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Podcast S3E51 – FB Live 63 – Virtual Team: Employee Benefits

Providing employee benefits is a great way to retain talented employees for the long-haul, but as an employer what is your responsibility and what rules and regulations do you have to follow?

In this episode I cover:

  • Vacation and PTO, and when rules and regulations kick in
  • Which state you must consider when offering vacation and/or PTO
  • Sick leave and family leave, and what jurisdiction’s rules and regulations might apply
  • The level of responsibility required when setting up a retirement plan for your employees
  • Important considerations for health, disability, and life insurance

Key takeaway: As a small business owner, there are many ways you can provide important employee benefits to make sure your employees are taken care of and protected in their personal lives, but you also need to make sure that you’re providing benefits in a way that protects you and your business, so be sure to consult with a qualified benefits provider.

Resources: IRS guidance on providing benefits

Department of Labor resource on fiduciary responsibilities

Department of Labor info on FMLA

Melissa Curtis – Woodall Agency Insurance

Visit www.awbfirm.com/podcast51 for a transcript and show notes, and sign up to get a free 5 Minute Intellectual Property Audit.  You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

August 15, 2018

Podcast S3E50 – FB Live 62 – Working with a virtual team: employees in other states

Having virtual team members classified as employees can carry complex legal considerations. This week I’m joined by our resident labor and employment whiz Michelle Coakley to talk about what you need to know to make sure your business is protected legally when it comes to having employees on your virtual team.

In this episode I cover:

  • The importance of properly classifying your workers
  • Two reasons why the government cares how you classify your workers
  • Best practice for how often you should audit your employment policy to check for federal and state & local compliance
  • Why you should be sure to do regular performance reviews
  • What you need to know about non-disclosure and non-compete agreements

Key takeaway: Employment laws and ordinances can vary widely not only state to state, but in some cases city to city. It’s important to seek out the right kind of advisors (legal, financial, human resources, etc.) to make sure your business is protected when it comes to employment matters.

Resources: Episode 12: Hiring employees and contractors the right way (with FREE download)

Episode 37: Labor & employment chat with AWB Attorney Michelle Coakley

LastPass

Visit www.awbfirm.com/podcast50 for a transcript and show notes, and sign up to get a free 5 Minute Intellectual Property Audit.  You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

August 9, 2018

Podcast S3E49 FB Live 61 contractors for virtual or multi location business

Working with a virtual team is a great way to grow your business, but how do you make sure you are properly working with remote contractors?
In this week’s Facebook Live video and podcast episode I begin to cover this important topic, touching on:

– How W-2 employee vs. 1099 independent contractor affects your business’s taxes and regulations you must comply with
– The biggest factor that determines who is or isn’t an employee
– What to be sure you include in your contracts with contractors
– Who owns the intellectual property created by an independent contractor
– The downside of including a non-compete clause in a contract (tip: this isn’t the same in every state!)

Key takeaway: It can be tricky to make sure you’re working correctly with a virtual or remote independent contractor. This is an area where you definitely want to consult with a trusted attorney to avoid major fines and penalties from getting it wrong.

www.awbfirm.com/podcast49

This podcast is information, not legal advice specific to your situation.

August 2, 2018

Podcast S3E41 – FB Live 53 – Building your professional team to grow

This month is all about building your team of professional advisors to reach your seven- and eight-figure business goals. I’m teaching why it’s crucial to have a CPA or tax professional, bookkeeper, operations or business manager (COO), financial advisor or CFO, and yes of course a lawyer!, as well as other advisors, on your team.

In this episode I cover:

  • How new businesses can begin building your professional network of “advisors” even if you’re not ready to hire them yet
  • When business owners should hire experts
  • The types of experts a seven- or eight-figure business needs
  • How to find the right experts to work with your business
  • Why you should budget for these professional services
  • The benefits of hiring the right professionals to help you plan your business’s growth
  • How our firm works with businesses on retainer for predictable, consistent legal guidance (it may surprise you!)

Resource referenced in this episode:

 

 

 

 

 

 

 

 

I’ll also be interviewing a few of my favorite pros in these categories later this month, you don’t want to miss it!

Sign up below to get a free 5 Minute Intellectual Property Audit.  You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This video is information, not legal advice specific to your situation.

June 7, 2018

FB Live 29 – Independent Contractors

Are you working with independent contractors? Today’s live video talks about making sure your contractors are really contractors, not employees, and what terms you can include in your agreements with independent contractors.

Questions? Schedule a consult at https://awbfirm.com/legal-road-map-session/ or contact us at https://awbfirm.com/contact/.

March 2, 2017