Recovering After the Capital One Crisis: What Employers Need to Know About Cyber Security

Data breaches are on the rise – here is what employers need to know

Cyber SecurityThe data breach at Capital One is a global security crisis that has impacted millions of people. Sadly, breaches like these are only becoming more common, and employers have a responsibility to protect their employees and their clients.

It is estimated that phishing scams costs the United States half a billion dollars each year. From direct deposit scams to fraudulent PDF files, there has been a shocking rise in these email phishing scams. Indeed, Microsoft’s Security team reports that these malicious phishing emails have increased by a whopping 250 percent.

So, what do employers and employees need to know in order to protect themselves from these scams?

First, it’s crucial that you educate everyone on your team about phishing scams and how to make safer choices online.

“It’s important to understand that it is not enough to simply be aware and cautious when it comes to your own online behavior,” says Rob Wilson, President of Employco USA and human resources expert. “Your entire company can be negatively impacted across the board if just one employee gives up access to your Office 365 account or similar program. Once the phisher has that foothold, they can access an entire wealth of information, and they can then use this position of power to gain access to more info and phish other people on your team.”

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Podcast: The Top Five Payroll Pitfalls

Rob, Scott, and Jason with special guest Gerri LeCompte (Vice President of Payroll Services) discuss the top five payroll pitfalls; from late filings and tax deposits to staying compliant with changing regulations, voiding and reissuing adjustment payments, incorrect taxation of earnings, and more.

Running payroll is complicated. Small business owners, looking to control costs, occasionally decide to run payroll themselves. But even small errors can result in large fines and penalties, in addition to your time and effort to correct it. Employco can help alleviate the pitfalls associated with payroll, contact us today to see how we can help.

Payroll Pitfalls

Contact us with any questions you may have, we’re here to help: hr@employco.com

Billions of Dollars in Burnout: “Sunday Night Dread” Speaks to a Costly Employment Issue

Employment trends expert discusses new research on employee burnout

Employee BurnoutA new study has found that ‘burnout’ costs the healthcare industry $4.6 billion a year. Another recent study found that nearly half of firefighters grapple with burnout which is linked with sleep issues and mental health concerns.

“Burnout is a common denominator across every industry,” says Rob Wilson, employment expert and President of Employco USA. “And research shows that workplace dread spikes around Sunday night, with workers experiencing extreme stress related to returning to the workplace on Monday morning. Millennials are hardest hit by this Sunday night dread, and a full quarter of them say that they experience mental burnout each day.”

Preventing employee burnout is important for a company’s bottom line, says Wilson.

“One million workers skip work each day due to the physical and emotional stress of employee burnout,” says Wilson. “It is estimated that employee burnout costs employers nearly $300 billion annually. So while some employers may balk at encouraging employees to enjoy their job, it could be a crucial part of your business’s success and longevity.”

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Why Won’t the Aviary Fire Employee Who Assaulted Eric Trump?

Human resources expert offers commentary on the crime and the upscale lounges slow reaction

The AviaryAs the country continues to process the news that Eric Trump was spit on at The Aviary in Chicago, the upscale cocktail bar has released a statement regarding the incident. The statement reveals that the employee is on leave, but says they will not comment further about any internal H.R. matters at this time.

Chicago-based human resources expert, Rob Wilson, says this is a big mistake.

“When an assault has been committed, especially an assault which occurred in public with several witnesses, the only recourse a company should take is termination,” says Wilson, President of Employco USA. “Regardless of your politics, this is a crime, and right now The Aviary seems to be trying to appease everyone by opting to play the waiting game.”

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Illinois Says Yes to Recreational Weed: But What Does This Mean for Employers?

Human resources expert weighs in on this important ruling & how it will impact the workplace

IllinoisIllinois lawmakers made a historic decision when they voted to legalize recreational marijuana use last Friday. The House of Representatives voted 66-47 to allow possession and sales beginning Jan. 1, 2020. But how will this decision impact employers and the workplace?

“Your ability to monitor drug use among your employees is going to depend on whether or not you are a unionized or private workplace,” says Rob Wilson, President of Employco USA (a national employment-solutions firm based in Chicago, IL) and human resources expert. “While you have the right to expect and require sobriety from workers on the job, it can become a bit tricky when you suspect drug use and want to act on your fears.”

Wilson says that if you work in a non-unionized environment, you should ask a supervisor or human resources team member to help you determine if an employee is under the influence of marijuana.

“If your suspicions are backed up by other leaders in your company, you can discipline and even terminate your employee,” says Wilson.

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Bringing Performance Reviews into the Millennium

Employment trends expert explains why most companies fail miserably at performance reviews  

Performance ReviewsStatistics show that 95 percent of managers are dissatisfied with their company’s performance review process, and 42 percent of employees agree that performance reviews are ineffective. So how can companies better review and maintain their staff’s performance?

“Performance reviews have never been more important,” says Rob Wilson, President of Employco USA and human resources expert. “We know that 91 percent of millennials are going to stay at their current positions 3 years or less. Recruiting and training employees is expensive, and your company loses something every time another employee cuts ranks. A strong performance review system can help you to maintain your staff and ensure that you don’t lose employees due to ineffective management.”

Indeed, Wilson says that 79 percent of employees leave their job due to feeling unappreciated by their managers.

“Performance reviews can benefit both workers and their employers,” says Wilson. “It lets employees see that their work is not invisible and that their efforts are seen and valued by their higher-ups. And, it helps managers to pinpoint potentially problematic behavior and ensure that goals are being met.”

Wilson says that companies need to realize that training managers for these performance reviews, or hiring an employment-solutions firm like Employco USA to handle such measures, is an absolute must.

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Paid Family Leave Debate Heats Up

Employment expert discusses pending family leave proposals

Paid Family LeaveMany large employers are starting to consider offering their employees paid family leave, but currently only 17% of workers have access to paid leave. Senator Marco Rubio (R-Florida) is seeking to ease this burden on American families by co-sponsoring a bill which would allow new parents to borrow from their Social Security benefits in order to take time off work.

“Paid family leave has stalled in Congress for years, despite the fact that surveys show that most Americans widely support paid family leave for mothers and even fathers,” says Rob Wilson, employment expert and President of Employco USA, a national employment-solutions firm with clients across the country.

Rubio’s bill would allow new moms and dads to borrow against their Social Security for up to 3 months of retirement benefits, whether they adopted or birthed a child.

“Rubio’s plan would not put any additional burden on taxpayers, and it has received support from both sides of the aisle,” says Wilson, “But it has not gone without criticism. Since the Social Security system is already so overburdened, many Americans fear that this is a plan that will fall apart quickly.”

President Trump has also stated that he supports paid family leave, and promised his 2020 fiscal plan would include up to 6 weeks of paid leave for new parents as well as improved childcare programs.

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Upcoming Changes to EEO-1 Report Spells Headaches for Companies

Employment solutions expert explains how employers can prepare for these changes

EEOImportant changes are afoot for the Employer Information Report EEO-1 (EEO-1 Report). Employers with 100 employees or more must file this report each year, but this year the EEO-1 will be more complicated than in the past.

“The Equal Employment Opportunity Commission has required employers to provide information about each of their employees such as their gender and ethnicity,” says Rob Wilson, President of Employco USA and employment expert. “But now that is going to be just one part of the puzzle.”

Along with this information, Wilson explains that employers will now have to provide information on employee wages. Providing this pay data is in part the result of advocacy groups like the National Women’s Law Center and the Labor Council for Latin American Advancement who believe pay data transparency will help to bridge the gender pay gap.

“President Trump has been vocal against these proposed additions to the EEOC-1 report, but now despite his hopes to the contrary, pay data is once again required reporting for companies with 100 employees or more,” says Wilson.

Sadly, many won’t be prepared.

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