Making the Most of Your Millennial Employees

Making the Most of Your Millennial Employees Millennials make up about 50% of today’s employees and are slowly taking over the workforce. Millennials are generally identified as those currently in their 20’s or early 30’s. Employers are beginning to ask themselves, how do we make the most of what some refer to as the “Entitlement […]

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Work Smarter – Get More Done!

Work Smarter – Get More Done! 6 tips for working smarter and more efficiently Aren’t we all looking for ways to add a few more minutes to our days to get everything done? Jobs, homes, family, etc., there just doesn’t seem to be enough time during the day to accomplish everything we need to do! […]

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total compensation statements

401(k) vs 401(a)?

401(k) The 401(k) is today’s most popular retirement plan. Employees may contribute pretax dollars to their plan up to an IRS limit of $18,000 this year, with a Catch Up contribution of an additional $6,000 if the employee will be at least 50 years old by December 31st. The employee may contribute through payroll deductions […]

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Business accounting

The Real Cost of Employee Turnover – and how to avoid it!

There are a number of factors that contribute to the cost of replacing an employee. Here are just a few: Overtime – for other employees and temporary staffing Advertising – search agency fees Time – sifting through resumes, interviewing, making contacts, arranging meetings, coordinating schedules Evaluation – background checks and testing, certifications Training – lost […]

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Business accounting

The Many “Benefits” of Benefit Statements

Whether you’re an expert or new to providing Benefit Statements, do you really know the full value that Benefit Statements provide? Benefit Statements are more than a document with dollar values capturing that “bigger picture.” Benefit Statements can be used to help employees understand more about their benefits, emphasize what benefits are available, and much […]

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Business accounting

Total Compensation Statements – Best Practices for Data Submission

Total Compensation Statements – Best Practices for Data Submission A frequently asked question is, “how should I send you my data?” Here are some guidelines to assure accuracy and smooth transition. Most vendors prefer to receive your data in an Excel or CSV file. To avoid transcription errors, hand enter data only when necessary, then […]

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