Should You Add Employee Benefits Liability Coverage?
As a business owner, providing comprehensive benefits packages is essential to attracting and retaining top talent. Employee benefits support your employees’ financial security and well-being, fostering trust and commitment to your organization. However, even with the best intentions, errors in benefits administration can occur. These mistakes can lead to financial losses, strained employee relationships, and even legal claims. That’s where Employee Benefits Liability (EBL) coverage becomes invaluable, protecting your business and employees from the unexpected consequences of administrative errors.
Benefits of Hiring a PEO for Restaurants
Running a restaurant is a rewarding yet demanding business. From managing inventory and staff to ensuring customer satisfaction, restaurant owners juggle countless responsibilities every day. Amidst these challenges, managing administrative tasks like payroll, employee benefits, and workers’ compensation can often feel overwhelming and time-consuming. That’s where a PEO for restaurants can make a substantial difference. By outsourcing these critical business functions to a Professional Employer Organization (PEO), restaurant owners can focus on what they do best: running their business and serving customers.
Payroll Trends for 2025: What to Look Out For
As we look ahead to 2025, the payroll landscape continues to evolve rapidly with new technologies, changing workforce dynamics, and evolving regulations. For small and medium-sized businesses, staying ahead of these trends isn’t just about compliance. It’s both about maintaining competitiveness and cost-efficiency in an increasingly complex business environment.
How to Create Your Small Business PTO Strategy: A Complete Guide
Whether you’re a growing startup or an established local business in the Southeast, creating an effective small business PTO strategy doesn’t have to be overwhelming. With proper planning and clear guidelines, you can develop a policy that serves both your business needs and your employees’ well-being.
Employee Benefits Survey Template
Benefits are often described according to their monetary value to the employee, but the problem with describing benefits in this way is that many benefits are worth more to some employees than others. Especially for smaller businesses, offering benefits that are higher value to your specific employees will help earn the most rapport from your employees.
Best Employee Benefits for Small Businesses
Benefits are routinely one of the most cited reasons for staying at a company. While salary is also a critical factor, benefits can often sway employees more than small changes in their salary. As a result, reviewing your benefit offerings and finding creative ways to offer more to your employees can help attract and retain top talent in your field.
Why Offer Employee Benefits?
Employee benefits are no longer just a perk or an added bonus to employees, but has become a strategic necessity. Prospective employees are no longer just looking at the salary offer but are evaluating the benefits and how they contribute or take away from the company, highly influencing their response to the job offer. Companies […]
Cybersecurity Tips for Small Businesses
With the rise of the internet, having near-immediate access to information has never been easier. Nowadays, most businesses rely on digital technology in order to work as efficiently as possible, and this is especially important for small businesses. However, the internet isn’t always used as a tool for good; it can also pose risks to […]
5 Essentials for Workplace Mental Health and Wellbeing
Awareness of the importance of mental health continues to grow. The corporate world is no exception; businesses seek to develop programs that foster their employees’ well-being by providing a healthy, positive work environment. If you are looking for ways to support your company’s health, here are 5 essentials for workplace mental health and wellbeing. 1. […]
Hurricane Safety Tips Before During and After
The American South is known for many things, including delicious cuisine, vibrant music, and local hospitality. However, another quintessential part of Southern life is the risk of hurricanes. If you are seeking ways to protect your company from storms, Canal HR is here to provide hurricane safety tips before during and after storms, guaranteeing your […]
What are the Safety Precautions for a Hurricane?
For those living in the South, inclement weather—especially hurricanes—can pose a risk to locals. Louisiana is particularly at risk. Given the state’s proximity to the Gulf of Mexico and the Atlantic Ocean, those who call Louisiana home must be prepared for tropical storms’ impact from June to November. If you are a business owner, you […]
Mastering Payroll Compliance Amid New Overtime Pay Law with Canal HR
As the landscape of labor laws continues to evolve and shift, the latest update to federal overtime rules stands out as a significant change for businesses nationwide. Effective July 1, 2024, the Department of Labor’s new overtime pay law will increase the salary thresholds that determine overtime eligibility for salaried workers. This update is aimed […]
