The Economy and Your Business
Business executives remain cautious given today’s economic climate. They are continuing to do more with less, operating lean, and demanding more from fewer employees. The expression “a company’s employees are its greatest asset” is truer than ever. So what are companies doing to protect their greatest asset? For many, the emphasis is on the compensation [...]
read moreAlcott In The News
Lou Basso of Alcott HR Group was recently interviewed for a Newsday Article published on December 29th, 2011. Read what he has to say the about Empire BlueCross BlueShield’s cutbacks in coverage and how this will affect small companies in New York. You can view the original article on Newsday.com by clicking: Small Business [...]
read moreHealth Care Reform Drives More Interest in High-deductible, Consumer-Driven Health Plans
Even before health care reform took hold, consumer-driven health care plans such as HSAs, health reimbursement accounts (HRAs) and flexible spending accounts (FSAs) were already growing in popularity. The steady increases in group health plan premiums are one of the main reasons. The data on just how much premiums have increased depends upon whose survey [...]
read moreThe Benefits of A PEO in Addressing Health Care Reform
Most businesses owners view health care reform as just another headache from Washington they didn’t need. They are looking for solutions to ease this added pain. For those who were not already considering outsourcing their payroll, benefits, compliance and other employee-related and human resources needs to a Professional Employer Organization (PEO), the reality of healthcare [...]
read moreComing to Terms with Health Care Reform
“The Patient Protection and Affordable Care Act” (“PPACA”) signed into law by President Obama on March 23, 2010 is still being hotly contested, but some changes are already in effect. Take note of the following: Tax Credits for Qualifying Small Businesses and Nonprofits One of the bright sides of health care reform for small businesses [...]
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