Business Insights

How to Manage Job Stress for a Healthier Life

How to Manage Job Stress for a Healthier Life

Job stress is a fact of life. Whether you love your job or aren’t so happy with it, all jobs create some degree of stress, at least periodically. While it’s rarely possible to eliminate job stress completely, there are many things you can do to help reduce and manage the amount of stress you deal with every day on the job. Unmanaged job stress is a common health complaint, and work is often ranked as a higher stressor than financial troubles and family problems, according to the National Institute of... Read More

Are You Helping Employees to Avoid Distracted Driving?

Are You Helping Employees to Avoid Distracted Driving

Every day, more than 1,160 people are injured in crashes involving a distracted driver, according to the National Highway Traffic Safety Administration (NHTSA). In addition, the NHTSA claims that driver inattention is the leading contributor in most crashes or near-miss accidents in the United States. One of the chief causes of driver inattention is cellphone use. Cellphone use has become commonplace, and text messaging, emailing and conducting business via cellphone have become routine. While the convenience of cellphones can be enormous, problems arise when using a one while driving. A... Read More

Business Owner’s Policy–What Every Small Business Owner Needs to Know About Insurance

Business Owner's Policy--What Every Small Business Owner Needs to Know About Insurance

One of the critical needs for every business owner is choosing the right business insurance. Too much insurance means money spent that could have been better spent elsewhere. Too little insurance, or the wrong insurance coverage, can mean leaving your business unprotected and open to risk. Choosing appropriate insurance coverage is key to ensuring that the business remains lucrative, especially if any of those risks become reality. A business owners policy (BOP) takes some of the guesswork out of choosing insurance and can make it easier to safeguard your business.... Read More

Your Top 10 Ways to Save For Retirement Now

Your Top 10 Ways to Save For Retirement Now

No matter what age you are, if you haven’t already started saving for your retirement years, now is the time to start. If you’re young, you have the savings advantage of time. Saving for retirement may seem like a strain on your budget right now, but you can start small and grow. Even setting aside a small portion of your paycheck each month will pay off in big dollars later. By starting young, you also can afford to invest more aggressively since you have years to overcome the inevitable ups... Read More

What You Need to Know About Credit Reports

What You Need to Know About Credit Reports

Have you ever applied for a credit card? How about a car loan, a mortgage or a personal loan? If you have then you have provided personal and financial information that is used to create a file about you called a credit report. Credit reports include information about where you live, where you work, whether you have ever been sued, arrested, or filed for bankruptcy. They also include information about how you pay your bills and a history of money you have borrowed and whether you have repaid it. This... Read More

5 Bonus Benefits of Workplace Wellness Programs

5 Bonus Benefits of a Workplace Wellness Program

Workplace wellness programs have become increasingly popular in recent years. It is well known that workplace wellness programs can help lower workers’ compensation costs. But there are also other benefits of these programs that can benefit both employees and employers. Great workplace wellness programs include more than just safety initiatives. Not only can these programs help reduce work-related injuries and possibly lower work comp costs, but a well-executed program can also help increase employee morale, lead to better health, and improve quality of life—both at work and away—for all participants.... Read More

6 Most Overlooked Tax Deductions for Small Business

6 Most Overlooked Tax Deductions for Small Business

It’s tax time, and one thing is certain. We all want to pay as little as possible in taxes and maximize our tax deductions. Most business owners are familiar with all of the standard business deductions, but there are a few deductions that are often missed. Before filing your tax returns this year, make sure you and your accountant have not missed any of these most overlooked tax deductions if you are eligible for any of them.   Social Security Taxes If you’re self-employed, you are required to pay the... Read More

Workers’ Compensation in Colorado: What You Need to Know

Workers' Compensation in Colorado What You Need to Know

Workers’ Compensation insurance is an insurance system that provides medical benefits and monetary compensation to assist employees who become injured or ill as a result of their jobs. The Workers’ Compensation Act of Colorado (WCAC) defines employer responsibilities for the state’s workers’ compensation program. Compliance with this act is monitored by the Division of Workers’ Compensation (DWC), part of the Colorado Department of Labor and Employment. One of the purposes of the workers’ compensation system is to reduce the risk of litigation when work-related injuries and illnesses result in employee... Read More

Workplace Safety Needs to Address More than Accidents

Workplace Safety Needs to Address More than Accidents

Workplace injuries are a significant risk for any business. They can lead to lost productivity, costly medical bills and increased insurance premiums. While most businesses have protocols and programs in place to help reduce workplace accidents, but there is another type of workplace injury that may be just as costly as accidents, if not addressed. Work-related musculoskeletal disorders (WMSDs) are not injuries caused by accidents, but instead from job conditions or activities that lead to or contribute to these conditions. Workplace safety programs need to address more than accidents and... Read More

New Standards Announced for Employing Unpaid Interns

New Standards Announced for Employing Unpaid Interns

The payment of interns has been a much-debated and often-confusing topic recently. The standards for determining whether internships needed to be paid or unpaid have undergone some major changes over the last several years, and have left many employers—and interns—confused about employing unpaid interns. To clarify the situation, the U.S. Department of Labor (DOL) announced on January 5, 2018, that it would adopt a new standard for determining whether interns and students are “employees” who must be paid under the Fair Labor Standards Act (FLSA). The DOL clarified that, going... Read More