On June 30th the Minneapolis City Council passed a minimum wage ordinance requiring a $15 minimum wage. It will be implemented in phases, starting with a $10 requirement on January 1st, 2018, and increasing from there. There will also be different concessions made for small businesses. Read more.
The EEOC's, or the Equal Employment Opportunity Commission's, current rules allow employers to impose certain incentives or penalties on employees to encourage participation in wellness programs. A recent court ruling requires that the EEOC redrafts the rules as they are too arbitrary. Others say that these penalties often have the opposite effect than intended. Many employees feel discouraged from joining such programs when they are forced to do so. Learn more.
|We asked employers what they felt was the most pressing issue they face, the top answers are below. Anything familiar?
- Employee interaction
- Time/hour management
ACA doubt continues to loom as Republican leaders struggle to pass health care reform. While the ACA repeal and replace effort seems to have stalled, for now, legislators are hopeful that at least some of the provisions sought in the new bill will still become a reality in the future. Read more.
Digital currency is on the rise, and its effects on the investment and entrepreneurial world are starting to be felt, primarily by venture capitalists. Every since the inception of the currency BitCoin, and the technology that supports it, known as Blockchains, the use of digital currencies have been on the rise. Now, startups are using them for capital. Read more.
The USCIS recently released an updated version of Form I-9, Employee Eligibility Verification. Employers will have to be using the revised form by September 18th of this year. The rules employers must follow in regards to the storage and filing of forms will remain the same, and changes to the form are minimal. Updates mostly have to do with the list of acceptable documents that can be used to verify one's identity. Learn more.
Smart-HR is in full swing preparing for the 2017 ThoughSpot Conference and Tradeshow by Good Neighbor Pharmacy. The Conference spans four days, and is an opportunity for a variety of independent pharmacies to share industry practices, network, and educate themselves. The Smart-HR team will be working hard at the conference to show how our Smart-HRx system can streamline HR in pharmacies. Learn more.
Despite an unexpected result in the British general election the market has remained strong. The increase in bank stock is likely behind the swell. Politics continue to drive the market, as Comey's recent testimony also increased investor confidence. Now, the market looks to see if the current administration will follow-up on its promises of deregulation and tax reform. Read more.
A bill making its way through California legislature seeks to ban employers from asking prospective employees about their salary history. Proponents argue that this transparency will help fight payment inequality. Others argue that the bill would place an unnecessary burden on employers who generally use this data to weed out candidates. Learn more.
Student debt is one of the greatest challenges facing the new workforce at your disposal. Recent discussions surrounding benefits administration have focused on how employers can help. Well, Memphis took a huge step in that direction by becoming the first city to offer student debt relief as a benefit. Read more.
Retirement is, for obvious reasons, an extremely important part of benefits administration in a company. Recently, benefits experts have been weighing in on the future of retirement planning. What do they see? Robots. Read more.
Recent policies being espoused by the current administration, particularly on immigration, have started to show their effects. Primarily, the U.S. has seen a decrease in foreign students traveling to the U.S. to completer MBA programs. This may have lasting effects on the workforce. Learn more.
Early on, in the beginning of the Trump administration, stock markets were responding very positively. Coprorations were promised fewer regulations, and were confident that they had a friend on the hill. In the last three weeks, this feeling has seemed to dissipate, or at least change. Experts feel the consumer is responsible as household confidence continues to be limited in the average family. Read more.
Smart-HR was recently honored with the 2017 Best Places to Work Award for Southeastern MN by Workforce Development, Inc. The award recognizes companies of all sizes for their work in cultivating a healthy and attractive working environment.
“The award is a team effort,” stated Erik Lundquist, Founder/President. “We all collectively contribute to a team environment that makes Smart-HR a great place to work. By providing an environment where everyone loves to come to work, we ultimately take better care of our clients and do a better job of fulfilling our purpose.”
Since inception, Smart-HR placed a keen focus on cultivating processes and a culture that enables them to positively impact working environments in MN and nationwide. From a clearly defined purpose to established company values that impact who they hire, how they deliver their solutions and ways they support their internal team members, Smart-HR continues to experience high retention of their team members and partner companies. Partner companies place trust in a professional team that they can scale with over time.
“I have been able to work with Smart-HR since the company opened in 2012,” remarked Jess (Ihrke) Anderson. “Smart-HR continues to help me unpack and discover talents that push me to grow and contribute more value to our team and client partners. I am challenged with new opportunities, invested in to get the training and skills necessary to perform stronger and supported most recently when needing a different work arrangement. I also get to work with a team who emits positive energy every day and has great knowledge and professionalism in what they do. This is why I believe we have, I have a great place to work.”
Josh Haynes, system administrator at Smart-HR, also stated, “The biggest reason I choose to work at Smart-HR is the ability for me to make such a big impact as one individual. Because we are a small company that works together without layers, I have the chance to change the way our organization operates and can actually see that playing out all of the time. We have a unique environment that allows us to impact both the way we work with customers, and the way we work with each other, and I feel like that is not something you could do everywhere.”
In October 2015, Smart-HR adopted a framework for self-organization called “holacracy” that enables team members to work in a peer-to-peer system without traditional management structure. This continues to yield increases in organizational transparency, accountability and agility.
Smart-HR is proud to be recognized alongside other outstanding companies in Southeastern MN and looks forward to learning from this network of vibrant companies. Many thanks to Workforce Development Inc. for providing this recognition to area businesses.
Healthcare has been at the top of the headlines of late. As the the current administration continues to seek reform, many are still left scratching their heads regarding what to expect in the future. Of primary concern to employers is the so called "Cadillac Tax". Many argue that it will only succeed in hurting businesses. Read more.
A recent bill, introduced to the house floor seeks to increase federal financial aid for education. This particular bill, which received bi-partisan support, refers to aid provided to students by employers. The topic is covered in further detail in this SHRM article. Read more.
Being that it's tax season, a popular topic of conversation, especially on the hill, has been tax reform. After struggling to find traction in healthcare, the administration has now set it's sites on tax law. Read more.
America was introduced to the ACHA this week. The new administration unveiled their long awaited healthcare bill. So, what has changed, what do you need to know? One of the biggest questions for businesses is in regards to the employer mandate. Read more.
The new year has brought about many changes, including trends in HR. There are new norms in the workplace that have started to emerge, more leave, changes in telecommuting. Learn more from this great SHRM article. Read more.
Consumer confidence in the markets has continued to rise, and it's doing so faster than it has in fifteen years. Much of the rise has to do with strong stock indexes, and a favorable post-election environment, but some say there is still room for caution. Read more.