Running a small or mid-sized business involves significant responsibility. Especially when you are first starting out, a lot of the responsibility for tax administration, payroll, employee benefits, and workers’ compensation falls on you. A professional employer organization can help to ease the burden.
When your company provides benefits to employees that include the management of investments like retirement pensions and 401k accounts, profit sharing, or health plans, you incur a fiduciary duty to those employees that can leave the company exposed to potential lawsuits if those plans are managed ineffectively. One recent and high profile example is a […]
An auto shop is a workplace where injuries can be unfortunately common. Between various people working and the dangerous machinery used, it can be easy for employees to get hurt. Thankfully, there are measures you can enact that reduce the frequency of auto shop injuries and their impact on your business.
Carrying workers compensation insurance a smart investment for businesses both large and small, although for most company’s it’s a state requirement. The cost for carrying a comprehensive plan can put your business in a financial crunch, so you may want to consider the benefits of enrolling in a pay as you go workers comp plan.