Downsizing Doesn’t Necessarily Pay Off

Laying off employees alone will not fix a business that’s in financial trouble. That’s the conclusion of a series of studies of large corporations over nearly two decades, published in Perspectives on Work, a publication of the Industrial Relations Research Association. Studies concluded that mass layoffs have not helped employers achieve financial results that are[…]

Four Mistakes Employers Can Make with Workers’ Compensation

Many employers look at Workers’ Compensation as just another unavoidable cost of doing business. It’s usually one of those out-of-sight, out-of-mind issues when rates are low. It’s not until employers are hit with rate hikes that they really start to give some thought to it. Employers need to look at Workers’ Compensation as a tool[…]

FMLA: The Law that Never Sleeps

The Family and Medical Leave Act (FMLA) is often tweaked, adjusted or reinterpreted as cases of alleged abuse continue to pop up and courts are asked to weigh in. With so much change, it’s a good idea to check your policies regularly. Is your company in compliance? Here’s a very streamlined recap of the top[…]

Study: Women, Men Differ in Stress Causes

¬†Women and men worry about different things at work. Differences in the way women and men react to and deal with management styles and workplace cultures can create on-the-job stress. These are conclusions from a study commissioned by LLuminari, a national health education firm. Elizabeth Browning, CEO of LLuminari, said the study’s results show solutions[…]

Shave Payroll Costs for Shared Employees

If you run your business operations through two or more corporations, the different entities may share some of the same employees. In that case, you can save payroll taxes by using a “common paymaster.” Instead of having each business pay Social Security and Medicare tax for shared employees, common paymasters remit the appropriate amount of[…]

Tune Up Your Performance Review System By Giving it a Performance Review

Over the past few years major U.S. employers, including GE, Netflix and Adobe, have left behind the traditional way of conducting an annual performance review. A recent survey by management research firm CEB found that 6% of Fortune 500 companies have jettisoned ranking-based assessment systems. Even among those in the same survey that still use[…]