What is Risk Management?What is section 125?What is records retention?What is sexual harassment?What is ADA?
Risk management involves a number of important considerations. The objective of risk management is to conserve the physical assets of the business using techniques and procedures that do not necessarily include purchasing more insurance. The first step is to identify all the potential exposures a business faces. Exposures could include being sued by a former…Read more
Section 125 was regulated by both the Department of Labor (DOL) and the Internal Revenue Service (IRS), allows employees to contribute premiums for medical coverage on a pre-tax basis. Commonly referred to as a "Cafeteria Plan," Section 125's can produce huge fines and tax penalties becoming a major liability if not installed and maintained properly.Read more
Federal record keeping requirements are extensive and often repetitive, but it is not simply an onerous unimportant task. In the case of an employee complaint or lawsuit, good records are your best defense. An employer must be able to answer common questions like, "Which records?" and "For how long?"Read more
Sexual harassment occurs in a workplace, or other professional or social situation. It involves making unwanted sexual advances or obscene remarks to an individual. This is a genuine concern of employers. Sexual harassment has become one of the most widely publicized issues in the workplace today. No business is immune to sexual harassment charges.Read more
The American's with Disabilities Act makes it illegal for employers to discriminate against people with disabilities in regards to any and all employment practices. With one out of every six Americans having a disability, a businesses risk is great in this area.Read more