2022

Does your business offer prospective employees enticements like signing bonuses or moving expense reimbursement to enhance your recruiting efforts and attract talent during this competitive labor market? If so, you may want to consider protecting yourself with what’s known as a ‘clawback’ provision if things don’t go as planned with a new employee. Adding this provision to your onboarding documents gives you legal recourse to recapture money that the employee shouldn’t be able to keep…

The Employee Retention Credit (ERC) under the CARES Act was created to encourage businesses to keep employees on their payroll during the COVID-19 pandemic. The ERC provided some relief for employers whose businesses were financially affected by COVID-19. Even though the ERC has expired, employers who experienced a significant loss of revenue during the period that the credit was effective may still be eligible to claim it. How does the ERC work? According to IRS…

Remember last year’s “Great Resignation,” when many employees optimistically left their jobs in search of greener pastures? Times have changed a bit, and fewer employees are willing to take the risk of quitting a stable job outright. However, they may be engaging in a trend known as “quiet quitting.” This passive attitude toward work can damage your business, and you want to be able to recognize and address it before it becomes a big problem….