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SEP IRA

HR Insight: What is a SEP IRA?

 HR Insight: What is a SEP IRA? 940 788 LaDonna Kearney

A SEP IRA offers employers and their employees a tax-friendly way to save for retirement. As it currently stands, with a traditional IRA you can contribute $6,500. This is a decent amount of money. However, with a SEP IRA you can place nearly 10 times that amount in your account during the current tax year.…

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Overqualified

HR Insight: Overqualified Employees

 HR Insight: Overqualified Employees 940 788 LaDonna Kearney

Hiring Overqualified Employees Can Raise Your Game Why hire the overqualified? Here are two important questions. Why should an overly accomplished candidate want to work for you, knowing that the position may represent a step down from their expected level? On the other side of the coin, why stick your neck out to hire them…

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Employee complaints

HR Insight: Employee Complaints

 HR Insight: Employee Complaints 940 788 LaDonna Kearney

4 Common Types of Employee Complaints Whenever employee complaints are filed with the HR department, the issues at hand should be taken seriously. Failure to properly address the matter, whether intentional or not, can result in the employee feeling demoralized. Employees who do not feel heard may turn to the internet or media outlets and…

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401(k)

HR Insight: How to Avoid 401(k) Compliance Mistakes

 HR Insight: How to Avoid 401(k) Compliance Mistakes 940 788 LaDonna Kearney

Avoid 401(k) Compliance Mistakes As an employer, one of your main goals should be keeping your employees happy. And you can keep your employees happy without losing favorable 401(k) tax benefits, paying penalties or facing liabilities. In the process, don’t forget to take the changes caused by the SECURE 2.0 Act into consideration, namely in…

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Remote Employees

HR Insight: 3 Tips for Keeping Your Remote Employees Engaged

 HR Insight: 3 Tips for Keeping Your Remote Employees Engaged 940 788 LaDonna Kearney

3 Tips for Keeping Your Remote Employees Engaged The COVID-19 pandemic has transformed remote work and created a new understanding of today’s “normal.” Multiple studies reveal that employees are reluctant to return to the office, and employers have responded by offering both fully remote and hybrid work solutions. Notably, a 2021 PwC study stated that…

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