Archive for March, 2020

Cash Instead of Healthcare Benefits?

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Offering employees compensation in lieu of healthcare benefits is an option business and maybe the only option for businesses with fewer than 50 employees. This is called an opt-out agreement. In an opt-out agreement, employees choose to opt-out of employer-sponsored healthcare packages and receive pay as a substitute. This may be an option for your organization but be sure to look at the whole picture and what challenges could arise before making this decision. For small businesses, this would fall under the Qualified Small Employer Health Reimbursement Arrangement (QSE-HRA). Under the QSE-HRA, an employer with fewer than fifty employees can…

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Going Remote in the Face of COVID-19

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Remote work has become a norm for modern organizations; many businesses already take advantage of available technology to promote creativity and innovation outside a traditional office. In 2020, the ability for employees to work remotely has taken on a whole new level of importance. COVID-19 had caused many state and local governments to restrict gatherings and encourage employers to protect their employees and the community through office closure and the use of remote work. This precaution is meant to slow the spread of the disease and protect the most vulnerable in society. With organizations facing profit loss and decreased productivity…

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Preparing for and Preventing the Spread of COVID-19

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COVID-19, also known as the Coronavirus, has been spreading rapidly throughout the world. Originating in China, there are now more than 100,000 confirmed cases across the world and more than 250 confirmed in the United States. The Center for Disease Control (CDC) expects the spread of the virus to continue and has implemented guidelines for both individuals and businesses on how to handle the unavoidable spread of the disease. From washing your hands for twenty seconds to two weeks of self-quarantine after international travel, these guidelines create challenges for individuals and organizations operating in the U.S. As an employer, you…

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When You Rescind a Job Offer

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In the best of situations, making the decision to bring a new employee into your organization isn’t always an easy one. From extending the offer to negotiating compensation, it can be stressful but exciting. When these plans go awry and there is a need to rescind an offer, the fall-out can be challenging. Whether it’s an issue on the end of the organization or with the candidate, no one likes to be the bearer of bad news, and if you’re not adequately prepared, it can create unexpected challenges. Being prepared is the best way to make rescinding an offer of…

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