Put Your Handbook Into 20/20 Focus

Blog post from Mark Adams, EANE Director of Human Resource Services Well, 2020 is here.  Can you believe it?  2020 is going to be a bell-weather year on many fronts for employers. MA Handbook Updates For Massachusetts employers, 2020 is the last year before the Massachusetts Paid Family and Medical Leave (PFML) law goes into …

Top 3 Trends to Grow Small Businesses in 2020

Blog post from Allison Ebner, EANE Director of Member Services Welcome to The Jungle . . . For all of you 80’s rock fans, you’ll recognize this song title from one of the biggest rock bands of the decade. But it’s a short phrase that also represents the economic climate for small businesses in 2020 …

Four Executives Added to the EANE Board

The EANE board represents a cross-section of professionals throughout Connecticut, Massachusetts, and Rhode Island who provide certified expertise in the areas of business, human resources, and financial management. “Our board members are leaders in their professions and their experience guides our mission to help employers build engaged, well-managed and low-risk workplaces throughout the Northeast.” EANE …

Retirement Plan Changes in 2020

Contributed by: Catherine Freeman, Mutual of America Group Account Representative As a retirement plan sponsor, you know that keeping up to date on regulatory issues with your organization’s plan is vital. The Bipartisan Budget Act of 2018 allowed for less restrictive rules to hardship withdrawals.  These new rules may greatly impact your employees at a …

Retaining Employees with Employer Tuition Reimbursement

In today’s world of low unemployment and recruiting headaches, employers need to use all of the tools in their tool belt to attract and retain the best talent.  Consider how hard it is to find good applicants for some of the positions that you might be looking for.  What if you were able to grow …

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2020 Minimum Wage Increases

Minimum Wage is going up in many areas of New England – though at different times in 2020. For Massachusetts, the minimum wage increased from $12.00 to $12.75 per hour effective January 1st.  The tipped employee wage also increased from $4.35 to $4.95 per hour. Vermont saw its minimum wage increase from $10.78 per hour …

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Is Your 2020 Affirmative Action Plan Up to Date?

For many government contractors, January marks a time for updating their Affirmative Action Plans (AAP).  While a company is not required to adopt a calendar year for plan administration, many choose to do so because it’s more convenient when it comes to pulling the necessary reports needed in a plan.  However, many HR Professionals inherit …

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New Federal W-4 Forms | Implications for Employers and Payroll Systems

Since the Tax Cuts and Jobs Act of 2017 (TCJA) suspended all personal and dependent exemptions, the proposed Form W-4 no longer features a line for entering a number of allowances. Previously, this figure was based on calculations from the Personal Allowance Worksheet.  The first page is now much more extensive and detailed, with new sections …

Pay Compression | The Big Squeeze!

We receive calls all the time with companies expressing concern about the pay compression they’re experiencing within their organizations.  What is pay compression?  In a nutshell, pay compression is when you find you are paying new hires at, close to or heaven forbid HIGHER than your existing employees.  Often our leadership team simply “wants the …

Would DOL and IRS find Compliance in Your Records?

Have you received that dreaded phone all or letter from the Department of Labor or the IRS? If you’re unprepared for a visit from either (or both) of these government agencies your organization could be facing significant fines. We are all operating under the confines of a heavily regulated employment environment and compliance is fundamental …