3 Ways to lower your Unemployment Taxes
With rising unemployment rates there are simple easy steps you can take to minimize your SUTA/SUI. By minimizing your SUTA/SUI you can control your HR budget and lower your taxes it can also reduce turnover and improve employee morale. There are simple ways to do this.... Schedule for business on accounting of finances and income calculation Website-March-in-the-Know-1Download
Disengaged -burnt out Employees got you down-Employee Recognition to the rescue!
March 1st is National Employee Recognition Day! Did you know that employees who receive regular well thought out recognition from their supervisors/managers and peers are: 73% less likely to feel burned out. 54% less likely to be looking for other employment.Further studies indicate that those employees who only receive recognition just a few times a year are: 5x more likely to be actively disengaged. 74% more likely to leave their organization within one year. 27% more likely to be struggling.Employees who receive recognition from their peers just a few times a year are: 3x as likely to be disengaged. 39%…
Easy Solutions to improve Employee Retention
Let's talk about Retention!! The last few years have seen changes in employee turnover. In 2020 we were in the midst of COVID, and many employees were laid off due to shutdowns. In 2021 was the year of the Great Resignation as employees became increasingly dissatisfied with their jobs and started searching for new opportunities. In 2022 employers started searching for employees instead of employees searching for them. In 2023 Return to work became the norm as more employers began requiring employees to return to the office. 2024 the job market is cooling, and unemployment has been slowly creeping up.…
Make DE&I Initiatives a part of Black History Month
Celebrate Black History Month Did you know that honoring the African American culture goes back to 1926. Originally it was one week in February and was known as Negro History Week. February was chosen in honor of both Abraham Lincoln 16th US President and Federick Douglass former slave who was an abolitionist, writer, statesman and social reformer. As the decades progressed the notion of celebrating the African American culture became more popular. In 1976 Black History month was proclaimed by Gerald Ford. He encouraged all Americans to learn more about the accomplishments on African American in “every area of endeavor…
SECURE 2.0 Retirement made easier for Part-time Employees.
HEY DID YOU KNOWOn January 1, 2024, long-term part-time employees are eligible to participate in your 401(k) plan. To be eligible the employee must be over 21 and have worked at least 500 hours a year in the last three years. Participation is voluntary, and employers do not have to match the contribution. For more information on this new law please contact your Retirement TPA.
Top HR Goals of 2024
Happy New Year!!!Ready or not here comes 2024. Some of the top HR goals of 2024 are as follows: Start Promoting Work-Life Balance Revise the Company Values Schedule 1:1 meeting with Direct Reports Update Compensation matrix, Benefits and Perks Update your Handbook Review your hiring process Implement/Update Training Programs Launch DE&I Initiatives Review HR Policies/Procedures Adopt a People First Culture Get on board with AI Outsource HR functions The team here at SAVIO can help you reach these goals along with any other HR needs you may have. Give us a call, we are here to help.
Simple ways HR can help employees and Managers manage holiday stress
Happy Holidays! HR for the holidays As we enter the season of gift giving, holiday parties, family and friends. This time of year also brings on the stress. Employees are stretched to the limit trying to get that end of the year project done, not to mention the stress from outside of the office. This jolly time comes with its challenges. As HR professionals we need to be aware of those holiday stressors and have strategies to help managers and employees cope with the holiday season. Most of the solutions are very simple. Encouraging employees to take a break. Whether…
December Newsletter – Savio In the Know
You have spent so much time and money getting that perfect candidate the offer was made and then.. Your perfect candidate has refused your offer. Now what. One of the first things you want to do is contact your local unemployment office and report this refusal… Savio in the Know December 2023 web versionDownload
October Newsletter: The I-9 Form-New and Improved
The new and improved I9 form that should be easier than ever to use. The USCIS has updated its I9 form and will be required to use by November 1, 2023. Savio in the Know-October 2023Download
Detecting and Reporting Fraudulent UI Claims: Fighting UI Fraud is Everyone’s Job
The COVID-19 crisis has made the environment ripe for fraud. States’ UI systems are being overwhelmed with record numbers of new and weekly claims; they have staffed up rapidly to process claims; however, there has not been time to train new or contracted employees on how to identify suspicious claims. With an urgency to pay claims quickly, states have waived their one week waiting period. The waiting period is used by states to validate and investigate claim eligibility; and with many employers working remotely, no one is there to timely respond to the UI notices that come by mail. Savio…
