"We cannot believe the positive experience we have had this year with Coastal vs the years of declining service and professionalism at ADP! Thank you."
Insurers are Allowed to Continue Existing Policies even if they do not Comply with ACA Minimum Essential Coverage Requirements
When the Affordable Care Act was signed into law a few years back, 2014 was the 'big year' in which many mandates would take effect. Over the summer, we saw the delay of the Employer Shared Responsibility mandate requiring businesses with over 50 full-time employees to provide coverage. Four days ago, we witnessed another year-long punt of a mandate barring insurers from offering plans that lacked essential benefits such as free preventive care.
Some Surprising Statistics
When veterans return from service and reintegrate with civilian life, there are many misconceptions and stereotypes that need to be erased. Yes, unfortunately there is the reality that some troops return with PTSD and drug addictions that wreck the psychological state and thus quality of life. But in no regards can this be generalized. Veterans do make an astounding positive impact on our economy. Let's look at some statistics.
On November 4, 2013, Coastal Payroll CEO Jonathan Gallagher was inducted as President of the Executives' Association of San Diego, an organization founded in 1923 with intentions "to promote, facilitate, and further the interchange of business information - enabling members to secure new business and increase revenue."
"I have had the opportunity to receive some fantastic benefits as a member of the Executives' Association," said Gallagher. "Now, it's time to serve and give back."
When the recession hit the United States, the IRS uncovered an illicit widespread practice - the misclassification of workers as 'independent contractors' to avoid paying insurance, taxes, fair wages, and overtime.
In 2010, 23 states had already passed legislation against the misclassification of employees. This year, that number moved up to 30.
Why is this practice becoming so common amongst employers?
Why you should take Twitter seriously
Rarely are small or medium sized businesses on Twitter, stemming from the perceived notion that it is inefficient in producing leads. You may want to think again...
Twitter conducted a joint research project with Market Probe International, Inc., a global research firm, to provide reinforcement for the potential of this medium - thereby raising company value before the IPO. The results were quite surprising.
Let's get specific:
The only thing that is certain, is the uncertainty
Three things are plaguing business right now:
- Federal Government Shutdown
"The Labor Department said Thursday that 374,000 people filed first-time unemployment claims last week. That seasonally adjusted figure was up a whopping 66,000 from the previous week -- far above analysts' estimates -- and it was the highest count since last November after Superstorm Sandy struck the East Coast." - LATimes, Don Lee, 10/10/13
Is it Work & Life, or Worklife?
The American workday is no longer 9am - 5pm. Indeed, you likely check your email on your phone when you open your eyes at 6am. You proceed to make those important calls on the way to and from work. After hours, dinners are proceeded by more work as you hop back online to continue those crucial tasks. And finally before you go to bed, one last communication scan or a few more minutes contributing to that project you started earlier...
Inundating our personal news feeds, national news sources, and friendly conversations is the current Federal Government closure. We have heard the main arguments, understand the two sides of the story, and the consequences for hundreds of thousands federal employees. What isn't reported on, however, is how the partial government shutdown affects small businesses.
The Jacobs Model
Trust starts at the heart. It is an emotional feeling of assurance, which results in superb organizational success and advantage. Fail to cherish this key component of the workplace, and you'll witness an ailing organizational, decreased output, and diminished worker satisfaction.
The Jacobs model links eight intrinsic drivers of trust, each of which is impacted by an individual's psychological well-being and environment, to two paths of performance - positive and negative.
New DOL FAQ says No Penalty on Employers Who Do Not Send Exchange Notices to all Employees by Oct 1
The specifics aren't crystal clear and the ambiguity continues.
The Department of Labor published a FAQ on their website last week, which claims no penalty on employers who do not send exchange notices to all employees by October 1. This is likely due to difficulty with enforceability.
Coastal Payroll still recommends that you do distribute the notices:
(1) There must be an ethical consideration for keeping your employees informed and aware.