Posts by Thomas Rock Lindsay

Learn the steps to calculating ALE status under the ACA. The ACA requires applicable large employers (or ALEs) to offer health insurance that has certain “minimum essential benefits” (also referred to as minimum essential coverage) to at least 95% of their full-time employees. The insurance must provide “minimum value” and the premium must be “affordable”.…

As a small employer (definition applies) you do not have to comply with the ACA. However, you can still take advantage of the ACA to help your employees buy coverage.  The Patient Protection and Affordable Care Act, the PPACA, the ACA, Obamacare – however you recognize it, whatever you call it. It has been 6…

Are you calculating your nonexempt employees work hours correctly? You are required to pay your nonexempt employees for all time worked. Seams easy enough, but there a nuances you need to know to be compliant. If your employee is required to be working, be available to work or is being permitted to work – at either your premises…

FLSA requires the payment of overtime to nonexempt employees. The FLSA requires you to pay overtime wages at the rate of one and one half times the regular rate of pay to nonexempt employees who work more than 40 hours in a week. In order to calculate the overtime due you have to know these…

Do you know which positions qualify as exempt from overtime? The Fair Labor Standards Act, or FLSA, is the body of law that establishes The minimum wage Overtime pay Recordkeeping Child labor standards Exempt and nonexempt refers to which employees you are required to pay overtime wages to. You have to pay overtime to a…

Delegation is vital to the success of your business. In episode 15 we talked about the first 5 pitfalls and today we’ll finish them off. 6. Not buying the right business insurance: Get an agent who specializes in your industry. Get an agent who is a Chartered Property Casualty Underwriter (“CPCU”). Only about 4% of…

Don’t let the day-to-day noise distract you from what’s important. Here are the first 5 of the 10 small business pitfalls you should avoid. 1. Screwing up on payroll taxes If you don’t have the time or the experience then outsource your payroll to a reputable payroll service provider. 2. Misclassifying workers as independent contractors…

What’s the latest trend in minimum wage? There are significant changes in the minimum wage at both the state and local level in 2016. Fast Facts Minimum wage was established 1938 as part of the Fair Labor Standards Act (FLSA). Back then, the rate was 25 cents an hour. The last minimum wage increase occurred in 2007.…

Recruiting made easy! The hiring process is complicated. There are many steps along the way. Everything from defining the position to on-boarding the new hire, and when you are in a hurry, or desperate for help, you get sloppy. Don’t skip critical steps and settle for the wrong person. Purchase an applicant tracking system, or “ATS”. ATS system features Creating…