Now that it’s 2021, all the problems of 2020 are solved…right? We wish. The past 12 months have brought to light just how important mental health is, in addition to physical health, which is why some organizations may consider including mental health benefits in their plans. According to the U.S. Centers for Disease Control and Prevention, more ...
It may be too early, or perhaps too hopeful, to refer to a “post-COVID-19” world just yet, but we’re going to! COVID-19 has changed the ways in which nearly all organizations operate, and many of these changes will be long lasting. So, we’ve compiled a list of the top post-COVID-19 work trends to watch for ...
2020 has been…a year. And while it’s certainly been a trying 12 months, there’s still reason to have a holiday party “2020 style.” COVID-19 has changed the way in which employers and employees interact, which means holiday parties may look a bit different this year. Employers in some states may be able to have in-person ...
There are many sources of work-related stress even in the best of times, but 2020 has been quite the challenging year. First, the COVID-19 pandemic started impacting most organizations in March of this year, and eventually impacted nearly all organizations, regardless of industry, size or location. Many businesses executed remote work models earlier this year, ...
The U.S. Department of Labor (DOL) has created an online tool to help workers determine whether they qualify for paid leave under the Families First Coronavirus Response Act (FFCRA). The tool poses questions to help employees assess whether their employers are subject to the paid leave provisions of the FFCRA. Then, for employees whose employers ...
For many employers, workers’ compensation insurance is all about one number—the premium quoted. Understandably, employers want to pay the lowest amount possible on this mandatory coverage. While some brokers try to compete on a low bid, those who do miss the chance to educate employers on how their mod affects their premium, and how lowering ...
A key to understanding your workers’ compensation premium is the experience modification factor, also known as your mod. Understanding your company’s mod and the data used to obtain it helps you identify ways to minimize your workers’ compensation premium. Who calculates the mod factor? Most states use the National Council on Compensation Insurance (NCCI) to ...
Having a sound safety program designed to continuously improve can yield significant savings by reducing injuries and illnesses over the long run–saving workers’ compensation dollars and protecting your bottom line. The Five Steps You can control workers’ compensation costs with five steps designed to create a well-rounded safety program that produces a safer job site, ...
It’s common for business leaders to find themselves in unfamiliar territory when it comes to their company’s taxes, and tax credits specifically. The Work Opportunity Tax Credit (WOTC) is one tax credit that many are underutilizing, meaning they are leaving money on the table when it comes time to do their taxes. WOTC helps transform ...
As cities, states and the federal government take increasingly aggressive moves to stop the spread of the novel coronavirus, a shelter-in-place order and its many exceptions for “essential” activities are becoming familiar to millions of Americans across the country. Payroll Medics is supporting our clients offering a “COVID-19 Essential Employee Authorization” template. This is for employers ...
