Being an effective manager is one of the hardest jobs in the world because now you have to pay attention to individual performance and take action when necessary. However, there is a right way and a wrong way when launching disciplinary action against an individual. As a manager, one needs to be cognizant that proper procedures are in place when “writing someone up” so that it minimizes the risk of the employee coming back and protesting.
Today, many companies outsource sections of their business to save money and ensure the work is done correctly. One way that companies outsource work is through a professional employer organization (PEO).
There is a lot going on within the inner workings of a company from managing its inventory to finances, operations and so much more. One of the major segments in managing a business is undoubtedly its employee relations. While a company usually has a robust human resources department, it can be a lot of work staying up on all of the latest employee trends and labor regulations.
If you’re like most business owners, you might realize that unemployment insurance (UI) costs have been on the rise for some time now. In recent years, in fact, UI has become one of the top three tax costs to employers.
Unemployment hearings, while one of the most important factors of unemployment costs, are often the most frustrating for employers. Many times employers don’t understand how to handle an unemployment hearing effectively because they have little experience or guidance.
In today’s HR landscape, it’s becoming more and more common for companies to work with a Professional Employer Organization (PEO). In case you haven’t heard of PEOs before, they partner with companies to provide comprehensive HR outsourcing. This includes managing human resources, employee benefits, payroll and regulatory compliance.
Keeping unemployment (UI) costs under control is a major concern for businesses of all sizes. And one of the keys to doing that is minimizing charges against your State UI Reserve Account. In other words, this important method for minimizing costs is to prevent unauthorized claimants from collecting benefits against your account.
Although the economy is humming along these days and the national unemployment average is very low – many employers have seen their Unemployment Costs stay the same or even rise. What could possibly be the cause? The answer is simple – these employers are not effectively managing their unemployment insurance (UI) costs.
The following are some keys to establishing an effective UI cost management program – but this is by no means an all-inclusive list:
Employers across the country are getting their UI Tax Rate notices and promptly going into “Sticker Shock”. Getting your tax rate notice is a bit like getting a root canal – you can’t avoid it and it can be unpleasant and painful. So, now that you know your tax rate for the coming year it is time to figure out what to do about it? Here are a few suggestions to help you along: