Since its inception in 1938, the Fair Labor Standard Act (FLSA) has played a key role in maintaining fair workplace practices in the United States by discouraging employers from overworking and exploiting employees. Overtime law mandates any hours worked beyond the standard 40-hour work week are …
The Future of PEO is MidwestHR
Now more than ever, employers need to be agile. Staying ahead of workplace changes may seem an impossible task. Anticipating what employees will value in the future is an important point of differentiation for MidwestHR, a leading certified PEO in Illinois (certified professional employer …
Hiring Help To The Rescue
Your busy season turned into a busy year and it shows no signs of slowing down. You need to hire someone right away! The challenge, however, is that it takes time to compose a great job description, promote it in the right channels, vet candidates and decide who to interview. Admittedly, it’s a good …
IRS Announces 2019 Retirement Savings Limits
On 11/1/2018, the Internal Revenue Services announced 2019 retirement plan contribution limits. The limit increased to $19,000, up $500 from $18,500 in 2018, for 401(k) plans, as well as 403(b) plans, most 457 plans and the federal government’s Thrift Savings Plan, the Internal Revenue Service …
Small Businesses: Take Another Look at 401(k)
Retirement security is becoming harder for an increasing number of Americans. With less than 50% of Illinois small businesses offering 401(k) programs, employees can’t save enough to live comfortably in their golden years. Previously considered out of reach, this valued benefit is becoming more …