Tag Archives: Small Businesses
Small Businesses: The Pros & Cons of Employee Benefits
Employers are not legally required to offer employee benefits, so why do they offer them? Since payroll is already the largest line item on most employers’ balance sheets, and recruiting new employees costs time and money, attracting and retaining the top talent should be a priority. This is particularly true within competitive industries where workers have multiple options.
Small businesses must manage expenses and cash flow wisely and with much caution. It is also important to note that employers who offer benefits also are bound by certain laws and regulations. Regardless of whether there are violations, employers may need the …
Looking to Grow Your Business? Heed These Hiring Tips
If your business is growing, first and foremost, congratulations. Small business owners face plenty of adversity and struggle to beat the odds every single day. While your operation might be successful, hiring new employees to manage that success is another key to thriving. In this article, we’ll cover six important hiring strategies that small businesses can implement to find qualified candidates and to minimize TN Employment Practices Liability.
Gauge their passion.
Skills and talent are important, but you must also take into account whether candidates are passionate about going to work for you. Did they do pre-interview research to …
ACA Still A Struggle For Tennessee Small Businesses
Many Tennessee small business owners are among the millions of businesses nationwide that have not yet had to adapt to the complex Affordable Care Act (ACA). While the federal government has been encouraging small business owners to buy into the new healthcare system ever since the ACA went into effect, many business owners instead took advantage of provisions that allowed them to keep offering employees existing healthcare insurance policies. There are currently two types primary ways that Tennessee business owners are able to opt-out of the ACA standards, “grandfathered” healthcare plans and “grandmothered” healthcare insurance programs.
The Affordable Care Act …
