Tag Archive 'employers'

Sep 09 2008

Court Ruling Could Affect Florida’s Workers’ Compensation Rates

Published by admin under Uncategorized

A pending Florida Supreme Court ruling involving claimant attorneys’ fees is predicted to possibly change the workers’ compensation landscape for businesses, insurance carriers and other stakeholders.

Claimant attorneys expect the court will hand down its decision in Emma Murray V. Mariner Health/ACE USA any day. (See tampabay.bizjournals.com for updates).

Depending on the decision, these attorneys’ practices could return to volume levels before the state Legislature rewrote workers’ compensation laws in 2003 or their business could continue to languish as it has since the reforms.

If the court upholds the 2003 changes, employers will continue to enjoy low, competitive workers’ compensation insurance rates that followed the reforms, which included restrictions on claimant attorneys’ fees.

Tampa Bay Business Journal - Sept. 5

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Jul 30 2008

Veterans as Employees: Resource For Employers

Published by admin under business solutions

I came across an interesting resource for employers the other day that I think makes a lot of sense. It’s called the Department of Veteran Affairs’ Veteran Benefits Administration’s Vocational Rehabilitation and Employment (VR & E) Program, and it’s an amazing win-win situation for business owners.

This program gives rehabilitation services to veterans who have been disabled due to their time serving our nation, and then helps them find jobs.

There are obvious advantages for the veteran who is trained at a new skill, but there are also benefits for employers who hire someone from this program. Those who do may qualify for incentives through the V R & E program or other Federal Resources.

The veterans who have completed this program are trained to be excellent employees and extremely valuable in their field. According to the V R & E website, some of the benefits of hiring one of these veterans include:

· Program participants are mature, motivated and disciplined workers.

· Program participants are pre-screened for your specific employment needs.

· Program participants have been proven to be reliable, dependable, and able to perform in stressful situations.

· Program participants are dedicated team players.

To learn more about how this program might help you, visit the Vocational Rehabilitation and Employment website.

To find out more about employee leasing/ PEO services and how they can save your business time and money, log on to Employee Leasing Quotes, or give us a call at 1-888-582-8288.

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Jun 22 2008

Common Payroll Mistakes and Errors

Published by admin under payroll

While payroll is an essential part of any business, administering this delicate and time consuming task often takes employers away from income – producing activities.

What’s more, as government regulations continue to grow, costly fines and penalties are on the rise as well. According to IRS statistics, approximately 33% of employers make payroll errors costing them billions of dollars annually in penalties. With more tax law changes on the horizon, there’s even a greater risk for payroll errors.

Let’s take a look at the 12 of the most common payroll mistakes and errors:

1. Human error

2. Misclassifying workers

3. Not properly handling garnishments, levies, or child support

4. Miscalculating overtime pay

5. Neglecting to send 1099s

6. Miscalculating state unemployment tax

7. Not having adequate backup

8. Missing tax deposit and filing deadlines

9. Not saving payroll records

10. Ignoring taxable items

11. Assuming too much responsibility to the software program

12. Wrong information on the W-2 form

The services of an Employee Leasing Company help small businesses avoid payroll pitfalls, saving them from hundreds, or even thousands of dollars in penalties, as well as valuable time and resources.

When you’re ready to obtain multiple quotes from the only company that has service and price guarantees, call Employee Leasing Quotes! We can be reached by calling 1-888-582-8388.

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Jun 19 2008

New Legislation Affecting Contractors

Published by admin under hr

It’s going to get harder for illegal workers to find work now that President Bush has signed a new executive order.

Last Monday, the White House announced that they are requiring contractors and others who do business with the federal government to use an electronic system to verify that their workers are eligible to work in the United States.

The system, E-Verify, is operated by U.S. Homeland Security. It allows employers to check the social security numbers of their employees to make sure they are valid. Employers by the thousands are signing up to use the system each week.

Normally when an employee is hired, they are required to fill out an I-9 form and show their accompanying documents. The employer looks over the forms and then determines if the worker is legal.

With E-Verify, contractors will now enter their potential worker’s name and social security number into a computer over the Internet. The system will check government databases to make sure the information is valid and that the number matches the name. If there are discrepancies, that worker is immediately tagged as potentially illegal and the situation must be resolved.

This legislation will surely help crack down on the number of illegal employees in the workforce, but what affect will it have on employers? Those in the construction and trades industry are aware of the high number of illegal immigrants who work every day. These employees are known to work cheaply and for long hours.

Some might say that this well-intended legislation may adversely affect small contractors who depend on low-wage employees to survive in this difficult market. How will this affect your small business?

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May 12 2008

What Do You Know About Workers’ Compensation?

Published by admin under workers compensation

Yes, your business is covered under a workers’ compensation policy. But do you really understand what that means?

According to a recent survey by Employers.com, 14% of small business owners couldn’t even name the insurance company that insures them. 18% of employers who recently switched their insurance provider could not recall that company name, either.

And it’s not just the name that eludes employers. In the same survey, 13% admitted that they did not understand how workers’ comp protects their business and its employees. Seven out of ten employers relied on an insurance agent to explain their coverage, but 58% state they carry the sole burden on handling the “hands-on” duties involved.

Workers’ compensation is based on a complicated formula that includes many different factors. It’s a huge benefit to have a specialist that understands the differences in policies. Just making sure your business is correctly categorized can save you lots of money!

Let Employee Leasing Quotes.com review your workers’ compensation coverage and costs. Our information is free, helpful and could save you thousands of dollars.

Call us today at 888-582-8388 or visit us on the web at Employee Leasing Quotes

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May 08 2008

A Healthier Business Can Reduce Group Healthcare Costs

Published by admin under health insurance

Health care costs are on the rise, and business is in a downturn. Your employees need their health care plans- so what is an employer to do?

Maybe the idea is in making an investment in wellness. What that means in a nutshell is taking your employees’ physical health seriously! Believe it or not, doing just that can potentially save you up to 50% on your heath care costs.

I’m sure some ears perked up at that idea! So how do you start?

Start a fitness program, for example. This can really motivate your employees to exercise and live a healthier lifestyle. Provide gym memberships as a benefit to your workplace. Provide pedometers and have a company-wide contest to see who can walk the furthest.

Become a tobacco-free workplace and provide tobacco cessation programs and/or individual coaching for employees and their spouses by a certified tobacco cessation specialist.

Give your employees an incentive for improving their health! Offer them an opportunity for cash by participating in wellness programs and exercising. Have a quarterly health screening and reward those who have improved.

Be sure that you are committed to the program, as well. Show your “team spirit” and let this become a chance to improve your relationships with your employees.

Endorsing a healthy lifestyle will not only save you money on your health care costs. You’ll likely also see lower absenteeism and employee turnover. The benefits will also lead to a happier, more positive work environment.

So what are you waiting for?

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