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Ask SmallBizLady: Does a Sole Proprietor Need Workers’ Compensation Insurance?

The short answer to the question of whether sole proprietors need workers’ compensation insurance is No and Yes. Sole proprietors or freelances with no employees are typically not required to purchase workers’ compensation insurance. Nonetheless, it may be beneficial for your enterprises to do so when you’re a sole proprietor, and you do work that […]

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What Are Employee Compensation Packages?

Employee compensation is the combination of wages and benefits you compensate each employee in exchange for their work. While a compensation package can include things like stipend, advantages , fees, and asset alternatives, the liberty compensation for each employee will depend on several factors. Offering fair and competitive hire compensation is crucial for attracting and […]

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Workplace Stress and Anxiety After COVID-19

Workplace-related stress and feeling are not new phenomena. Many employees in the U.S. report their jobs as a major source of stress and tension which, left unchecked, can easily rise to the level of an distres disorder with negative consequences for physical state, mental well-being, workplace productivity and occupation opportunities. The COVID-1 9 pandemic exacerbated […]

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Employee Monitoring Is More Standard Than Ever: How Small Businesses Can Get It Right

Like companies of every sizing in all economic sectors, the coronavirus pandemic radically restructured the work environment for small and medium-sized enterprises. Now, it’s clear that the composite workforce created by COVID-1 9 to stay, as 57% of small and midsize occupations expect that they will continue offering remote work even after COVID-1 9. In […]