April 2020 - Luxa | Tulsa Payroll Services

How Employer Contributions to an HSA can Help you Save Big

on Apr 22, 2020 12:44 PM

A study from the Kaiser Family Foundation (KFF) revealed that the average premium for employer-sponsored health coverage amounted to $6,896 for single coverage and $19,616 for family plans during 2018. They also noted that the average single premium rose by 3% over the previous year, while the average family premium went…

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Topics: HR

7 Ways To Be Effective When Leading By Example

TEAM LUXA

on Apr 10, 2020 8:20 AM

According to a 2015 Global Workforce Leadership Survey from Saba, 46% of companies say that leadership is a hard skill to find among employees. That’s in contrast to other information from that group, which indicates that 68% of American workers view themselves as leaders. (more…)

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Topics: HR| Leadership

Create Performance Improvement Plans that Provide Dynamic Results

TEAM LUXA

on Apr 10, 2020 1:00 AM

A survey from the Society for Human Resource Management (SHRM) reveals that it costs an average of $4,129 to hire an employee. The average time to fill a position is also 42 days. With so much time and money being spent up front, terminating an underperforming employee is not always in…

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Topics: HR

Coronavirus: How Small Businesses are Effected and What You Can Do

TEAM LUXA

on Apr 3, 2020 7:52 AM

One of the most heartwarming things we have heard in the midst of the COVID-19 pandemic is efforts of big businesses. The corporate giants of the world are contributing with aid funds, emergency pay, prioritized essentials, and some are even opening their doors as shelters and hospitals. But these efforts are…

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Topics: Advice| Business Advice| Business News| Leadership

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TEAM LUXA

on Apr 3, 2020 7:37 AM

If you’re a small business owner today, knowing what type of accounting method to use might have been the last item on your check-list before you opened doors to your business. However, what we are about to cover is the reason you want to take a good look at your books…