As employers make plans to return to work, reducing legal risk should be a primary goal. MP’s HR compliance experts share four ways to improve legal compliance in HR and reduce the risk of fines, complaints, and lawsuits. Read the article to:
• Learn why time tracking software could save your organization hefty fines and lawsuits (sems redundant as is)
• Find out if a blanket COVID safety policy could work for multi-state locations
• Get guidance on how to train managers to avoid compliance and safety pitfalls
Read the article.
Archives for July 2021
Digital Nomads: Reducing Payroll Tax and HR Compliance Risks
“Digital nomads” increased by 96% from 2019 to 2020 per a recent study. The term digital nomads refers to employees who live and work in places around the country, or even the world. Unencumbered by an office, these employees working remotely travel and work in new locations, often without their employer’s awareness. While these remote work trends may result in happier employees and geoarbitrage (a way to hack and improve income compared to the cost of living), it’s also creating payroll tax compliance and general HR compliance issues for employers. Read the article to:
• Find out how digital nomads unknowingly create HR compliance issues
• Discover why digital nomads expose their employer to the risk of back taxes and fines
• Get tips on how to prevent payroll tax and HR compliance problems
• Uncover solutions that will keep employees happy and reduce risk for employers
Read the article.
A Simple Decision Tree to Determine Your Employee Retention Tax Credit (ERC) Eligibility
Use this simple tool to determine if your business is eligible for the ERC. Businesses across all verticals have claimed an Employee Retention Tax Credit (ERC or ERTC) of up to $33,000 per employee. Some employers have received ERCs of over $1 million. This program is accessible to many employers (in both the nonprofit and corporate sectors) — even if an organization already received other pandemic aid like PPP loans. Businesses may utilize this decision metric, developed by MP’s HR and payroll experts, to help determine ERC eligibility for a 2020 quarter. (Note, this diagram is provided for informational purposes and doesn’t constitute legal or accounting advice.) Download the diagram to:
• Determine eligibility for the ERC
• Find out how an employer’s size affects ERC eligibility
• Learn how much of a revenue loss employers must demonstrate to claim an ERC
• Discover how 2020 and 2021 ERC eligibility criteria differ
Hybrid Work Models: Best Practices for Successful Implementation
As the pandemic winds down, many employers are not fully returning their workforce to the office. However, keeping the team fully remote isn’t always optimal for meeting their business needs. MP’s HR services team shares three hybrid work models to optimize the employee experience and an organization’s ability to meet its business goals. Read the article to:
• Find out how to implement a hybrid work model while ensuring compliance
• Determine the best hybrid work environments for your workplace
• Get tips on supervising remote employees
• Learn how to optimize the performance of remote teams
Read the article.
The Employee Retention Credit (ERC) Playbook
Most businesses with less than 500 employees are eligible for an Employee Retention Tax Credit (ERC or ERTC) of up to $33,000 per employee. Even if a business or nonprofit received pandemic financial aid such as PPP loans, they could still claim credits. MP’s team of HR and payroll experts share how to determine eligibility for this lucrative program and the process for claiming and maximizing funds. Read the eBook to:
-Find out if you are eligible for the program
-Learn what industries are frequently successful in claiming ERCs
-Get tips on what data employers need to claim an ERC
-Find out how we can assist your business in maximizing credits, while streamlining the process
Tips for Prioritizing and Managing Employee Time Off Requests
Vaccination rates are high, COVID cases are lowering, and workplaces are experiencing an unprecedented amount of PTO requests. Employers are managing employee time off requests for reasons like long-delayed family visits and vacations, as well as delayed weddings or family reunions. MP’s HR services team shares tactics that will assist employers in prioritizing the 2021 rush of PTO requests. Read the article to:
• Learn why employers shouldn’t prioritize requests by seniority only
• Find out how to build employee engagement, even when PTO requests must be denied
• Get tips on reducing pushback from employees
Read the article.