Podcast: Getting Workers’ Compensation Right | Health Benefits Key to Talent Retention | e-Verify

In StaffLink’s Small Business Week this week we’re sharing an interview with Stafflink’s founder and President, Abram Finkelstein on the importance of complying with your state’s workers’ compensation laws. Plus, we take a look at this week’s stock market performance. For HR professionals, we’ve put together a collection of articles with tips for hiring and retention.

StaffLink handles workers’ compensation claims for clients nationwide. Find out what we’ve learned about compliance in this podcast featuring our CEO.

South Florida employers top the charts (and not in a good way) when it comes to workers’ compensation fraud. Is your business following the law? You can’t afford not to.

Find out how to handle workers’ compensation compliance the right way in this StaffLink podcast covering what you should know about Florida’s Workers’ Compensation law. While you’re on the podcast web page, be sure to download your free Florida Workers’ Compensation Checklist too!

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The stock market shakes off doubts and continues to climb.

Reuters reported Thursday that U.S. stocks were headed up for the fifth day in a row. In Tech, industrials bolster Wall Street’s recovery, Sruthi Shankar and Aparajita Saxena report that while some selloffs occurred this week, investors appear optimistic and stocks are trending up.

The new federal budget includes increased spending on immigration enforcement and requires mandatory e-verification.

One of the provisions in the FY 2019 budget is a requirement that all employers nationwide use the federal government’s E-Verify system for confirming their employees’ work eligibility. Explaining this and several other immigration measures included next year’s budget, SHRM’s Roy Mauer gives us Trump Budget Calls for Mandatory Nationwide E-Verify Use.

Finding and keeping top talent requires attention to detail.

Any employer who has ever had to fire an employee knows that a mismatch between candidate and job can be a costly mistake. But how do you avoid a bad hire?  Inc. contributor Marcel Schwantes offers his advice in 20 Interview Questions That Will Reveal a Superstar Job Candidate.

Once you’ve found your dream employee, how can you keep them happy? SHRM’s Stephen Miller writes, Employees Are More Likely to Stay If They Like Their Health Plan. Flexible plans that save employees money can save you from being understaffed.

What else keeps employees engaged? Skilled management.  In Ten Skills Every Manager Needs–But 90% of Managers Lack, Forbes’ contributor Liz Ryan explains that good managers do more than direct workers’ activities; they actively lead. It is these leadership skills, she writes, that many managers lack. Open and two-way communication creates a work environment that makes employees want to stay.

No matter what size your business is, compliance can be complicated. StaffLink is here to help. We manage workers’ compensation for clients doing business in Florida and nationwide.

Don’t forget to download your free Florida Workers’ Compensation checklist this week. And, call us at 877-899-LINK to discover how StaffLink can help you keep your business running smoothly.

 

Economy Surging | Tax Reform Boost | 2018 Tax Info | High Achievers

StaffLink’s Small Business Week — January 19 Highlights

In StaffLink’s Small Business Week this week, the economy continues to set records; passage of the tax reform bill prompted many companies to increase employee wages and bonuses; 7-Eleven raids in Florida serve as a cautionary compliance tale for employers; 2018 tax information and tips for businesses preparing for the coming tax season; a look at workplace legal trends; and, how high achievers start their days.

Trump, the Economy, and tax reform 

Love Him or Hate Him, Trump deserves Credit for Booming Economy announces Investor’s Business Daily’s January 12, 2018, editorial. The editorial cites increased wages, bonus payments, and industrial expansions as evidence.  He is not alone, even some of the President’s media critics are now granting the president begrudging praise about his economic policies.

CNBC’s Market Insider with Patti Domm wrote Trump economy’s sustained growth pace unlike anything seen in 13 years. Will the good times last? Some economists tell Domm that they are waiting to see what happens in Q1 of 2018, but for the most part, there is strong optimism in the business community.  In fact, small business optimism is the highest its ever been in the 45 years since it was first measured. 

Corporate America is also proving critics wrong about the impact of tax reform.  More than 164 companies have either increased wages, paid bonuses, or both, including Apple, Walmart, JetBlue, American Airlines, and several large banks, to name a few.  You can find the list in Paul Bedard’s  article, Boom: 164 companies give bonuses, lower fees to millions. 

Which company is serving up the biggest bonus awards? The Street’s Annie Palmer tells us that most employees of Apple will receive $2,500 bonuses in Apple Just Handed Employees the Biggest Tax Bill-Related Bonus So Far.

What can we learn from the mistakes of others?

As the dust settles following the Department of Homeland Security’s raids on 100 7-Eleven stores, including several in Florida earlier this month, Workforce contributor Montserrat C. Miller examines what we can learn from the event. Miller also offers his tips to ensure that your business has its paperwork in order in Raid on 7-Elevens a Stark Lesson in I-9 Immigration Compliance.

Withholding tables plus small business tax hacks for 2018.

The new tax law included several changes that affect individual income withholdings. What should employers and employees do about the changes? SHRM’s Stephen Miller explains in IRS Issues New Withholding Tables for 2018. According to the article, the Trump administration anticipates that ninety percent of wage earners will take home more of their pay following the adjustments.

What can small businesses do to keep more of their money out of the tax collector’s hands? Entrepreneur contributor Peter Daisyme offers up 10 Tax-Savings Hacks That SMall Business Owners Often Miss to help us out. Save those receipts!

Making the most of your morning.

Inc. contributor Christina DesMarais says that high achievers get a head start by starting their mornings right. She tells us their formula for success in Here’s How the Highest Achievers Start Their Days Differently Than Everyone Else.

A look at the latest workplace legal trends.

Sharing good news and bad, SHRM’s Lisa Nagele-Piazza and Allen Smith have put together 8 Workplace Legal Trends for 2018. They predict that the Department of Labor will be employer-friendly and the Obama era overtime rule will see a rollback. Business challenges will include navigating harassment and retaliation claims. Plus, companies will need to adjust to changes in various state drug laws.

Watch This–

Political and social division is deep in many places, not just the U.S.  And, both sides are to blame.  But in the ‘down under’ one organization thinks it’s come up with a solution, and their ad was voted ‘top ad’ in the world this week in BestAdsonTV.   

There may be ‘mutt-in’ better than lamb to heal the  political divide.