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Returning Value Blog

Want To Motivate Employees? Get Back To Basics

Posted by Amber Malik on Jan 16, 2019

Motivation. It’s a relatively simple word, but encouraging it among your employees can be a challenge. Maybe that’s because, fundamentally, enthusiasm must come from within. It’s not something you can implant in someone externally. For this reason, employers sometimes need to get back to the basics of employee motivation to identify the right ways to inspire their workforces.

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Posted in Payroll, HR & Benefits

Comply Carefully With The Laws Regarding Background Checks

Posted by Becky Snedigar on Jan 08, 2019

A bad hire can lead to more than just disappointment. Disgruntled employees may draw bad publicity; file complicated, expensive lawsuits; and even disclose or destroy sensitive data. Many employers are adding background checks to their hiring processes for these reasons. If you’re thinking about joining them, here are some dos and don’ts to follow.

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Posted in Payroll, HR & Benefits

Fringe Benefits: Long-term Care Insurance Can Pay Off

Posted by Marty Williams, CPA on Dec 12, 2018

The U.S. population is aging and, as it does, the need for long-term support and services will only grow. According to a 2017 fact sheet from the AARP Public Policy Institute, on average, 52% of people who turn 65 today will develop a severe disability that will require long-term care (LTC) at some point. For this reason, among others, employers should consider offering LTC insurance as a fringe benefit.

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Posted in Payroll, HR & Benefits

Which Employees Are Truly Your MVPs?

Posted by Amber Malik on Dec 07, 2018

Every year, when baseball season finally ends, a most valuable player (MVP) is named in each league. Not everyone agrees on the choice; in fact, it’s something fans love to argue about. But eventually the two players receive their awards and their names go into the record books.

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Posted in Payroll, HR & Benefits

Help Employees Take Flight With a Performance Management Pilot Program

Posted by Becky Snedigar on Dec 06, 2018

Many years ago, “performance management” was a supervisor giving orders to an employee and the employee trying to follow them. But as the workplace has evolved and employers have sought to get a greater return on investment in human resources, the concept of performance management has become much more complex.

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Posted in Payroll, HR & Benefits

Would a Roth 401(k) Plan Suit Your Employees?

Posted by Michael D. Machen, CPA, CVA on Dec 06, 2018

Roth 401(k) accounts have been around for quite a while. But many employers still don’t offer them and many employees still don’t understand them. As the name implies, these plans are a hybrid — taking some characteristics from Roth IRAs and some from traditional employer-sponsored 401(k)s. When considering (or reconsidering) your retirement plan options, look into whether a Roth 401(k) would suit your employees.

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Posted in Payroll, HR & Benefits

3 Critical HR Metrics For Employers

Posted by Becky Snedigar on Nov 08, 2018

Many employers routinely watch key financial metrics, such as current ratio and gross profit. But these aren’t the only measures you should consider monitoring. Recent years have seen the emergence of vital human resource (HR) metrics. These measures can help your organization make better-informed decisions about human capital, operations, and overall strategy. Here are three examples of critical HR metrics:

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Posted in Payroll, HR & Benefits

Analyze Your Health Plan’s Electronic Security to Comply With HIPAA

Posted by Amber Malik on Oct 15, 2018

If you’re an employer that sponsors a health care plan, you may worry about inadvertently violating the Health Insurance Portability and Accountability Act — commonly known as HIPAA. But you should also bear in mind that there is a formal requirement for ensuring electronic data security. Specifically, sponsors of most plans must do a risk analysis to comply with what’s called the HIPAA security rule.

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Posted in Payroll, HR & Benefits

Supervisors Promoted From Within Call For Special Care

Posted by Murry Guy, CPA on Oct 04, 2018

When a supervisory position opens up, your immediate reaction as an employer may be to post a job opening to the general public. But don’t underestimate the value, efficiency and cost savings of an internal hire from your nonmanager ranks.

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Posted in Payroll, HR & Benefits

Minding The Compliance Requirements Of An NQDC Plan

Posted by Becky Snedigar on Oct 02, 2018

To maintain their lifestyles in retirement, many top execs would like to set aside more dollars annually than is allowed under a qualified plan, such as a 401(k). One way an employer can help them do so is by setting up a nonqualified deferred compensation (NQDC) plan.

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Posted in Payroll, HR & Benefits

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