This Week: Trump Ends Obamacare | Corporate Cultures | HR Tax Tips | Joint Employment Bill | Brain Training | CA on Fire
StaffLink’s Week Ending October 13 Highlights: This week StaffLink takes a look at President Trump’s move to end Obamacare, HR lessons from the Weinstein debacle, the Tax Plan’s effect on small businesses, hacking your brain, and the California fires.
Eliminating Obamacare by Executive Order:
As Republicans vows to do better, President Trump moved ahead with his own plans to roll back Obamacare. In his October 12 Executive Order Promoting Healthcare Choice and Competition Across the United States, the President directed the Secretary of Labor to begin investigating ways to extend the use of association health plans, short-term, limited-duration insurance, and health reimbursement arrangements. Small business can hope to benefit from reduced healthcare benefits costs once these changes go into effect.
What are Republicans in Congress planning to do? The Washington Examiner’s Robert King tells us about their latest plans in Republicans renew commitment to repeal Obamacare after Trump order.
Is Your Company Committed or Complicit?
The Harvey Weinstein scandal is just one of several recent instances in which companies stand accused of overlooking the bad behavior of key employees. While many companies pledge to provide a safe workplace for every employee, some lack the commitment to follow through on that promise. SHRM contributor Kathy Gurchiek discusses the causes and consequences of this failure to act in A Culture of Complicity at the Weinstein Company.
As the world becomes more connected, secrets become harder to keep. A company that hopes to save face by covering for an owner or employee may instead find itself losing everything.
The President’s Tax Plan and Its Effect on Small Businesses:
Wondering how President Trump’s proposed tax plan will affect your business? Bill Smith highlights the biggest changes in his article, Breaking Down Trump’s Tax Framework and Its Potential Impact on Small Business at Entrepreneur.com.
Also from Entrepreneur this week, we found Everything Small Business Owners Need to Know About the 401(k) Match with advice from Kevin Busque on what small business can offer employees.
Filing the Paperwork:
In Not Every Aspect of Form 1095-C Can Be Outsourced, SHRM writer Allen Smith, warns employers that they remain responsible for ensuring that their ACA paperwork is accurate even if they outsource parts of the process. Employers with 50 or more employees need to provide the appropriate form to employees by January 31 and be prepared to submit the documentation to the IRS in either February or March. You can find out more about how to get it right in Smith’s article.
Speaking of Getting it Right:
A bill to clarify the meaning of “joint employer” passed through the House Committee this week. SHRM’s article, House Committee Passes Bill to Redefine ‘Joint Employer,’ explains that the bill was crafted in response to a NLRB decision that broadly defined the term to encompass employer who had indirect or even potential authority over an employee. The broad, yet vague, definition has been causing headaches for employers ever since. Small businesses and franchisors have been particularly confounded by the ruling.
The Save Local Business Act would redefine the term to attach only to employers having direct control.
This week in Inc., Steve Farber tells you how to Increase Your Brain Power with These 4 Surprisingly Simple Hacks. Slowing down and daring to dream made his list. What’s on yours?
After the Fire:
We have seen a shocking number of tragic events this year, including natural disasters from coast to coast. This video displays the devastation caused by this week’s wildfires in California.
As people begin to recover from the wildfires in Napa, businesses are looking for ways to help. The Mercury News reports that Safeway and other grocers are raising money and offering food to support the community.