By ComplyRight –
Did you know you must distribute certain handouts to employees? This may be news to many small business employers, but it shouldn’t be because ignoring this responsibility carries some pretty hefty fines.
Along with year-long labor law posting compliance, you’re also required by federal, state and local laws to provide written notices under specific circumstances. It’s an additional compliance requirement that is more easily managed with the right resources.
What You Need to Know About Handouts
If this is the first time you’re hearing about employee handouts, here are some quick facts to get you up to speed:
- Nationwide, there are more than 400 potential federal and state notices, based on specific employee-related events
- In addition to the 12 federal notices, each state has its own requirements; in a single state, this could mean more than 30 employee notifications
- Depending on the underlying state or federal law, some notices are necessary for all newly hired employees
- Other notices are triggered by specific incidents, such as: employee benefits open enrollment, requests for leave, workplace injuries, pregnancy and termination
As you can see, mandatory employee handouts function similar to labor law postings, with the same challenges for time-strapped employers. They vary from state to state, they change frequently, they must be researched and tracked down through various agencies, and they can lead to costly penalties and legal complications if you don’t comply. (more…)
By ComplyRight –
If you work with independent contractors, you have to file a Form 1099-MISC with the IRS at tax time. Essentially, the 1099-MISC is to contractors what the W-2 is to employees. It covers income amounts, while also indicating you haven’t deducted any federal, state or other taxes.
Here are answers to common questions about filing requirements:
Q: What is the purpose of the Form 1099-MISC?
A: The form is used to report payments of at least $600 to any service provider (i.e., contractor, freelancer, consultant) who isn’t an employee. If the service provided was less than $600, you don’t need to file a 1099-MISC. One monthly payment of $300 wouldn’t require you to file the form, for example. But two separate $300 monthly payments within the same calendar year would.
Q: Do I need to withhold taxes from my contractor’s pay?
A: No. Independent contractors are responsible for calculating their own payroll taxes and submitting the amount to the government quarterly.
Q: What’s the filing process?
A: Filing annual 1099-MISC forms for independent contractors is a two-step process. First you distribute forms to your contractors and then you file with the government. (more…)
By ComplyRight –
Determining whether or not to fire an employee can be complicated. There are numerous personnel factors to consider, as well as critically important legal considerations. A single misstep can complicate the process and expose you to a potential lawsuit.
But it doesn’t have to be this way! With an eye toward proper progressive discipline in the workplace – and by following some important precautions — you can make the best choices for your business.
How to Document Performance Issues
Lack of solid documentation is the single most common mistake employers make when handling disciplinary situations or terminating an employee. Good records, on the other hand, can mean the difference between winning and losing a legal dispute. (more…)
By ComplyRight –
If you find employment laws confusing, you’re not alone. The 2018 National Small Business Compliance Pulse Survey, sponsored by ComplyRight, revealed that small business employers continue to be troubled by the increasing complexities of employment laws. According to the study, managing federal, state and local laws is the top concern among employers.
Employment laws are confusing. And one example is how labor law postings impact remote workers. You probably know you have to display current federal and state postings (and in some cases, city or county). But what about telecommuters? How are these employees supposed to receive this information?
When you have employees who work remotely, here are 5 things you should know about posting compliance for labor laws.
1) Remote employees must have access to postings
By law, you’re required to provide mandatory notices to all employees. Although the regulations don’t specify the format (paper or electronic), you’re responsible for communicating the same information to your home-based workers as those on-site. (more…)
By Jennifer Lobb –
For many small business owners, HR is a complicated web of internal and external policy, law, regulation, and documentation. Neatly packed into the HR box is an array of considerations and tasks that govern the relationships between your business and those you hire (or fire), as well as your business and the organizations that govern labor and industry (federal, state, and local).
For small business owners, failure to properly manage human resource tasks can quickly lead to substantial and detrimental personnel and legal problems. And while there are plenty of factors that must be considered to meet all HR responsibilities and factors, here are 5 common HR snafus that can sink your business:
1. Ignoring the value of an employee handbook and established workplace policies
Writing an employee handbook and a few workplace policies may sound like an exercise in rigidity, but for businesses of all sizes this type of documentation is invaluable when it comes to on-boarding employees, maintaining organization, and protecting your business should legal issues arise. (more…)