HR Newsletter: Union Election Petitions Trending Up

Edgar

U.S. Department of Labor (DOL)

According to the U.S. Department of Labor (DOL), union petition filings have significantly increased since October 2021. During the first nine months of the agency’s fiscal year (October 2021 through June 2022), the National Labor Relations Board received 1,892 petitions, a 58% rise over the same time period the previous fiscal year. The DOL also noted that fiscal year 2022 petitions exceeded the total number of petitions filed in fiscal year 2021.

Furthermore, the number of unfair labor practice charges has also increased, although not as drastically. As such, 12,819 charges were filed during the first three-quarters of fiscal year 2022, up from 11,082 in the same period of fiscal year 2021. This is an increase of 16%.

Continue reading →

HR Newsletter: UnitedHealthcare Eliminates Out-Of-Pocket Costs on Insulin and Other Drugs

Edgar

UHC

UnitedHealthcare (UHC) recently announced it will eliminate out-of-pocket health care costs for insulin and other emergency use drugs for fully insured group health plan members. Pending regulatory approval, members could access certain prescription drugs for free as early as Jan. 1, 2023. In addition to insulin, the following medications will be included in the new offering and also have a $0 cost share:

  • Epinephrine for severe allergic reactions
  • Glucagon for hypoglycemia
  • Naloxone for opioid overdose
  • Albuterol for acute asthma attacks

Continue reading →

HR Newsletter: CDC Updates COVID-19 Quarantine and Isolation Guidance

Edgar

Centers for Disease Control and Prevention (CDC)

On August 11th, the Centers for Disease Control and Prevention (CDC) announced relaxed guidance related to COVID-19 exposure. The agency is no longer recommending that people quarantine after close contact with an infected person. The CDC also removed the recommendation that people stay at least 6 feet away from others.

According to the CDC, about 95% of Americans ages 16 and older have developed some level of immunity, either from being vaccinated or infected.

Continue reading →

HR Newsletter: How Employers Are Responding to Record-High Inflation

Edgar

The U.S. inflation rate has increased by 9.1% year over year, according to the Bureau of Labor Statistics (BLS). The BLS also reported that this is the highest the inflation rate has been since 1981. This has led to significant price increases across many consumer goods, and employers are responding in various ways. As employees face increased financial difficulty during this time, it has become crucial for employers to respond. While every employer may take a different approach to addressing inflation and its impact on their employees, the following are some common strategies that have emerged.

  • Reevaluating Employee Benefits – In response to inflation, many employers are altering their benefits offerings to help mitigate the effects employees are facing. For example, employers are offering options such as student loan repayment to help employees with budgeting and expenses at a time when prices are high and employees are looking for ways to cut costs.

Continue reading →

HR Newsletter: 2022 Midyear Trends in HR and Benefits

Edgar

2022 Midyear Trends in HR and Benefits

Heading into the latter half of 2022, there are several trends impacting Human Resources (HR) and Benefits. Over the course of the COVID-19 pandemic, employers have faced challenges ranging from the health impacts of COVID-19 on workers to ongoing attraction and retention challenges. Challenges that are both similar and new will likely be present in quarters three and four of 2022. The workplace continues to transform, and while the pandemic has had a significant impact on these changes, various social movements and technological advancements have also played a role.

Today’s labor market is forcing employers to do everything possible to attract and retain workers. Rising inflation and labor shortages are pressuring employers to respond to employee demands.

Continue reading →

Employco USA Hires a Receptionist

Edgar

A human resource and employment solutions firm, Employco USA is pleased to announce the growing expansion of its staff.

Employco’s newest team member:

Mary Gulczynski

Mary Gulczynski, Receptionist – Mary comes to us as a clerical professional adding a broad range of experience and expertise to assist our team in day-to-day operations. She will be handling phone calls, mail/deliveries, greeting guests, verifications of employment, and other duties.

“Everyone seemed very down to earth and I suddenly realized this is not an ordinary company. This was a multi-faceted company that intrigued me and therefore I wanted to be a part of that team.” –Mary

Continue reading →

Biden’s Auditing Army Will Push Small Businesses to the Brink

Edgar

HR expert Rob Wilson says small business owners need to be prepared for the IRS crackdown

IRS

If you are a business owner, an IRS audit could be headed your way very soon. Last Sunday, Senate Democrats voted unanimously to pass the Inflation Reduction Act, which will allocate billions and billions of dollars to beefing up the IRS department…including the addition of 87,000 new IRS agents.

“Biden’s legislation plans to devote $80 billion to the hiring of 87,000 new IRS auditors,” says Rob Wilson, President of Employco USA and employment trends expert. “The funds which are received from auditing Americans are meant to help curtail costs incurred from new tax legislation. Unfortunately, it’s going to be America’s small businesses who end up feeling the brunt of these measures.”

Continue reading →

What Does Stagflation Mean for the HR Side of Your Business?

Edgar

Stagflation

For workers in their 50s or younger, the term stagflation may be unfamiliar. But anyone who experienced the combination of high inflation and recession in the 1970s is well-acquainted with this unfortunate economic phenomenon. The factors that produced stagflation are back again today. Businesses will need to evaluate their operations to see what can be optimized to help fine-tune their operations in a challenging economy. Evaluating your HR processes and expenditures can play a significant role in helping your organization navigate stagflation.

Stagflation – Then and Now
During the 1970s, the Fed pursued aggressive strategies to reduce employment after the Vietnam War – even in the face of high inflation. Spending on social programs also rose significantly during this period. At the same time, the oil embargo and rising production costs added to the increase in consumer prices while generating a recession.

Continue reading →

Bye, Bye to Your Employees? New Survey Finds That 40% Of Full-Time Workers Are Considering Going Freelance

Edgar

Employment trends expert weighs in on new findings and what employers can do to reduce the ever-rising employee attrition rate

Last April, a report from Gartner HR predicted that the annual turnover of U.S. employees would increase by a full 20% this year. Now, a new survey from professional development company Kantata shows that 4 out of 10 full-time American employees are seeking to go freelance.

“The Kantata survey shows that flexibility and freedom are the new must-haves for employees,” says Rob Wilson, President of Employco USA, an employment solutions firm with locations across the country. “The pandemic is partially behind this new drive for more autonomy. Results showed that 60% of American workers say that working remotely became more attractive to them recently.”

Continue reading →