4 min read

2019 Employee Benefits Outlook

By Ray Korson on Feb 20, 2019 6:30:00 AM

According to the Greek philosopher Heraclitus, “The only thing that is constant is change.” This certainly rings true for the year ahead in the world of employee benefits and human capital management. While not an exhaustive summary of the changes to come, the following touches on some of the key trends and area of focus for employee benefits in the near future.

Topics: Employee Benefits Health Risk Management Select Business Solutions

Happy Holidays 2018

By Gibson on Dec 26, 2018 6:30:00 AM

From our employee-owners to you and your family, we wish you a safe and joyous holiday!

 

Topics: Commercial Insurance Risk Management Employee Benefits Personal Insurance & Risk Management Select Business Solutions
4 min read

HR Strategies For Small-Mid Sized Businesses

By Gibson on Jul 30, 2018 6:30:00 AM

I’ve always been fascinated with plumbing. This fascination may have been spurred several years ago with my first home purchase - a rehab in Chicago’s west suburbs. It tested my patience and skill set. However, experiencing various plumbing adventures, I learned a few tricks-of-the-trade.

Topics: Health & Human Services Select Business Solutions SME
3 min read

What Employers Need To Know About Background Checks

By Gibson on Feb 5, 2018 6:30:00 AM

Do you conduct background checks when making personnel decisions?

Background checks can be a helpful tool, but too often we see organizations running checks and not using the results appropriately.

When running background checks, two sets of federal regulations come into play:

  1. When using background information about an employee or applicant to make an employment decision, you are required to comply with federal laws protecting individuals from discrimination, enforced be the Equal Employment Opportunity Commission (EEOC).
  2. Additionally, you are required to comply with the Fair Credit Reporting Act (FCRA), which is enforced by the Federal Trade Commission (FTC).
Topics: Select Business Solutions
4 min read

Five Common Accounting Mistakes And How To Avoid Them

By Gibson on Jan 15, 2018 6:30:00 AM

New technology and accounting software has made bookkeeping and accounting easier for small to mid-sized businesses, but it hasn’t entirely eliminated costly accounting mistakes. Some mistakes may have minimal effect to a company’s financials and can be corrected. While other mistakes are more serious and could have a significant impact by misrepresenting a company’s true financial health. In this blog, we’ll review five of the most common accounting errors and how to avoid them.

Topics: Select Business Solutions Accounting Support

Happy Holidays 2017

By Gibson on Dec 20, 2017 6:30:00 AM


From our employee-owners to you and your family, we wish you a safe and joyous holiday!

 

 

Topics: Commercial Insurance Risk Management Employee Benefits Personal Insurance & Risk Management Select Business Solutions
3 min read

What Employers Need To Know About Holiday Gifts & Bonuses

By Gibson on Nov 27, 2017 6:30:00 AM

Giving your employees bonuses or gifts is often considered a way to spread cheer and thanks during the holiday season.

A holiday bonus could lessen employee financial stress during this busy time. But monetary gifts aren’t the only way to show your appreciation – don’t forget about personal thank you notes, celebratory events, team-building activities, time off, company swag, and more.

If you are looking to provide a holiday gift to your employees, it is important understand some of the implications these gifts may have – on you as the employer and on the individual employees.

Topics: Select Business Solutions Payroll Accounting Support
3 min read

What You Need To Know About W-9s & 1099 Filing

By Gibson on Nov 13, 2017 6:30:00 AM

January 31st will be here before you know it, and with it the deadline to file 1099 tax forms. In a perfect world, this deadline is met with security and peace of mind. In the real world? Not so much. We’ve seen many companies who couldn’t tell us where W-9s were kept or if the accounting department collected them at all. If you, like many companies, dread the deadline each year, there is still time. Read below to understand best practices for filing 1099s, why obtaining and maintaining your company’s vendors’ W-9s is important, and how to prepare for success for the approaching deadline.

Topics: Select Business Solutions Accounting Support
3 min read

Are You Calculating Overtime Correctly?

By Gibson on Oct 11, 2017 6:30:00 AM

Calculating overtime can be confusing. And mistakes are often costly. Not only can miscalculations upset your employees and negatively impact your employee experience, but they can also result in expensive lawsuits and penalties.

Do you understand the laws regulating overtime for your workforce? Are your employees properly classified as non-exempt and exempt? Are you accurately determining regular rate of pay for your overtime calculations?

Topics: Select Business Solutions Payroll
2 min read

Is Your Time & Attendance Being Tracked Accurately?

By Gibson on Sep 18, 2017 6:30:00 AM

Time is money. How can you help your organization save both?

Topics: Select Business Solutions HR Platform Payroll