The ultimate goal for every successful company is sustainable profits and engaged, productive employees. Some might argue that one cannot happen without the other. One way to boost employee productivity and help the bottom line is by finding the right HR software. With so many providers from which …
2019 Changes to 401(k) and IRA Contribution Limits
For many companies, 2018 left business owners scrambling to figure out ramifications of the new tax law. Many said goodbye to deductions on entertainment expenses and interest on loans but hopefully welcomed a lower tax rate. With 2019 here, what’s in store for business owners in the new …
What Employers Need to Know About Fringe Benefits
Beyond money, there are other ways companies can compensate employees for their performance. Employee benefits, also known as fringe benefits, are provided in addition to salaries and wages. From health insurance to pet insurance and 401(k) to unlimited PTO, employers can offer a mixture of …
What is Overtime and Should Employers Expect Changes in 2019?
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 …