Caring for staff is an important part of running a company. Depending on the state, insurance regulations vary. Standard business insurance policies include worker’s compensation and other liability coverage. For small businesses starting out, this may be enough...
A 2014 survey of business leaders found that 71 percent prefer to develop their current employees’ skills and then move them into more-senior rolls versus hiring an external candidate for the same position. There are many reasons why this is so, from performance to...
Small business owners are constantly implementing innovative ways to increase productivity, revenue, and reviews. With so much energy dedicated to promoting the success of the business, seldom is time spent thinking about the insurance side. Businesses face inherent...
It may be hard to believe but pollution insurance not only exists – it could also save you a lot of money. Most business owners have to pick and choose where to spend their money. Few companies operate with an unlimited overhead. If you aren’t dumping waste or...
In light of the Department of Labor’s (DOL) recent changes to overtime pay rules—issued on May 18, 2016—more business owners are concerned about controlling overtime costs. The increase in the minimum salary an employee has to earn in order to be exempt from overtime...
Every business owner knows it’s important to give his or her employees feedback regularly. In fact, doing so can reduce turnover rates, increase engagement, improve productivity and motivate workers to do a better job. However, not all employers recognize the...
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