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Articles by Business Management Daily
Driven to help organizations and individuals succeed.
Business Management Daily
The tragic mass-murder has led many employers to rethink their
emergency and evacuation plans.
Be aware that insurance companies have been known to refuse to defend a
case if the policyholder doesn’t promptly report an accident or injury. And
courts often agree the carrier had no liability. Best bet: Call your workers’ comp insurer right after an injury or
accident. Let the carrier sort out whether it’s a covered claim.
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Business inspirations come from everywhere. Sometimes, the best ones
come from the youngest people.
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If your company dishes out discretionary
bonuses during the year, it may be paying out more overtime than
necessary.
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The U.S. government’s main survey on wages and benefits, Employer Costs for Employee Compensation, offers a good quarterly snapshot that can help you benchmark your company’s pay and perks. The latest report says employer costs for wages and benefits average $26.86 per hour.
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If you’re like most captains of small businesses, you don’t pay much attention to managing your energy costs. You probably delegate that to an office manager or someone in accounting. What you may not realize is that energy costs often comprise about a third of the average small business’s expenses.
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Are you fully vested in your 401(k) after only four years?
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It’s a little-known detail within some state labor laws, but in California, for example, the issue could end up costing an employer big.
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The Small Business Administration has announced new regulations and measures intended to help small businesses secure more federal government contracts while improving transparency and accountability.
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