HCM Blog

A growth hacker’s guide to effective, compliant workforce management

How to Use the FICA Tip Credit to Avoid Employer Taxes on Tips

How to Use the FICA Tip Credit to Avoid Employer Taxes on Tips

Employers are legally required to pay the Federal Insurance Contributions Act (FICA) on employee wages and tips. Fortunately, the FICA tip credit can help you decrease your company’s tax burden. By carefully tracking wages throughout the year, you can help your...

Big Impact for Small Businesses: Strategic People Management

Big Impact for Small Businesses: Strategic People Management

Create a competitive advantage with an informed, engaged and recognized workforce. In today's competitive marketplace, running a small business isn't just about keeping the lights on and meeting deadlines. It's about building a team that's not only capable but also...

What Should You Consider When Selecting Leadership Training Options?

What Should You Consider When Selecting Leadership Training Options?

If you don’t provide your workers with leadership and development opportunities, they will look for these opportunities somewhere else. As an employer, this means it’s incredibly important to provide leadership training to your workers. From offering tuition...

9 Best Practices for Employee Recognition Programs

9 Best Practices for Employee Recognition Programs

Employee recognition can help you achieve a happier, more productive workforce. By implementing an employee recognition program in your small business, you can ensure your workers feel valued and motivate them to achieve their performance goals. While recognition can...

Little Known Employer Tax Credits: WOTC, R&D, And So Much More

Little Known Employer Tax Credits: WOTC, R&D, And So Much More

“Just because you're a small business doesn't mean you can't take advantage of the same things that you see these larger corporations are taking advantage of.” In episode #102 of Mission to Grow, the Asure podcast that serves as small business owners' guide to cash,...

2024 HR Benchmark Report: Key Insights for Small Businesses

2024 HR Benchmark Report: Key Insights for Small Businesses

We are excited to announce the release of the 2024 HR Benchmark Report, an essential guide for small and medium-sized businesses (SMBs) looking to leverage human resources (HR) best practices to drive growth and success. This comprehensive report, based on our latest...

Can Small Businesses Get R&D Credits?

Can Small Businesses Get R&D Credits?

If you are trying to lower your tax burden, the Research and Development (R&D) tax credit can help. This popular employer tax credit can reduce your payroll tax burden. Even if you don’t need the payroll credit this year, you can carry it forward for up to 20...

How a WOTC Certification Request Works

How a WOTC Certification Request Works

The government originally designed the Work Opportunity Tax Credit (WOTC) to help workers get jobs. The employer tax credit was specifically intended to target employees who traditionally struggle to get hired. For small businesses, WOTC is an opportunity to get a tax...

The Top 10 Tips for Managing Small Business Finances and Cash Flow

The Top 10 Tips for Managing Small Business Finances and Cash Flow

Managing finances and maintaining healthy cash flow are perennial challenges for small business owners. In an economic landscape marked by uncertainty and fluctuating market conditions, small businesses often find themselves navigating tight financial constraints....

The 9 Most Common COBRA Mistakes

The 9 Most Common COBRA Mistakes

If you have at least 20 employees, you will most likely need to send out a COBRA notification at some point. COBRA is a legal act that was signed into law by President Ronald Reagan in 1985. The goal of the act was to provide employees with group health benefits if...

The Impact of New FLSA Overtime Regulations on Employers

The Impact of New FLSA Overtime Regulations on Employers

On April 6, 2024, the Department of Labor (DOL) released a final ruling under the Fair Labor Standards Act (FLSA) about overtime regulations for exempt workers. While the regulation still has to undergo a comment period and potential lawsuits, it looks like these...

Is COBRA Required for Small Businesses?

Is COBRA Required for Small Businesses?

What benefits must be covered under COBRA? More importantly, is COBRA required for small businesses?  The Consolidated Omnibus Budget Reconciliation Act (COBRA) was signed into law by President Ronald Regan in 1985. While it has been almost 40 years since this act was...

HR Compliance Update | May 21, 2024

HR Compliance Update | May 21, 2024

FEDERAL UPDATES Federal Contractors: AAP Certification Reminder - Certification in the OFCCP portal is due by July 1, 2024. AI Guidance - As required by President Biden’s Executive Order 14110, OFCCP released new guidance for the use of artificial intelligence by...

Decoding COBRA Compliance, Coverage & Risk Mitigation

Decoding COBRA Compliance, Coverage & Risk Mitigation

“COBRA is not the actual insurance, COBRA is the continuation of those rich group plans that you had.” In episode #101 of Mission to Grow, the Asure podcast that serves as small business owners' guide to cash, compliance and the War for Talent, Operations Manager,...

Addressing the Accounting Shortage: Challenges & Solutions

Addressing the Accounting Shortage: Challenges & Solutions

In the intricate world of finance, where numbers wield tremendous power, the role of accountants is indispensable. However, the accounting profession is currently facing a significant challenge: a staffing shortage that has been steadily growing over the past few...

How to Communicate New FLSA Overtime Regulations to Employees

How to Communicate New FLSA Overtime Regulations to Employees

On April 23, 2024, the Department of Labor (DOL) released a final rule that updated Fair Labor Standards Act (FLSA) salaries for overtime-exempt workers. The new changes will occur in a two-step progression.  In July, employers must start paying overtime-exempt...

Unlock your growth potential

Talk with one of experts to explore how Asure can help you reduce administrative burdens and focus on growth.