Monthly Archives: January 2014

Avoid 3 common mistakes that may lead to the wrong hire

January 31, 2014

It’s no surprise that companies that devote more time to developing their hiring processes experience less turnover, a better employment brand, and lower overall hiring expenses. While clients always look for a “secret”, the solution to the hiring challenge is in the time and focus put into the process. Below are three common hiring blunders and how you can avoid them when hiring for your company: 1. Talking too much about your own Company and not listening to the candidate During the interview process, listening is the most important thing an employer can do. The more a candidate speaks and ...

Now is a good time to update emergency information

January 22, 2014

One thing is certain – a worksite emergency is about the worst time to realize that your employee emergency contact information is out of date or missing. In addition, since we never can predict when we will truly need the information (if we could, we would avoid the need altogether!), now is the best time to update emergency contact information for all of your employees. Be prepared Make a point to remind employees that names, phone numbers, email addresses, and other information should be accurate in the company files. The start of a New Year or new quarter is an ...

Going down – IRS standard mileage reimbursement rate

January 17, 2014

Effective January 1, 2014 the IRS standard rate will decrease by half a cent to 56 cents per mile driven for business purposes. While this is an optional standard rate, it is widely used to calculate mileage reimbursement for employees who operate their own vehicles for official company business. If your company bases its mileage reimbursement on the IRS rate, be sure to update your systems to reflect this change. EctoHR can help! EctoHR, Inc. is ready to assist your company with all aspects of HR. Contact a team member at EctoHR by calling 810.534.0170, or by email to hr@ectohr.com.

The legal side of succession planning for business owners

January 16, 2014

The following article, "Succession Planning for Business Owners – A Focus on the Legal Side of Succession Planning" comes to you from Timothy Williams, an attorney with Timothy L. Williams and Associates, and a shareholder in EctoHR, Inc. It would be an understatement to say that privately held businesses are the backbone of the American economy. Some 90 percent of all businesses in this country are privately held and, of those, a large number are either family-owned or family-controlled. These businesses come in all shapes and sizes, representing all sectors of our economy. From food distribution and wholesaling, agriculture, services, ...