SimpleHR Makes Top 100 Best Companies List
SimpleHR was recently named one of Florida's Best Companies To Work For.
The annual Best Companies list is featured in the August issue of Florida Trend magazine. One-hundred companies are ranked in small, medium and large employer categories.
To participate, companies or government entities had to employ at least 15 workers in Florida and have been in operation at least one year. Companies that chose to participate underwent an evaluation of their workplace policies, practices, philosophy, systems and demographics. The process also included a survey to measure employee satisfaction. The combined scores determined the top companies and the final ranking.
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"Top companies provide excellent pay, health insurance, 401k plans, and other "hard" benefits, but they also offer the leadership and communications that encourage employees to participate in the organization's overall success," says Florida Trend Publisher Andy Corty. "And to that long list, enjoyment options such as table tennis or other games bring energy to the enterprise."
The Best Companies To Work For In Florida program was created by Florida Trend and Best Companies Group and is endorsed by the HR Florida State Council. Best Companies Group managed the registration, survey and analysis and determined the final rankings. For a list of the 100 Best Companies To Work For In Florida, go to www.FloridaTrend.com/BestCompanies.
About Florida Trend
Florida Trend is an award-winning business magazine read by 250,000 senior business executives, civic leaders and government officials each month. Delivered via print, tablet, mobile and enewsletter, Florida Trend covers business news, executives, industry analysis, regional news round-ups and executive lifestyle. For more information, visit www.FloridaTrend.com.
About Best Companies Group
Best Companies Group works with partners worldwide to establish and manage "Best Places to Work," "Best Companies" and "Best Employers" programs. Through its thorough workplace assessment, utilizing employer questionnaires and employee-satisfaction surveys, BCG identifies and recognizes companies that have been successful in creating and maintaining workplace excellence. For more information, visit www.BestCompaniesGroup.com.
Florida Workers' Compensation Rates May Rise Nearly 20%
The Florida Office of Insurance Regulation announced on July 1, 2016 that the National Council on Compensation Insurance (NCCI) has amended its filing to an additional legal change affecting Florida's workers' compensation system. This amended filing increases the NCCI's initial proposed combined average rate increase from 17.1 percent to 19.6 percent. This increase impacts all policy holders in the State of Florida. The proposed effective date of the increase will be October 1, 2016. Public hearings have been scheduled to discuss the filing in August. The hearing will be held at the Jim King Committee Room, 401 Senate Office Building in Tallahassee. More details regarding the hearing will be released at a later date. Read More
Florida Workers' Compensation Legislation Update
In response to a recent decision from the Florida Supreme Court regarding attorney fee schedules, the National Council on Compensation Insurance, (NCCI) filed a proposed workers' compensation insurance rate increase of 17.1 percent with the Florida Office of Insurance Regulation. This increase impacts all policyholders in the State of Florida and has a proposed effective date of August 1, 2016.
The statewide increase was proposed to cover the impact of the increased claimant attorney fee costs in Florida due to the above-mentioned decision.
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Currently, we are awaiting the Office of Insurance Regulation's decision on the proposed increase. Their decision could be to accept the proposed increase, adjust the amount of increase either up or down or reject the proposal. Ultimately, nothing will change until the Office of Insurance Regulation makes a decision. In the meantime, SimpleHR will continue to monitor the progress of this proposed change.
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Did You Know
- The average settlement of a negligent hiring lawsuit exceeds $1.6 million.
- The US Department of Labor estimates that the average cost of a bad hiring decision can equal 30% of the first years potential earnings.
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* SimpleHR provides HR assistance as a Client benefit. This assistance is provided by an HR professional as general information and is not a substitute for legal advice.
SimpleHR is a Professional Employer Organization (PEO) headquartered in Destin, FL, providing cost-effective human resource outsourcing while managing employee risks for client businesses for over 22 years. PEO license number EL374
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