As of July 1, 2022, Alabama’s Adoption Promotion Act (APA) requires employers with 50 or more employees to provide eligible employees with up to 12 weeks of unpaid family leave for the birth or adoption of a child. This also provides that additional family leave due to the adoption of an ill child or a […]
Florida Work Comp Insurance Rates to Decrease in 2023
On November 7, 2022 the Florida Office of Insurance Regulation Approved an 8.4% Decrease in Workers’ Compensation Insurance Rates for 2023. This decrease will be effective for both new and renewal work comp policies. Florida Insurance Commissioner David Altmaier granted approval to the National Council on Compensation Insurance (NCCI) for a statewide overall workers’ compensation […]
Covid Pandemic Effects on Workers Compensation Insurance costs for Employers
While the impact has yet to be fully understood, it can only be assumed that Workers’ Compensation Insurance carriers who are facing rising costs from lawsuits may be forced to pass those costs on to their customers in the form of higher work comp rates. Recently there have been a number of law firms advertising […]
How Inflation is Affecting Small and Medium Sized Businesses
Inflation Impacts for Small and Medium Sized businesses (SMB).
Winning the Battle for Workers – How a PEO can help
Joining forces with a PEO can make your company or more attractive employer for job prospects. On January 5th , 2022 the Wall Street Journal reported that workers quit their jobs at a record rate in November 2021. Workers Quit Jobs at a Record Level in November – WSJ Click the button to “READ ARTICLE”. […]
PEOs Prove Their Value Through the COVID-19 Pandemic
As the ramifications of the COVID-19 Pandemic swept through the USA in 2020 and 2021, small businesses who have partnered with a Professional Employer Organization (PEO) have shown a higher survivability rate than those who have not. Many businesses are finding it more challenging to attract workers and the competition for quality employees is increasing. […]
California Locality Minimum Wage Rules
Alameda (CA) White-collar Exemption(The higher of federal, state or local must be paid to the employee) Follow state of California rates. Minimum Wage Rate (The higher of federal, state or local must be paid to the employee) $15.00/hr effective 7/1/2020: Minimum Cash Wage – Tipped(The higher of federal, state or local must be paid to […]
Proposed Florida Legislation for Employee Leasing – Work Comp
Florida State Senator Keith Perry Is sponsoring a new legislative proposal (SB 820) regarding workers’ compensation insurance coverage provided by employee leasing companies also known as Professional Employer Organizations or PEOs. Regardless of the good intentions of the legislation, if passed this legislation as currently drafted could create more opportunities for workers’ comp fraud. Many […]
California Makes Retirement Plans Mandatory for Employers
The State of California is implementing a phased in mandatory retirement program to improve workers access to retirement savings tools. Employers with five or more employees in California must either offer a qualified employer-sponsored retirement plan or participate in the state’s Individual Retirement Account (IRA) program known as CalSavers, effective June 30, 2022. Qualified Employer-Sponsored […]
Payroll Tax Deferral Confusion for Business Owners
On August 8, 2020 President Trump issued an Executive Memorandum allowing employees who make less than $104,000 per year to defer their payroll tax withholding starting September 1 through the end of 2020. The intent was to keep more money flowing through the economy to counteract the economic impact of the coronavirus pandemic and to […]
