The importance of employee well-being: how to build morale and loyalty in your business
A company’s success depends not only on its business strategies but also on the well-being of its employees. Motivated, healthy, and engaged workers are more productive, experience greater job satisfaction, and are more likely to remain loyal to the company. Creating a positive work environment and offering additional support through appropriate insurance coverages can make […]
Decrease in New York Workers’ Compensation Assessment Rate for 2024
In a significant announcement, Governor Hochul has revealed a decrease in the workers’ compensation assessment rate for 2024. This reduction holds great significance for New York employers, as it will result in potential savings for small businesses across the state. Understanding the workers’ compensation system in New York and the role of the New York […]
New York Labor Law adds to construction costs
What is Scaffold Law? Some safe-to-work sections of the Labor Law, specifically Sections 240, 241 and 241 -a, impose a “strict” liability standard) as opposed to a “negligence” standard) upon owners and general contractors for workers injured at their job sites. The only exemption applies to “owners of one-and two-family dwelling who contract for, but […]
