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Listing DateArticle LinkArticle Review / ExcerptReader Comments
2/27/2014 OFCCP - Why your small business does not want to be a government contractor

Source: StaffMarket
The US department of Labor has new HR and pay rules for government contractors. It's not pretty.
The political zeal for enforced diversity and now, equal pay in the workplace has spawned a set of hiring guidelines so involved and confusing that no business owner in their right mind should seek to become a government contractor. If you thought figuring out how to comply with ACA was tough, take a look at this guidance from The Department of Labor on:

Interpreting Nondiscrimination Requirements of Executive Order 11246 With Respect to Systemic Compensation Discrimination and Voluntary Guidelines for Self-E valuation of Compensation Practices for Compliance With Nondiscrimination Requirements of Executive Order 11246 With Respect to Systemic Compensation Discrimination.

If the title alone doesn't scare you then take a few days and read the document. Then re-read it. Then think about what your company needs to do to be compliant. Then ask yourself if after doing all those things, you will be able to adequately defend your company from charges of discrimination from any of the new protected classes. Now go stick your head in the oven. Feel's better there doesn't it?
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12/20/2013 Owner destroys business with one stupid move

Source: StaffMarket
Punching out an employee is a bad idea, Especially when you are the owner and need work comp insurance.
At StaffMarket we have reviewed the workers compensation situation for thousands of small businesses across the USA. This week we had a submission from a company hoping to obtain work comp coverage by hiring a Professional Employer Organization. The business has two restaurants in Jacksonville, Florida. The business was seeking some options that provided workers compensation coverage for their employees as required by law. Part of the work comp insurance underwriting process involves insurance carriers reviewing the “loss history” for the company which details the various situations and associated financial costs related to workers’ compensation claims over the last several years.
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9/20/2013 New Study Shows PEO Clients Grow Faster

Source: StaffMarket
New NAPEO study demonstrates that businesses using a PEO have a higher growth rate than those that don't
While the overall environment for small businesses remains challenging, a new study commissioned by the National Association of Professional Employer Organizations (NAPEO) shows that small businesses using a PEO are growing. The increasingly burdensome tasks of meeting tax and regulatory compliance may be a factor hindering small business growth. But, this study shows that businesses who outsource those non-revenue producing compliance tasks to a PEO have reduced both their costs and risks. Those businesses are growing.

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8/30/2013 PEOs get Favorable Ruling on ACA from the Treasury Department

Source: StaffMarket
PEO group health care plans to be treated as employer sponsored plans.
The IRS released final regulations on the requirement that individuals purchase health insurance adheres to the minimum essential coverage standard known as the individual mandate. These rules provided definition to those Professional Employer Organizations - PEOs offering group health plan coverage to employees on behalf of a PEO client employer. Th individual mandate requirement is satisfied by maintaining coverage under an eligible employer-sponsored plan. These new regulations include an eligible employer-sponsored plan offered by a PEO on behalf of a PEO client employer.

Specifically, the definition of eligible employer-sponsored plan in the final regulations (Section 1.5000A-2(c)) provides that an eligible employer-sponsored plan includes, in addition to coverage offered by an employer, (i) group health insurance coverage offered on behalf of an employer to an employee and (ii) a self-insured group health plan under which coverage is offered by, or on behalf of, an employer to the employee.
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