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Fast Capital 360 allows you to apply for small business funding online in just minutes, meaning your business could receive funding within one business day!

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Highlights
Best Practices for Implementing Change in an Organization

Hiatt’s ADKAR model is focused on encouraging individuals within a company to adopt and adjust to change, which can in turn lead to positive changes within the organization as a whole. It’s important to instill the value of enhanced communication throughout your team because without a solid foundation based on open and honest communication, your organizational change initiatives will fall short. Your team needs to understand that change and evolution within your organization isn’t something that should happen at specific periods in time. When it’s time for implementing change in your organization, consider these tips to improve upon whichever change management model you choose.

What Is SUI? (Plus Keeping Costs Low)

Your SUI tax would be: 5 employees times $11,800 times 6% = $3,540 Remember, you’re only paying the SUI payroll tax on wages up to the base amount, $11,800 in this case, not the wages in excess of the base. Employees who have voluntarily quit their jobs or were fired for misconduct are not eligible Employees who are laid off will receive unemployment wages until they find new work or reach the end of the benefit period according to the laws of the state. Anytime you let employees get away with violations of company’s policies, you’re giving a terminated employee an excuse to make their case for unemployment benefits and deny any willful misconduct on their part. Unless an employer can provide evidence of employee misconduct, most state unemployment insurance agencies will approve an employee’s application for unemployment benefits.

What Is Business Liability Insurance?

Business liability insurance refers to a number of different types of policies which protect companies and business owners in the event of a lawsuit alleging liability (legal responsibility) for injury, illness or economic loss. General liability insurance is sold under names such as business liability insurance and commercial general liability insurance. For example, a commercial umbrella policy, also called a business owners policy (BOP), may combine general liability and employer liability insurance with worker compensation insurance and commercial auto insurance, or it may increase your coverage limits for these types of insurance. the Right Business Liability Insurance Coverage Business liability insurance encompasses a variety of different forms of coverage, ranging from general protection to specific situations such as product, service or cyber liability.

New Labor Laws You Need to Know About

The new rule raised the earnings threshold necessary to declare executive, administrative and professional employees exempt from the minimum wage and overtime requirements of the Fair Labor Standards Act (FLSA), which sets guidelines affecting full-time and part-time workers in the private and public sectors. The standard salary level to declare executive, administrative and professional employees exempt rose from $455 per week (about $23,3660 a year for full-time employees) to $684 per week (about $35,568 annually) Another set of labor laws, many ushered in 2021, was changes to state and local minimum wage requirements. None Up to 2 weeks (80 hours) of paid sick leave at two-thirds of regular play if unable to work because of a need to care for individuals subject to quarantine or children unable to attend school or child care because of shutdowns •

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