven’t adapted your recruiting process around mobile, you are already at a disadvantage.  More people now open emails on their mobile phones than on a desktop or laptop computer, especially millennials.  In 5 Ways to Use Tech to Drive Hiring, HR consultant Tony Dill explains why mobile adaptation is important:

Many HR departments have not even investigated whether their online job applications function on multiple platforms. An application that’s unusable on a phone or tablet gives off a poor impression, and is less likely to be completed. Conversely, a bright, clean interface that’s mobile-optimized is appealing to millennial talent, and begins building brand loyalty before applicants ever set foot in your offices.

Are your questionnaires brief, reflecting your company’s understanding that a large share of prospective employees will be responding on their smartphones?  If it’s too long, Dill says it will lose you candidates:

Applicants want to see an application that’s short and sweet. Ten questions or less, in fact … Filling out a long application on a mobile device is a hassle. Applicants know they’re going to provide you with a resume and cover letter. They know there will be an interview process. Redundancies feel like time-wasters. And job-seekers are applying for multiple open positions, so while a long application may not seem like a problem to you, and you may even view it as a useful tool to weed out less serious candidates, job seekers’ time is at a premium. 62% of them say your application should take no more than 20 minutes to complete. 60% say they won’t finish an application that’s too long.

THE POWER OF VIDEO TO DOUBLE CANDIDATE ENGAGEMENT

Video, too, has emerged as an effective candidate engagement and recruitment tool.  SHRM’s Roy Maurer explains how Fidelity integrated a simple, low-cost video approach to its recruitment Ad strategy that doubled candidate engagement – a process any company can easily adopt.

Fidelity’s ads sometimes pair a video from the hiring manager with up to two additional clips introducing potential co-workers. The videos are about 30 seconds in length, and are shot on a smart phone or tablet by the hiring manager or recruiter. “If you want an almost guaranteed 90-percent click rate, the videos must fall between 20-30 seconds, and no longer,” Hanigan said. “You just want the video to pique interest. You want it to engage with the candidate, so they will click and consider applying for the job. You’re providing them with that spark to take the next action.”

At a time when the job market is especially tight and employee turnover is at its highest rate in modern history (average employment duration is now only 4.4 years), integrating current mobile and video technology into your recruiting process is smart, and necessary.

IF YOU WOULD LIKE ASSISTANCE FINDING THE ‘RIGHT’ EMPLOYEES FOR YOUR COMPANY, GIVE US A CALL – IT’S ONE OF THE THINGS WE DO AT STAFFLINK.  CALL -877-899-LINK, AND ASK FOR AN HR BUSINESS PARTNER.

Nov 25 Week’s Best – Judge Halts FLSA OT Rule | 25 Things to Begin Now for 2017 | Power of Gratitude

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Hope your Thanksgiving Day was filled with family, friends, and gratitude.  Our STAFFLINK Blog PostThe Power of Gratitude changes lives and businesses – in 26 ways, according to science.  You can review an infographic that presents all 26 by categoray in the post.

In HR, Also this week, a Texas Federal Judge Halted the FLSA Overtime Rule, at the very least delaying its December 1 start date … SHRM’s The FLSA Overtime Rule Has Been Blocked, Now What has the details, and what to expect.

Also in HR, TLNT posted  ‘7 Things You Can Do to Keep Your Best People, a quick read with sound ideas to help you retain your talent – an important goal in light of the tight job market … and, as the holiday season begins, Business Insider’s 5 Ways to Keep Your Employees Engaged During the Holidays offers a few helpful insights.

In Leadership/Management, Entrepreneur’s 25 Things to Begin Now to Make Your Company Thrive in 2017 is an excellent resource and review for small business owners who may want to get a good jump on the coming year.

And, in Tech, Business Insider posted 3 Must-Have Travel Accessories – a review about small, yet powerful electronics gadgets that make travel more entertaining and productive.

As we enter the holiday spirit, we thought you might enjoy the new, highly popular video ad from John Lewis.  Enjoy!

Thanksgiving – Key to a Happier, Healthier, More Productive Life and Business

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Thanksgiving is a more important holiday than we generally understand.  Science has proven that developing a genuinely grateful attitude makes us happier, healthier, more productive, and improves our relationships.  Moreover, a sincerely grateful attitude also improves our business.

In The 31 Benefits of Gratitude You Didn’t Know About, the authors list five categories of our lives improved and enhanced by choosing to reflect on that for which we are grateful: health, emotion, social, personality, and career.  Below is an infograph that summarizes ‘how’ gratefulness improves each category, taken from their review of 26 studies.

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THE IMPACT OF GRATEFULNESS ON BUSINESS

Business, too, is improved by an environment of gratefulness.  The Gallup organization conducted a study of 10,000 organizations in their report The Power of Praise and Recognition.  Said Gallup:

Our latest analysis, which includes more than 10,000 business units and more than 30 industries, has found that individuals who receive regular recognition and praise:

  • increase their individual productivity
  • increase engagement among their colleagues
  • are more likely to stay with their organization
  • receive higher loyalty and satisfaction scores from customers
  • have better safety records and fewer accidents on the job . . .

So, on this Thanksgiving, we encourage you to take a moment to pause and reflect – to even consider a daily 5-minute practice of writing down those things for which you are grateful – it may be one of the greatest investments you ever make in your own life, and in your business.

Happy Thanksgiving!

Nov 18 Week’s Best – 2016 Social Media | 4 Tips for Your Healthcare | Jobs of the Future

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Well, it’s that wonderful time of year when we focus on the many things for which we have to be thankful … of course, many of us reflect while eating far too much, and the overload of carbs – about 2,000 extra calories for the average 180 pound man – puts us into a slumber for most of the early evening … sound familiar?

After it’s all over, and before Black Friday Deals (which now encroach on Thanksgiving, but we’ve included a link to some of the best deals, anyway) put whole cities into a frenzy, the average American adult male has put on enough extra weight to require the equivalent of a 5-hour walk to work off the excess calories. So, keep that in mind while you work on that second or third serving … One other thing: don’t blame your tiredness on the turkey, it’s actually just the overload of carbohydrates that causes the problem (mashed potatoes, stuffing, pies, etc.).

Here are a few fun Thanksgiving facts …

  • Which state produces the most turkey?  Minnesota, followed by North Carolina, Arkansas, Missouri and Virginia.
  • How much turkey do we consume?  736 million pounds
  • Which state produces the most cranberries?  Wisconsin.  The U.S. produces 789 million pounds of cranberries annually; 450 million pounds of cranberry sauce is consumed at Thanksgiving alone.

FLSA COMING DECEMBER 1ST 

Right after the weekend, you’ll have only three days to finish preparation for the new FLSA Overtime Rule on December 1st, if you haven’t done so already.  The link provides you most of the information you need to know.

HR – The election is behind us and every one is getting used to the title, ‘President Trump.’  We posted A Trump Administration and ACA article last week from SHRM.  This week, Forbes posted a very helpful article, 4 Tips to Help You Select Healthcare Coverage at Work, that helps you sort through the ever-changing coverage options, and avoid making costly mistakes … also in HR, SHRM’s I-9 Violations Can Be Costly shows how companies are paying heavily for compliance mistakes regarding the hiring of foreign workers. USCIS Issued a New I-9 form recently, and you can see it by clicking the link; it is required for I-9 submissions beginning January 22, 2017.

In Money, the stock market rallied on the Trump victory, which focus more attention on investments.  Our Blog post, The Most Important Factor in Your Retirement Plan Is? shows you why your company 401(k) has become more important now than at any time before, and which component has the most impact on the success of your retirement income. For those of you in your 50’s who may feel behind, the post also offers a few tips that can help you maximize the next few years of preparation.

If you are a small business looking for a ‘good’, no change that to ‘exceptional’ 401(k), you’ll find a brief video about the STAFFLINK 401(k) at the bottom of the blog post – and 6 reasons why it is better than plans available in the marketplace.

Sales & MarketingBuffer posted 2016 Social Media Industry Report: The Future of Social Media that presents the findings of their extensive survey of social media professionals.  The article shows you what is current, what’s effective, and how to make it all part of your marketing mix – definitely worth a look.

In Leadership/ManagementTLNT shared an article about how Outsourcing HR Provides Big Benefits for Small Business – take a look, and consider STAFFLINK if you don’t already work with a PEO; we understand the unique compliance and business issues of Florida business owners, and we’ll help you simplify and protect your business.

In Trends, SHRM’s Jobs of the Future Will Require Data Analysis skills provides concrete advice about where the job market is heading … an insightful article that can help advance your career, or, if you are a company owner, give you ideas about how companies are using data analysis to grow.

In Productivity this week, Inc. presented two articles, 8 Harsh Truths That Can Make You More Successful Immediately and Don’t Treat Your Weekends Like Mini-Vacations that can improve your ability to advance your career, and help you make beneficial life changes.

Enjoy Your Weekend, and Happy Thanksgiving.

THE MOST IMPORTANT DECISION IN YOUR RETIREMENT PLAN IS … ?

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The Most Important Decision In Your Retirement Plan Is … your savings rate, period.  Nothing else comes close.  How early you decide to start saving is huge, yes, but at any age your savings rate is most important. So, put aside as much as you can afford, and start saving now if you haven’t already.

THE CHANGING RETIREMENT LANDSCAPE

Retirement planning has changed considerably in 20 years.  The 30-40 year company employee has nearly disappeared, replaced by employment relationships that last, on average, only 4.4 years.  As a result, individuals are more responsible for their own retirement planning, and 401(k) plans, which came into their own in the 1980s, have become widely popular.  Some 401(k) features helped alter retirement strategies, too.  According to a Forbes article:

In decades past, workers built retirement savings by paying down the mortgage balance on their home, putting money in savings bonds and building up cash values in their life insurance policies. Although it can be argued that these approaches are admirable, the reality is that not as many Americans are doing this. Instead, a sizeable chunk of a family’s retirement savings sits in their qualified plan at work. 401(k) features, such as automatic enrollment and employer match, make it increasingly easier to build up a retirement nest egg.

There are a host of decisions that impact how you manage your 401(k), but none is as important as the rate at which you save.

Adequate savings is the primary driver of retirement success and is approximately 5 times more important than Asset Allocation, approximately 30 times more important than Actuarial Assessment & Intervention, and approximately 45 times more important than Asset Quality.   Although Asset Quality typically receives the most attention, it is the driver which has the lowest impact on retirement success. (Retirement Success:  A Surprising Look into the Factors that Drive Positive Outcomes By David M. Blanchett and Jason E. Grantz, p.1)

The graph below, from the above report, illustrates the relative importance of retirement considerations.

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The key take-a-way is this: no matter your age, invest in your company’s retirement plan or 401(k) to the extent you can affordably do so now, so you can take advantage of tax-deferral (you can deduct your contributions from current taxes, and pay taxes later at a lower retirement income rate), company matching plans, and interest compounding.

And, the earlier you begin investing, the more you benefit, as the chart below illustrates.

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What If I am Over 50, and Don’t Have Retirement Savings?

What if you are one of a growing number of baby-boomers without retirement savings or a pension?  Don’t worry.  You can put into practice 5 things right now to improve your retirement future.  But again, start saving now.  Click this link for an in-depth review of each item.

  1. Start Saving Now
  2. Ditch Your Debt
  3. Delay Retirement
  4. Begin a Side Business that Can Begin Paying You in Your Mid-60s
  5. Develop Multiple Revenue Streams

It has never been as important to invest in your retirement as it is today – really.  Take advantage of your company’s 401(k) plan, a Roth IRA, or a personal IRA, and know the rate at which you save is by far the most important factor in your personal financial future.

LOOKING FOR A GREAT 401(k)?

Here’s 6 Significant Reasons to Consider the STAFFLINK 401 (k)

CALL US AT 877-899-LINK  TO LEARN MORE, OR FOR A FREE PROPOSAL.

Week’s Best – Pres-Elect Trump and the Workplace | Turn Stress into Motivation | Positivity | Veteran’s Day Tribute

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Well, it’s finally over … the 2016 Presidential Election has resulted in a new president.  But what will a Trump Administration mean to the workplace?

SHRM posted a series of articles that shows you what to expect:  In Trump’s Ideas for Change in the Workplace, SHRM’s Allen Smith outlines some of the changes Donald Trump mentioned during his campaign … and, in Trump’s First 100 Days, he outlines what changes are foremost on his agenda.

Healthcare will change. President-elect Trump has vowed to repeal and replace Obamacare.  In A Trump Administration and ACA, Steven Miller examines the kind of changes to ACA one can expect.

In HR, we posted an IRS Notice that Requires Employers to Submit W2s by January 31st, 2017.  And, the USCIS posted an I-9 Form Update that you can review by clicking this link … Did you know You Can Deduct Visa Fees for Some of Your Workers?  You can.  Find out about the guidelines and restrictions by clicking the link.

In Sales & Marketing, Harvard Business Review reminds us that Referrals are the Best Way to Generate New B2B Sales.  The article claims that 84% of all new business begins with a referral, and provides a few ideas about how that knowledge should impact your social media strategy.

In Leadership, Forbes’s Find the Joy: The Case for Unrelenting Positivity, presents simple truths leaders may want to consider in light of the recent election.  Though disappointment is expected after any election, says Myers, negativity harms, and leaders can influence those in their company by choosing a positive approach to any situation, elections included.

In Productivity, the election produced stress for voters and citizens on both sides of the political spectrum.  Inc.’s Turn Stress into Motivation is an insightful article that reveals how a simple 10-minute writing exercise can re-direct your focus and re-energize your purpose.

Today is Veteran’s Day.  At STAFFLINK, we salute those Americans who have served our country.  Thank you for your sacrifice for the freedoms and liberties we all enjoy.  This brief video, produced by USAA, is a tribute to your service …

 

Enjoy your weekend.