Update on FTC’s Rule on Non-Compete Agreements Earlier this year, the Federal Trade Commission (“FTC”) issued a rule that largely prohibited employers from requiring employees to sign non-compete agreements (the “Non-Compete Rule”). The rule was set to take effect on September 4, 2024. However, on August 20, 2024, the United States District Court for the […]
Author Archives: StaffMarket
Businesses face challenges with classifying employees correctly
Employee classifications are based on job duties and responsibilities. The classifications impact compensation, benefits and work hours; they are also used by employers to maintain compliance with labor laws. Ensuring compliance with DOL regulations is important for small business owners and the best way to navigate these challenges is to join a Professional Employer Organization […]
Advantages of PEOs for Business Owners
Improve your operations and grow your business with resources and best practices from a PEO. How to Find the Best PEO for Managing Employee Payroll Payroll management doesn’t need to be stressful, For any enterprise, particularly small and medium-sized businesses, learning how to evaluate a PEO’s payroll management service can lead to streamlined, efficient, and […]
Overtime Pay Rule Changes for Employers
Navigate the DOL regulatory changes by joining a PEO.
How PEOs Help Small Businesses and Their Employees
• By providing payroll, benefits, and HR services and assisting with compliance issues under state and federal law, PEOs help small businesses to improve productivity and profitability, to focus on their core mission and to grow. • Businesses that use PEOs grow 7 to 9 percent faster, have employee turnover that is 10 to 14 […]
New Department of Labor Rules for Business Owners
Business owners who join a PEO will get an advantage January 2024, The Biden administration issued a new rule Tuesday intended to put more contractors on company payrolls, a change that could reverberate across a range of industries, including healthcare, restaurants, construction and transportation. The rule, which will go into effect in March 2024, would […]
June 2023 Regulatory Compliance Changes for Employers
Form I-9 updated employer procedures and requirements. On May 5, 2023, the U.S. Department of Homeland Security and U.S. Immigration and Customs Enforcement released an announcement stating employers had 30 days to comply with Form I-9 requirements after the COVID-19 flexibilities sunset on July ’31, 2023. Employers must ensure that all required physical inspection of […]
Indiana Congresswoman Addresses Congress about the importance of PEOs for small businesses
On April 17, 2023 Erin Houchin noted to the US congress that May 21 through May 27, 2023 was National PEO week. Here is the text of her address: COMMEMORATING NATIONAL PEO WEEK HON. ERIN HOUCHIN of Indiana in the U.S. House of Representatives – Monday, April 17, 2023 Mrs. HOUCHIN. Mr. Speaker, I rise […]
Alabama Passes the Employers Adoption Promotion Act (APA)
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 […]
