Companies may find that hiring executives in today’s economy is more difficult based on a lower labor participation rate combined with low unemployment. The factors support the contention that companies must increase their scope of networking techniques and further concentrate on determining the talent level of those candidates who apply. Although not difficult to identify the unemployed, the true skill is in determining if candidates are a fatality of downsizing efforts or if there are serious performance difficulties.
According to WageAccess, the Michigan Chamber’s Salary and Benefits Survey, Michigan employers are projecting that they will pay an average 2.7% of payroll for merit increases for 2014. This is a significant improvement over the reported 2013 budgeted merit increase average of 2.3%. What is even more interesting is, although Michigan employers budgeted for only 2.3% for merit increases in 2013, they actually paid an average 2.6% in merit increase pay to their employees last year.
Don’t you wish that were true? For the next major federal or state election, let’s support a candidate who will make the elimination of PowerPoint a plank in his or her campaign platform. In the meantime, if you plan to use PowerPoint, you can do it more effectively by trying these eight tips:
Small Michigan manufacturer pays out $50,000 to settle a harassment complaint filed with a government agency. No handbook. No training. Bad behavior. No investigation. No defense, so write the check. How often does this happen? Not often, but isn’t once still too often? What about lost productivity, the rumors, and even the bad press? The distraction from the core business? The distrust amongst those who would otherwise prefer to be teammates? These always cost more than any fine.
When bad behavior occurs, is an employer without defense? Not at all; you can be prepared.
Every day you read or hear another story about ID theft. You also see and hear all the commercials for services that claim they will protect you. Regardless of what you believe and/or purchase, you cannot protect yourself 100%. When it comes to the employment process, you can learn if an applicant may be involved in some type of ID theft issue.
A great deal of work is obviously required to adequately screen job applicants. In the course of conducting these investigations, it is important for employers to avoid additional problems by asking the wrong questions or giving out improper or inaccurate information to the applicant.
On May 27, 2014, Governor Snyder signed legislation increasing the state's minimum wage in stages to $9.25 per hour by 2018. The Michigan minimum wage labor law poster will be revised to reflect the increases, and all Michigan employers will be required to post the new version.
A recent survey by the Society of Human Resource Management (SHRM) estimates that only 40 percent of employers surveyed have adopted a social media policy. Yet the social media websites of Facebook, MySpace, YouTube, and Twitter are four of the five most universally blocked websites. Considerable thought and care must be given to adopting a broadly inclusive computer and social media policy.
Employers fund the “unemployment system” by paying Federal and State unemployment payroll tax. Federal tax provides the operating and administrative funds for each respective state agency. Federal guidelines set minimal benefit standards and maintain oversight of each individual state unemployment program. In each state of business, an employer maintains a separate and specific tax account. They pay monies into this account in the form of taxes. Former employees, or claimants, draw monies out of this account in the form of unemployment benefits.
Many employers misclassify employees as independent contractors, not understanding the huge liability this presents for their company. Take a look at the basic definitions to see if you’re classifying correctly!