You can now add your Logo on
your PayStubs and W2's
|
We are pleased to announce that our clients now
have the ability to add their Logo on all their Paystubs and W2's
This capability is available on the eTimeSheets
Manager page.
CLICK HERE FOR MORE
INFORMATION AND INSTRUCTIONS
|
|
Reducing Stress in the
Workplace
|
Stress in the
workplace can sidetrack employees and prevent them from doing their
best. When workplace stress seems overwhelming, the following are
some simple steps for reducing the pressure and increasing employee
performance and productivity.
How Managers
Can Help Reduce Stress
Divide Complicated
Projects. Dividing a complex project into phases provides
specific direction, helps maintain a calm environment, and
motivates the team.
Communicate Regularly. Recognizing employee
achievements can increase confidence. Employees may also be able to
help identify new ways that they can contribute.
Start Delegating.
Allocating an important task to one or more
employees with solid planning and open communication can reduce
overall stress for a manager.
Tips for Reducing Stress
Everyone Can Use
|
Make Time for Meetings and
Completing Tasks. Blocking out the time necessary to complete a task on
your calendar is just as important as scheduling time for meetings.
Avoid Setting Unrealistic
Goals. Setting achievable goals with reasonable timelines helps your sense
of accomplishment grow while your stress level declines.
Schedule Time for Exercise. A regular exercise routine
can help lower stress and recharge your batteries for the
challenges ahead.
|
Introducing Brandywine
Abstract
|
Since
1988 Brandywine Abstract Co. had been providing title insurance and
real estate settlement services in Pennsylvania & New Jersey
for both residential and commercial real estate purchases and
refinances. We resolve any issues well in advance of closing and
only charge the state minimum for our services. We have
conducted every type of transaction from a first time home buyers
purchase all the way up to a $150,000,000 bond secured construction
project which spanned 3 counties. |
We strive to make every settlement seamelss.
Joe McLoughlin
Vice President
Brandywine Abstract Co.
610-519-9300
Email Joe McLoughlin
Visit Brandywine Abstract
Website |
|
|
|
News for
employeeMAX clients |
We strive to
provide our clients with pertinent information on our Company, the
Payroll Industry, and other Human Resource information.
In particular, in this issue, we
discuss the Affordable Care Act and Unpaid
Internships.
On behalf of the
entire EMPLOYEEMAX team, I thank you for your business and we look
forward to providing you with superior payroll and HR services and
exceeding your expectations.
Sincerely, Bob Curran,
President & CEO
Upcoming Classes
Report
Writer---06/09/2011 11
AM
ET
HR & Benefits
Class---6/23/2011 11 AM ET
To register or for more information, please
contact Bobbie Smith at Bobbie.Smith@EmployeeMax.com
|
|
Affordable Care Act's 1099
Reporting Requirement, Free Choice Voucher Provision REPEALED
Business Benefits Group
|
Repeal of
1099 Reporting Requirement
President Obama recently signed into law a bill
that removes the expanded "1099" reporting requirement
from the Affordable Care Act. The provision would have
required businesses to report on Form 1099 all purchases of goods
and services of $600 or more annually.
The bill,
officially named the "Comprehensive 1099 Taxpayer Protection
and Repayment of Exchange Subsidy Overpayments Act of 2011,"
makes the following changes to the Affordable Care Act:
Repeals the expansion of existing requirements that
businesses report information to the Internal Revenue Service on
payments for goods of $600 or more annually to other businesses;
and
Increases the
amount of overpayment of premium assistance tax credits for
purchasing health insurance coverage through state-based Exchanges
that will be subject to repayment.
Free Coice
Voucher Requirement Eliminated
President Obama
also signed into law a bill that eliminates the requirement under
the Affordable Care Act that employers provide free choice
vouchers to certain employees.
Beginning in
2014, employers who offer
health insurance coverage would have been required to provide a
"free choice" voucher for purchasing health care through
state-based Exchanges to qualifying employees.
For more information on the
Affordable Care Act, Please Click Here
|
|
Unpaid Internships
|
With summer approaching, many employers are preparing to
hire seasonal interns. If your company sponsors an internship
program, you may be wondering if you are obligated to pay these
individuals for work performed for your business during the course
of the internship. The following guidelines provided by the US
Dept. of Labor can help you determine whether interns must be paid
the federal minimum wage and overtime under the Fair Labor
Standards Act for the services that they provide to
"for-profit" private sector employers.
There are some circumstances under which individuals who
participate in "for-profit" private sector internships or
training programs may do so without compensation. The determination
of whether an internship or training program meets this exclusion
depends upon all of the facts and circumstances of each such
program. The following six criteria must be applied when making
this determination:
- The internship, even though it
includes actual operation of the facilities of the employer,
is similar to training which would be given in an educational
environment;
- The internship experience is for the
benefit of the intern;
- The intern does not displace regular
employees, but works under close supervision of existing
staff;
- The employer that provides the
training derives no immediate advantage from the activities of
the intern, and on occasion its operations may actually be
impeded;
- The intern is not necessarily
entitled to a job at the conclusion of the internship; and
- The employer and the intern
understand that the intern is not entitled to wages for the
time spent in the internship.
If all of the factors listed above are met, an employment
relationship likely does not exist under the FLSA, and the
Act's minimum wage and overtime provisions do not apply to the
intern. This exclusion from the definition of employment is
necessarily quite narrow because the FLSA's definition of
"employ" is very broad. Please consult the Dept of
Labor website for more information.
|
|
Financing The Growth of Your Business
|
There is a direct relationship between the growth of your
business and the need to finance the increase in your current
assets. For example, if your average accounts receivable
collection period is 45 days and your business has revenue of
$83,000 per month or $1,000,000 per year, you will have an
investment of approximately $124,500 in your accounts
receivable. For every subsequent $1,000,000 of annualized
revenue increase your investment in accounts receivable will
increase by $124,500. Sales increases are great, but
financing those sales in today's marketplace can be a
challenge. Accounts receivable financing is the terrific
option to match the growth of your accounts receivable with a
flexible line of credit that is tailored to match the growth of your
accounts receivable. Accounts receivable financing programs
are provided by traditional banks and independent commercial
financial companies. Factoring is another option to support
the growth of your business but these programs do require the
"sale" of your accounts receivable invoices. Some
banks do provide accounts receivable financing programs and
generally speaking, bank programs are less expensive than those
provided by independent commercial finance companies.
However, the credit criteria for qualifying for a bank program will
most likely be more stringent than that of a commercial finance
company. A bank program may also be less flexible in terms of
the ability to grow the credit line beyond the initial approved
credit line limit. Most independent commercial finance
companies view the growth of the accounts receivable line in very
positive terms and, as long as the accounts continue to perform,
will most likely increase the line of credit to accommodate the
growth.
Allied Financial is an independent commercial finance
company that is based in Atlanta, GA doing business in GA, SC, TN,
AL with a subsidiary office in New Jersey that covers PA, NY, NJ,
and DE. Allied provides accounts receivable financing to
start-ups, rapid growth and companies in "transition"
with credit needs that range from $25,000 to $1.5 million.
Our programs are primarily based on a company's accounts receivable
although in conjunction with our A/R financing product we can also
make advances against inventory, machinery & equipment and real
estate. We finance manufacturers, wholesaler distributors,
business to business service companies such as staffing and
consulting and non-bonded contractors. If your company is in
need of a flexible, responsive, independent commercial finance
company to provide working capital financing, please call or email
Bob Vanaman, 856-481-4790 or bvanaman@alliedfinancialcorp.com
Robert J. Vanaman, Jr., Executive Vice
President, Allied Financial
|
|
We Appreciate
Your Referrals |
Employer Services Online would like to thank
you for being a valued customer. We appreciate your business
and enjoy servicing your payroll and HR needs. In addition to
building relationships throughout our business communities,
referrals are the heart of ESO. The biggest
compliment we can receive is having our existing clients refer us
to others, so if you have enjoyed the EmployeeMAX experience and
savings, we would appreciate you telling others! Thank you
again for your continued commitment to Employer Services Online.
|
|
|
|
