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A new study has found that more than half of companies that are going through a digital transformation end up stalling or abandoning their projects. The biggest hurdles are a lack of planning, and complex changes to personnel, processes and the adoption of new technologies. Many older companies are just now taking the next step
A new method for calculating workers’ compensation experience modifications (X-Mods) took effect in California on Jan. 1. The Workers’ Compensation Insurance Rating Bureau of California has created a new simplified formula for calculating X-Mods as part of its efforts to add more transparency to the process. The new formula excludes the first $250 of every
What happens if your business suffers property damage or a supply chain disruption and is forced to stop operations either fully or partially? Will your insurance cover the work stoppage or slowdown? It is important to understand how your insurance can protect you from the resulting financial loss. In addition to potential recovery for property
As the number of data breaches involving smaller businesses continues to grow, a survey by The Hartford finds 85% of small business owners said a potential breach of their own data was unlikely, and many are not implementing simple security measures to help protect their customer or employee data. “Most of the business owners surveyed
This article is part two of a story on new laws and regulations that will affect businesses in 2019. 6. New tiered minimum wage On Jan. 1, 2019, the state minimum wage will increase, depending on employer size, to: $11 per hour for employers with 25 or fewer workers. $12 an hour for employers with
Every year comes with new laws and regulations that affect employers. It pays to stay on top of all the new requirements, so we are here to help you understand those that are most likely to affect your business. The following are the top 10 laws, regulations and trends that you need to know about
Every year comes with new laws and regulations that affect employers. It pays to stay on top of all the new requirements, so we are here to help you understand those that are most likely to affect your business. The following are the top 10 laws, regulations and trends that you need to know about
Every year comes with new laws and regulations that affect employers. It pays to stay on top of all the new requirements, so we are here to help you understand those that are most likely to affect your business. The following are the top 10 laws, regulations and trends that you need to know about
Over the past 15 years, workplace violence has been among the top four causes of death in the work environment, according to federal statistics. The Occupational Safety and Health Administration says almost 2 million American workers report incidents of workplace violence each year, and “many more” cases go unreported. Workplace violence is defined by OSHA
One by-product of a strong economy is more employment, but the increased activity usually results in more workplace injuries. That’s because there are more inexperienced people on worksites and when a company is busy and there is more activity, the chances of an incident occurring also increase. This is especially the case in manual labor
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