Are you sure your company’s benefits are valued by your employees and by prospective candidates who you want to join your organization? As a business owner offering a retirement plan to employees, you are a fiduciary and that brings a responsibility to offer the best retirement savings vehicle for plan participants.
Implementing more equitable hiring practices can also increase productivity and lead to higher employee retention rates. All companies stand to find value in providing a diverse and inclusive workplace.
When your process is respectful and personal, and communication frequent and thoughtful, candidates become excited about working for you over a competitor who hasn’t made a similar investment in recruiting hourly workers.
Many companies across the world today are facing a skilled labor shortage. More than 80% of the companies are struggling to find the right employees with the right skills. Here are some ways to address skill shortages in your niche.
Did you know that more sexual harassment claims are filed in the restaurant industry than in any other industry? Now is the time to develop new restaurant and bar policies and take a harder look at existing ones.
The “Californication” of small business regulation—that is, the passing of an increasing number of state employment laws and regulations, many which put even more burden on employers—is picking up steam. In Colorado, there are at least eight new state employment-related laws, regulations, and rules that go into effect in 2021. Here's how Colorado employers can take the right steps now to protect their employees and the business.
Many employees don’t know how to use health savings accounts (HSAs) in unison with their high-deductible health plans (HDHPs) and aren’t taking advantage of several tax saving strategies as a result. Here are five tips to help communicate HSA benefits to employees in our current environment.
On November 3, 2020, Colorado voters approved Proposition 118, the culmination of a long-running effort to mandate paid family and medical leave for all Colorado employees.
The state of Colorado has a set of requirements, collectively known as the Cost Containment Certification (CCC) program, that outlines the elements of a basic workplace safety program and provides a 5 percent premium discount for putting one in place.
COVID-19 has forced businesses to embrace technology and get creative. Open enrollment for employee benefits will be no different. COVID-19 has impacted benefit plan design, healthcare costs and may have financial impacts on employees. A recent BenefitsPro survey found that there were dramatic changes in employees’ prioritization of their financial goal’s since COVID-19. Here are some ways that employers can better prepare and plan for a beneficial and virtual open enrollment session this year.
By following the Deming Cycle and applying what you’ve learned, you may be pleasantly surprised to learn that bridges you thought were burnt can be repaired and that new ones are out there just waiting to be built.
For employers who value employees and wish to support them through this chaos, as well as increase the ability to keep the business on track, a radically flexible approach may be needed to manage these inevitable upcoming challenges.
Pinnacol Assurance does just one thing and does it better than anyone: provide caring workers’ compensation protection to Colorado employers and employees.
Instead of guessing which new hazards your business may stumble upon, it’s vital to use a job hazard analysis to lay out the new potential risks your employees may face.
The stressed economy is forcing people to think about their businesses differently - and one thing that should be top of mind is labor exploitation. Business leaders can make a difference by understanding the root causes of labor exploitation and how it can manifest in Colorado’s industries.
Three primary instances where Social Security may be limited include earnings test, windfall elimination provision and government pension offset.
Colorado businesses are continuing the gradual transition from pandemic-induced closings to reentry mode. And while every business is making changes to reopen safely, there’s no single approach that will work for everyone.
Today’s workplaces are not immune to the conversations taking place in American society; some of which may make some employees uncomfortable and even lead to conflict. With this in mind, is there a business case for having workplace conversations about racism and equity that may make some employees uncomfortable?
Spring cleaning can – and should – extend beyond your home. Business leaders should spend time engaging in financial, mental, logistical – and still a little physical – spring refresh for their company.
Ultimately, a great place to work is not just about having the latest and greatest amenities, it is about employees being productive and happy because they formed part of the solution and had input in shaping their new work environment
When it comes to talent, you may feel like you’ve shifted from looking for water in a desert to finding a needle in a haystack. Both are time consuming and require the right resources, and offer the opportunity to reevaluate how you find and keep good people.
How employers can create a workplace where they can effectively address issues brought forth by protests and move forward
When events occur in life that are void of options, like the coronavirus pandemic and resulting shutdown, stress is a natural reaction. Whether you are a small business owner or large corporation there is specific protocol that you must follow in order to begin to open your doors and get back to business.
Although loneliness may be complex and challenging to address – especially in today’s unique and uncertain times – a mindfulness practice may bring comfort.
