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The United States Equal Employment Opportunity Commission received 84,254 discriminatory employment practices complaints last year. In addition to lawsuits filed by private citizens, claims filed by federal, state and city regulators are causing more businesses to purchase Employment Practices Liability Insurance (EPLI).
The Hartford Region is home to the headquarters of most of the leading global players in the insurance sector. The insurance industry generates more than $16 billion in output in the region, employing more than 70,000. Read: Insurance Industry Locations: Shaping The New World Of Insurance at BusinessFacilities.com.
It’s time for employers to begin the process of implementing the provisions of the Affordable Care Act (ACA) which apply to them. Large employers that average 100 or more full-time equivalent employees during 2014 (50 or more during 2015) are required to begin offering health insurance to their workers Jan.
If you, as an employer, have 1099 employees on your staff from time to time, you may be wondering whether you are required to provide health insurance to them. This also means that employers don’t have to withhold income taxes, pay unemployment taxes, or withhold and pay Medicare and Social Security taxes.
No construction firm is immune to employee dishonesty or crime losses. While crime exposures for some businesses can be measured and quantified by the amount of cash or other valuables on hand, employee fidelity claims in the construction industry and the losses arising out of such acts can be difficult to identify or quantify.
The company appealed and the matter was heard by a hearing officer for the state Board of Industrial Insurance Appeals. A compliance officer for the state Division of Occupational Safety and Health cited G4S, the company that employed the guard, for failing to require the use of necessary personal protective equipment, namely body armor.
Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. 13) Business insurance. Businesses are significant investments, so you’ll need to get them insured to protect them from financial losses. Labor costs. Utility bills.
Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.
Companies can refer to their insurance carriers and agents or broker partners who employ consultants specializing in worker safety and injury prevention. There are numerous resources to help construction companies prevent workers’ compensation claims.
Dave notes that “the true expertise of staffing companies is their ability to find qualified people and match them to a particular employer’s open positions.”. Here are some tips for dealing with these kinds of situations: 1) Ensure you have a detailed contract outlining the responsibilities of each company in great detail.
But how the bill will affect people insured by their employer or who purchase health insurance on their own remains a mystery in my opinion. I could never really figure out how healthcare and employment got all wrapped together. So the short answer is, I don’t know. And most people are not.
There are several "easy questions about hiring that any legitimate employer will be able to answer" to avoid the fate of Salvador Almonte Jr., who allegedly cheated his workers out of $1 million in workers' comp insurance premiums, an attorney told Construction Dive.
As we head into 2013 and the third year of the Patient Protection and Affordable Care Act (PPACA), construction business owners need to be aware of the additional fees that will be assessed on insurers and employers that provide self-insured plans.
Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan. Final Thoughts.
Despite being one of the leading employment sectors in many countries, the construction industry is one of the most dangerous sectors. As an employer, you should ensure that your construction site offers maximum safety and security standards to its workers. Providing adequate safety gear. For instance, the U.S.
Ontario Employers Face January 2014 Training Deadline. A new regulation requiring all Ontario employers to train their workers in the concepts of supervisor or employee health and safety awareness is expected to be filed by July 1, 2013 and to come into force on January 1, 2014. Hazard recognition. Right to be informed of hazards.
The General Contractors Association of New York said the state's law, which makes employers and owners 100% liable for falls, significantly increases insurance costs.
Navigating the insurance requirements for construction projects can be daunting. Insurance plays a crucial role in managing risks and ensuring the successful completion of any construction project. For more details on CGL insurance, visit Construction Coverage. Explore Stonemark’s insights on project-specific insurance.
These include expenses like payroll taxes, benefits, insurance, and other indirect costs understanding labor burden. Key Components of Labor Burden Payroll Taxes : These include federal, state, and local taxes that employers must pay on employee wages exploring payroll burden. What is Burden Rate in Construction?
Employment law issues (employment contracts and policies, intellectual property, hiring and firing). Financial matters (bank accounts, taxation, insurance, collections). Business contracts and agreements. Marketing, advertising, and social media. Protecting data and intellectual property. Corporate record-keeping and compliance.
Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. What is plumber’s insurance? Worker injury.
introduced a last minute amendment to the Senate Health Care Bill that requires small employers (with 5 or more employees) in the construction industry (and only the construction industry) to provide health insurance to their workforce. Senator Jeff Merkley (D. Merry Christmas and Happy Holidays. We will think of something.
It is known for construction site staff to steal equipment while on the job, which is why keeping detailed logs of who has each item can help you to spot and protect yourself against potential theft, which you might need to make an insurance claim for down the line. Strong Security Doors And Gates.
New OSHA recordkeeping rules that went into effect this year are creating confusion among employers about the definition of an amputation and how to quickly determine if an incident that occurred after work hours is actually work-related, according to an article in Business Insurance magazine.
OSHA’s new, misguided requirement for detailed electronic reporting of injury and illness data by employers has come under legal challenge by a coalition of trade associations, employers and an insurance company. OSHA contends that such programs may encourage the under-reporting of illnesses and injuries.
Hawaii Updates Unemployment Insurance Poster for 2013. Hawaii’s Unemployment Insurance Law Notice to Employees has been updated to include e-mail addresses and the online filing process at Hawaii’s unemployment insurance website.
The latest in our Guides to Construction Law series comes from Jessica Tierney of DLA Piper who looks at the key types of insurance cover widely used in the industry. This story is only available to subscribers to the printed edition of Construction Law. If you have a subscription please log in to read the rest of the story.
Office workers value flexible working options more than any other employment benefit, but there are crucial differences between what men and women want from their employer according to new research released from Ambius , the leading experts in interior landscaping.
It’s important to make it clear that as an employer you want them there and that you’re invested in them as an employee and as a person. Health insurance benefits. Make sure your workers know about all the benefits that come with their employer-sponsored health insurance. Company newsletters.
OSHA reminds employers to post injury and illness summaries. Employers that are required to record work-related injuries and illnesses and haven’t posted their summary of those records yet could be cited by the Occupational Safety and Health Administration for failing to meet their responsibilities as an employer.
This is your insurance policy should you experience an unexpected employment transition and need to reach your contacts, or more importantly that they know how to reach you! You can switch the primary address at any time and continue to receive all LinkedIn correspondence as well as send out email.
Using a staffing company can help employers lower workers' compensation risk while still meeting project workload demands and customer deadlines. A staffing arrangement places "temporary employees" with a "host employer" client, who, along with the staffing agency, is responsible for creating a safe work environment. Jobsite Safety.
Now some employers are considering increasing health insurance contribution costs for workers who chose not to get the ?COVID-19 Employees who smoke have the potential to drive higher costs to the employer's health plan, as do unvaccinated employees, or so the thinking goes. COVID-19 vaccine.
Ontario Employers Face January 2014 Training Deadline. A new regulation requiring all Ontario employers to train their workers in the concepts of supervisor or employee health and safety awareness is expected to be filed by July 1, 2013 and to come into force on January 1, 2014. Hazard recognition. Right to be informed of hazards.
INSURANCE |. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. or higher, then it might be time to consider implementing a comprehensive safety plan to try and reduce your workers compensation insurance costs. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |.
Through today, July 6th, JBKnowledge is conducting the annual survey again, and we hope you’ll consider participating. JBKnowledge is headquartered in Bryan/College Station, TX, and serves construction clients on an international basis.
” and fail to make the case to themselves or their employers. The CFMA conference lunches, networking and social activities provide time for mini consultations with speakers, exhibitors, CPAs, and Insurance experts from across the country. They ask themselves “What’s in it for me?” Let’s change that now.
OSHA reminds employers to post injury and illness summaries. Employers who haven’t posted their injury/illness summaries could be cited by the Occupational Safety and Health Administration for failing to meet their responsibilities as an employer. Insurance Carriers. Insurance Agents, Brokers, and Services.
It focuses on professional indemnity insurance issues. It assists the employer in defining what is required from each team member, monitors their progress, validates data entry, and records who has done what and when. The employer should define what is required from the design and construction teams. CIC BIM Protocol.
Wearable technology, virtual reality, and augmented reality will likely change workplace risk management, according to an article in Risk and Insurance. These technologies will soon allow employers to use VR, for example, to review the physiological limits of a task before sending a live human to…
HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?
You need to know that their state contractor's license, bond, and insurance are active. During audits, state agencies are now looking to check the bond and insurance. As an employer among your responsibilities are these: Pay workers’ compensation. When you hire 1099 contractors. Meet wage and hour requirements.
. -- The Associated General Contractors of America is planning to launch a new private insurance exchange in cooperation with Willis North America, association officials announced. This new exchange will make it far easier for member firms to provide top quality health insurance and related benefits for their employees,” said Stephen E.
The principal contractor (also referred to as the prime or general contractor) is responsible for the full compliance of all employers (the contractor, subcontractors and any lower-tier subcontractors) with the labor standards provisions applicable to the project. RESPONSIBILITY OF THE PRINCIPAL CONTRACTOR. – Pre-apprentice.
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