Category: Employment & Labor

October 16, 2018

An employee stock ownership plan (ESOP) is a qualified defined-contribution employee benefit plan that provides the employees of a business an ownership interest in that business. An ESOP is used by employers to either reward employees or as an exit […]

October 3, 2018

As a caring small business owner, you want to take good care of your employees. And you have a legal obligation to make sure they’re safe and taken care of if they are injured on the job. You likely just […]

October 2, 2018

webRecruiting software is used to help businesses find top talent by posting to job boards and keeping track of applicant resumes. It prevents you from having to maintain paper files as you go through the interviewing process. Many push candidate […]

September 21, 2018

A passive candidate is a person who isn’t currently applying for jobs but who may be encouraged to come work for your company if you make them a compelling offer. Finding and recruiting passive candidates can enhance your recruiting efforts […]

September 6, 2018

According to the Small Business Administration (SBA), about 33 percent of all businesses will fail during their first two years. This is why it’s important that business owners are guided by principles to reach company goals every day. We asked […]

August 28, 2018

You may think you’re protecting yourself and your small business by running background checks for potential hires. As benevolent as it may be, you could still get into trouble hiring someone with a criminal record. And, after all, prospective employees […]

August 22, 2018

With the world of business becoming increasingly more complex, a small-business owner will find it extremely difficult to be an expert in all of the specialized disciplines a small business needs. Despite the relentless requirement for small-business owners to generate […]

August 17, 2018

Marry in haste, repent in leisure. The founders of The Bachelorette might disagree, but the vast majority of corporate founders would whole-heartedly nod their heads, and have five war stories to back it up. Division of equity is the leading […]

August 8, 2018

One of the most crucial and challenging tasks facing entrepreneurs as their companies grow is hiring and retaining talented team members. With the United States now nearing full employment, according to a recent CNBC report, competition for capable candidates has […]

August 6, 2018

Employer payroll taxes are calculated by combining 50 percent of Social Security taxes (12.9 percent of employee wages), 50 percent of Medicare taxes (2.9 percent), and 100 percent of federal and state unemployment taxes. While you can make these calculations […]