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Most pay raises are attached to a performance review -- so how do you get the best out of that performance review if you're the person conducting the appraisal? These are ten tips for how to approach a performance assessment so that both you and the employee on the receiving end feel good about the process.
Do you want to get sued just because you said, "you have a great accent, where are you from" to a potential employee? Or because you asked a candidate in a wheelchair how they lost the use of their legs? The law provides equal opportunity protection for everyone, and prohibits discrimination in the workplace for people who fall into specific protected classes. When you're hiring and interviewing, you need to phrase your questions carefully.
How do you process payroll for your employees? Almost nothing will sink the morale of your employees faster than screwing up their paychecks. People on tight budgets at home usually can't afford a one or two-week disruption in pay. Here's how the process works.
Tax credits vary from state to state, and from industry to industry. Do you know when to involve your CPA or tax preparation vendor? When do you involve your HR people? It's easy to make sure you're claiming as many of the credits your company qualifies for--hire a professional.
What should you consider when looking for a tax credit services provider. There is no substitute for track record and testimonials. And since there are only a few things that will sink your business faster than a bunch of IRS fines, penalties and liens, your provider's first priority should be to protect your business.
If you hire a lot of new hourly employees each year, it probably makes sense to outsource your tax credit management. But if you only hire a few people, it can be a smarter financial move to handle it yourself--just know that there's a learning curve, and you need to be very organized.
If you're looking for a company to help you maximize the number of tax credits you claim, and minimize your tax burden, here's a few pointers you might think about.
When should you consider outsourcing?
We think that only a violent catastrophe could damage employee morale and job satisfaction faster than a payroll problem. A substantial portion of the workforce lives paycheck-to-paycheck. Disrupt a pay cycle for more than a week, in the wrong week and many people would lose their home. No pressure, boss.
In Startup Boardroom's Day Ten, HR outsourcing leader Bruce Silver answers our question, " The question posed this month by the Startup Boardroom is “What is the worst business decision you see small business people make," by reminding us that no man or woman is an island.
