Here are this week’s links to a few good stories that we found and selected because we feel they might add valuable insights and perspectives for small to medium size businesses.
- Oftentimes when a new law is enacted, those affected try to find ways to beat the system. If you are an employer and thought that giving your employees a tax free stipend to buy insurance on an exchange was an effective solution to the requirements of the Affordable Care Act, think again. A new IRS rule bars this practice. To learn more read New Obamacare Rule Bans Employees From “Dumping” Workers on the Exchange written by Kelly Spors and posted by Open Forum.
- The job market continues to improve according to a report released recently. In April, companies added more workers that at any time since October, 2013. Small businesses with fewer than 50 employees added 82,000 in April compared to 70,000 in March. Read Small Businesses Added 82,000 Jobs in April posted by Exabyzness for more details.
- We found an interesting article written by Steve Strauss for USA Today, which sounds a bit like an Ann Landers column for business owners, but is definitely worth a look. Read Ups and downs of being a small business owner and learn from others with whom you may relate.
If you have any questions or would like to learn more about this topic, please reach out to Genesis HR Solutions at AskUs@genesishrsolutions.com or 800-367-8367.
Genesis HR Solutions is the premier PEO provider for Massachusetts based businesses.