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With a vast range of individual and family situations, it’s essential to provide benefits that meet your employees’ needs wherever they are in life.  Much like your workplace policies, your employee benefits should align with your diversity and inclusion (D&I) goals. Look at your benefits annually and ask yourself if they reflect your workforce’s needs, […]
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Here’s a look at updates from the latest COVID-19 stimulus bill Further clarifications were issued on the Consolidated Appropriations Act (CAA), which was signed by former President Donald Trump on December 27, 2020. This $2.3 trillion bill contains $900 billion earmarked to provide COVID-19 economic relief. For a detailed look at what the COVID-relief portion […]
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We’re following updates on the COVID-19 vaccine becoming available in the U.S. to help you make sense of the news! The Equal Employment Opportunity Commission (EEOC) announced its position relating to employer-mandated COVID-19 vaccines.  Watch our HR experts break down vaccine mandates in the workplace.  While employers can legally require the COVID-19 vaccine in the workplace, this […]
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Whether you’re budgeting for a business or yourself, you’re probably taking stock of all the line items you need to fit into your 2021 budget. While we usually find ways to budget for the essentials, it’s easy to forget about our less frequent or unplanned spending. One common example is charitable giving.  For many of […]
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After an unpredictable year like 2020, making sure your business has a stable foundation is critical to adjusting to unforeseen circumstances and keeping a solid footing through hard times.  PEO AND FINANCIAL STABILITY Take a look at these stats from the National Association of Professional Employer Organizations (NAPEO). Businesses that work with a PEO:  Are 50% less […]
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Tax season will be here soon! Nextep will make W-2s available online and send them directly to employee homes no later than January 31, 2021.  Here’s how you can prepare for the upcoming tax season.  Get Organized Take a look at last year’s tax return and make a note of any forms or technology you used […]
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Along with the new year comes new minimum wages for several states on January 1, 2021. As a reminder, when state law differs from federal law, employers must use the one that benefits the employee the most. In this case, the state minimum wages are higher than the $7.25 federal minimum wage; therefore, the state’s […]
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After months of stalemate, a second COVID-19 relief package has been passed. On Sunday, Dec. 27, 2020, the president signed a $900 billion COVID-19 relief bill to help Americans through the ongoing pandemic. It is part of a larger package to keep the federal government funded through the current fiscal year. Our teams are digesting the details […]
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It’s important to know about upcoming changes to tax laws and Nextep is here to make sense of them all and help you prepare for next year’s budget. Here are the changes at a glance: Social Security wage base: First $142,800 of wages in 2021 (Was $137,700) FICA – Social Security (OASDI): 6.2%, up to […]
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Mary Jane was a stand-out winner from the 2020 election On Nov. 3, 2020, voters in several states voted to “puff puff” pass measures to allow recreational marijuana or medicinal marijuana, leaving many employers in these states to navigate a gray area of legislation when it comes to company workplace drug policies.   There are now […]
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Even before the pandemic, no one wanted to sit in a doctor’s waiting room feeling ill or with a sick child.  Now, with COVID-19 cases on the rise and winter’s seasonal illnesses upon us, it’s more important than ever to have a telehealth option for your employees.  At Nextep, we partner with Teladoc® to offer […]
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The Nextep Charitable Foundation is proud to donate $10,000 to the Urban League of Greater Oklahoma City.  This donation is part of a larger initiative to give back to the Black community. Earlier this summer, Nextep’s Founder and CEO Brian Fayak announced the Nextep Charitable Foundation would be donating $50,000 to local organizations supporting the […]
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