Blogs

Compliance tips for your Small Business

As a small to mid sized employer, you may have wondered or even stressed about, what HR practices apply to your business? Here are a few things to implement and start paving the way to compliance:

1) Keep People Safe

It seems easy enough, but did you know that the Occupational Safety & Health Administration (OSHA) has compliance regulations in place that employers must comply with? It doesn’t matter if your are in an office or on a construction site, Non-compliance can land you with some hefty fines. A business in Colorado Springs was hit with a $61,731 fine in 2016.Would your business be able to foot a bill like that and remain viable? For many, the answer is probably and understandably, no. If you’re wondering why OSHA is so strict, here is a shocking statistic: In the United States 769 people died on the job in 2017 alone.
Start working towards safety compliance so you don’t get stuck with hefty fines after a random OSHA audit, or worse, a work site injury or fatality.
If you are a small-mid sized business, check out these free resources:

2) Required Forms, Notices and Posters

  • W-4: This form is issued by the IRS so employees can decide how their taxes will be deducted from each paycheck. This form has an expiration date and will need to be updated when the new version is released. Form: https://www.irs.gov/pub/irs-pdf/fw4.pdf
  • Labor Law Posters: Labor law posters need to be updated when state or federal labor law changes are made. In Colorado, since minimum wage is increasing each year until 2020, we will need to replace our labor law posters every January to reflect those changes. Keep in mind minimum wage isn’t the only change that can result in a poster update. This is something you will need to stay up to date on, so you know when to update your posters.

3) Keep Good Records!

One of the most important things an employer can do is have documentation. You should have offer letters, job descriptions and employee handbooks all with signed acknowledgments from your employees. You should also keep written documentation of any formal complaint, disciplinary action or workplace accident. All of these documents will support you as an employer in the event of an unemployment claim or lawsuit.
Tip: If you collect doctor’s notes from employees- make sure those are in a separate filing cabinet or drawer than their regular employee file. This is to comply with HIPAA regulations that protect employee privacy relating to health conditions. These doctors notes should only be accessible by select people, and preferably not the employees manager.


If you’re interested in more information on employer compliance or would like to join our email list to be notified when labor law posters, forms and notices expire please visit our website www.interworkshr.com or email us at info@interworkshr.com

Blogs

2019 Minimum Wage

It’s that time of year again! As we all start checking off our year end tasks and get ready for the holidays- Don’t forget about what will be waiting for you once January 1st rolls around.


As of January 1, 2019 all Colorado employers will be required to pay employee’s a minimum of $11.10 per hour.


See below for the entire Colorado minimum wage schedule until the year 2020:

Effective Date: January 1, 2019
Minimum Wage: $11.10
Tipped Min Wage: $8.08

Effective Date: January 1, 2020
Minimum Wage: $12.00
Tipped Min Wage: $8.98

Blogs

New year, new minimum wage

It’s that time of year again! As we all start checking off our year end tasks and get ready for the holidays- Don’t forget about what will be waiting for you once January 1st rolls around.


As of January 1, 2018 all Colorado employers will be required to pay employee’s a minimum of $10.50 per hour.


See below for the entire Colorado minimum wage schedule until the year 2020:


Effective Date: January 1, 2018
Minimum Wage: $10.20
Tipped Min Wage: $7.18

Effective Date: January 1, 2019
Minimum Wage: $11.10
Tipped Min Wage: $8.08

Effective Date: January 1, 2020
Minimum Wage: $12.00
Tipped Min Wage: $8.98