The Kaiser Family Foundation reports that, in 2015 approximately 147 million people (63 percent) were covered by employer-sponsored health insurance, costing business owners roughly $12,591 per employee for family coverage for the year. This amount is up from $8,167 in 2005, highlighting the fact …
Employee Benefits Articles and Interviews (tag)
Should You Offer Healthcare to Your Employees? Small Business Owners Weigh In
Under the Affordable Care Act’s Employer Shared Responsibility Provisions, employers with at least 50 full-time employees (including full-time-equivalent employees) during the preceding calendar year must offer “minimum essential coverage that is ‘affordable’ and that provides ‘minimum value’ to …
4 Ways to Increase Employee Retention
According to the Bureau of Labor Statistics, between 2.7 and 2.8 million people quit their job every month (yes…million). This is a trend that has been showing an increase since the country’s recession ended, and the industries hardest hit by workers who are choosing to leave their jobs include …
The Pros and Cons of Sharing Company Ownership with your Employees
When you have worked hard to establish and build your small business, why in the world would you consider sharing the ownership of that business with your employees? The answer is the same answer you use in making your other business decisions—it could be good for business. First, the term …
How One Business Is Challenging (And Changing) the Healthcare Game
A 2014 Small Business Healthcare Survey conducted by the National Small Business Association found that the average small business spends $1,121 per month per employee for health insurance premiums. That equates to almost $37 per day for each member of your staff, an amount that can cripple a small …
How to Advance Your Career: Utilizing a Temp Agency
Temping is no longer just for college students or for the long-term unemployed who just need something to pay the bills. Temping and, more importantly, working with temporary staffing and/or placement agencies, can be a great way to boost your career and the business you’re trying to start up. How …