What is your company's succession plan?

Posted by Christy Putnam on July 18, 2018 at 12:29 PM

Is your organization in a constant scramble when someone suddenly leaves the company?

Have you ever had a key employee leave that you thought would always be there to do the job?

Do you have a plan?

A succession plan, to be more specific.

“I know I have heard of that. But what is it, and why do I need one?” you may be asking. A succession plan is defined as “a process for identifying and developing new leaders who can replace old leaders when they leave, retire or die. Succession planning increases the availability of experienced and capable employees that are prepared to assume these roles as they become available.” Succession planning is not just for large employers. It's critical for small ones, too. They benefit employees as well as employers.

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Topics: Human Capital Management, Human Resources

Cost Effective Healthcare Options Available to Small Employers

Posted by Christy Putnam on July 17, 2018 at 3:03 PM

The Department of Labor (DOL) has made it easier for small employers (i.e. generally 50 employees or less) to join together to buy health insurance coverage with big company benefits and potential large group savings. The DOL's recently released Association Health Plan (AHP) final rule expands access for these organizations. AHPs have been around for many years, but the rules on them have now been loosened a little with the newly adopted legislation. AHPs have a better negotiating position due to the health risks being spread over a larger pool than if the members participated individually. The final rule also bestows upon them the ability to self-insure without being required to meet all of the essential benefit mandates of a small employer.

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Topics: Human Capital Management, Human Resources, Healthcare

How much do you know about current HR trends?

Posted by Christy Putnam on March 28, 2018 at 4:24 PM

Everybody needs a short break in their day. So grab your cup of coffee, tea, or water, and let’s play a game! See how much you know about current HR trends. Which of the following multiple choice questions can you get correct:

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Topics: Human Capital Management, Human Resources, HR Compliance, connections 2018

What impact can workplace culture have on your business?

Posted by Christy Putnam on March 27, 2018 at 4:28 PM

What kind of culture do you have?

If asked, how would you describe your workplace culture? If your employees were asked to describe it, what would they say? For the first time in history, five different generations are in the workforce at the same time. This historical situation brings cultural expectation challenges for human resources, as each generation has experienced different eras in time, world events, communication styles, and technology advancements. It is important to remember that generational context is about common experiences, and different people require different approaches.

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Topics: Human Capital Management, Human Resources, connections 2018

Back to Basics with Your Employee Benefits

Posted by Christy Putnam on February 21, 2018 at 2:55 PM

Employee benefits are typically an employer’s second largest expense after payroll. They are also a critical tool for attracting and retaining top talent. The Bureau of Labor Statistics issued a very interesting News Release: Employer Costs For Employee Compensation – September 2017. The study estimates that employee benefits make up 31.7% of an employee’s total compensation, on average.

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Topics: Human Capital Management, Human Resources

Bennett/Porter’s conference returns! Join us for Connections 2018

Posted by B/P News & Notes on February 13, 2018 at 3:53 PM

In 2017, we here at Bennett/Porter took a year off from hosting our annual Connections conference to focus on expanding our software and service offerings. This year we return with Connections 2018  and we invite you and your colleagues to join us.

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Topics: People. Ideas. Technology., Conferences, Information Technology, ERP, Business Technology, Customer Success, Business Essentials, Human Capital Management, News Alert, connections 2018

Do new tax tables mean more money in my paycheck?

Posted by Christy Putnam on January 19, 2018 at 10:51 AM

President Trump signed the Tax Cuts and Jobs Act into law on December 22, 2017. Under the new law, the individual tax rate will be reduced to a maximum of 37%, which is down from 39.6% prior to the new bill being passed. The bill kept a seven-bracket tax structure, but the ranges have been adjusted to 10%, 12%, 22%, 24%, 32%, 35%, and 37%. These brackets are currently set to expire in 2025.

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Topics: Human Capital Management, Taxes

If there was an Employee Handbook Best Sellers list, would yours make the cut?

Posted by Christy Putnam on January 10, 2018 at 1:13 PM

When was the last time you saw that a state or federal employment law had been updated? Today? Yesterday? Last week? In fact, when was the last time your company's employee handbook was reviewed and updated? If your answer is, "More than 12 months ago," it may be (past) time to take another look. With all of the political chatter, sexual harassment claims, updates in state minimum wage, as well as parental and sick leave laws, things are constantly changing, and the need to update the employee handbook in a timely manner has become critical.

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Topics: Human Capital Management, Human Resources

New year, new laws! What's your scheduling solution?

Posted by Christy Putnam on January 8, 2018 at 9:56 AM

Ushering in a new year means accommodating new employment laws. Oregon is the first state to pass a predictive scheduling law. On August 8, 2017, Senate Bill 828 was signed into law with a majority of the provisions becoming effective July 1, 2018. This bill applies to employers in the retail, hospitality, or food services industries with 500 or more non-exempt employees (temporary or leased workers are not included). It requires these employers to provide seven days’ notice (14-days beginning July 1, 2020) to employees of their work schedules. The intended purpose of the bill is to help hourly workers juggle additional priorities like child care and other employment.

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Topics: Human Capital Management, Human Resources

FMLA: What Are My Responsibilities?

Posted by Christy Putnam on December 13, 2017 at 4:02 PM

The following series of questions and answers is designed to give a high level overview of the responsibilities companies have if they are required to provide time off under the Family Medical Leave Act (FMLA).

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Topics: Human Capital Management, Human Resources

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