Employee Discipline at Your Law Practice

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It’s no secret that lawyers work long hours at the office. These long hours often induce stress in many lawyer’s lives. As an employer, it’s important to be aware of this. Workplace stress often leads to workplace conflict.

Although conflict in the workplace is not uncommon, dealing with conflict as an employer is never an easy task. Disciplining employees without extensive experience often opens the door to employment litigation.

In order to avoid such litigation, employers should have clear disciplinary standards, and evidence that the employee was given notice of these standards. Does your firm currently have a discipline policy that will not limit your right to enforce appropriate disciplinary measures?

Many PEOs also provide EPLI (Employer Practice Liability Insurance) which helps protect and defend your firm from employee lawsuits such as wrongful termination. For more information on PEO solutions, contact us today.

 

How to Become an Employer of Choice

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That’s right; a competitive employee benefits package has the power to differentiate you from fellow employers within your market or industry. An attractive benefits package can be an excellent way of retaining the talent you already have, and recruiting your market’s cream of the crop.

In a great article released by Inc.com, “How to Build a Competitive Employee Benefits Package,” the author addressed endless options to include as part of your package. But how can the small to medium sized business owner afford all of these great options?

There are many reasons we love the PEO/co-employment solution; but the benefits they bring to the table is definitely one of our top reasons. Every day, PEOs help companies put together benefits packages that are powerful enough to blow their competition out of the water.

Because of their size, PEOs have the power to negotiate more competitive benefit packages than your small business may be capable of. As they say, there’s power in numbers. The results are rewarding: employers save money on competitive benefits packages, and employees gain access to better benefits surrounding health care coverage, other various medical benefits, and even lifestyle benefits such as recreation access, credit union membership, and financial counseling.

Want to learn more? Contact Employer Solutions Plus today for a complimentary consultation. We can quickly help you determine if the co-employment solution is a good fit for you. And with a stronger benefits package, you’ll be attracting top talent in no time!

“Pay As You Go” Work Comp Solutions in Tampa

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Workers compensation insurance is required for almost every type of Tampa business, and while purchasing this insurance is necessary, it’s often very painful. If you’re in a high risk industry, the rates can be even more debilitating.

Without a strong work comp policy on your side, your organization becomes susceptible to tremendous financial risk should anyone get hurt on the job. So where does this leave you – Do you skimp on the coverage in order to afford it (not recommended, in some cases you could be violating the law) or do you choose your safest option, which may also be the most expensive, crippling your cash flow.

Have you heard of “Pay As You Go?” Employer Solutions Plus offers “Pay As You Go” programs linked directly to your payroll. Through this program, workers compensation insurance rates are calculated on actual payroll data and not on estimates. This approach eliminates large up-front deposits, end of the year payments, audits, and expensive finance charges.

Many Tampa clients choose the “Pay As You Go” route based on the elimination of down payments alone. We’ve had many clients that were required to put down as much as 100% of the estimated premium when working with previous insurers.

Say goodbye to that big financial burden! Interested companies must meet certain qualifying criteria, so be sure to contact us to see if your company qualifies! If you have an existing policy, no need to worry. Employer Solutions Plus can take a look at it for you, and determine what better options are available.

To reach us directly, visit our contact page.

What are Section 125 Tax Savings Plans?

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As a small business owner or HR professional, you can only know so much! Navigating the ins and outs of tax compliance can be a full time job in itself, which is why Employer Solutions Plus offers clients assistance in Section 125 Tax Savings Plans.

What you need to know: A Section 125 Plan provides tax savings for both the employer and employee by reducing employee benefits from gross salary prior to the calculation of federal income and social security taxes. This is allowed under Internal Revenue Code Section 125 – which is where this plan gets its name! You may have also heard this plan referred to as a “Cafeteria Plan” because employees “choose” from a selection of two or more benefits – similar to the cafeteria concept, where visitors choose from different foods.

This plan provides employee participants an opportunity to receive certain benefits on a pre-tax basis. A Section 125 Plan is a separate written plan maintained by an employer for employees that meet the specific requirements of, and regulations of, section 125 of the Internal Revenue Code (IRC). Do your employees meet the specific requirements of the IRC?

How we can help: Employer Solutions Plus can almost immediately tell you upon consultation if your company and employees qualify for such a plan. If your company does qualify, the written plan must specifically describe all benefits and establish rules for employee eligibility and elections – another area Employer Solutions Plus can help with.

Qualified benefits include: accident and health benefits, dependent care assistance, group-term life insurance coverage and HSAs (Health Savings Accounts). If you currently have a plan that only offers employees a choice between taxable benefits it is not considered a Section 125 Plan.

For more information on Section 125 Tax Savings Plans or Cafeteria Plans, contact Employer Solutions Plus today.