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Chad Brooks

Business Ownership Insider and Managing Editor at business.com
IL
Introduction
About Me

Chad Brooks is the author of How to Start a Home-Based App Development Business. He has spent more than 10 years guiding prospective entrepreneurs and business owners on the ins and outs of launching a startup, scaling a company and maintaining profitable growth. Within the world of entrepreneurship, he is particularly passionate about small business communications tools, such as unified communications systems, video conferencing solutions and conference call services.

At Business News Daily, Brooks covers a range of business tools and services, such as time and attendance systems, payroll services, credit card processors, VoIP phone systems and more.

Brooks, who holds a degree in journalism from Indiana University, has also lent his business expertise to a number of esteemed publications, including Huffington Post, CNBC, Fox Business and Laptop Mag. He regularly consults with B2B companies to stay on top of the latest business trends and direct growing enterprises toward the modern-day business technology required in today’s digitally advanced world.

Experience
B2B Managing Editor at Centerfield
January 2023 - Present
Editor at Purch
August 2017 - August 2018
Senior Writer at Purch
April 2014
Reporter at Daily Herald Media Group
August 1999 - August 2008
Education
Indiana University Bloomington
Bachelor of Arts (BA)
Journalism
Chad's Activity
Filing for Bankruptcy: Information, Benefits and Disadvantages - thumbnail
article
Filing for Bankruptcy: Information, Benefits and Disadvantages
Bankruptcy helps people and businesses get a fresh start financially. Learn what filing for bankruptcy entails, as well as its benefits and disadvantages.
Updated January 16, 2024
Is On-Demand Payment the New Payroll? - thumbnail
article
Is On-Demand Payment the New Payroll?
This guide to on-demand payroll explains the trend and analyzes whether it may be the right choice for your employees and business.
Updated January 12, 2024
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Choosing a Payroll Service: A Buying Guide for Businesses
There are many payroll service options available to businesses. Understanding what to look for and the key features that best meet your needs is important.
Updated October 26, 2023
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Entrepreneurs Answer the Question ‘Why Is Innovation Important?’
New products and improvements to products are innovations. Learn the five innovation types and how to tap into innovation's power and potential. 
Updated November 13, 2023
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VoIP for Business: Understanding Cloud-Based Business Phone Systems
VoIP service can take your business practices to the next level. It’s important to understand your needs and network capabilities before you choose a service.
Updated October 02, 2024
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Working on Labor Day? You’re Not Alone
Labor Day is typically a paid holiday, but not every worker gets to enjoy the day off.
Updated October 25, 2024
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What to Look for in a Time and Attendance System
Time and attendance systems do far more than track employees. Here's why – and how – to get one.
Updated February 13, 2024
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The Key to Increasing Productivity? Employee Breaks
Employee breaks can lead to greater productivity and reduce burnout. Learn how to encourage employee breaks and follow laws concerning break time.
Updated August 22, 2024
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Two-Day Thanksgiving Holiday Remains Popular Among Employers
Two-day Thanksgiving holidays have become a popular tool among employers to boost employee morale, improve productivity and fight burnout.
Updated November 13, 2023
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Employee Retirement Plans: A Buyer’s Guide
When choosing a retirement plan, ensure your employees can get the maximum value from it. This guide offers an overview of employee retirement plans.
Updated October 24, 2023
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10 Tips to Host a Productive Videoconference
Follow these tips and expert advice to make your video meetings more productive.
Updated October 26, 2023
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Emotional Intelligence Skills: How to Spot Them in Hiring
Research says that emotional intelligence is more important than IQ and technical skills. Learn how to focus on EQ in the hiring process.
Updated November 21, 2024
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What to Look For in Your Credit Card Processing Service Agreement
Before you sign a contract with a credit card processor, you need to know what fees and terms you're agreeing to. Here's what you need to watch out for.
Updated October 21, 2024
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How to Create Alexa for Business Skills Without Coding Experience
This how-to guide explains how you can create useful Alexa for Business skills without the need for programming knowledge.
Updated July 02, 2024
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10 Crazy Job Interview Mistakes People Actually Made
Job applicants have made disastrous blunders during interviews. Learn from 10 job interview mistakes to set yourself up for success.
Updated October 23, 2023
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What Is The Most Productive Day Of The Week?
Determining the most productive day of the week can be tricky, but there is a common theme among the studies and surveys on the topic.
Updated January 12, 2024
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review
SurePayroll Review Review
SurePayroll provides great payroll features for individuals with a full-time nanny, caregiver, housekeeper or other home service provider, making it our best payroll pick for household employers.
Updated January 09, 2024
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The Biometric Time and Attendance System Laws You Should Know
Biometric time and attendance systems use fingerprint, facial, palm or iris scans. Learn the laws you must follow to use them for your employees.
Updated April 17, 2024
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Connecting to Your PC From Anywhere
Learn how remote desktop software allows you or an IT expert to access your work computer offsite.
Updated April 22, 2024
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article
What are Unified Communications Systems?
Unified communications provide businesses with one platform for phone services, video conferencing and more.
Updated October 02, 2024
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Types of bankruptcy

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There are six types of bankruptcy, each named after the chapter that outlines it in the U.S. bankruptcy code.

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Benefits of filing for bankruptcy

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Bankruptcy has some notable advantages for those deep in debt.

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Disadvantages of filing for bankruptcy

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While bankruptcy offers several advantages to cash-strapped individuals and businesses, it isn’t a process to take lightly, as there are also these significant disadvantages.

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How to file for bankruptcy

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Here are the steps in the process of filing for bankruptcy:

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  1. The debtor hires a lawyer. In most cases, you’ll employ an attorney to walk you through the bankruptcy filing process, helping you understand the rules and fill out the proper forms. The necessary forms depend on the type of bankruptcy being filed.
  2. \n
  3. The debtor files the proper forms. To file for bankruptcy, you must use the official bankruptcy forms, currently available on the U.S. Courts website. In addition to over 60 different filing forms you need to sift through, you may need to use several procedural forms.
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  5. The court grants an automatic stay. Once the proper forms have been filed and accepted by the bankruptcy court, an automatic stay is enacted to protect you from collection attempts.
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  7. The debtor takes a financial education course. After the case is filed, you must begin the process of completing a financial education training course.
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  9. The debtor meets the creditors in court. The next step is a meeting of creditors, commonly known as a 341 meeting, during which you appear in court to answer questions about your assets and liabilities.
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  11. The trustee determines the assets. Following the meeting, the bankruptcy trustee, who represents the creditors in the case, determines which of your assets will be used to pay off which creditors.
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  13. The trustee issues a discharge recommendation. Once your debts have been settled, the bankruptcy trustee issues a discharge recommendation, meaning you are no longer legally required to pay any debts that are discharged. Once the discharge is official, it’s up to you to start the process of rebuilding your credit.
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While businesses must have a lawyer to file a bankruptcy case, individuals have the option of representing themselves in bankruptcy court. However, the courts highly recommend hiring a competent attorney, since the rules are quite complicated, and any mistake can have lasting repercussions – such as the bankruptcy case being thrown out without the option to bring it back again.

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What to do after filing for bankruptcy

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Bankruptcy doesn’t have to be an everlasting burden. There are a few ways to move forward from a bankruptcy filing and start improving your financial state. While these tips can be helpful, you should consult an attorney for professional legal advice.

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  1. Check your credit regularly. To ensure your creditors are reporting zero debt balance, check your credit reports regularly. You should also make sure no old debts appear on your reports.
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  3. Make a budget. To better manage your finances after bankruptcy, create a budget. Your budget can be a simple table that designates how you will allocate your income to expenses and savings.
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  5. Create an emergency fund. These funds can be a lifesaver amid bankruptcy. Your savings should cover three to six months of essential expenses to help you avoid future debt.
  6. \n
  7. Build credit and good financial habits. Whether you’re applying for one of the best business loans or financing a new home, you’ll need good credit. However, improving your credit score can take time. That’s why you should focus on managing your finances, such as by budgeting, saving, and paying your bills on time. You’ll build your credit and some solid financial habits. To confirm that you’re on the right track, check your credit for free once per year through each of the three major credit bureaus.
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Bankruptcy is a complicated and serious process. If you’re considering filing for bankruptcy, carefully weigh the pros and cons to determine if filing is necessary for you to get back on the right financial track.

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Shayna Waltower contributed to the writing and research in this article.

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For nearly a century, payday has come every week or two for most employees. However, in a world of instant gratification, those days could be ending. A growing number of payroll services are reducing the length of time between each payday, giving workers the chance to collect a paycheck after each workday in a model known as “on-demand payment.” But does on-demand payment make sense for your business and, if so, how would you offer it to your employees? Read on to learn more about this payroll trend and whether you should consider it for your business.

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What is on-demand pay?

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On-demand pay is an employee payment method in which employees can receive their wages as they earn them. Often, employees can only access a certain portion or have a maximum limit on their wages per pay period — the rest is paid as usual on the employee’s next standard payday. This service is offered by both payroll processors and companies focused only on providing on-demand pay service to employees.

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While the fee to use on-demand pay options is typically included in the costs a payroll provider charges, companies offering this service usually charge a fee. However, unlike payroll processing, where the employer pays the fee, these companies charge the employees for the service.

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With on-demand pay services, employees can decide after each shift whether they want to get paid for that day or the days since they were last paid. On-demand pay services give employees the freedom to decide how they want to get paid. This provides them some reassurance should an unexpected expense occur.

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What are some examples of on-demand pay services?

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Among the services placing more pay control in the hands of workers are Instant Financial, used by chains like McDonald’s, Taco Bell, KFC, and even Walmart. Through this service, employees receive a smartphone notification when they’re done working for the day and can then decide if they want to collect immediate payment for their labor. If they do, the money is either transferred to a prepaid debit card or deposited directly into their bank accounts. [Read related article: What is a Pay Card?]

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While services such as Even and Instant Financial are add-ons employers can use in addition to their traditional payroll service, many payroll providers are offering this feature themselves. Gusto, Paychex and Paylocity are just some of the payroll service providers offering on-demand payment services to employers. [Need help? We researched the best payroll service companies so you don’t have to.]

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The two-week pay schedule, which the Bureau of Labor Statistics reports is used by nearly 43 percent of employers, is a relic of calculating payroll taxes manually and was instituted in the U.S. almost 90 years ago.

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The pros and cons of on-demand pay

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On-demand pay comes with several advantages and drawbacks for both employers and employees.

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For employees

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The pros of on-demand pay for employees include:

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  • Quicker payments. With on-demand payment, employees don’t have to wait until their next payday for money. This flexibility allows employees to receive, save and spend their money on their own schedule.
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  • A financial safety net. If an employee is suddenly facing unexpected bills or other urgent payments, on-demand pay can help the employee quickly cover these expenses.
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The downsides of on-demand pay for employees include:

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  • Fees. Just as some people argue that paying ATM fees to withdraw cash means paying for money, some employees may feel frustrated when they must pay fees to receive their wages on demand. In cases where on-demand pay will be used to cover unexpected bills, employees may feel these fees add insult to injury.
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  • Taxes. Most on-demand pay services don’t tax employee withdrawals. However, these withdrawals are not tax-exempt. Rather, employers deduct these taxes from the employee’s upcoming paycheck, which may lower the check amount more than employees anticipated.
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For employers

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The advantages of on-demand pay for employers include:

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  • Better employee retention rates. Employees whose employer has implemented on-demand pay may interpret this offering as proof the employer cares about their well-being. As such, employees may feel less compelled to leave the employer.
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  • More productive employees. Personal finance challenges can distract employees. Offering on-demand pay may give employees a larger financial safety net and thus limit potential distraction.
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The cons of on-demand pay for employers include:

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  • Pay errors. Implementing on-demand pay introduces a chance, albeit a minor one, that employees will receive paychecks that include hours paid on-demand. This can lead to employers paying the same wages twice.
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  • Taxes. Employers must deduct taxes on on-demand wages from standard paychecks issued later. Employers who forget or fail to do so may face consequences from the IRS.
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Nelson Lichtenstein is a history professor at the University of California Santa Barbara and director of the Center for the Study of Work, Labor, and Democracy. He said while the concept may sound appealing to employees, he envisions more turmoil than stability.

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“I think this creates more chaos and insecurities,” Lichtenstein said. “If you get paid every single day, you are scrambling every single day.”

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Without having to wait for payday, you lose a built-in buffer that currently exists, he said.

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“The two-week thing is kind of like a form of forced savings,” Lichtenstein said.

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Lichtenstein believes receiving a lump sum every two weeks gives individuals more freedom to plan where that money goes. Getting paid every day, though, may place undue stress by having to prioritize where funds should be spent.

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“It just strikes me as exacerbating the endemic insecurities of the bottom half of the working class,” Lichtenstein said.

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One of Lichtenstein’s concerns is the cost involved in using such services. Some payroll services charge the employer, while others charge the employees a fee to withdraw their money early.

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If employees are taking on the cost, Lichtenstein said it could add up quickly. Even at $3 per withdrawal, fees could cost employees a significant portion of their annual salary when brought to a total at year-end.

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“It’s a nicer version of payday lending, but it is still payday lending,” Lichtenstein said.

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Despite his reservations, Lichtenstein says the concept could “spread like wildfire” given the millions of Americans living paycheck to paycheck.

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Best payroll services for on-demand payment

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If you’re a traditional payroll provider who is interested in working with a payroll provider that extends on-demand payment services, here are a few of our top picks:

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Paychex: A leading name in the payroll space, Paychex extends employers the ability to pay their employees on a daily basis. Check out our Paychex review to learn more about the payroll service provider and how on-demand payment works.

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Gusto: Gusto is a popular choice among small businesses when it comes to managing payroll. The company offers on-demand payment tools as well. Read our Gusto review to learn more about this payroll provider and its on-demand payment services.

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ADP: Through its DailyPay feature, ADP payroll offers on-demand payment so your employees can collect what they’re owed at the end of each workday. Read our ADP review to learn more about the service.

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Is on-demand payment a fad or the future?

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On-demand payment remains less common than more traditional pay schedules, such as weekly, biweekly and monthly pay periods. However, it’s an option employers can offer to their employees if they think it will boost morale, productivity and employee economic security. To offer on-demand payment, partner with a payroll service provider that offers this feature, like the ones mentioned above. They can help you set up this option for your employees to take advantage of.

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Max Freedman contributed to this article.

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Every business that hires employees has some sort of payroll process to pay its staff. Today, many companies choose to work with a payroll service to make the process simpler and more convenient than processing it on their own or outsourcing the work to a bookkeeper.

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In this guide, we cover everything you need to know about what these services offer and how to choose one.

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Editor’s note: Looking for information on payroll systems? Use the questionnaire below, and our vendor partners will contact you with the information you need:

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A look at payroll services and what they do

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A payroll company is a service provider that automatically processes payroll calculations, payroll tax statements, year-end taxes and more for your company. A full-service payroll provider also handles deposits and withdrawals for your employees, withholding and pay garnishments, and new-hire reporting. Using a payroll system makes it easier to pay any type of employee, such as full time, part time and freelancers. It allows experts to handle your payroll while you focus on your business.

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Other types of payroll options

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  • In-house: If you’re a large company with many employees, hiring an in-house accounting department to handle your payroll is a good option. Your accounting employees will know the ins and outs of your company and its culture, so they’ll be equipped to scale and change with your company. They’re also immediately available in case of an emergency or a last-minute change.
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  • Bookkeepers: A bookkeeper is a person who prepares your account and keeps track of your finances. This is a solution for small businesses that don’t have many employees. Your bookkeeper can be an in-house employee, or your company can be just one of their many clients.
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  • Online payroll: If you choose to do your payroll yourself, there are many online services you can use. This option requires more of your time, as you’ll be inputting all of the data and processing the payroll yourself, but it will save you money.
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  • Software: Like an online payroll service, payroll software requires your time to input all the data. There are automated options through the software that save you more time than processing everything yourself through an online service; however, you have to maintain the software and double-check its results to ensure there are no mistakes.
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What payroll services offer

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Online payroll services operate in the cloud. They don’t require you to install or maintain any software, and you can manage and run your payroll from anywhere. You can use this kind of program to pay full-time and part-time employees as well as contract and freelance workers.

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Online payroll typically includes a variety of services:

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  • Payroll processing: Online payroll services automatically calculate how much employees should be paid each pay period. The systems account for wage rates, shift differentials, overtime, holiday pay, taxes, and Social Security and benefit deductions. They then make payments to employees by direct deposit, prepaid debit cards or paper check.
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  • Filing and paying payroll taxes: These services can withhold employee taxes, file your quarterly payroll tax reports and pay your employees’ tax withholdings to the proper local, state and federal agencies. They also issue employee W-2 and 1099 forms at the end of the year. Some services offer an error-free guarantee. If a mistake is made, these payroll companies will correct the error and pay any fines or interest you incur.
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  • New-hire reporting: Many payroll services report your new hires to the government on your behalf.
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  • Integrations: Online payroll services integrate with a variety of payroll-related programs businesses already use, such as accounting software, time and attendance systems, and human resources software.
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  • PTO management: Many of these services manage paid time off by tracking how many vacation and sick hours your employees have earned and used. Some payroll solutions even facilitate the time-off request and approval process.
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  • Employee self-service: Typically, employees can access the online system to view their pay stubs, PTO balances and year-end tax forms.
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  • Mobile access: Many systems offer mobile apps or mobile-friendly websites that let you manage and run payroll from smartphones or tablets.
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  • Payroll reports: Detailed wage and labor reports from your service can give you a deeper look into how your business operates.
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The biggest benefit of online payroll services is that they complete all the related work for you – payroll calculations, payroll tax payments, year-end tax forms, etc. With these systems, your payroll can typically be run in just minutes. [Read related article: Can SMBs Balance Payroll Burden and Labor Demand?]

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One downside of using an online payroll service is that it’s more expensive than handling payroll on your own. You are also entrusting your payroll provider to get everything right. If the provider makes a mistake, you may face a rash of angry employees or a fine from the government (some companies offer an error-free guarantee to offset the latter).

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What online payroll services cost

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The cost of payroll services varies, but most follow a standard pricing structure: a flat base fee per month or per pay period. The per-pay-period providers charge you each time you run payroll, while per-month providers allow for unlimited payroll runs each month.

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Some providers offer multiple pricing plans for different levels of service. For example, a basic plan might include only the running of payroll, while more advanced and expensive plans might also pay your payroll taxes and print W-2 forms for your employees.

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Base fees range from $20 to $100, depending on the plan and provider. Most services also charge $1 to $15 for each paid employee or contract worker per month or pay period.

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Some services have added costs to use direct deposit, complete year-end tax services and set up the system.

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What to look for in a payroll service

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Not all payroll providers offer the same level of service. Here are some specific things small businesses should look for from a payroll provider:

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  • Features: Besides payroll processing and the handling of all tax obligations, you should consider whether the service offers multiple payment options, like direct deposit, paper checks and prepaid debit cards. You’ll also want to see if it offers multiple wage rates, garnishment payments, PTO management, workers’ compensation administration, unemployment insurance and detailed payroll reports.
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  • Ease of use: The payroll service should not be too complex to understand. It should have an easy-to-use interface that allows you to run payroll and add employees into the system in a matter of minutes.
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  • Cost: Naturally, businesses want to find a service that they can afford. In addition to the cost, you need to determine if a contract is required. Many services operate on a month-to-month basis with no long-term contracts, while others require yearly commitments. It is also important to factor in whether you’ll pay by the month or pay period. Depending on how often you run payroll, the pricing structure you choose could have big cost implications.
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  • Reputation: Find a provider with a strong track record and good online reviews; you’ll feel more secure knowing the company has dealt with the payroll issues you may face.
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  • Integrations: Whether the integrations are built in or can be created via open API, you want a payroll service that syncs with the programs you already use, like time and attendance systems and accounting software.
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  • Support: Look for a payroll service that provides help when you need it. You should ask whether you will have a dedicated support representative to be your main point of contact.
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  • Outages: Online payroll services are cloud-based, which puts businesses at the mercy of the payroll provider to keep the system up and running. Ask the provider whether the system has many outages and how often it is down for maintenance.
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  • Employee self-service: Your payroll service should allow employees to log in on their own to view their digital pay stubs and year-end tax forms.
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  • Added services: Some payroll providers offer various other services – human resources, benefits and retirement plan administration, etc. – that you can add to your plan.
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Questions to consider when choosing a payroll service

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Here are several questions to think about or ask the company when you’re looking for the best payroll service for your business:

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  • How often are its tax tables updated for compliance? It’s important to know how often your payroll service updates its tax tables, because they change as new laws are passed. Ideally, your payroll provider will update them every time a new tax law goes into effect.
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  • Does it have other clients in your industry? Ask your potential payroll provider if the company serves similar clients to your business. If it does, this may give the company an edge with you, as it has experience handling businesses like yours. However, lack of industry-specific experience should not automatically disqualify any services you’re considering.
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  • Can it integrate with your employee benefits offerings? Find out if the payroll service can integrate your employees’ benefits, such as paid time off, into the software and workflow.
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  • How will it handle your business as your company grows? If your company scales up and adds more employees, can your provider handle that growth? Share your expectations with your payroll provider, and learn how it will account for growth in your business.
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  • What security measures are in place to keep your company’s payroll data secure? Your payroll data includes all of your employees’ personal information, your business’s information and access to your business bank accounts. It’s essential that your payroll service has top-tier security that can protect your data from potential breeches.
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Benefits of payroll services

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The benefit of using a payroll service is that it saves you time, letting you focus on business operations and growth instead of crunching numbers and filing payroll taxes. Here are three other benefits of using a payroll service:

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  1. Convenience: You’ll send the provider all of your company’s information, and it will handle all the calculations and process your payroll. Many services make it easy to update any information through email or an online portal.
  2. \n
  3. Accuracy: If you’re not a trained accountant or bookkeeper, you may struggle to handle your own payroll, and it may take much more time than you’d like to do it right. Payroll firms will process your payroll accurately, and you can rely on them to stay up to date on tax laws.
  4. \n
  5. Compliance: Payroll firms know all of the state and federal laws and will ensure that you comply with them. This can save you the hassle of legal issues and the associated fees.
  6. \n
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The best online payroll services

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There are a number of payroll services to choose from, but not all offer the same features and benefits. Some stand out from the pack in important ways. Here are some of the best online payroll services.

\n

ADP

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ADP is one of the largest and most trusted payroll providers and can support your business at every stage of growth. It works well for companies across all industries and is a particularly good option for businesses with complex needs. (See our ADP review.)

\n

Gusto

\n

You can use Gusto to manage your payroll tax responsibilities for both W-2 employees and 1099 contractors. Because it is cloud-based software, Gusto is easy to use and offers comprehensive HR services with access to HR experts. (See our Gusto review.)

\n

OnPay

\n

OnPay is a user-friendly payroll solution that caters to small businesses and startups. It offers straightforward pricing and allows businesses to run payroll an unlimited number of times. (See our OnPay review.)

\n

Paychex

\n

Paychex offers multiple payment methods for employees along with flexible payroll schedule options for companies. It’s a great option for businesses of all sizes and can accommodate all types of workers, including full-time and part-time employees, 1099 contractors, and freelancers. (See our Paychex review.)

\n

Online payroll FAQs

\n

If you’re still not sure whether an online payroll service is a good fit for you, here are several questions and answers that might help you come to a decision.

\n

What is a payroll provider?

\n

A payroll provider is a third-party company that helps businesses streamline tasks such as processing payroll, calculating payroll and expenses, filing taxes, handling deposits and withdrawals, reporting regarding new hires, and other critical accounting-related tasks. Payroll providers also can handle benefits deductions and benefit administration for employees.

\n

Do payroll services pay taxes on your behalf, or do they just calculate what you owe and you are responsible for filling out the forms and sending in the payment?

\n

Most payroll services handle all your payroll tax needs. Online payroll companies withhold the required taxes from your employees’ paychecks and set it aside for when your business needs to pay those taxes to local, state and federal agencies. Online payroll services also fill out the necessary forms and submit employee payments on your behalf.

\n

Many payroll providers guarantee their tax services. If they make a mistake on your payroll taxes, they will fix it and pay any incurred fines or interest. Ask any providers you are considering what liability they are willing to accept should an error occur.

\n

How important is it for the payroll provider you select to integrate with other services you use?

\n

A payroll service that integrates with other programs you use, like your accounting software or time and attendance system, can save you a lot of time. These integrations allow the programs to work seamlessly together. For example, accounting data can automatically be inserted into your payroll program without you having to enter any additional information. These integrations also reduce the errors that may occur when data is manually transferred between programs.

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How do I choose a new payroll provider?

\n

As we’ve seen, there are a number of considerations to keep in mind when choosing a new payroll provider. Some of the key considerations include cost, integration with existing systems, service and support, and ease of use. Always review online ratings and testimonials, and seek referrals and recommendations.

\n

Does it matter when you start with a new payroll service? Does it need to happen at the start of the year, or can you switch midyear?

\n

You can switch to a new payroll provider at any time. However, switching at the end of a calendar quarter can save your business some extra work.

\n

Choose wisely when selecting a payroll provider

\n

Payroll services can save companies time and money, but it’s important to choose wisely. The tips and information above should provide you with a good starting point for considering which service is most likely to meet your needs.

\n

Linda Pophal contributed to this article.

"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"3291","_score":2,"_source":{"canonical":"https://vaylees.com/5167-innovation.html","displayModified":"2023-11-13T13:28:33Z","docType":"article","editorsPick":false,"href":"5167-innovation.html","id":"3291","ID":3291,"isSponsored":false,"published":"2017-07-05T07:00:00Z","site":"bnd","stream":"Coming up with new ideas is essential to success. Learn how to tap into several innovation types.","subtitle":"Coming up with new ideas is essential to success. Learn how to tap into several innovation types.","title":"Entrepreneurs Answer the Question ‘Why Is Innovation Important?’","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Lead Your Team","slug":"lead-your-team"},"sub":{"name":"Strategy","slug":"strategy"}},"meta":{"robots":"index, follow","description":"New products and improvements to products are innovations. Learn the five innovation types and how to tap into innovation's power and potential. "},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04075930/Office_Flamingo-Images.jpg","caption":"Flamingo Images / Shutterstock","alt":""},"content":"

Every time your favorite brand rolls out a new product, that’s innovation in action. Every time one of your vendors introduces a new billing system that streamlines your payments, that’s also innovation.

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Innovation doesn’t have to be as game-changing as inventing the computer – in fact, you’ve probably been innovative many times throughout your life. This guide will explore the concept of innovation and show you how to innovate more consistently and conscientiously to improve your business’s revenue.

\n

What is innovation – and what is it not?

\n

One of the keys to business success is coming up with new ideas to keep operations, products and services fresh. Innovation is the process of bringing those ideas to fruition.

\n

Jacob Beckley, senior vice president of innovation at Fusion92, said that while innovation might have slightly different meanings depending on the industry, its core is universal.

\n

“[Innovation] embodies the improvement of something that has come before,” Beckley said. “It is the evolution of convenience, efficiency, and effectiveness.”

\n

According to Beckley, those who innovate best will ultimately have sustained entrepreneurial success.

\n

“In the vast sea of innovation, companies that take the largest risk, close the biggest gaps, and identify the newest opportunities are rewarded with the title[s] of true innovators and leaders by their consumers and peers,” he said. “These true innovators are setting themselves apart from any and all competition.”

\n

How does innovation differ from creativity and brainstorming?

\n

Innovation is about tweaking systems that are already faring well or pursuing related new opportunities, while creativity is the potential of your team’s brainpower to come up with innovative ideas. Creativity is a learned skill you can harness to bring ideas to the table. Innovation entails all the steps you take to introduce these new directions into your offerings.

\n

Another way to look at the difference between innovation and creativity lies in measurement. You can’t quite measure creativity – it’s about ideas and mental processes. But you can measure innovation by the number of products, services or operational changes to which creativity leads.

\n

Brainstorming has the same relationship to innovation as it does to creativity. Brainstorming involves gathering many minds to generate a “brain dump” of ideas, many of which your team ultimately won’t pursue. If creativity is the skill of coming up with ideas, then brainstorming is the act of generating ideas.

\n

Innovation begins when you take steps to turn your ideas into reality.

\n\n\n \n\n\n

What are the types of innovation?

\n

When trying to be innovative, businesses can choose from various strategies, each of which has advantages and disadvantages. Some of the different innovation process types businesses can employ include:

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    \n
  1. Open innovation
  2. \n
  3. Disruptive innovation
  4. \n
  5. Reverse innovation
  6. \n
  7. Incremental innovation
  8. \n
  9. Breakthrough innovation
  10. \n
\n

Open innovation

\n

As coined by Henry Chesbrough, educational director of the Garwood Center for Corporate Innovation at Berkeley Haas, open innovation uses internal and external ideas to advance a company’s operations.

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“Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively,” Chesbrough wrote in his book Open Innovation: Researching a New Paradigm (Oxford University Press, 2006). “[This paradigm] assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as they look to advance their technology.”

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Chesbrough believes open innovation is a more profitable way to innovate because, when done correctly, it can reduce costs, accelerate time to market, increase differentiation in the market and create new revenue streams.

\n

Disruptive innovation

\n

As coined by professor, author, and entrepreneur Clayton Christensen, disruptive innovation is when new products or services start at the bottom of the marketplace but eventually move up and displace their competitors.

\n

According to the Christensen Institute, the “theory explains the phenomenon by which an innovation transforms an existing market or sector by introducing simplicity, convenience, accessibility, and affordability where complication and high cost are the status quo. Initially, a disruptive innovation is formed in a niche market that may appear unattractive or inconsequential to industry incumbents, but eventually, the new product or idea completely redefines the industry.”

\n

Some examples of disruptive technology are the refrigerator being introduced to replace the icebox and mobile phones replacing home phones. Both products were not openly welcomed when they first hit the market, but over time, as they improved on their original designs, the products eventually took hold with consumers.

\n

Reverse innovation

\n

Reverse innovation is when products or services are developed first in developing nations. In an article for the Harvard Business Review, Vijay Govindarajan, co-author of Reverse Innovation, wrote, “At its core, reverse innovation describes solutions adopted first in poorer, emerging nations that subsequently – and disruptively – find a market in richer, developed nations.”

\n

Examples of reverse innovation include dried noodles that Nestle developed for use in India, which eventually became popular in Australia and New Zealand, and smaller-format Walmart stores, which initially were developed for use in Mexico but eventually became popular in the United States.

\n

Incremental innovation

\n

Incremental innovation is when companies make small changes to products and services to ensure their spot in the marketplace. Rather than changing the products or services completely, incremental innovation builds upon existing ones.

\n

Examples of incremental innovation include men’s razor blades, which started with one blade and now have three or four, and the automobile, which is consistently being updated with new features and technology.

\n\n\n \n\n\n

Breakthrough innovation

\n

Breakthrough innovation, also called “radical innovation,” is developing entirely new ideas and concepts that don’t build off existing products, services or operations. Often developed by research and development teams, breakthrough innovations can use new technology to climb to the top of burgeoning markets quickly. Examples of breakthrough innovations include the internet and transistors.

\n

How to encourage innovation on your team

\n

The problem is that too many businesses are trying to develop new ideas in ways that aren’t productive, according to author Maria Ferrante-Schepis, a veteran in the insurance and financial services industry who now consults with Fortune 100 companies. In an interview with Business News Daily, Ferrante-Schepis said it can be hard to see a need and invent a way to fill that need when you’ve been inside one business or industry for a long time.

\n

“You can’t innovate from inside the [proverbial] jar, and if you aren’t innovating, you’re just waiting for the expiration date on your business,” she said.

\n

To innovate successfully, businesses must install the strategies that best fit their needs and goals. Here are four tips to help you and your team strategize for true innovation and turn knowledge into money.

\n

1. Empower your team.

\n

When your team feels empowered to contribute at work, they’ll be more likely to share creative business ideas that could benefit your operations, products, or services. Empower your team members using fun employee engagement tactics that help them feel connected to your organization.

\n

You can also give employees more flexibility and the power to solve problems however they please. Transparency from leadership and management – and a lack of bureaucracy that keeps your team overly reliant on you – can also help.

\n

2. Prioritize collaboration over competition.

\n

Though friendly workplace competition can be healthy, competing is almost always unwise when innovation is the goal. Employees competing with each other might not share potentially innovative ideas out of fear that others will steal them. In a collaborative environment with a culture of inclusion, this fear disappears and the ideas start flowing. Your next innovation may lay somewhere within these free-flowing ideas.

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3. Don’t overwork your team.

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You can’t have innovation without creativity, and you can’t have creativity when you’re trying to do everything at once, all the time. It’s crucial not to overwork your team. A team member with too many tasks on their plate may become so focused on completing tasks that they lack the mental capacity for brainstorming. This blocked-off creativity does nothing for your innovation.

\n

4. Listen to what people want.

\n

Innovative ideas can also come from your customer base. Try conducting business surveys asking for customer input. Sending a text survey through one of the best text message marketing services is a quick and easy way to get feedback on what customers want. [Read our review of Textedly to learn more about a straightforward text marketing platform.]

\n

Ask customers what they like about your products and what they would change. Perhaps their suggestions could inspire your next innovation. Then, you and your team can get right to work on a new opportunity knowing you already have an audience.

\n

Max Freedman contributed to the writing and research in this article. Source interviews were conducted for a previous version of this article.

"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"3534","_score":2,"_source":{"canonical":"https://vaylees.com/8924-voip-for-business.html","displayModified":"2024-10-02T18:16:22Z","docType":"article","editorsPick":false,"href":"8924-voip-for-business.html","id":"3534","ID":3534,"isSponsored":false,"published":"2016-03-30T01:20:00Z","site":"bnd","stream":"VoIP business phone systems come in numerous forms and can elevate communications internally and with customers. Varying pricing structures, options and add-ons can allow for cost-effectiveness.","subtitle":"VoIP business phone systems come in numerous forms and can elevate communications internally and with customers. Varying pricing structures, options and add-ons can allow for cost-effectiveness.","title":"VoIP for Business: Understanding Cloud-Based Business Phone Systems","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Find A Solution","slug":"find-a-solution"},"sub":{"name":"SMB Solutions","slug":"technology-solutions"}},"meta":{"robots":"index, follow","description":"VoIP service can take your business practices to the next level. It’s important to understand your needs and network capabilities before you choose a service."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04082140/1554239948.jpeg","caption":"Brian A. Jackson/Shutterstock","alt":""},"content":"\n

Voice over Internet Protocol (VoIP) phone systems offer small businesses ease of use and scalability, and their suitability for remote use makes them ideal for on-the-go business owners and remote teams alike. These systems also offer high call quality that often trumps that of landline phones. However, you’ll need a strong internet connection to run a VoIP phone system effectively. As long as you have the bandwidth, though, these business phone systems can be a boon to business growth.

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What is VoIP?

\n\n\n\n

VoIP is an internet-based phone service. Rather than transmitting voice conversations through traditional phone lines, VoIP digitizes and routes the conversations through internet lines.

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“With VoIP, voice data is sent [via an Internet connection] in digital form rather than plugging into a traditional phone jack like you would over the public switched telephone network,” said Tina Liu, former senior product marketing manager for the 8×8 phone system. [Read related: 8×8 phone system review]

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VoIP technology has improved significantly since its commercial debut in the 1990s, and since then, its popularity has skyrocketed. In the early days, users complained that the sound quality wasn’t as good on VoIP as it was on landlines, but that isn’t true today.

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Editor’s note: Looking for a VoIP phone system for your business? If you’re looking for more information, use the questionnaire below to have our partner, RingEX, provide you with information for free:

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Benefits of VoIP

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So, how does VoIP work, and how can it benefit your business? Essentially, computer software records your voice and then codes it into a digital signal, which is then sent over the internet. All of this happens instantaneously. Here are some of the reasons why more small businesses are switching to VoIP phone systems:

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Call quality

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VoIP systems take advantage of advanced high-definition codecs that have vastly improved voice quality, making modern VoIP networks sound even better than landline networks, said Matt McGinnis, former associate vice president of product marketing for VoIP provider RingCentral, the company behind RingEX.

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Simplified equipment

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In addition to better sound quality, the cloud is also making VoIP a more viable option for small businesses. Companies that choose a cloud-hosted VoIP phone solution don’t need to purchase any equipment or employ an IT staff to install and maintain it. Cloud-based VoIP phone solutions can also operate without any physical office space, making them perfect for small remote workforces.

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“Cloud VoIP systems dispense with most of the upfront hardware and software and only require a broadband connection to activate,” McGinnis said. “This reduces the amount of capital expenditure needed and makes it easy to turn up and deploy.”

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The advancement of VoIP technology and its relatively low cost make VoIP an ideal choice for small businesses, but you should still do your homework before committing. Namely, compare and contrast potential vendors, as some may offer advanced features that your business doesn’t need at its age or size. Look for pricing packages with as few unnecessary features as possible — or, ideally, find one with only necessary inclusions.

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Ease of use

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Lisa Chu, owner of the children’s formal clothing company Black N Bianco, said she likes that her VoIP system has eliminated all of the complicated tech support that her landline required.

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“When the landline goes down, diagnosing and fixing the issues are never easy or quick, leaving me and my employees extremely frustrated,” Chu said. “VoIP is very user-friendly, and having the proper network, we have yet to encounter any significant issues that hinder our ability to communicate with our customers.”

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Scalability

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Using a cloud-based solution also makes it simple to add phone lines when new employees are hired, said Tyler Yost, director of strategy at the marketing company Blue Corona. He said his company has grown numerous times over the past five years, and each time, it was a simple process to add phone lines.

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“We click two buttons on the interface online, the phone arrives a few days later, we plug it into an Ethernet port and we’re off and running,” Yost said.

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Remote connectivity

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One of the biggest advantages of VoIP, especially for small businesses with employees who work remotely or in multiple locations, is that it allows employees to bring their business phone line with them anywhere they go. Most VoIP providers have a mobile phone system app that can be set up to ring when a customer or client calls an employee’s business line. Additionally, these apps allow employees to use their business line to make outgoing calls from their mobile phones.

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Elizabeth Becker, a client partner for the Florida-based IT staffing firm Protech, said she likes that the company’s VoIP system allows employees to be location-independent.

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“VoIP systems allow for business as usual, no matter where your employees may be physically sitting,” Becker said. “By having a VoIP system, it’s easier to give a little flexibility to employees while still staying connected.”

\n\n\n\n

Cost considerations

\n\n\n\n

Cost is another reason small businesses are making the switch to VoIP. Most VoIP providers charge a monthly per-user fee, rather than a fee based on how many minutes everyone in the company spends on the phone. In fact, some VoIP services are free, although free providers typically offer fewer features than paid services do. It’s entirely possible, though, that for new or very small businesses (or solopreneurs), the features that come with a free plan are all you’ll need.

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In addition, you don’t have to spend exorbitant amounts of money on special equipment and the IT staff to keep your VoIP running, resulting in further cost savings. Some cloud-based solutions cost as little as $10 to $25 per user per month.

\n\n\n\n

“A major advantage of VoIP and internet telephony is that it avoids the tolls charged by ordinary telephone service,” Liu said. “In addition, all of your business phone service, IM/Presence, mobility, video conferencing service and calling charges — including local, long distance and toll-free — can be consolidated with one VoIP provider.”

\n\n\n\n

Advanced features

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VoIP can match traditional calling features, like holding, transferring, call forwarding and caller ID. And with VoIP, features like call recording are much easier. The call is already digitized, so it’s extremely easy to add a feature to record the digital file.

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VoIP services can also integrate with other communication services, like chat and email. These features can organize communication by party and time, meaning you can seamlessly review a conversation that took place across multiple channels. Plus, VoIP offers powerful conferencing features, such as video integration. This unified communications infrastructure is ideal for keeping a small team connected at the office, when working from home or in hybrid arrangements.

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“For businesses where VoIP does make sense, there are many benefits, including [a] reduction in costs in terms of both maintenance and monthly recurring usage, ease of use and enhanced features that you would previously only find in an enterprise-level PBX,” said Chris Sherwood, an Oregon-based phone system consultant.

\n\n\n\n

Voicemail, virtual receptionists, call forwarding, call recording, on-hold music, voicemail-to-email, conference calling, video conferencing, instant messaging, call screening, missed alerts and call logs are among the many features offered by most VoIP providers. All these features benefit small businesses, but some may be relegated to higher-cost plans. Consider whether you’ll use these features enough to justify their added costs.

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Is VoIP right for you?

\n\n\n\n

Determining if a VoIP phone system makes sense for your business depends on the quality of your network and your needs, Sherwood said. For example, despite the many benefits of VoIP, it might not be a good choice for your business if your internet provider can’t support it.

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“Most importantly, you want to ensure they have enough upload bandwidth for the amount of phone calls they expect to have running concurrently,” Sherwood said.

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Switching to VoIP also might be inadvisable if you don’t have enough bandwidth to handle the other traffic on the network or your firewall and router can’t prioritize VoIP traffic over regular internet traffic, Sherwood said. On the other hand, if the network can support the extra traffic, VoIP is likely a good option.

\n\n\n\n

The best VoIP phone systems

\n\n\n\n

If you think a VoIP phone system is right for your business, check out our recommendations for the best business phone systems and VoIP providers:

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    \n
  • RingEX: VoIP business phone systems are great for collaboration, and this system maximizes those capabilities. The platform allows for up to 200 attendees for HD video conferencing, and business phone numbers are available in over 100 countries. Thousands of available integrations allow for a truly customized experience. Check out our in-depth RingCentral MVP review to learn more about the pros and cons.
  • \n\n\n\n
  • Zoom: Wait, Zoom for VoIP? That’s right! And for cost-effectiveness, it’s our pick. A metered, pay-as-you-go option is great for businesses that use phones infrequently but still need the service. And all phone plans come with the option to switch calls to video. Read our Zoom review to see if this option is right for you.
  • \n\n\n\n
  • Dialpad: With its AI-powered capabilities and 100% uptime guarantee, Dialpad is truly a modern VoIP option. AI plays a big role, with note-taking tools that give you post-call summaries with action items. This can be a real time-saver when your employees need to move on to other tasks after a call. Our Dialpad review will help you determine if this system is right for your business.
  • \n\n\n\n
  • NextivaONE: This phone system makes it easy to use analytics to adjust your practices, thus helping you pinpoint busy times across time zones and locations. Although this feature is primarily intended for established businesses with multiple locations, your small business may benefit from it if you have remote employees working in several time zones. You can also expect 24/7 customer service with all plans, as well as flexibility with the system’s mix-and-match plan options. Read our in-depth NextivaONE review to learn more.
  • \n
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The right business phone system can take your company and practices to the next level. Choosing the best fit for you is all about knowing your needs and network capabilities.

\n"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"1786","_score":2,"_source":{"canonical":"https://vaylees.com/8354-working-labor-day.html","displayModified":"2024-10-25T17:07:21Z","docType":"article","editorsPick":false,"href":"8354-working-labor-day.html","id":"1786","ID":1786,"isSponsored":false,"published":"2019-09-01T12:45:00Z","site":"bnd","stream":"Labor Day is typically a paid holiday, but not every worker gets to enjoy the day off. ","subtitle":"Labor Day is typically a paid holiday, but not every worker gets to enjoy the day off. ","title":"Working on Labor Day? You’re Not Alone","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Build Your Career","slug":"build-your-career"},"sub":{"name":"Work-Life Balance","slug":"work-life-balance"}},"meta":{"robots":"index, follow","description":"Labor Day is typically a paid holiday, but not every worker gets to enjoy the day off."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04075037/WorkingLaborDay_Antonio_Guillem-scaled.jpg","caption":"Antonio Guillem/Shutterstock","alt":""},"content":"\n

Labor Day, which falls on the first Monday of September, is one of the most common paid holidays in the U.S. It honors the contributions that workers have made to the strength, prosperity and well-being of the United States, according to the U.S. Department of Labor (DOL). While many people get to enjoy the long weekend, not all workers have the day off. Read on to learn when and why some employees are required to work on Labor Day.

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Who works on Labor Day?

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Historically, 70 percent of U.S. workers have received a paid holiday on Labor Day. Previous research from Bloomberg BNA (now Bloomberg Industry Group) found that even among businesses that give Labor Day off to some employees, 41 percent will still require some staff members to work.

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Technical and security workers are the most likely to work on Labor Day. The survey of more than 100 human resources and employee relations professionals revealed that 15 percent of employers are making their security or public-safety personnel and technical employees report to work on Labor Day.

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In addition, 13 percent of the employers surveyed will have professional employees working on Labor Day, 11 percent will have managers or supervisors on the clock, and 10 percent will have service and maintenance, sales, and customer service personnel report to work.

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Larger businesses are the most likely to have some workers report for work on Labor Day. The research found that 80 percent of businesses with at least 1,000 employees will require at least some of them to work, compared with 29 percent of small businesses.

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The study also found that 56 percent of nonbusiness organizations, such as hospitals and government agencies, will have some employees work on Labor Day, compared with 35 percent of nonmanufacturers and 30 percent of manufacturers.

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Labor laws and Labor Day

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Labor Day is one of the most common paid holidays, but there is no legal requirement for employers to give workers Labor Day (or any other day) off. Employers that choose to give their employees the day off are not required to pay them for the day.

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According to the DOL, the Fair Labor Standards Act does not require organizations to pay employees for time they don’t work. “These benefits are generally a matter of agreement between an employer and an employee (or the employee’s representative),” the agency says on its website.

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While paid holidays are not required by federal law, employees find this benefit appealing.

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“Paid holidays are a nice perk that can attract candidates and improve employee morale, as they provide employees a much-needed break without the worries of loss of income,” Lisa Porro, an HR consultant with Inspiring HR, told Business News Daily. “Labor Day also celebrates workers, and historically, many have had the day off to spend time with family and friends.”

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Although many employers pay those who work on Labor Day a little extra for their time, this is not required by law either. Under federal law, holidays are seen as a typical business day and not designated as overtime.

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Although they are not required to do so, 86 percent of employers give some extra compensation to employees who work on Labor Day, the Bloomberg research showed. Specifically, 27 percent of employers give time-and-a-half pay, 18 percent give both extra pay and compensatory time, 16 percent pay double time, and 16 percent reward employees with another form of extra pay, such as double time and a half.

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The study also found that 9 percent of employers provide extra days off in addition to regular pay. Less than 10 percent of the organizations that make employees work on Labor Day provide just regular pay.

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How to decide if your employees should work Labor Day

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When deciding which holidays to give employees off and how many, if any, employees should be required to work those days, employers should consider several factors, according to Porro:

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  • Fairness: Employers should consider finding an equitable method, such as a rotation, to determine which employees get which holidays off and which employees will work, rather than assuming that someone’s personal situation, such as their marital or family status, makes them more or less inclined to want time off.
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  • Religious holidays: Employees may ask for holidays off that correspond to their religious beliefs, and employers should consider accommodating these requests if it will not create hardship for their business. These do not necessarily need to be paid days off, but if there is a paid-time-off (PTO) or vacation plan, employees should be allowed to use that time in such a situation.
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  • Additional compensation: Some states require additional compensation or another day off in lieu of a holiday when an employee is scheduled to work while other employees get PTO.
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  • Shortened schedules: If holiday operating hours will be shortened, employers should ensure that employees who are scheduled to work are notified in advance. Some states require a minimum number of hours to be paid if employees report to work and are sent home earlier than scheduled due to a lack of work or early closing.
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Porro also said employers should have a well-defined written holiday policy that outlines company holidays, whether holiday pay is given those days, and if a premium is offered for employees who work if the company remains open.

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“If the holiday schedule changes, employees should ideally be notified in advance so they can make arrangements accordingly,” she said.

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The history of Labor Day

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The first U.S. Labor Day was celebrated on Tuesday, Sept. 5, 1882, in New York City. The first Labor Day celebration was a parade planned by the Central Labor Union, in which 10,000 striking workers marched from City Hall to 42nd Street. At the time, unregulated labor practices meant that many employees had to work 12- to 14-hour days, often in unsafe conditions. It wasn’t until three years later that the holiday spread to other industrial centers of the country.

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There is some debate as to who the true founder of Labor Day is. Many sources attribute Peter J. McGuire, who co-founded the American Federation of Labor, with starting the holiday. Others credit former Central Labor Union Secretary Matthew Maguire. Either way, while the first Labor Day happened in 1882, it took until 1894 for Labor Day to receive federal recognition. In the century-plus since, the holiday has become a standard day off for many, but not all, employees.

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Offering Labor Day as a paid holiday is commonplace

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For many workers who receive a paid holiday, Labor Day is an opportunity to relax and enjoy quality time with family and friends. However, certain job roles and functions may still be necessary on Labor Day. You can take steps to ensure that any employees who work on a holiday maintain a healthy work-life balance. If your office is open on Labor Day, holiday pay and a fair schedule can benefit employee morale.

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Natalie Hamingson also contributed to this article. Source interviews were conducted for a previous version of this article.

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A time and attendance system can benefit your business in numerous ways, especially when it comes to employee scheduling and payroll. With so many product choices, though, it can be challenging to determine which solution will best fit your needs. If you’re looking for a time and attendance system, here’s everything you need to know about what time and attendance systems are, what they offer and how to choose one. We also provide our picks for the top time-tracking programs on the market.

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Editor’s note: Looking for information on time and attendance systems? Use the questionnaire below, and our vendor partners will contact you to provide you with the information you need:

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What are time and attendance systems?

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Time and attendance systems allow employees to clock in and out of work electronically via time clocks, internet-connected computers, mobile devices and phones. Some solutions even offer the ability to punch in and out via text messages and other communication methods, such as Slack. When an employee clocks in or out through the system, the data instantly transfers to software that can seamlessly import the information into your payroll solution for proper time tracking and employee payment.

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However, these solutions do more than just track when employees come and go. They can also monitor mobile employees via geolocation and geofencing, manage paid time off (PTO), create employee schedules, provide detailed labor reports, and give business owners real-time data on who is working, who is not, who showed up late and who is nearing overtime.

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Time and attendance systems include self-service functionality that allows employees to handle many time-tracking tasks, such as reviewing the hours they’ve worked, their current and future schedules, and their PTO accruals. Intuitive built-in tools make it easy for workers, HR leaders and business owners to stay on top of attendance-related matters. [Learn how to create a PTO policy.]

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Many of these systems come in both cloud-based and on-premises solutions. The on-premises versions are stored on servers within your business’s on-site IT infrastructure, while the cloud-based setups are housed by the program’s vendor. In either case, users access the features digitally.

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Types of time and attendance systems

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Given the breadth of functions that time and attendance systems offer, it should come as no surprise that there are various types. When comparing products, you’ll probably encounter the following options for time tracking:

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  • Timecard: The timecard option is basically the classic mechanical punch clock in digital form. When you install a timecard system, you’ll give your employees a timecard that closely resembles a credit card. Team members simply swipe their card to clock in and out. These cards and their corresponding device readers automate time tracking, but just as with physical time sheets, there’s nothing stopping employees from swiping each other’s cards to cover for absent or tardy co-workers.
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  • Proximity cards, badges and key fobs: Instead of making you swipe a card, these time-tracking options rely on devices that scan identifying cards, badges or key fobs within a certain distance. Many of these tools aren’t just for clocking in and out; they can also track your employees’ movements within your workplace by granting access to certain rooms, hallways and other areas.
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  • Biometric : With biometric time and attendance systems, you’ll know exactly who’s checking in and out of your office. These high-tech solutions use facial recognition, fingerprints, eye scanning and other biological identifiers that are unique to each person to ensure the person clocking in is actually the person working. Of course, you’ll pay more for this high-end setup, but with your extra spending comes nearly foolproof time and attendance tracking.
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  • Web-based login: If your employees work remotely, you’re probably wondering how any of the above solutions could fit your company’s needs. That’s why web-based login stations exist. You can implement virtual time and attendance systems that allow your staff to sign in to work from their laptops, personal computers or mobile devices no matter where they are. All they need is a web browser. Our review of QuickBooks Time outlines one example of how a time and attendance system can serve mobile workforces.
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  • Interactive voice response: Another solution for remote employees is an interactive voice response (IVR) tool, which allows remote or field employees to clock in and out via a phone call. The staffer dials the number and goes through an automated system, much like when customers call a company for support.
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What to look for when choosing a time and attendance system

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With so many time and attendance systems on the market, it can be difficult to know which one is right for your business. When you’re shopping for such a solution, look for these attributes:

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  • Flexible time-tracking options: Look for a system that allows employees to record their hours in multiple ways, such as through a computer, phone, tablet, time clock or text message. This ensures employees have a variety of options for clocking in, regardless of their work location.
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  • Accurate timekeeping: Good time and attendance systems ensure companies pay their employees for the actual time they work, not for the hours they’re scheduled to work. Before you purchase a system, read user reviews to get a sense of how reliable it is.
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  • Tracking for all attendance matters: Choose a system that takes care of all your time-related needs, not one that only allows employees to punch in and out. These functions include employee scheduling and PTO management functions. In addition, if your company charges clients based on time, you may want a system that offers job-tracking logs to record how long your employees work on specific projects.
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  • Mobile compatibility: Because many employees and managers today work outside the office, you’ll want a system that is compatible with mobile devices so it’s accessible from anywhere. The system should allow your remote workers to not only clock in and out virtually but also track their locations so you know they’re working where they’re supposed to be. Geotechnology can be extremely valuable for restricting where employees can clock in and out from and for recording the exact locations where they start and end their shifts.
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  • Ease of use: Search for a system that is easy to use, has an uncluttered interface and allows employee self-service. The program should not be hard to learn and certainly shouldn’t require hours of training.
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  • Integrations: Choose a system that integrates with the applications and software your business already uses, such as your HR and payroll programs.
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  • Proactive alerts: Some systems provide notifications when employees are nearing overtime or forget to clock in or out. This can be helpful for controlling expenses.
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  • Audit trail features: The ability to view original time sheet data, along with any changes made by a manager or supervisor, can be crucial in the event of an audit.
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Pros and cons of time and attendance systems

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Overall, business owners and their HR teams should find time and attendance systems beneficial, but here are some specific advantages and disadvantages to keep in mind.

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Pros of time and attendance systems

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These are some of the benefits of time and attendance systems:

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  • No manual timecards: The biggest benefit of modern time and attendance systems is that they eliminate the need for manual timecards. The time is collected electronically, with the hours worked and corresponding pay calculations made for you automatically.
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  • Less human error: Because time and attendance software is automated, it reduces the chance of human error in calculations of labor and job costing. The system also frees up the person who was responsible for your manual time and attendance tracking to work on other tasks. Additionally, with fewer errors comes a lower risk of noncompliance with labor laws and regulations.
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  • More efficient time tracking: Another positive is that these systems manage all of your time-related needs — including employee attendance, PTO and employee scheduling — in one program. This can result in cost savings and a boost to productivity, as employees won’t waste time toggling between different programs to ask for time off or look at their schedules, and managers won’t need to switch between applications.
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  • More accurate payroll processing: With time and attendance software, you don’t have to round the time your employees worked to more convenient numbers that work better with your payroll calculations and pay rules. Your software of choice will automate — and ensure the accuracy of — all of your payments.
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  • Extensive integrations: Most time and attendance systems integrate with many other human resources tools, so they work together to improve all of your workforce management tasks, not just your attendance-related processes.
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Cons of time and attendance systems

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These are the main drawbacks of time and attendance systems:

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  • Cost: The biggest drawback of time-tracking systems is that they are more expensive than the manual method where employees write down their hours each day or punch in and out on a paper timecard.
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  • Occasional errors: Even the best software programs may experience occasional glitches. There’s always a mild risk of errors in tracking or calculation when you use any software, including time and attendance systems, although the risk is lower than with manual calculations.
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Costs of time and attendance systems

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The cost structure of a time and attendance system depends on whether you choose a cloud-based or on-premises solution. Cloud-based systems have small recurring monthly costs, while on-premises systems typically have large one-time fees.

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With on-premises systems, you pay all of your costs upfront. You can expect to pay several hundred to several thousand dollars for the software, user licenses for each employee, and installation. There are no monthly fees for the service thereafter. However, these one-time costs don’t typically cover any ongoing support or software updates.

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For a cloud-based system, most vendors charge a per-employee fee that ranges from $1 to $10 per month. Some cloud services also have a base or minimum monthly fee. Additionally, providers may charge a one-time setup and implementation fee. Unlike with on-premises systems, however, all software upgrades and support are included in your monthly expenses.

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One expense you might incur for either setup is a time clock. Many time and attendance systems work with a range of time and attendance time clocks, which can involve PINs, swipe or proximity badges, or biometrics such as fingerprint or facial scans. The complexity of the clock you select will determine the cost. Prices usually range from a couple hundred dollars for a basic clock to several thousand for a sophisticated biometric clock.

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Best time and attendance systems

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We researched and tested a wide variety of products to determine the best time and attendance systems. Here are five of the many great options available to your business:

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  • BambooHR: When you implement this software, you make it easy for your team members to track their hours spent working. Your staffers can submit their time sheets every week or after every pay period. Once the system has the time sheet data, it determines each employee’s pay and taxes, and you make the final sign-off before running payroll. Learn more in our full BambooHR review.
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  • Rippling: This time and attendance system excels at self-service. Your employees can quickly see their hours worked and ask for time off, and you can just as easily schedule your team’s shifts. The platform’s compliance features are also impressive; they automate your enforcement of meal break regulations and overtime laws. Explore this system via our in-depth Rippling review.
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  • Time Doctor: Fully automated time sheets are part and parcel of Time Doctor, as is the seamless syncing of these time sheets with your payroll software. You can also pull up daily activity data, including your team’s least-productive website usage and which employees are less productive than others. Read more about this time and attendance solution in our comprehensive Time Doctor review.
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  • When I Work: Your employees will automatically get clock-in and clock-out reminders when you implement When I Work. You can also restrict employee logins by time, location and channel. The program’s reports are especially great for making scheduling, hiring and budgeting decisions based on previous labor data. Discover what else this platform offers via our detailed When I Work review.
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  • TimeClock Plus: Biometric, browser-based, mobile and touchless time clocks are all available through TimeClock Plus. This time and attendance vendor also offers thermal sensors that detect when employees are attempting to clock in while sick. In addition, the software’s employee scheduling features are more advanced than those of many other platforms. Learn more in our extensive TimeClock Plus review.
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Choosing the right time and attendance system

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Although fancy-looking biometric time clocks might seem cool and exciting, the best time and attendance system isn’t always the most eye-catching one. Instead, you should choose the system that offers your business the highest value within your budget based on the research and product comparisons you’ve conducted. Keep the above information in mind when you’re evaluating different systems. Then, pursue free trials or product demos, and you’ll know intuitively which platform suits your needs best.

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Max Freedman contributed to this article. 

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If you want to boost your business’s productivity, encourage your employees to step away from their desks every now and then. Research both old and new has found a positive correlation between the ability to take short breaks and employee productivity rates. Here’s what those studies say about employee breaks and how you can (and should) act on their findings.

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Research and statistics on the benefits of employee breaks

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To better understand the relationship between employee breaks, productivity and other benefits, let’s dive into some of the research that’s been conducted on the topic in the past decade. Each of these studies provides some insight into how offering breaks and flexibility to your team can end up benefiting both your employees and your business.

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2014 Staples data about employee breaks

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In 2014, a Staples study found that more than 85 percent of employees believed taking regular breaks during the day would boost their productivity. Overall, more than one-quarter of workers didn’t take a break aside from lunch.

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The research discovered that 1 in 5 employees said guilt is the reason they don’t take any breaks, while 55 percent said they don’t feel they can leave their desk to take a break.

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The study also revealed that breaks can combat workplace burnout: 59 percent of those surveyed said more breaks would improve their work happiness, and 43 percent said it would boost their personal happiness. Additionally, 37 percent said regular breaks during the day would improve their health.

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The research shows that the key to getting employees to step away from their desks to recharge may lie in company break rooms. Nearly 60 percent of those surveyed said a well-stocked and comfortable break room would encourage breaks, while 76 percent said break rooms would allow them to unwind and relieve stress.

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The study was based on surveys of more than 200 office workers at organizations of all sizes across the U.S. and Canada.

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2019 Staples data about employee breaks

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A 2019 version of the aforementioned Staples study found that 90 percent of employees would feel increased morale from more flexible work arrangements. Part of such flexibility could include more capacity to take breaks.

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Similarly, 67 percent of employees said they would leave their jobs if their work arrangements became less flexible. The study otherwise focused on connectivity, workplace design and employee wellness.

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2021 clinical research about employee breaks

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A North Carolina State University study published in March of 2021 found that employees, especially fatigued ones, benefit from “microbreaks.” Occasional five-minute employee breaks led to increased energy and a greater likelihood of setting and achieving work goals.

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Upon the study’s publishing, other experts added that breaks can redirect blood flow from overworked parts of the brain and refresh cognitive functioning.

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The study found that employees in workplaces that emphasized employee health and wellness often took more breaks. They typically met their goals best when they had complete autonomy to take breaks on their own accord.

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2022 scientific review on microbreaks and performance quality

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A 2022 systematic review of research into short breaks and their impact on worker productivity and performance quality found that “breaks from work can improve task performance through beneficial resource-strain, cognitive, affective, and motivational mechanisms.”

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The review was led by Patricia Albulescu, a member of the department of psychology at West University of Timișoara in Romania. Albulescu and her coauthors noted that the existing research into breaks and productivity suggests that microbreaks of at least 10 minutes can improve employee performance.

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The authors of the review also noted that longer breaks may provide even better improvements, especially when recovering from particularly depleting tasks. So, while employees may be encouraged to take a 10-minute break periodically throughout the day, employees who complete a big project might be encouraged to take a longer break, such as going on a walk for 30 minutes to recharge.

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What other experts say about employee breaks

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John Trougakos, associate professor of management at the University of Toronto Scarborough, said job-related stress is an alarming trend plaguing workers and, as a whole, costs companies hundreds of billions of dollars each year.

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“However, these costs can be reduced with regular work breaks while improving employee effectiveness [and] satisfaction, and reducing strain and fatigue,” Trougakos said. “Disconnecting from work can do wonders for people’s energy and mindset.”

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“It’s important that employees understand the value of taking a quality break,” said Tom Heisroth, senior vice president of commercial and enterprise sales for Staples Advantage. “Disconnecting can increase their happiness, health and productivity.”

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How to encourage employee breaks

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If you want to encourage your employees to take short breaks throughout the day, consider the following tips:

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  • Provide healthy snacks and beverages. Employees want snacks, and the majority prefer healthy options, such as nuts and granola bars, compared to chips, cookies or candy. As a bonus, healthy diets can improve productivity, so this is a win-win.
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  • Think about comfort. Furniture is an important consideration for the overall comfort and appeal of the break room. Employers should provide furniture that allows employees to unwind with their snacks and beverages and socialize with colleagues.
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  • Disconnect when taking a break. Trougakos said employees need to mentally detach from work to restore the energy it takes to work productively. Thinking about work doesn’t relieve stress, and employees won’t fully recharge or maximize the usefulness of a break.
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  • Maintain a break-encouraging workplace culture. This helps reduce employee guilt over taking necessary breaks and makes breaks more effective. Ultimately, this will improve worker well-being and productivity.
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  • Encourage positive energy. Employees should do something during breaks to generate positive feelings, since these emotions are energizing and can improve creativity and increase productivity.
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What laws must employers follow for employee breaks?

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Although federal labor laws don’t mandate employee breaks, they do regulate how you must pay employees for their breaks. Under federal law, short breaks of up to 20 minutes qualify as fully compensable work time. However, if you offer a break period with a clearly established maximum duration, you don’t have to pay for breaks longer than that period.

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Federal law doesn’t consider meal breaks compensable. However, employees may feel more valued if you pay for their meal breaks as you would for other breaks. The best employee monitoring software can help you keep track of breaks. (For more information, read our review of InterGuard, which is especially helpful if you have remote teams.)

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Additionally, certain states have their own employee break laws that supersede federal law. In Maryland, for example, retail employers must give employees working four consecutive hours at least one 15-minute break. For six-hour shifts, the break period increases to 30 minutes. Eight-hour shifts require one 30-minute break and, in the law’s words, “an additional 15-minute break for every additional four consecutive hours worked.”

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When in doubt about whether you must pay for certain employee breaks, consult a local employment law expert. Though federal employee break rules are clear-cut, expert help can help you stay abreast of local laws — and any unexpected changes.

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Slow down to move faster

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As we learn more about productivity and employee burnout, it’s becoming clear that an “always-on” mentality isn’t the most effective. Instead, encouraging bursts of productivity followed by brief respites to recharge seems to yield better results. So, encourage your employees to take frequent breaks. Even keeping these breaks relatively brief could be a game changer for your business.

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Tejas Vemparala and Max Freedman contributed to this article.

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At most U.S. companies, employees have a paid day off from work on Thanksgiving so they can spend time with the people who matter most. The day after Thanksgiving, also known as Black Friday, has become increasingly recognized as an extension of the holiday. In fact, 20 states have designated the fourth Friday in November as its own distinct state holiday.

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Whether you’re a small business owner who’s preparing your business for Thanksgiving for the first time, an HR professional whose company is restructuring its holiday policies, or an employee who’s curious about how your employer’s policy stacks up against other companies’, you might be wondering how businesses typically approach the Thanksgiving season.

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The rise of the two-day Thanksgiving holiday

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Local and state governments often consider the day after Thanksgiving a paid holiday. Public and private schools across the U.S. are also closed the Friday after Thanksgiving, so students have an extra-long weekend. And, in recent years, more employers have begun following their lead and treating the day after Thanksgiving as a paid holiday.

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It’s not just about extending Thanksgiving into a four-day weekend. There appear to be tangible benefits for employers, like improved employee morale and increased productivity. The U.S. Bureau of Labor Statistics (BLS) tracks holiday policies as part of its National Compensation Survey. By looking closely at the ways businesses approach tricky “holidays” such as Black Friday, you can glean some insight into how to choose which days to designate as paid holidays.

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How do employers handle Thanksgiving weekend?

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Although the most recent BLS holiday data comes from 2018, it can still provide some instructive information and guidance as you consider the best paid holiday policy for your situation.

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All federal workers receive Thanksgiving off from work, as it’s a federal holiday. While nonfederal employers are not required to provide paid holidays, the vast majority do offer employees paid time off (PTO) for Thanksgiving. The BLS reports that 97% of civilian and private industry workers have PTO for the holiday, as do a whopping 99% of state and local government workers.

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Service occupations, which include retail and food service, are the least likely to have the day off; on average, 91% have this day off, compared with 99% of management, business, financial and professional laborers. This is because, while administrative offices almost always close for the holiday, many grocery stores, large retailers and restaurants remain open, though they may operate on altered hours. Despite these exceptions, most businesses are aligned in offering the day off.

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Holiday policies for the day after Thanksgiving vary much more than for Thanksgiving Day. Overall, 43% of all workers get a paid day off on Black Friday, but the differences across types of businesses are substantial.

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At the lowest end of the scale, only 21% of private industry service workers have a day off with pay. Civilian service workers are somewhat more likely to have the holiday off, at 30%. These figures are unsurprising, as Black Friday is one of the biggest shopping days of the year. Many retailers do elect to offer employees who work the grueling Black Friday shifts a bonus or time-and-a-half pay, even when they are not legally obligated to. Government service workers, on the other hand, are significantly more likely than the average worker to have the day off, at 68%.

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The group most likely to have a paid holiday the day after Thanksgiving, however, comprises state and local government construction, maintenance and natural resources workers, at 73%. Overall, 69% of government workers have the day after Thanksgiving off, compared with 43% for civilian workers and 39% of private industry workers.

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Interestingly, far fewer state and local workers in the Northeast have a paid holiday on Black Friday than in any other region. While Midwestern, Southern and Western states give employees the day off between 65% and 77% of the time, Northeastern states do so only 47% of the time. Overall, the percentage of companies providing a longer Thanksgiving holiday has remained significant, especially in comparison with the early days of the survey.

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What are the benefits of giving employees holiday time off?

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For several years, retailers experimented with opening earlier on Thanksgiving evening to prepare for the Black Friday rush. However, since the COVID-19 pandemic has shown people the essential role that workers in retail settings play in our society, expecting employees to work on Thanksgiving could actually hurt retailers’ reputations. According to a 2020 Accenture survey, 76% of consumers want stores to remain closed on the holiday so workers can spend time with their families.

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Offering employees holiday time off is not only helpful for maintaining your company’s reputation; it’s also important for fostering a positive company culture and preventing employee burnout. In addition, a competitive paid-holiday policy can help you attract strong candidates to your company. It signals that your business values your employees’ work-life balance, respects their needs and boundaries, and appreciates them as members of your team. In turn, these policies also minimize employee turnover. Showing your employees that you value their time and well-being fosters a culture of trust and mutual respect.

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Paid holiday time also increases productivity. A study conducted by Harvard Business Review found a strong, consistent correlation between time away from work and productivity in the workplace. Time away from work leads to not only better overall health and happiness at home but also greater success at work. Conversely, going into work while everyone else seems to be celebrating a holiday, or even taking time off without pay and having to stress about making ends meet, is harmful for both workplace morale and individual well-being.

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Finally, paid holidays offer practical and administrative advantages. Because many people travel to spend time with loved ones during the holiday, many employees will likely request paid time off on major holidays as well as the days before or after, like Black Friday. This can create a situation where too many people are out of the office for days at a time or where some people who do not receive the time off become dissatisfied with the workplace. Alternatively, some employees may be forced to use sick time, to their own detriment and to the detriment of the company. A generous paid-holiday policy can help you circumvent these issues.

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Choose the right holiday policy for your workplace

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While it’s generally a good idea to offer a robust and generous paid-holiday policy, the details of that policy will depend on your company’s needs. When possible, include the whole workplace in that decision. Companies with remote or hybrid staff, for example, may find that employees don’t want the day after Thanksgiving off because they can work on the go. Instead, they might want to replace it with a different day.

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It’s also important to note that federal holidays are not always the holidays your employees might celebrate, so you might want to swap them with other days. Floating-holiday policies can also be a great fit for workplaces with many employees from a wide range of cultures and religious traditions. No matter the situation, paid holidays are important for your company’s morale and your team’s well-being.

"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"3801","_score":2,"_source":{"canonical":"https://vaylees.com/6869-retirement-plan-features.html","displayModified":"2023-10-24T14:48:03Z","docType":"article","editorsPick":false,"href":"6869-retirement-plan-features.html","id":"3801","ID":3801,"isSponsored":false,"published":"2014-08-07T23:48:00Z","site":"bnd","stream":"Learn how to make the best decisions when choosing retirement plan options for your employees. ","subtitle":"Learn how to make the best decisions when choosing retirement plan options for your employees. ","title":"Employee Retirement Plans: A Buyer’s Guide","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Find A Solution","slug":"find-a-solution"},"sub":{"name":"HR Solutions","slug":"hr-solutions"}},"meta":{"robots":"index, follow","description":"When choosing a retirement plan, ensure your employees can get the maximum value from it. This guide offers an overview of employee retirement plans."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04073533/Employee-meeting-hiring-contract_fizkes.png","caption":"fizkes / Getty Images","alt":""},"content":"

Planning for retirement is important for employees, regardless of their age. That’s where employee retirement benefits come in. Employers can help employees prepare for their retirement by choosing the right benefit plan and vendor, and ensuring retirement options are both appealing and cost-effective. This guide explains what to look for in an employee retirement plan.

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What is an employee retirement plan?

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Many businesses offer an employer-sponsored retirement plan to help employees save enough money for their golden years.

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“At its most basic level, it’s a savings vehicle that employers can choose to offer to their employees that allows those employees to save for their retirement on a tax-advantaged basis,” said Chris Augelli, head of retirement channel marketing for U.S. intermediaries at T. Rowe Price.

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Workers can use employee retirement plants to set a percentage of their paycheck to invest in the plan each pay period.

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“It comes right out of the employee’s paycheck each and every time they are paid,” Augelli said. “It automatically comes out pretaxed and automatically gets invested into the plan.” [Looking for an employee retirement plan for your business? Check out our recommendations for the best employee retirement plans.

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Editor’s note: Looking for the right employee retirement plan for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs:

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How do employee retirement plans work?

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Employer-sponsored retirement plans are common in the workplace. It’s important to understand how these plans are structured and how your company – and your employees – can get the most out of your benefits package.

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Linda Wolohan, former communications manager for investment management firm Vanguard, said employee retirement plans come in a variety of shapes and sizes.

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“The type of plan can vary in features, and can vary in terms of whether the employer makes all the contributions to the plan, the employee makes all the contributions to the plan, or whether it’s a joint effort,” Wolohan said.

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A joint effort means the employer offers a matching contribution. Meghan Murphy, vice president and team lead for life events at Fidelity Investments, said that in addition to the money employees invest on their own, many businesses match a certain percentage of that amount with their own contribution to the employee’s retirement account.

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“A common match is 100% on the first 3%,” Murphy said. It works like this: if the employee goes over that 3% – contributing 5% of their paycheck, for example – the employer would just match the 3%.”

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With the uncertainty surrounding Social Security benefits, employer-sponsored retirement plans have become much more important in recent years, Augelli said.

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“People really need to be taking the onus for their own savings and personal retirement, and there is no better way to do that than to be [with] an employer who is going to offer you one of these plans,” he said.

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Benefits of employee retirement plans

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There are major benefits to offering retirement benefits to your employees, such as increasing productivity and attracting new talent. An employee retirement plan can form the backbone of your benefits package and become part of a positive company culture that increases employees’ well-being.

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To break down the importance of employee retirement plans, we’ll address possible benefits from two different viewpoints: employees and employers.

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Employee benefits

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1. Employees can save money for retirement now.

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Employees who take advantage of employer-sponsored retirement plans “will be ready when retirement comes,” Murphy said. “Our goal is to allow people to retire and live the same lifestyle they are accustomed to, but in order to do so, they need to save.”

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The earlier in their careers employees start using these plans, the more advantageous the plans can be.

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“If you start saving when you’re young, you can save a lot of the dollars that you’re going to put into the plan, because you have such a longer time horizon over which those dollars are going to be earning [more money],” Augelli said. “Put those dollars to work for you, and take advantage of a longer time horizon – and you don’t even have to invest as many dollars to get to a healthy balance.”

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Murphy said the difference in starting to save for retirement at age 25 versus 35 is enormous.

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“The earlier you start to save, the more likely you will be likely to reach the amounts that are necessary to survive in a retirement that could be 30 years,” she said.

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2. Employees will benefit from tax advantages.

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Employee retirement plans come with many tax advantages. Augelli said most retirement plans allow employees to contribute money on a tax-free basis; the money isn’t taxed until it is withdrawn from the account.

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“So, if they go into retirement and take a withdrawal out of the plan, at that point, they are taxed,” Augelli said. “The assumption [is], though, if they are in retirement, they are likely going to be in a lower tax bracket than they were at the point at which those dollars were first earned.”

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Augelli said the contribution dollars go in on a pretax basis and become invested from every single paycheck. From there, the earnings start to compound. “Those earnings have accumulated pretax, which is a huge, huge advantage.”

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“By contributing pretax dollars into their retirement plan, employees are not only saving for retirement but also lowering their current taxable income,” Wolohan said.

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She said this is because the money is deposited into the retirement account before taxes have been deducted. “Say you earn $30,000 a year and contribute 12% – or $3,600 – to your company’s retirement plan. That reduces your current taxable income for the year to only $26,400.”

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3. Employees essentially receive free money from employer matches.

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Matching contributions are also a huge benefit to employees participating in a retirement plan.

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“If an employer is offering you a matching contribution, that is one of the few things in life that truly is free,” Augelli said. “That can quickly accumulate into a nice contribution that they are going to make into your retirement account.”

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Because the money comes out of your paycheck each month, employer-sponsored retirement plans offer a simple way to save for your retirement, he added.

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“Savings in these plans is easy and takes the indecisiveness out of it,” Augelli said. “It is a great way to invest in your own future.”

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Employer benefits

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1. Employees expect retirement plans.

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While the advantages to employees are fairly obvious, employer-sponsored retirement plans are also beneficial to the businesses that offer them.

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Retirement plans are an important part of compensation, Augelli said. “Employees are looking for an employer who is going to offer them access to a retirement plan.”

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The plans are especially enticing to employees when they include a matching contribution from the employer.

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“It is really seen as a value in the workplace,” Murphy said.

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2. Retirement plans attract new talent.

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Ensuring your employees are financially prepared for their retirement also benefits your business by helping you attract new employees, Murphy said. She said employer-sponsored retirement plans are a big part of a business’s workforce planning.

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Without some help in saving for retirement, Murphy said, employees might keep working for your company past typical retirement age just to earn a paycheck, which hurts your chances of hiring new employees who will bring fresh ideas to the table.

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3. Retirement plans reduce employee turnover.

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Many retirement plans offer vesting schedules, which can benefit employers. Vesting schedules are tied to contribution matches and ensure that employees who want all of the money their employer has contributed to their account don’t immediately take their money and run. Augelli said many businesses use vesting schedules as an incentive for their employees to stay with the company.

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For example, a typical vesting schedule is five years. Each of the first five years that an employee works for your company, they would earn 20% of the matching contributions, Augelli explained. If the employee were to leave after two years, they would get only 40% of the money your company could contribute to the retirement account.

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“You would keep that 40%, and the other 60% is a forfeiture,” Augelli said. “It is a cost-management tool for the employer.”

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Aside from this, there is evidence that employees highly value retirement benefits provided by their employers. The majority of respondents to TIAA’s 2022 Employee Retention Survey (82%) said benefits were highly important when considering changing jobs. Retirement benefits ranked among the most desired at 77%, according to the survey.

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Types of employee retirement plans

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Employers have many retirement plan options, each with pros and cons. For small businesses, the most popular options are 401(k) plans and Savings Incentive Match Plan for Employees Individual Retirement Accounts, commonly known as SIMPLE IRAs.

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401(k) plans

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Small businesses that don’t offer a SIMPLE IRA typically offer a 401(k) plan. Augelli said 401(k) plans provide employers with many more options and give employees the chance to contribute more money – up to $17,500 per year.

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“A 401(k) plan offers a lot more flexibility,” he said. “They have more flexibility in terms of which types of employees are eligible to take part in the plan, how fast employer contributions may vest or be earned by the employees, and you can defer more.”

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Murphy said that 401(k) plans were originally meant to be a supplemental source of retirement funds, since many employers also offered their workers some type of pension plan. However, over the past decade, many businesses have eliminated their pension plans, putting greater emphasis on the 401(k).

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“It is no longer supplemental,” Murphy said. “The 401(k) has become the primary savings vehicle for the majority of Americans who will retire in the upcoming years.”

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SIMPLE IRA plans

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Augelli said the SIMPLE IRA was designed specifically with small businesses in mind because these plans can be set up quickly for a low cost.

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“They really are meant to be more of a one-size-fits-all solution – basic in their design, but offered at a very reasonable cost,” he said. “It’s kind of like a starter 401(k) plan.”

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With a SIMPLE IRA plan, employers are required to make either matching or nonelective contributions and must allow all employees to participate in the plan. Employees are only allowed to contribute $11,500 per year to the account. These plans are generally available to businesses with fewer than 100 employees.

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SIMPLE IRA vs. 401(k)

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When employers are choosing between a SIMPLE IRA and a 401(k), they should consider the size of their business.

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“If this is a business with five employees or less, [a] SIMPLE IRA is probably going to be the right vehicle for you,” Augelli said. “You aren’t going to have a lot of need for customization, since you are most likely a smaller, younger firm.”

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Augelli said ADP, where he formerly served as vice president of product marketing and business development, suggests that businesses in growth mode with more than five employees strongly consider the 401(k) plan.

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“[The 401(k) will] give you those customizable levers to help you manage your expenses, help you manage different populations of employees in different ways, and also offer the maximum savings opportunity,” he said.

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Roth 401(k) and IRA

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Employers’ other retirement plan options include Roth 401(k) plans and IRAs. Under these plans, taxes are paid on contributions when they are invested in the account, rather than when they are withdrawn in retirement. These types of retirement plans are more liquid so employees can access them if needed.

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Simplified Employee Pension (SEP) IRA

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Simplified Employee Pension (SEP) IRAs are another option for employers. According to the U.S. Department of Labor, SEP plans allow employers to set aside money in retirement accounts for themselves and their employees. Under a SEP, an employer contributes directly to traditional individual retirement accounts (IRAs) for all employees.

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457 plans

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These retirement plans mirror 401(k) plans, but are offered only to state and government employees.

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How to choose a retirement plan provider

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While a good price and solid investment options should be top priorities when you’re choosing a retirement plan provider for your business, you may want certain features to ensure you and your employees get the most out of the retirement plan. The retirement experts and business leaders we spoke to offered some tips on features to look for in an employee retirement plan provider.

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Administrative assistance

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Considering most small business owners are incredibly busy, they should be looking for an employee retirement plan provider that will handle the entire administrative burden and make the process easy for them, Augelli said. That includes making sure the deferrals automatically come out of each paycheck and are properly deposited into the right investments.

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“These plans can be complex, and they can be time-consuming, so you want to go with an administrator who is focused on offloading a lot of your administrative burden,” Augelli said. “You want to choose someone who is going to do that work for you, who is going to make it easy, take [up] less [of your] time and keep you compliant.”

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Educational tools

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The best employee retirement plan providers offer educational tools to help employees with the daunting task of saving for their retirement, said Julia Missaggia, chief people officer at CMI Media Group and Compass.

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“We chose a retirement plan provider that has online calculators to help our employees estimate their retirement needs,” she said. “These can be accessed at any time, and they help our employees make informed decisions when it comes to their accounts.”

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Online access

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Missaggia said employers should also choose a retirement plan provider that allows employees to easily keep tabs on their retirement accounts.

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“If you don’t know how your account is performing, you don’t know what adjustments to make,” she said. “Therefore, we made sure our retirement plan website offers employees detailed information regarding the daily performance of their portfolio.”

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No kickbacks

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Scott Swisher, managing principal at Swisher Financial Services, said it’s critical to find an employee retirement plan provider that doesn’t take kickback payments from any of the mutual-fund companies in which they invest. Rather than choosing to invest in funds that offer employees the greatest chance to make money, providers that accept kickbacks are often selecting plans that give them the best chance to make money, he said.

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“Retirement plan providers who accept kickback payments from mutual-fund companies have a huge incentive to include [those] mutual funds in 401(k) plans, because if they do, they make more money, plain and simple,” Swisher said.

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Onsite visits

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Employers should look for an employee retirement plan provider that will send representatives to meet with employees face-to-face, to discuss both the retirement plan and retirement process. This is especially useful if your employees have a choice in plans, as selecting from a variety may be confusing to some employees.

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Automation

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Murphy said automation tools are a nice feature some employee retirement plan providers offer. These tools include automated investment options for employees who aren’t sure where to invest their money, and automated enrollment options, which automatically sign up all new employees for the retirement plan as a way to encourage them to participate.

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“There is [also] an auto-increase that, once people are in the plan and actually contributing, helps them bump up their savings a little bit each year,” Murphy said.

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Mobile app

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It’s also important to find a retirement plan that gives employees constant access to their accounts through their mobile devices, Murphy said.

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“Having a good mobile strategy makes it really easy for people to save,” she said. “They can then access their accounts on their phone or tablets.”

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Between poor connections, annoying background noise, participants not knowing what’s being discussed and off-topic conversations, a conference call can quickly run off the rails. As with any other type of meeting, no one wants to sit through a call where nothing is accomplished. This is especially true with the awkwardness traditional phone-only conference calls can inspire when body language and nonverbal cues are missed.

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However, remote and hybrid work arrangements are becoming the norm, which means conference calls are here to stay. Fortunately, videoconferencing can ease some of the issues surrounding typical conference calls. With that in mind, we’ve put together a primer on how to maximize productivity in video meetings to ensure they’re a truly useful communication tool for your business.

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Editor’s note: Looking for the right video conferencing service for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs.

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How to host a productive videoconference

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To help business owners host productive videoconferences, we sought advice from seasoned professionals who regularly host and participate in these types of meetings. Here are 10 tips they offered on how best to boost productivity in videoconference calls.

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1. Offer different service options.

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As a freelance small business and communications consultant, Rob Swystun participates in numerous videoconferences. To make sure these meetings run smoothly, he is flexible about the videoconferencing software he uses. For example, some clients may prefer Skype, while others use Zoom. [See our comparison of Zoom versus RingCentral.]

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“I always let the clients choose [the platform] so they are comfortable,” Swystun said. “This guarantees that there won’t be any fumbling around and wasting of time with a service that they are unfamiliar with.”

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2. Choose a proper setting.

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Christopher Westfall, Sr., general manager of the Senior Savings Network, said choosing a quiet and appropriate location is critical for those who are hosting or participating in video calls outside the workplace.

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“The environment where the participant will be connecting to the meeting is important,” Westfall said. “Babies crying, dogs barking, kids running through the house are not conducive to a productive exchange.”

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3. Be on time.

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Shannon DeJong, CEO of House of Who, said a lot of time is wasted when latecomers join the meeting and give the obligatory apology.

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“This takes significant effort, since punctuality is deeply rooted in a company’s culture, and especially apparent with inter-company calls,” she said.

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To develop videoconference punctuality habits, DeJong suggests having meetings start at five past the hour or at another odd time, so people take more notice of the start time. She said to put in the description of the agenda, “We will start exactly at 9:01” or “Please be punctual.”

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“If punctuality is difficult [for some attendees], begin the meetings on time anyway, and embed a culture of ‘don’t be late, but if you do, come in quietly’ to avoid all the small talk and apologies,” DeJong said.

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4. Use the right tools.

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Videoconferencing tools like 360-degree cameras, screen-sharing and virtual meeting hosts help ensure all employees can follow what’s going on and stay engaged, said Frank Weishaupt, CEO of Owl Labs.

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“But most importantly, these tools will help remote participants feel like they are in the room, instead of just a fly on the wall,” he said. “Remote participants are more likely to contribute to the meeting when they don’t feel like their presence was an afterthought.

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5. Make sure the tech is working properly.

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Dave Crenshaw, a productivity and leadership consultant, said that to ensure the meeting starts on time and runs smoothly, check that the conferencing service is working properly before your meeting begins.

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“Ensure your face is visible and clear, that you are able to screen-share for easy collaboration and that background noises are minimized by being in a quiet, private space,” he said.

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Business News Daily’s videoconferencing cheat sheet outlines what features you should test on Zoom, Skype, Microsoft Teams and GoTo Connect for a better experience.

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6. Turn on your video.

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Too often, videoconference participants don’t turn on their video cameras during meetings. Suz O’Donnell, a portfolio leader at Point B, said this is a huge miss.

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“The whole conversation changes when your face is also on the video,” she said. “You can see each other’s expressions, feel more like a team, and it will prevent almost everyone from multitasking.”

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O’Donnell said multitasking is significantly more difficult when others can see you, explaining, “This means your remote workforce cannot be in a meeting with you while also checking email, finishing a spreadsheet or checking their phone. This will kill your organization’s productivity.”

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7. Keep everyone muted.

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Background noise can be particularly distracting during a videoconference call. That’s why Ciara Hautau, a senior digital marketer at Sparro, believes it’s vital that everyone turn their microphones off when they aren’t talking.

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“You can’t imagine the things that we hear in the background: other employees chatting, people typing, street noise, etc.,” she said. “It’s super distracting. Ensure that the only person who has their audio on is the person speaking. This helps keep the meeting more focused, and everyone can clearly hear and communicate.”

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8. Have an agenda.

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Preparing an agenda and sending it out prior to the meeting is a step nearly every videoconference expert advises. A set agenda lets everyone attending know exactly what will be discussed. That way, participants can come prepared to weigh in on those topics.

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Daniela Andreevska, a freelance content strategist and creator, said an agenda helps people prepare for the meeting and follow along with the discussion.

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“For maximum productivity, it is recommended to have [listed] not only the topics you need to go over but also how long you plan to stay on each,” she said. “This will show participants the importance of each issue and the level of detail in which you’d like to discuss it.”

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9. Put someone in charge.

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For a meeting that’s organized throughout and concludes with specific results, you need to have one person who is in charge of the discussion, according to Andreevska.

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“This doesn’t necessarily have to be the person who hosts the meeting or who has organized it,” she said. “You can delegate the task to your colleague with the most expertise in the issue that’s the focus of the meeting.”

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The host should coordinate with that person to help prepare the agenda.

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“At the beginning of the meeting, if you are the host, start out the meeting by introducing the topic and the person in charge, and then let [them] lead from there on,” Andreevska said. “Of course, if you see that the meeting is losing focus, you can intervene, but try to keep your interventions to a minimum.”

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10. Keep it professional.

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One way to keep videoconferences productive is to stay on topic and limit the nonwork-related chatter, said Carlo Borja, head of online marketing for Time Doctor.

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“It’s OK to talk about personal stuff in between [topics], but it should not distract everyone from the agenda,” he said.

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Following proper business etiquette is particularly important in client meetings.

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Importance of videoconference meetings

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With remote work, or variations of it, here to stay, videoconferences have quickly become the meeting method of choice for many organizations. That’s because video technology enhances the communication experience more than a typical phone call.

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Joe Manuele, former senior vice president of corporate and business development at communications platform company Dialpad, said audio-only conference calls are subpar because they don’t give participants the opportunity to see those who are speaking and get the full meaning of what is being said. [Learn about Dialpad’s videoconferencing tools in our detailed review of the Dialpad business phone system.]

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“Seeing someone face-to-face in a video ensures they can communicate verbally and nonverbally and create an in-room feeling for remote callers that allows them to feel comfortable and fully participate,” Manuele said.

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Furthermore, videoconferencing connects people regardless of location, allows participants to present information on-screen, and makes collaboration easier. You just have to use such meetings wisely.

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“Hosting productive video meetings is mission-critical in today’s current work environment,” said Manuele. “When meetings become time sucks, they lead to frustration for everyone involved and waste money for the business.”

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Underscoring the importance of videoconference meetings — and the need to run them efficiently — are findings from Dialpad’s State of Video Conferencing. According to the company’s research, the typical person has an average of 9 or 10 videoconference meetings a month. Altogether, almost 40 percent of workers spend between 10 and 30 percent of their week in videoconferences.

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With that much time devoted to video meetings, they need to be worthwhile. Otherwise, you’ll miss out on the benefits your business stands to gain from videoconferencing and, rather than improving productivity, you’ll end up lowering it.

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Maximizing videoconference calls

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Love them or hate them, videoconference calls are part and parcel of modern business. However, much of the inefficiency and awkwardness of these meetings can be easily fixed by following the tips above. For companies still struggling to find their flow, check to see if the platform you’re using suits your business-use cases. If it doesn’t, read our roundup for the best business phone systems for small businesses. A number of solutions feature stellar videoconferencing capabilities.

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Jeremy Bender contributed to the writing and reporting in this article. Source interviews were conducted for a previous version of this article. 

"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"1977","_score":2,"_source":{"canonical":"https://vaylees.com/15191-emotional-intelligence-hiring.html","displayModified":"2024-11-21T21:42:19Z","docType":"article","editorsPick":false,"href":"15191-emotional-intelligence-hiring.html","id":"1977","ID":1977,"isSponsored":false,"published":"2019-07-05T17:00:00Z","site":"bnd","stream":"Are you prioritizing emotional intelligence on your team? It can have a big impact.","subtitle":"Are you prioritizing emotional intelligence on your team? It can have a big impact.","title":"Emotional Intelligence Skills: How to Spot Them in Hiring","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Grow Your Business","slug":"grow-your-business"},"sub":{"name":"Your Team","slug":"your-team"}},"meta":{"robots":"index, follow","description":"Research says that emotional intelligence is more important than IQ and technical skills. Learn how to focus on EQ in the hiring process."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04075435/Manager-one-on-one_Sergey-Nivens_shutterstock.jpg","caption":"Sergey Nivens / Shutterstock","alt":""},"content":"\n

In today’s environment, many employers put a premium on workplace collaboration. So, hiring employees who can understand and control their emotions — while also identifying what makes those around them tick — is of the utmost importance.

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There are many traits to look for when hiring the best employees. You’ll consider the candidate’s past job experience, aptitude and workplace culture fit. However, you should focus on one trait above all else: emotional intelligence (EQ). We’ll look at what EQ means, why it’s essential in the workplace and how to hire emotionally intelligent people.

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What is EQ?

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The term “emotional intelligence” was first unveiled in a paper written by Peter Salovey and John D. Mayer. According to the Yale Center for Emotional Intelligence, Salovey and Mayer developed the theory while painting a house.

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“Over fresh coats of paint, the two friends and collaborators lamented that theories of intelligence had no systematic place for emotions,” according to the website. “Using each of their expertise, they articulated a theory that described a new kind of intelligence: the ability to recognize, understand, utilize and regulate emotions effectively in everyday life.”

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Annie McKee defines EQ in the workplace as the ability to understand and manage your emotions while grasping other people’s emotions and motivations. With these skills, an emotionally intelligent employee can help a team work together on shared goals.

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“Whenever you put two or more people together, they need to learn how to work together, and EQ is a huge part of that,” said McKee, a senior fellow at the University of Pennsylvania Graduate School of Education and director of the PennCLO Executive Doctoral Program.

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How to hire for EQ

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While many employers understand the importance of finding employees with a high EQ, how do you make this search part of your hiring process? Here are some important steps to take.

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1. Commit to focusing on EQ.

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Employers must first commit to looking for emotionally intelligent employees, according to McKee. She said that employers will often say this is a quality they want; however, when the hiring process actually starts, they become laser-focused on resumes and job skills.

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“The first step is acknowledging openly that EQ is one of your top criteria for hiring,” McKee said. “It is one of the things you are going to recruit on and one of the things you are going to screen candidates on.”

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Once you’ve made that commitment, you need to dig in during the interview process; this means getting candidates to explain things they have done in their past that displayed EQ, such as leading a team through a rough patch.

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2. Bring EQ into the interview.

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One technique McKee suggests is conducting an advanced behavioral interview. She said that hiring managers could use this to identify a quality — EQ, in this case — they want in that employee’s skill set.

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“Ask about experiences, last job, where they are going in the future, strengths and weaknesses,” McKee said. “They are all useful. You get a sense of their interpersonal style and comfort [with] having a conversation in a stressful situation and a sense of the fit for the culture.”

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McKee said that you also have to dig deeper to see previous examples of their EQ. Hiring managers can ask job candidates to talk about a time when they were working on a team and felt they and the team were successful.

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“I want to hear about what you did to make that happen,” McKee said. “Oftentimes, people will say something vague. Push them to really talk about what they do until you get to the point of them telling you things like, ‘Well, the team didn’t start very well. In fact, we had some conflict. I sat back and tried to understand what the conflict was about, and then one by one, I tried to reach them.’”

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McKee said that getting an answer that covers what people did, thought and felt about the situation, and their actions is paramount. Then you can get a much better sense of the candidate’s EQ.

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Bill Benjamin agrees that the best way to determine someone’s EQ level during the hiring process is to ask interview questions that put them in stressful situations; this method can draw out emotional responses. “This way, you can understand how they have responded to pressure, conflict and difficult emotions in the past, as well as observe how a candidate reacts to emotionally based questions,” said Benjamin, a partner at the Institute for Health and Human Potential.

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3. Ask relevant questions.

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In addition to common interview questions, these are some of the interview questions Benjamin suggests that hiring managers ask:

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Can you describe a time when you:

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    \n
  • Were given critical feedback?
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  • Had tension or conflict on a team?
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  • Were faced with a difficult conversation?
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  • Had a change instituted that you didn’t agree with?
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  • Were tasked with coming up with a creative solution under pressure?
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  • Made a mistake?
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For each question, Benjamin said, hiring managers should ask the candidate follow-up questions about the thoughts and feelings they had and the actions they took.

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If someone can’t answer a question, Benjamin said, it may be a sign that they shy away from tough conversations or have trouble admitting mistakes. He said hiring managers should use the answers to gauge how much self-awareness the candidate has of their thoughts and emotions. If they have trouble describing situations, they may lack emotional awareness.

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For those who can describe specific situations, Benjamin encourages hiring managers to consider whether their actions demonstrate the ability to take ownership; he said they should also consider whether the actions show personal accountability and the ability to step into pressure situations.

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“While you need to ensure that people meet the minimum requirements of EQ, experience and technical skills, the bottom line is: If you aren’t hiring and developing people for EQ skills, you are not going to be competitive in the future,” Benjamin said.

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Why EQ skills are important in the workplace

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When employers seek top performers, research shows that they should start by looking at EQ. Benjamin said research by Harvard University, the Institute for Health and Human Potential, and many others has determined that EQ counts for twice as much as IQ and technical skills combined in determining who will be a star performer.

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Benjamin said EQ is by far the most critical hiring factor to consider.

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“Provided people have the [necessary] threshold experience, IQ and technical skills, EQ either makes or derails a candidate’s performance and career,” he said.

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Here’s a look at the factors that make a potential employee’s EQ so important.

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EQ may outrank IQ.

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“It’s not that IQ and technical skills aren’t important, but they are threshold competencies: You need a certain amount of them to do any job, and once you are over the threshold, getting more IQ and technical skills doesn’t significantly improve performance,” Benjamin said. “It’s often said, ‘IQ and technical skills get you the job, and EQ gets you the promotion.’ Or the corollary, ‘IQ and technical skills will get you hired, and EQ will get you fired.’”

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The World Economic Forum (WEF) 2020 Future of Jobs report says that EQ is one of the 10 most in-demand skills; also, it will remain there through at least 2025.

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“Overall, social skills — such as persuasion, EQ and teaching others — will be in higher demand across industries than narrow technical skills, such as programming or equipment operation and control,” according to the WEF. “In essence, technical skills will need to be supplemented with strong social and collaboration skills.”

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Jobs are evolving.

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McKee believes that as more “dull and dangerous” jobs fall by the wayside in favor of artificial intelligence and machine learning, EQ will be even more critical; she points out that the remaining jobs will involve things that machines can’t do. This includes jobs requiring complex thinking and envisioning the future — jobs that require understanding your values, emotions and thought processes.

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McKee said that these jobs will also necessitate understanding how to work with people vastly different from ourselves; it will also involve learning how to read people so we can guide them individually and collectively toward a common goal.

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Leaders have more impact than ever.

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While EQ is essential for all employees, McKee believes that it may be even more critical for those in charge. She said that managers and other leaders set the tone for the entire workplace; therefore, good managers must understand how their emotions can impact those around them.

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“If they aren’t able to understand their own impact on people — for example, they don’t understand when they are having a bad day and when they are stressed out — [that]’s contagious, literally,” McKee said. “And then other people will start to have a bad day; [then] before you know it, everyone is, and no one is thinking as clearly as they need to.”

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How to improve employees’ EQ

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Sometimes, employers must work with what they have, which means improving their current employees’ EQ. Here are a few ways to accomplish this:

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    \n
  • Train for each EQ domain. Offering interactive training programs and more long-term coaching support can will help build, enhance and maintain the four domains of EQ (self-awareness, self-management, social awareness and relationship management). While an employee may not have a customer-facing or interactive role, any employee expected to communicate with team members should use EQ to manage professional relationships better and tend to their own emotional regulation needs.
  • \n\n\n\n
  • Practice meditation. Tina Hawk, senior vice president of human resources at GoodHire, said that a significant aspect of developing EQ is our ability to self-regulate emotions. Meditation is one of the most effective and popular methods for achieving this. It’s also important for organizations to understand workplace stress and offer stress-reduction opportunities and employee wellness plans. Highly stressed individuals usually struggle to regulate their emotions.
  • \n\n\n\n
  • Set an example. Employees look to leaders to set an example for many things in the workplace — regulating and properly displaying emotions is one of them. If managers or higher-ups take steps to improve their EQ, it sends a message to employees that this is something the company values; this may encourage employees to improve their EQ.
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  • Get HR involved. Your HR department, or whoever has an HR role in the company, should be directly involved in creating formal processes for improving EQ. These processes can be part of successful onboarding or retraining programs for current employees. Making it a formal program will make employees feel like it’s vital to their job — hopefully spurring them to take it seriously and practice EQ in their work and personal lives.
  • \n
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EQ helps teams flourish

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When you add team members with high levels of EQ, especially in leadership positions, you can expect improved team dynamics. Emotionally intelligent teams display better communication, collaboration and problem-solving, not to mention contribute to a healthier workplace culture. Not only can you hire with EQ in mind, but you can also coach and develop EQ amongst your existing employees. Doing so could lead to some measurable improvements in your business.

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Tejas Vemparala and Jennifer Post contributed to this article. Source interviews were conducted for a previous version of this article.

\n"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"1941","_score":2,"_source":{"canonical":"https://vaylees.com/5037-credit-card-processing-services.html","displayModified":"2024-10-21T20:51:29Z","docType":"article","editorsPick":false,"href":"5037-credit-card-processing-services.html","id":"1941","ID":1941,"isSponsored":false,"published":"2019-07-16T15:20:00Z","site":"bnd","stream":"Reading the fine print is critical when choosing a credit card processing service.","subtitle":"Reading the fine print is critical when choosing a credit card processing service.","title":"What to Look For in Your Credit Card Processing Service Agreement","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Grow Your Business","slug":"grow-your-business"},"sub":{"name":"Finances","slug":"finances"}},"meta":{"robots":"index, follow","description":"Before you sign a contract with a credit card processor, you need to know what fees and terms you're agreeing to. Here's what you need to watch out for."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04075403/Credit-card-processing_Africa-Studio-1.png","caption":"Africa Studio / Shutterstock ","alt":"credit card processor"},"content":"\n

It’s not just helpful to accept debit and credit card payments anymore — it’s expected. Research from an S&P Global Market Intelligence report revealed that 56 percent of consumers preferred paying with debit or credit cards. This data proves the importance of handling credit card transactions, prompting many businesses to employ credit card processing services. While many providers boast about their cheap rates, low fees and mobile options, they aren’t always upfront about costs. That’s why it’s crucial to closely examine your credit card agreement.

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Editor’s note: If you’re looking for information to help you choose the credit card processor that’s right for you, use the questionnaire below to have our vendor partners contact you with free information.

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What is a credit card agreement?

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A credit card agreement is a contract that details the fees, rates and other provisions a business is subject to when it signs up for and uses a credit card processing service. Often, the contract includes elements like the application, the terms of service and the program guide. It also includes the terms that a company might most strongly object to, though these are often hidden deep in the text or are not adequately detailed by the credit card processor’s sales agents — or, in some cases, both.

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What is included in a credit card processing agreement?

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Some of the most important items you might see in a credit card processing agreement are often hidden among more obvious provisions, including how to close your account and how you’re penalized if you do so before the end of your term. These less obvious credit card agreement components include the following:

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  • Withheld funds
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  • Withdrawn funds
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  • Length of commitment
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  • Termination fees
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  • Equipment fees
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  • Rate structure
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We’ll explain these items in depth in the following sections, advise you on what to do when you encounter these inclusions and explain how you can make a contract with unfavorable inclusions work better for your company.

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What to be aware of in your credit card agreement

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Phillip Parker, a credit card services provider expert and founder of CardPaymentOptions.com, says it is critical to have a full understanding of any credit card processing service contract you are signing and to always read the fine print.

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“Salespeople rarely disclose all of the fees and terms of service verbally and are not required to do so under the law,” Parker told Business News Daily. “It’s important to read the fine print so as to make sure you know what you are getting yourself into.”

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One of the most important reasons to carefully read the contract is to get a clear understanding of the processing fees you will be paying. Melanie Stout, a partner with Paul Larsen Consulting, said there are two primary pricing structures: bundled pricing and interchange plus, which is also known as interchange passthrough.

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Stout said bundled pricing terms typically consist of a fixed transactional fee plus basis points on the amount of the transaction, while interchange passthrough fee structures are more transparent and include a breakout of the fees that the card brands charge and separate fees to the processor.

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“In these scenarios, processors may charge transactional fees, basis points on the deposits or a combination of the two,” Stout said. “In addition to the straight processing costs, acquirers will often levy fees for additional services, including but not limited to chargebacks, reporting, ACH deposits, account updater (for recurring or card-on-file merchants) and more.”

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Parker said there are several clauses in a credit card processing services contract that your provider might not be so quick to share with you.

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    \n
  • Withholding funds: Merchant services providers can withhold funding on a business’s transactions and establish cash reserves — cash deposits used to cover potential losses due to fraud or customer chargebacks — without prior notice.
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  • Withdrawing funds: When your business grants a provider access to electronically deposited funds from your credit card sales into your checking account, you are also giving it access to withdraw funds without prior notice. Withdrawals can include funds for cash reserves, fees owed and penalties.
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  • Early termination: Most merchant account contracts lock merchants into a service agreement of one to five years. These contracts include early termination fees that usually range from $100 to $500 but, in some cases, obligate the merchant to pay any fees that would have been assessed throughout the remainder of the contract, which may add up to thousands of dollars.
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  • Equipment: While the provider will encourage leasing options, the cost of buying equipment is often one-tenth the cost of leasing it. In addition, most equipment leases (mobile card readers, countertop terminals, point-of-sale software and terminals, etc.), which are separate from the merchant account contract, have noncancelable terms of up to five years. In such cases, you must choose between paying a large lump sum to get out of the lease or continuing to pay the monthly fee until it expires.
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  • No interchange plus: Some providers will not offer interchange-plus rates, a much less expensive alternative to bundled pricing. It’s wise to inquire about interchange-plus pricing when setting up a merchant account.
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  • Has to be in writing: Many merchant account contracts state the provider will not honor anything an agent promises regarding pricing or contract provisions that are not actually in the contract, even if it’s apparent that the agent intentionally misled the business owner or omitted important details.
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The length of a payment processing contract is also something businesses need to be aware of when signing a contract, according to Stout.

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“When evaluating a contract, determine whether the length of commitment is appropriate for your business and the price being offered,” she said.

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Parker said that to protect themselves from being caught off guard by unknown fees, small business owners need to find a credit card service provider they can trust.

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“Research the provider [with] which you are considering doing business,” Parker said. “If the company has unfavorable contract provisions or business practices, other merchants will have filed public complaints.”

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In addition, he said, there are some keywords that business owners should be looking out for in any credit card service contract they sign.

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“Watch out for any provisions that state you must pay ‘damages,’ ‘liquidated damages,’ or any language that obligates you to pay a fee or another undefined amount for canceling service prior to the contract’s expiration,” Parker said. “You could be in for a nasty surprise if you need to cancel your service early.”

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How to review the credit card agreement

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Reviewing your credit card agreement thoroughly is key to avoiding potential pitfalls and ensuring you understand the terms. Here are some key steps to help you navigate this process effectively.

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Get it in writing

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If there is something you don’t understand in a contract, it is important to get answers. Parker encourages businesses to always get those answers in writing.

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“I recommend communicating all questions over email so that you have a record of what is explained to you,” he said. “This can greatly improve your chances of getting disagreements resolved quickly.”

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Get a second opinion

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Stout said most credit card processing companies have experts on hand for you to talk to, but some businesses feel more comfortable getting someone from outside the processing service to take a look.

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“If a merchant would prefer to get an unbiased opinion, there are consultants who specialize in payments,” she said. “In looking for a consultant for this, be sure that he or she is not getting a kickback from the processor. Consultants who only represent their merchant clients will typically be more objective in evaluating agreements, negotiating lower fees and helping ensure a successful processing partnership.”

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Negotiate

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If you see something in the contract you don’t like, there is usually room for negotiation. Stout said most providers will begin with a rack rate and terms that are strongly to their benefit. However, those should always be viewed as a starting point for negotiations.

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“All aspects of the agreement should be considered negotiable,” Stout said. “Merchants should first determine on which areas they are willing to concede in order to get better pricing or terms in another area.”

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Know when to leave

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In the end, Parker said, if the contract you are proposed rubs you the wrong way, you shouldn’t hesitate to search for another provider.

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“If it seems like things were being intentionally omitted during verbal discussions in hopes that you will just sign the agreement without reading it, or the fees or terms seem excessive, then it’s probably best to look elsewhere,” Parker said.

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The best credit card processing services

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When choosing a credit card processing service, even among top-tier providers, it’s important to perform due diligence and thoroughly review the agreement before committing. Each provider comes with its own set of terms and conditions, which can significantly impact your business. Here’s an overview of some of the best credit card processors and what you might find in their agreements.

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Clover

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Clover offers a robust system for businesses of all sizes and is known for its ease of use and completely customizable features, including customized reports. Some features include using different apps, management tools, consistent rates and promoting deals or promos. Clover offers interest-free installment plans, but details can vary, so understanding the specific conditions in your agreement is essential.

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Read our Clover credit card processing review here to find out about its POS Hardware.

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Merchant One

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Merchant One provides a quick three-setup process for six different industries: retail, restaurants, hospitality, B2B, e-commerce, and trade shows and events. Its features include a virtual terminal, the ability to pair with phones, receiving your own account manager, and customer and sales insights. You can receive a quote to get an estimate on how much Merchant One is for your business via phone or website. Its initial agreements include a three-year contract and early termination fees.

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Read our Merchant One review to learn more.

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Stax

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Stax is popular for its subscription-based pricing model, which includes no hidden fees and a zero percent markup processing. Stax prides itself on transparency, but verifying all terms yourself ensures there are no surprises down the line. Stax offers optional add-ons, starting at $99 per month and in-house customer and technical support.

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Read our Stax review to learn more.

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Square

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Square has simplicity with no long-term contract policy, making it ideal for small businesses. Square has one integration system, so it’s all in one place. Some features include customer support, hardware with no leases or return fees, and money transfers on the same day or up to two days. While Square only lists processing fees, it’s important to review the agreement for transaction fees and any additional service charges.

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Read our Square credit card processing review to learn more.

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Helcim

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Helcim has transparent pricing, no contracts or monthly fees, and low rates. Businesses can use the processor in-person, online or over the phone with different payment methods. There are no cancellation fees, PCI fees, user fees, deposit fees or setup fees.

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Read our full review of Helcim to learn more.

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The importance of reviewing credit card processing agreements

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In today’s business landscape, accepting mobile card payments is essential, as evidenced by the significant consumer preference for these payment methods. However, navigating the complexities of credit card processing agreements is important to avoid hidden costs and unfavorable terms. Remember, a well-informed approach to selecting a credit card processor can protect your business from unexpected expenses and ensure a smoother, cost-effective payment processing experience.

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\n"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"1883","_score":2,"_source":{"canonical":"https://vaylees.com/15248-alexa-for-business-skills.html","displayModified":"2024-07-02T20:46:02Z","docType":"article","editorsPick":false,"href":"15248-alexa-for-business-skills.html","id":"1883","ID":1883,"isSponsored":false,"published":"2019-08-06T11:55:00Z","site":"bnd","stream":"Amazon provides blueprints that allow anyone to create Alexa for Business skills, not only IT experts or experienced coders.","subtitle":"Amazon provides blueprints that allow anyone to create Alexa for Business skills, not only IT experts or experienced coders.","title":"How to Create Alexa for Business Skills Without Coding Experience","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Grow Your Business","slug":"grow-your-business"},"sub":{"name":"Technology","slug":"technology"}},"meta":{"robots":"index, follow","description":"This how-to guide explains how you can create useful Alexa for Business skills without the need for programming knowledge."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04075251/Amazon_echo_Zapp2Photo.jpg","caption":"Zapp2Photo/Shutterstock","alt":""},"content":"\n

While Amazon’s virtual assistant Alexa has become a popular tool for turning on lights, playing music and storing your shopping lists, it also provides added benefits in the workplace. Whether answering employee questions or scheduling meetings, Alexa for Business is a useful device for increasing productivity around the office. However, some professionals are hesitant to use this voice assistant because they are unsure how difficult — and costly — it will be to create the tasks they want Alexa to complete.

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The good news for nontechnical professionals is that Amazon has released its own Skill Blueprints. These allow you to create your own Alexa skills in a matter of minutes, free of charge and with no coding required. It’s one of a growing number of technologies that can boost productivity while saving money.

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What is Alexa for Business?

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While your Alexa at home is focused on more personal tasks, Alexa for Business is designed specifically to help keep businesses organized by answering questions and boosting productivity. It comes prebuilt with select skills and then you can create more via Skill Blueprints. Among the Alexa devices usable for this are the Echo, Echo Pop and Echo Dot.

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With Alexa for Business, employers can install shared devices throughout their workplaces. For example, they can be placed in conference rooms and used to launch and control conferencing systems. Shared devices could also be placed in other areas, such as copy rooms and lobbies. In addition, employees can have devices in their personal offices to manage their calendars and to-do lists.

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Even when used in personal spaces like a private office, employees are considered enrolled users. They can tap into Alexa for Business on any Alexa device at work or home. This gives them the ability to access their calendar and other personal skills from their office or their living room. Enrolled users can use Alexa in many ways, such as scheduling and joining meetings, accessing companywide applications, creating to-do lists, setting reminders and making calls.

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How to set up Alexa for Business

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The setup process for Alexa for Business begins with registering and setting up an account in the Alexa for Business console. Next, you need to purchase the Alexa devices you want for your business. Once they arrive, you’ll follow the steps in the Amazon Admin Guide for device setup and start enrolling individual users.

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Cost of Alexa for Business

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The cost of Alexa for Business consists of two components. There is a monthly fee for each shared device your organization has and a monthly fee based on the number of enrolled users:

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  • Shared devices: $7 per device, per month
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  • Enrolled users: $3 per user, per month
  • \n
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You don’t have to pay anything to create new skills for your Alexa, which is a process we discuss below.

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How to use Alexa for Business

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Businesses of all sizes can take advantage of Alexa for Business in various ways. Shared devices can be placed anywhere in an office but are commonly used in conference rooms since Alexa for Business can integrate with popular video conferencing services.

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Some of the currently compatible hardware for video integrations include:

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    \n
  • Cisco TelePresence Systems
  • \n\n\n\n
  • Cisco Webex Room Kits
  • \n\n\n\n
  • Poly Group Series (with Alexa for Business built into Poly Trio 8500 and 8800 units)
  • \n\n\n\n
  • Zoom Rooms
  • \n\n\n\n
  • Crestron 3-Series
  • \n
\n\n\n\n

Alexa for Business also integrates with Office 365, Google Workspace and Microsoft Exchange calendars. This allows you to use voice commands to look up scheduled meetings or automatically join meetings from several unified communications systems, including Amazon Chime, BlueJeans, Cisco, RingCentral and Zoom. Specific functions Alexa can handle include starting, joining and ending a meeting and requesting a call to the information technology (IT) department if technical difficulties arise. [Read our review of RingCentral’s RingEX platform.]

\n\n\n\n

We consider some other common Alexa for Business uses with the examples below.

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Examples of Alexa for Business skills and their benefits for small business

\n\n\n\n

Each company (and industry) will have its own requirements and opportunities to use Alexa for Business for specific skills. Here are eight universal examples of how Alexa for Business can be used and the benefits it offers:

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    \n
  1. Reminders and scheduling: Setting reminders via Alexa to complete specific actions at certain times ensures deadlines aren’t missed. For example, you can set a reminder to run weekly payroll, ensuring it’s not forgotten amid other administrative tasks. Alexa also works well with calendar services, verbalizing entries in response to the question, “What’s on my calendar?”
  2. \n\n\n\n
  3. Event management: You can use Alexa for Business to book meeting rooms or find out who has booked certain office spaces. You can also ask when the next meeting in a particular room is scheduled and extend the time you’ve booked in a conference room if it’s free. This is beneficial for keeping real-time tabs on which meeting spaces are available. It also enables instant cancellation of a booking, freeing up that area for other workers to occupy.
  4. \n\n\n\n
  5. Website monitoring: Alexa can be programmed to monitor your business’s websites, ensuring they remain live and flagging any outages or downtime. The Vigil application will distribute push notifications if a site goes down, enabling a swift response to get it back online. From lost productivity to missed inquiries, even a temporary outage can cause significant brand damage and data loss, but Alexa’s instant detection minimizes the consequences of any dropout.
  6. \n\n\n\n
  7. Invoice assistance: As a repetitive and often predictable task, automating invoicing via Alexa can streamline financial affairs. For instance, Alexa can be set up to provide reminders about end-of-month invoicing or to pursue an outstanding debt at a particular point. The Accounts Receivable Factoring skill calculates invoice totals and the rate of factoring. If finance responsibilities represent a significant part of staff workloads, assistance may be welcomed.
  8. \n\n\n\n
  9. Device management: Alexa for Business can help create a single unified dashboard to manage employees’ individual work devices from one central hub. Managers can use this device tracking to monitor efficiency and employee workloads. This can also be useful for identifying unusual worker behavior that could be a sign of a security incident.
  10. \n\n\n\n
  11. Email assistance: Employees can use Alexa integration to manage and organize their email inboxes. Third-party software can enable Alexa to work with Gmail or Microsoft Outlook to allow for reading and replying to emails.
  12. \n\n\n\n
  13. Virtual meeting assistance: As mentioned above, Alexa for Business can integrate with many leading virtual meeting platforms, such as Zoom, Skype and Cisco Webex. Alexa can help create, schedule and join meetings through these platforms. Additionally, for hybrid meetings, Alexa can control equipment in a conference room that integrates with virtual meeting software for remote employees. [Check out our detailed review of Zoom.]
  14. \n\n\n\n
  15. IT alerts: Employees can also use Alexa for Business to report IT incidents and create tickets, such as for unresponsive conference room equipment or issues with personal devices.
  16. \n
\n\n\n\n \n\n\n\n

Alexa for Business case studies

\n\n\n\n

Alexa for Business has numerous real-life applications across a range of businesses. The following case studies are examples of ways actual companies have used Alexa for Business skills successfully.

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Alexa for Business office assistant

\n\n\n\n

Harsha Reddy, co-founder and editor-in-chief of Small Biz Genius, was considering hiring an office assistant who could help with meetings and keeping loose ends in order. Instead, the company opted for Alexa for Business to handle some of those tasks.

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“We are mainly using Alexa for checking into meetings and taking care of schedules as well as checking in on various processes’ progress,” Reddy said. “We had her connected to our company Google Calendar and our individual working calendars.”

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Alexa for Business scheduling and device management

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As the CEO and owner of Ecopreneurist, Ollie Smith has seen the value of Alexa for Business for scheduling and device management.

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“In my experience, the service has enabled my employees to become much more productive through the automated management of schedules, reminder alerts and the option to dial into team conference calls remotely,” Smith said. “In addition, the intuitive system allows my managers to monitor individual device usage from the central dashboard, saving valuable time in the process.”

\n\n\n\n

Alexa for Business digital assistant

\n\n\n\n

David Alexander, owner of Mazepress, said he’s used Alexa in his office for several years and found it beneficial. He found that the digital assistant can speed up your workflow if you use the right skills.

\n\n\n\n

“Using Alexa as a digital virtual assistant can definitely save you time in the office, but it largely depends on the type of recurring tasks you can automate and this differs from person to person,” Alexander said. “I do expect to see more enterprise suites and features become available over the next year or two that will broaden the possibilities of Alexa.”

\n\n\n\n

How to create your own Alexa skills

\n\n\n\n

While the above skills and uses are suitable for most businesses and industries, Alexa for Business comes into its own when you create skills that are specific to how your company runs. Alexa’s prebuilt skills may be beneficial, but many organizations want skills tailored to their particular needs.

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Some companies may turn to coding experts and developers for this (or use Alexa Skill Kit), but Amazon has made the process of creating your own skills relatively simple. Using its Skill Blueprints, people without coding skills can create private skills to be used exclusively by their organization and employees.

\n\n\n\n

According to Amazon, Alexa private skills are voice-powered capabilities that enhance the Alexa experience while remaining private to members of an Alexa for Business organization.

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“With Alexa for Business Blueprints, you don’t need to write a single line of code to create a private skill for your workplace,” Amazon said. “Select one of dozens of easy-to-use Skill Blueprints, add information, such as common questions and answers for your workplace and publish the skill to Alexa for Business as a private skill.”

\n\n\n\n

There are two main types of business skills you can create without knowing any code: Q&As and onboarding guides.

\n\n\n\n

Q&A skills

\n\n\n\n

Q&A skills allow you to create and answer questions your employees may ask, such as “Who handles our social media?” or “When is the help desk available?” When programmed correctly, Alexa will respond to these questions with the right answer.

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To create this using Blueprints, an Alexa account administrator logs in to the Amazon developer portal, selects the “Business Q&A” blueprint and types out a specific question alongside variations of the same query string in case someone doesn’t ask it exactly as it’s written. The answers provided can be customized with welcome and ending messages. Once this private skill is named and published, it can be used only by enrolled users within your organization.

\n\n\n\n

Onboarding guide skills

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Onboarding guides for new employees are vital to avoid the consequences of poor onboarding. Instead of providing new hires with a printed handbook or a link to a website, the Alexa for Business onboarding guide skill allows them to ask Alexa questions they may have.

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Using the “Onboard Guide” blueprint, you can create questions like “Alexa, how do I set up my email on my phone?” or “Alexa, how do I mail a package?” Questions and answers could include information on the location of the cafeteria or copy room or contact info for different departments and employees.

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For the onboarding guide, include all the questions you want to answer and then type out the steps involved in completing each question. Once this private skill is published, you can decide whether you want each enrolled user to have access to it from any device.

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Using Alexa for Business securely and safely

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While Alexa for Business can help boost business productivity and ease some of your organization’s administrative burdens, you should be mindful of what company-wide information you’re including in your skills. Given Amazon’s admission that some Alexa conversations are listened in on by Amazon employees, you should avoid including sensitive information in your skills.

\n\n\n\n

Unfortunately, eavesdropping from Amazon workers isn’t the only risk.

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“The truth is, a malicious threat could also figure out how to hack into Alexa,” said Will Ellis, IT security consultant and owner of Privacy Australia. “Most hackers won’t care what you talk about at home, but you can bet that some will care about what is going on in a business setting.”

\n\n\n\n

Businesses using Alexa for Business should be aware of cybersecurity risks and follow these best practices:

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    \n
  • Always use strong passwords for the networks hosting your Alexa devices and the Amazon accounts linked to the devices.
  • \n\n\n\n
  • Turn on multifactor authentication for the Amazon accounts linked to the Alexa devices; this prevents someone from accessing your account even if they compromise your Amazon password.
  • \n\n\n\n
  • If you’re hosting a confidential meeting, turn off the microphone for any Alexa devices in the room.
  • \n
\n\n\n\n

For more advice, see our guide to preventing network security threats and vulnerabilities through unified threat management.

\n\n\n\n

Alternatives to Alexa for Business

\n\n\n\n

Alexa for Business is a fully functioning platform that offers a range of useful business features from a well-known, trusted brand. However, Alexa for Business is not the only option in the virtual assistant space. Businesses should also consider the following alternatives.

\n\n\n\n

Cisco Webex Assistant

\n\n\n\n

Businesses that rely on the Cisco technology suite may find significant value in deploying Cisco Webex Assistant instead of Alexa for Business. This technology integrates with Cisco’s range of collaboration tools, allowing for various capabilities like voice-activated meeting scheduling, automated action items and meeting note-taking. 

\n\n\n\n

Unlike Alexa, however, Cisco Webex Assistant doesn’t come in a range of smart speakers. This assistant is also solely designed for use with the Cisco product suite. As such, Webex Assistant does not have integrations with various other tools or software your organization may use.

\n\n\n\n

Microsoft Cortana for Business

\n\n\n\n

Microsoft Cortana is an AI-enabled chatbot. It’s significantly limited compared to AI assistants from other technology companies and Microsoft retired Cortana from most products in late 2023. However, Cortana is still available and fully integrated with Office 365. For businesses heavily invested in the Microsoft ecosystem, Cortana could help schedule meetings, send emails and search for documents.

\n\n\n\n

Like Webex Assistant, however, Cortana does not have a smart speaker line. Cortana is also lacking heavily in third-party support and integrations. However, if your company’s main software suite is Office 365, Cortana may bring the type of versatility and technology-assisted help your business needs.  

\n\n\n\n

Google Assistant

\n\n\n\n

Google Assistant is similar to Alexa in that Google offers dedicated speaker hardware. Businesses can also use Google Assistant to perform similar tasks as Alexa, such as scheduling or canceling meetings in Google Calendar, reading or responding to emails, setting up alerts, creating to-do lists, creating conference calls and more. As one would expect, Google Assistant integrates with the entire Google Workspace suite.

\n\n\n\n

Google Assistant is heavily aimed at users of the Google Workspace ecosystem. While Google Assistant can work with other applications, it doesn’t have the same sort of overall versatility that Alexa for Business does. For businesses reliant on Google Workspace, that may be fine, but those using a range of tools from different providers may prefer Alexa’s flexibility.

\n\n\n\n \n\n\n\n

Maximizing Alexa for Business skills

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Among the most appealing aspects of Alexa for Business is the ability to combine the device’s prebuilt skills with ones you create yourself — without any special programming, coding or costs. That means you can create a custom virtual assistance solution to help your organization with any number of tasks. To get the most out of it, see which Blueprints may be valuable for your company, even if they aren’t classified by Amazon as a business skill.

\n\n\n\n

While multiple tech companies offer their own conversational AI tools and assistants that can improve efficiency, Alexa’s strength lies in its wide range of applications. But as with any other software, businesses should also be careful of security concerns related to Alexa. However, with careful deployments and security monitoring, organizations should be able to feel confident about using Alexa for Business safely.

\n\n\n\n

Jeremy Bender and Neil Cumins contributed to this article. Source interviews were conducted for a previous version of this article.

\n"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"609","_score":2,"_source":{"canonical":"https://vaylees.com/2083-job-interview-mistakes-avoid.html","displayModified":"2023-10-23T17:52:52Z","docType":"article","editorsPick":false,"href":"2083-job-interview-mistakes-avoid.html","id":"609","ID":609,"isSponsored":false,"published":"2021-10-28T19:39:00Z","site":"bnd","stream":"Learn from these cringe moments and set yourself up for job interview success.","subtitle":"Learn from these cringe moments and set yourself up for job interview success.","title":"10 Crazy Job Interview Mistakes People Actually Made","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Build Your Career","slug":"build-your-career"},"sub":{"name":"Get the Job","slug":"get-the-job"}},"meta":{"robots":"index, follow","description":"Job applicants have made disastrous blunders during interviews. Learn from 10 job interview mistakes to set yourself up for success."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04072437/hired_fizkes_gettyimages.jpg","caption":"fizkes / Getty Images","alt":"Two colleagues talking"},"content":"

In the movie Step Brothers, employment-challenged stepbrothers Brennan (Will Ferrell) and Dale (John C. Reilly) attend a series of job interviews in tuxedos, call an interviewer “human resources lady,” and ask a potential boss how much they make in a year without taxes.

\n

Their antics fit in well with documented, cringeworthy job interview faux pas. We’ll highlight these excruciating job interview mistakes, outline the more subtle but equally damning errors job applicants make during the interview process, and share interview skills that can get you hired.

\n\n\n

10 big job interview mistakes

\n\n\n

If you’ve ever fumbled a job interview, comfort yourself with the knowledge that you likely didn’t commit any of the following interview atrocities. Here are 10 documented interview blunders that will have you shaking your head.

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    \n
  1. The candidate brought a “how to interview” book to the interview.
  2. \n
  3. The candidate asked, “What company is this again?”
  4. \n
  5. The candidate put the interviewer on hold during a phone interview. When they came back on the line, they told the interviewer they had a date set up for Friday.
  6. \n
  7. The candidate wore a Boy Scout uniform and never told interviewers why.
  8. \n
  9. The candidate talked about promptness as one of their strengths after showing up 10 minutes late.
  10. \n
  11. On the way to the interview, the candidate passed, cut off, and flipped their middle finger at a driver – who happened to be the interviewer.
  12. \n
  13. The candidate took off their shoes during the interview.
  14. \n
  15. The candidate asked for a sip of the interviewer’s coffee.
  16. \n
  17. When a candidate interviewing for a security position wasn’t hired on the spot, they painted graffiti on the building.
  18. \n
  19. Federal authorities arrested the candidate during the interview when their background check revealed they had an outstanding warrant.
  20. \n
\n

Common interview mistakes

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While reading about outrageous job interview mistakes is amusing, job interviews are serious business. You have a limited time to present yourself as thoughtful and capable, with the skills employers want. HR managers understand that job interviews can cause anxiety and will likely cut you some slack.

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However, candidates sometimes make inexcusable mistakes that are entirely preventable. Before your next job interview, familiarize yourself with the following common interview mistakes that can derail your career hopes.

\n

1. Wearing inappropriate clothing to a job interview sends the wrong message.

\n

Dressing for your interview is an easy way to make a good first impression. The business’s environment and the job’s details will dictate your outfit choice. Dressing too casually or sloppily for a position in a corporate setting may suggest inattention to detail and a lack of understanding of social cues. In contrast, dressing too formally for a casual workplace may signal that you’re not a good fit.

\n

No matter the job, avoid wearing clothing that detracts from your qualifications, and ensure your attire is clean, appropriate and makes you feel confident.

\n

2. Being uninformed about the organization says you don’t care.

\n

Organizations want to hire people who care about their mission and values. One of the best ways to show you don’t care is not knowing what the organization does. Displaying an utter lack of interest is an excellent way to disqualify yourself from consideration.

\n

Research the company before heading to your interview. Go beyond its website landing page – find its About and Press pages, where you can familiarize yourself with recent company news. Seek out information about the company culture and its products and services. Use what you learn to prepare intelligent, thoughtful responses and questions.

\n

3. Becoming distracted in a job interview is a red flag.

\n

Life can be hectic. Slowing down and focusing is challenging for many of us. However, a job interview is a critical time to leave distractions behind and focus on the experience.

\n

Businesses are all too familiar with inattentive employees. Distracted workers cost money and lower productivity. Indicating your propensity for distraction during the interview is a huge red flag that your office presence won’t enhance operations.

\n

Turn off your phone and focus on your interview. Texts, apps, headlines and calls can wait.

\n\n\n \n\n\n

4. Behaving rudely during a job interview is inexcusable.

\n

It almost goes without saying that rudeness during a job interview is inexcusable behavior. However, sometimes people are unaware they’re being rude. For example, they may think there’s nothing wrong with chewing gum during or exhibiting their unique brand of humor during an interview.

\n

While you want to be yourself during an interview, be mindful of job interview etiquette and acceptable professional behavior. Be courteous and polite to the receptionist and any office staff you encounter, and don’t forget to say thank you when you leave.

\n\n\n \n\n\n

5. Acting entitled can derail your job interview.

\n

You may not be interviewing for your dream job, but that doesn’t make it OK to be dismissive about the position or share that you see it as only a temporary stepping stone.

\n

Be respectful and show humility during your interview. Companies want people who will work hard and be loyal, and career advancement opportunities are often available from entry-level positions.

\n

Tips for a successful interview

\n

In many successful hires, the applicant demonstrates hard and soft skills. They combine hard skills – specific skills and knowledge the position requires – with soft skills like emotional intelligence to present themselves as ideal candidates.

\n

To present yourself as favorably as possible and increase your chances of landing the job, consider these tips:

\n
    \n
  • Research beforehand. Have a firm grasp of the organization, including its mission and values.
  • \n
  • Be upbeat and attentive. Show your positive attitude and listen closely to better understand the position and its responsibilities.
  • \n
  • Understand your would-be role. Have a clear understanding of the position and its duties – and how your knowledge and skills would make an impact.
  • \n
  • Ask good questions. Prepare insightful questions that show you understand the industry and the organization’s role within it. Ask clarifying questions to better understand the position and how it interacts with the rest of the organization.
  • \n
  • Follow up. Send a post-interview thank-you letter soon after the interview where you reiterate your interest in the job. If you haven’t heard back about the position in the timeframe specified, wait a few days, and then contact the hiring manager who interviewed you, saying you’re still interested and asking if you can provide additional information.
  • \n
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Land the job

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Ultimately, interviewers want competent, enthusiastic and easy-to-work-with individuals. Being informed, upbeat and attentive helps demonstrate these traits. Your great resume speaks for itself; the interview is your time to showcase the personality traits and soft skills that will get you hired.

\n

Chad Brooks contributed to the reporting and writing in this article. 

"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"538","_score":2,"_source":{"canonical":"https://vaylees.com/5637-the-most-productive-day-of-the-workweek-may-surprise-you.html","displayModified":"2024-01-12T00:53:33Z","docType":"article","editorsPick":false,"href":"5637-the-most-productive-day-of-the-workweek-may-surprise-you.html","id":"538","ID":538,"isSponsored":false,"published":"2021-11-09T16:09:00Z","site":"bnd","stream":"Tuesdays are surprisingly the most productive day of the week.","subtitle":"Tuesdays are surprisingly the most productive day of the week.","title":"What Is The Most Productive Day Of The Week?","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Lead Your Team","slug":"lead-your-team"},"sub":{"name":"Personal Growth","slug":"personal-growth"}},"meta":{"robots":"index, follow","description":"Determining the most productive day of the week can be tricky, but there is a common theme among the studies and surveys on the topic."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04072611/office_happy_Prostock-Studio.jpg","caption":"Prostock-Studio / Getty Images","alt":""},"content":"

Have you ever noticed that on some days you can get a ton of work done with ease, and on others you struggle to get started? You’re not alone. Multiple studies and surveys have tried to determine whether there is a day of the week that tends to be most productive for everyone. The results vary, though, and they suggest that there are many factors that go into which days and times people feel the most productive. Below, we’ll take a look at some of the research into the most productive day of the week, as well as offer some tips on how you can improve your own productivity.

\n

Which day is the most productive of the week?

\n

The most productive day of the week depends on who you ask. Multiple studies and surveys have shown that it isn’t easy to pin down a particular day as the most productive of the week.

\n

There is some evidence that the beginning of the week is the most productive for many workers. A Robert Half survey discovered that Monday and Tuesday are the two most productive days of the week for employees. Employees self-reported Monday as the most productive day, with 29 percent of respondents citing it as the day they get the most work done. Tuesday was a close second, with 27 percent of respondents claiming it’s their most productive day of the week.

\n

A survey from Redbooth found similar results. Roughly 20 percent of respondents said they complete the most tasks on Monday and Tuesday, and that percentage slowly declined throughout the week. Unsurprisingly, the weekend was the least productive time for most respondents, with only about 2 percent saying Saturday or Sunday were their most productive days.

\n

However, a Moneypenny survey found the most productive day of the week was largely a matter of geography. While workers in many states reported Monday and Tuesday as their busiest day of the week, roughly half the U.S. tends to get more done in the second half of the week. It could be the case that workday productivity is as much a matter of local or regional culture as anything.

\n

Ultimately, your personal productivity will depend on your natural tendencies, your workload, the type of job you do and how you plan your day. Consider your natural rhythm and approach to work when planning out your week so you can take advantage of when you feel most productive and provide yourself more flexibility when you don’t.

\n\n\n \n\n\n

What about remote and hybrid workers?

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Remote and hybrid work has become more common in recent years, and it turns out these workers tend to hit a different stride than their onsite counterparts. According to a study by Prodoscore, remote and hybrid workers tend to be most productive on Tuesdays, Wednesdays and Thursdays, specifically between the hours of 10:00 a.m. and 3:00 p.m.

\n

If you’re managing a remote team, consider these windows when you schedule meetings. You may be better served by letting your team focus on work in these windows and saving the meeting for another time. Of course, every team is different, so consider conducting an employee survey and monitoring your team’s active times to determine what works best for you.

\n

Remember, some remote and hybrid teams have members across multiple time zones. If that’s the case on your team, t’s important to account for the time difference when setting team calls or deadlines. Consider when each team member is at their most productive and ask for deliverables clearly. For example, rather than saying “I’d like this in by the afternoon,” set a specific time like “3:00 p.m. EST” so everyone is on the same page regardless of their local time zone.

\n\n\n \n\n\n

Tips to improve productivity every day

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If you’re looking to boost your productivity no matter what day of the week it is, there’s plenty you can do. Consider the following tips and how they could improve your routine to help you get more done from Monday to Friday.

\n
    \n
  • Ax the excess: Start by creating a to-do list for the day. Then, cut that list in half, focusing on the top priorities. Too often, workers overestimate what they can accomplish and become frustrated by their lack of progress. A shorter, more realistic list that leaves room for unexpected projects and setbacks will help employees become more productive.
  • \n
  • Aim for quality, not quantity: In theory, multitasking seems like a good way to increase productivity. But it often leads to oversights and errors. Repeatedly switching from one project to another also slows workers down. They should do their best to focus on one item at a time.
  • \n
  • Optimize your workspace: A cluttered or noisy workspace is a sure way to prevent you from getting work done. Clean your workspace and make sure you’re well stocked with everything you need to get the job done. For tips, check out our guide on how to make your workspace more productive.
  • \n
  • Know your prime time: Employees need to tackle critical or challenging assignments during the time of day when they’re most productive. They should handle less-pressing tasks, like online research, when their energy level starts to wane.
  • \n
  • Dodge derailers: When working on important assignments, workers can increase productivity by turning off mobile devices and signing out of email and social media. That allows them to give full attention to the task at hand. They can prevent interruptions by politely informing colleagues they don’t want to be disturbed.
  • \n
  • Explore apps: Consider taking advantage of the wide selection of software that is specifically designed to increase productivity. Digital calendars, task management apps and other time-saving programs can help employees keep track of projects, meet deadlines and be more productive.
  • \n
\n\n\n \n\n\n

Productivity is a matter of preparation

\n

Whatever your naturally most productive days are, plan around the way you work. That means understanding that if you tend to be sluggish one day, set yourself up for success by tackling the tasks you’re able to. And if you tend to be more productive another day, handle some of the biggest tasks of your week on that day. Sometimes you can’t set your own schedule and simply need to get the job done, regardless of how you feel. But to the greatest extent possible, plan ahead so you can tackle the most important work when you’re feeling your very best.

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    \n
  • SurePayroll handles all of the payroll processing and payroll tax requirements for any type of household employee.
  • \n\n\n\n
  • The service costs $50 per month for one household employee and $10 for each additional household employee.
  • \n\n\n\n
  • SurePayroll also offers comprehensive payroll services for small businesses.
  • \n\n\n\n
  • This review is for anyone who is looking for a payroll service to easily pay their household employees.
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After conducting extensive research and analysis, we recommend SurePayroll as our 2021 pick for the best online payroll service for paying household employees. SurePayroll is a comprehensive solution that gives you the peace of mind that you’re paying your household employees properly. You can run payroll as often as you’d like and rest easy knowing that your payroll taxes will be handled properly. The platform is also easy to use. It can be accessed from anywhere, including on mobile devices. In addition to the excellent household employer services, SurePayroll offers top-notch small business online payroll services.

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To read more about how these companies were selected and our methodology behind it, see our best online payroll services page.

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Pricing

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Of all of the household payroll services we examined, SurePayroll was one of the cheapest. There is a base monthly fee of $49.99 for one employee. If you have more than one household worker, there is an additional $10 monthly charge per worker. This is cheaper than some of the other payroll services we considered; most other services charge $20 to $75 for each additional household employee.

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The only other added cost is for year-end tax services. This service, which costs $45 plus $4 per employee, provides you with the proper year-end tax forms for you and your household employees. Most of the other services we looked into not only charge more for year-end tax services but also have initial setup fees of at least $100.

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We like that SurePayroll has a monthly fee rather than the quarterly fee that many other household payroll providers charge. Because there is no long-term contract, you can cancel your service at any time and not pay for months you might not use.

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SurePayroll Services and Features

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SurePayroll provides everything household employers need from a payroll provider, including all payroll and payroll tax services.

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Unlike some of the other household payroll services we considered, which offer services only for childcare providers, SurePayroll can be used for all types of household employees, including nannies, elder caregivers, home care providers, private nurses, drivers, yard workers and cooks.

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Another benefit of SurePayroll is that you can run payroll as often as you’d like each month, such as weekly, biweekly, semimonthly or monthly. Some services have a per-payroll fee structure in which they charge you a base fee every time you run payroll. This could raise your payroll expenses considerably, depending on how often you pay your employees. The flexibility to pay your household employee every week for no extra charge can lead to significant cost savings.

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In addition to running your payroll each month, SurePayroll handles your payroll tax obligations. This includes calculating and deducting Social Security, Medicare and federal and state unemployment taxes, along with filling out and filing federal, state and local tax forms. You can also make your tax payments directly through the service.

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SurePayroll provides a 100% guarantee that your taxes will be filed and paid correctly and on time. If the service makes an error, the company will correct the mistake and pay the fines or interest you incur. Not all of the services we looked into offer this guarantee.

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SurePayroll also files a quarterly 1040-ES on your behalf and provides you with a signature-ready Schedule H (Form 1040) that attaches to your annual 1040 filing.

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It is important to note that in California, SurePayroll supports household employers only if they are designated as quarterly filers; annual filers in California need to change their filing status to quarterly to use this service.

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SurePayroll integrates with a variety of popular accounting software, including QuickBooks, AccountEdge, Xero, Sage 50, Less Accounting and Kashoo. These built-in integrations streamline the process of transferring data between the two programs.

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Ease of Use

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SurePayroll is a cloud-based service that has no software to install or maintain and is accessible online from anywhere.

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Upon login, the system’s homepage provides a snapshot of any tasks you need to complete. It shows your payroll status and any important reminders, such as your upcoming payroll processing dates and bank holidays.

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To run payroll, all you need to do is enter the hours each employee worked and their pay rate. You then see a preview of the payroll, which includes the employee’s gross pay and how much is being deducted from each check for employee and employer taxes.

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If everything is accurate, the final step is to click the Submit for Approval link to run the payroll. At that point, you receive details on when the money will be transferred for direct deposit or when you can write checks.

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You can also use a mobile app to run your payroll. SurePayroll’s mobile app, available for both Android and iOS, lets you enter earnings, deductions, hours worked and benefits, such as vacation and personal time. Most of the other household payroll services we examined do not offer a mobile app.

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Your household employees also have access to the system. They can log in online or use the mobile app to review their paystubs and pay history.

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Small Business Payroll

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In addition to its household payroll services, SurePayroll provides regular small business payroll services. It offers small businesses a comprehensive payroll solution that can handle all payroll processing and payroll tax responsibilities.

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With this service, you can run your business’s payroll as often as you’d like each month. All of your payroll records and reports are stored in the cloud, which means you can run your payroll and access your payroll information from anywhere.

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The service takes care of your payroll tax responsibilities. SurePayroll calculates, pays and files your federal, state and local payroll taxes, including Social Security and Medicare. It also prepares your year-end tax forms, such as W-2s and 1099s.

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Because the small business payroll service runs on the same platform as the household employer service, it is just as simple to run payroll for your small business workers as it is for your household employees. You can pay your employees via direct deposit or paper check.

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Costs for SurePayroll’s small business payroll solution start at $19.99 per month, plus $4 per employee per month. For the full-service plan, costs increase to $29.99 per month, plus $5 per employee per month.

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If you have employees in multiple states, there is an additional $10 monthly charge per state. You can also access the system’s accounting integrations for $5 per month and its time-clock integration for $5 per month, plus $3 per employee.

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Other add-on services include 401(k) options, workers’ compensation, health insurance and pre-employment background checks.

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Customer Service

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SurePayroll provides customer support between 8 a.m. and 9 p.m. ET Monday through Friday and from 10 a.m. to 2 p.m. ET on Saturdays. We like that the help line is open later in the evenings and on Saturdays, which many of the other services we examined don’t offer. The online help center is also available 24/7.

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To gauge the type of service you can expect, we called and emailed the company numerous times, posing as a household employer and small business owner interested in the company’s services.

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Each time we called, we were immediately greeted by a representative, who provided clear and detailed answers to all of our questions. SurePayroll’s representatives never pressured us to sign up for the service. Many of the other payroll providers we called had us wait on hold, gave short answers to our questions (sometimes just one word) and spent most of the call trying to get us to commit to their service.

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SurePayroll was also the only payroll provider that offered to let us test the system on our own. One customer service agent we spoke with gave us temporary login credentials that allowed us to see exactly what it was like to use the platform. This gave us a feel for what it would be like to set up the system, add new employees and run payroll.

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Another appealing aspect of SurePayroll’s support is that customers receive the same high level of service whether they call about payroll for household employers or for small businesses. When investigating SurePayroll, we called separately to inquire about each type of service. During each of those calls, we received the same level of support. That is a sign that SurePayroll values each of its clients equally, regardless of the size of their payroll.

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SurePayroll is an accredited member of the Better Business Bureau with an A+ rating.  

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Limitations

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One potential downside of SurePayroll’s household payroll service is that it doesn’t offer different packages like some of the nanny-specific payroll providers we considered. Some of SurePayroll’s competitors offer cheaper plans for lower levels of service. For example, they give you the option to pay less if you only want them to calculate tax withholdings and prepare your tax documents.

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In California, SurePayroll only supports household employers who are designated as quarterly filers. Annual filers in California need to change their filing status to quarterly to use this service.

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Ready to choose a payroll service? Here’s a breakdown of our complete coverage:

\n\n\n\n\n"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"2061","_score":2,"_source":{"canonical":"https://vaylees.com/15104-biometric-time-attendance-system-laws.html","displayModified":"2024-04-17T17:39:20Z","docType":"article","editorsPick":false,"href":"15104-biometric-time-attendance-system-laws.html","id":"2061","ID":2061,"isSponsored":false,"published":"2019-06-10T12:00:00Z","site":"bnd","stream":"Biometric time and attendance systems use fingerprints as well as facial and retinal scans to record work time. However, strict laws govern their usage.","subtitle":"Biometric time and attendance systems use fingerprints as well as facial and retinal scans to record work time. However, strict laws govern their usage.","title":"The Biometric Time and Attendance System Laws You Should Know","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Grow Your Business","slug":"grow-your-business"},"sub":{"name":"Technology","slug":"technology"}},"meta":{"robots":"index, follow","description":"Biometric time and attendance systems use fingerprint, facial, palm or iris scans. Learn the laws you must follow to use them for your employees."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04075608/Biometric-timeclock_K.Chuansakul.png","caption":"K.Chuansakul/Shutterstock","alt":"employee using a timeclock"},"content":"

There was a time when using a fingerprint or facial scan in the workplace was reserved for highly sensitive jobs or top-secret government positions. Today, however, biometrics are increasingly common in all business types. The use of biometrics in time and attendance systems contributes to the increase in biometric data collection in the workplace.

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Editor’s note: Looking for the right time and attendance system for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs.

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However, as biometric time and attendance systems become more prominent, numerous legal issues are arising. While only a few states currently have laws regulating how organizations can use biometrics in the workplace, more states are likely to adopt laws of their own soon.

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Current biometric time and attendance system laws

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Several states have specific laws regarding the use of biometric data in the workplace, such as finger or retina scans commonly used by time and attendance software. Even if you don’t operate in a state that has laws on the books, see if there is any pending legislation. [Read related article: How Time and Attendance Software Improves Shift Planning]

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“The hottest legal issue right now is that several states have passed laws that regulate how companies may collect, store and disclose biometric information, and similar legislation is pending in many other states,” said Lauren Daming, an associate with the Greensfelder law firm.

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Here’s a rundown of states with biometric time and attendance system laws:

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  • Illinois: Illinois was the first to approve legislation on the issue. Lawmakers there passed the Illinois Biometric Information Privacy Act (BIPA) in 2008. The Illinois law requires businesses to obtain consent before collecting biometric data and governs how the data is disclosed, profited from, protected and retained.
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  • Texas: Texas followed suit in 2009, passing legislation that requires businesses to gather consent if they are selling, leasing or disclosing biometric information. The law lays out how the biometric information must be stored and protected. It also mandates that the biometric data be destroyed within one year of being collected.
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  • Washington: In 2017, Washington passed a law spelling out how biometric information can be collected, stored and used. It also defines the content and activity it regulates in more specific terms; unlike in Illinois, the law doesn’t provide for a private right of action.
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  • California: In 2018, the California Consumer Privacy Act went into effect to regulate biometric data as “physiological, biological or behavioral characteristics … that can be used to establish individual identity.” The California law’s broad definition of biometric data includes iris, retina, fingerprint, face, hand, palm and vein patterns, as well as voice recording.
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  • New York: In 2021, New York’s biometric privacy legislation went into effect, regulating the collection and use of biometric information by “commercial establishments.” These establishments must post conspicuous signage and may not profit from any biometric information transaction. Philip Gordon, who co-chairs Littler Mendelson’s Privacy and Data Security Practice Group, said that the law’s interpretation bars New York businesses from requiring employees to be fingerprinted. “New York’s Department of Labor has interpreted that law, in an informal opinion letter, to apply to a requirement that employees place their finger on a scanner for a biometric time clock,” Gordon said.
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  • Arkansas: Arkansas also has a biometric data law on the books, adopting an amendment to the state code that defines biometric data as “fingerprints, faceprint, a retinal or iris scan, hand geometry, voiceprint analysis, deoxyribonucleic acid (DNA), or any other unique biological characteristics.”
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Biometric workplace Lawsuits

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Illinois has seen the most activity surrounding biometric legislation because, unlike Texas and Washington, it has a private right of action.

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“The Illinois Biometric Information Privacy Act has a private right of action that has been attracting a lot of attention from plaintiffs’ attorneys as dozens of class-action lawsuits have been filed in the last few years,” Daming said. “BIPA includes statutory penalties of $1,000 or $5,000 per violation, which can add up to significant potential damages, since plaintiffs’ attorneys argue that each individual scan of an individual’s finger to clock in or out constitutes a separate violation of the act.”

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One such lawsuit involves Illinois steelmaker A. Finkl & Sons Co. According to BiometricUpdate.com, the company faced a class-action lawsuit that claimed employees weren’t asked to give consent to using their handprints to clock in and out. In addition, the employees argued that they never received details on how that information would be stored and when it would be destroyed.

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Gordon said that since Illinois permits enforcement by private individuals (as opposed to government agencies) and allows for the recovery of statutory damages, hundreds of class-action lawsuits have been filed in the state.

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Understanding biometric time and attendance systems

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Tracking employee attendance and time is crucial for many businesses. Without accurate records, employers could pay employees for time they haven’t worked.

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To ensure accuracy, many employers have turned to digital time and attendance solutions that use biometrics to automate the time tracking process. These systems keep detailed, real-time data of when employees come and go, automatically transferring this information to a payroll service in time for payday.

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How do biometric systems help the bottom line?

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Biometric time and attendance systems cut down on employee time theft. Since workers have to digitally clock in and out each day, confusion and mistakes are eliminated. Employees won’t get paid for time they aren’t working.

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According to time and attendance system provider Intuit QuickBooks, nearly half of U.S. employees admit to time theft. This costs employers more than $11 billion annually.

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Today’s time and attendance systems let employees manage their time in various ways, including via computers, mobile devices, personal identification numbers (PINs), and swipe and badge cards. However, these options open up the possibility of “buddy punching,” which is when an employee clocks in or out for a co-worker. Intuit reported that 16 percent of U.S. employees admit to buddy punching, costing U.S. businesses $372 million per year.

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The best way to combat buddy punching is to use biometric clocks. Many time and attendance systems now offer some form of biometrics. Biometric clocks require employees to punch in and out using a fingerprint, palm, facial or iris scan, so buddy punching is no longer an option.

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However, how employers store these scans and how they notify employees of biometric scan requirements and storage have opened up several legal issues.

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How much does a biometric time clock cost?

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Biometric time clock prices range from inexpensive models that cost only $100 to $200 to more expensive, high-end systems that are $800 or more. Remember that costs likely won’t include expert installation and support.

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If you go with one of the best time and attendance systems with biometric features, you’ll likely pay a certain price per user per month in addition to support costs.

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Which types of companies use biometric time clocks?

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In theory, any company with the budget and need for biometric time clocks can use them. According to one leading manufacturer of fingerprint-based biometric time clocks, companies in industries such as food service, oil and hospitality comprise the majority of biometric time clock clientele.

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How to comply with biometric workplace laws

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To ensure you comply with biometric laws, determine which laws apply to your business and what those laws require, according to Daming.

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“Then, they need to take an inventory of the data that they’re collecting, storing or using, and consider whether it constitutes ‘biometric information’ under any applicable law,” Daming said. “This inventory should also examine how the information is being collected, how it is being stored and for how long, how it is being shared or disclosed, and what purpose it is used for.”

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What about consent?

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Kevin Kelly, a partner in Locke Lord’s labor and employment group, said that gathering consent is a big issue employers must be aware of, especially in Illinois.

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“Businesses using biometric time clocks need to be certain that they have a comprehensive compliance program in place that meets all of the requirements of applicable law,” he said. “In Illinois, for instance, such a compliance program would require, among other things, that the employer obtain each employee’s written consent before using the employee’s biometric information.”

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Biometric information policies

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Employers should develop a comprehensive policy describing how the information is collected, what it is used for, how it is stored and for how long, and when it is destroyed, Daming said.

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“Companies that use biometric timekeeping systems should also ensure that their insurance policies provide coverage for claims that could be brought under biometric privacy laws” she said. “Companies should also make sure that any third parties that they interact and share data with – such as payroll companies – are in compliance with applicable laws.”

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Businesses that operate in multiple states or have employees represented by a union should consider a few other factors. Daming said that those with locations in more than one state should develop policies that harmonize requirements across jurisdictions, while those with union employees should consider whether a proposed policy or changed procedure related to the time clocks may trigger bargaining obligations or necessitate other communication with a union representative.

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Employee options for biometric data privacy

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The one option employees have when it comes to biometrics is refusing to provide a fingerprint or facial scan. However, that could very well result in an employee losing their job.

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“Under the Illinois law applicable to biometric time clocks, employees must consent in writing before an employer can use the employee’s biometric information, and therefore, an employee can refuse to provide such consent,” Kelly said. “However, employers can potentially make such consent a condition of employment, meaning that the employee won’t be able to continue employment unless such consent is provided.”

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Gordon said that even in situations that don’t require consent, employees could be fired for refusing to provide a biometric scan.

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When can you refuse a biometric scan?

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“In jurisdictions where employers are not required to obtain employees’ consent, employers also can condition employment, or continued employment, on use of a fingerprint or facial scans, subject to objections on religious grounds,” Gordon said.

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Daming said that in cases where an employee refuses on religious grounds or has a physical condition that prevents them from providing a scan, employers would likely need to provide an alternative method for clocking in and out.

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The future of biometric laws

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Although biometric laws currently apply to employers in certain states only, Gordon believes that privacy laws will continue to proliferate throughout the country. He said that several states have pending legislation modeled after the Illinois and Texas laws.

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“San Francisco [in 2019] enacted a ban on law enforcement’s use of facial recognition,” Gordon said. “While that ordinance does not apply to private employers, other city or state governments could enact expanded prohibitions in the future.”

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Daming agrees that biometric privacy laws will become more prevalent moving forward.

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“I think everyone – consumers, employees, et cetera – is becoming more aware of and concerned with privacy rights,” Daming said. “We can see that with California’s [passage] of the California Consumer Privacy Act. And this will probably lead employees and consumers to think more critically about where their biometric data is going and how it’s being used.”

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Max Freedman contributed to this article. 

"}},{"_index":"wp-index-bnd-prod-content","_type":"content","_id":"2431","_score":2,"_source":{"canonical":"https://vaylees.com/5279-remote-desktop.html","displayModified":"2024-04-22T13:09:37Z","docType":"article","editorsPick":false,"href":"5279-remote-desktop.html","id":"2431","ID":2431,"isSponsored":false,"published":"2019-01-30T20:00:00Z","site":"bnd","stream":"As remote and hybrid work become more common, remote desktop software is becoming essential.","subtitle":"As remote and hybrid work become more common, remote desktop software is becoming essential.","title":"Connecting to Your PC From Anywhere","author":{"displayName":"Chad Brooks","email":"chbrooks@centerfield.com","thumbnail":"https://images.vaylees.com/app/uploads/2022/04/18113349/chad-brooks.jpg","type":"Managing Editor"},"channels":{"primary":{"name":"Grow Your Business","slug":"grow-your-business"},"sub":{"name":"Technology","slug":"technology"}},"meta":{"robots":"index, follow","description":"Learn how remote desktop software allows you or an IT expert to access your work computer offsite."},"thumbnail":{"path":"https://images.vaylees.com/app/uploads/2022/04/04073347/Laptop_undrey_getty.jpg","caption":"undrey / Getty Images","alt":""},"content":"

Work-from-home and hybrid work policies are increasingly common for companies to offer. This can be a great perk for employees. However, as companies implement these policies, many have had to figure out how to manage a remote workforce. Chief among these considerations is ensuring employees have remote access to their office workstations.

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Remote desktop software makes it possible for employees to connect to their computers from anywhere. That can help address some of the challenges between working remotely and working from a shared office, as well as for IT managing devices remotely.

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What is remote desktop software?

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In business, remote desktop software allows a user to connect to, access and control a computer from a remote workstation as if the computer was right in front of them. A remote desktop station creates a one-to-one connection between two workstations, which can include mobile devices. By installing the software on both the computer you are trying to access (the host) and the device you are currently using (the client), you can create a connection between the two devices to access the host as if it’s local.

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With the help of remote desktop software, employees and IT specialists are able to remotely access computers so they can work from any location, while still being as productive as they are in the office. By using remote desktop software, employees are able to access their office computer from home, while IT personnel can use the software to fix other computers from their location. In essence, the software makes it appear as if the user is sitting right in front of the computer they are accessing, when in fact they may be at home, in a coffee shop or in another office hundreds of miles away.

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Types of remote desktop software

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There are two main types of remote desktop applications. One is designed for IT workers fixing computers, and the other is for other employees using computers from outside the office.

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Remote desktop software for IT experts

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One is designed for IT specialists as a way to solve their clients’ computer problems without having to actually sit down in front of their computer. Rather than personally inspecting the computer, they can log on to it from their own office and fix problems. This saves time and allows IT specialists to handle many more issues than they would if it were necessary to visit each computer personally.

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Among the things remote desktop IT service providers can do with the software are download files, reboot computers and chat via the connection about problems that arise. Remote desktop software also gives IT professionals the opportunity to record sessions to help train other employees on how best to solve issues.

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Remote desktop software for other employees

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Employees who want to access their personal computer from work or their work computer from home generally use the second type of remote desktop software: remote PC access software. The best remote PC software gives employees the opportunity to log on to a work or home computer from any other computer or mobile device with little noticeable difference from using that device directly.

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Once logged in with the remote software, users are able to use every file and program on the PC they are accessing. This eliminates stress for employees who may have left a file at the office or are working on a project at home and forgot to bring a file to work the next day. In those situations, they can remotely access their computer to retrieve the needed files.

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When do you need remote desktop software?

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Remote desktop software continues to grow in importance for businesses, especially as so many companies add and maintain remote or hybrid work policies.

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  • For fixing problems: Network administrators and IT support technicians often need remote access to connect to employees’ computers to find software issues and provide aid when necessary.
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  • For updating computers: IT workers also may use remote desktop software to install new applications or programs being implemented by the employer – including top tools for remote work – without the need to physically access devices.
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  • For remotely connecting to work computers: Employees may also need remote desktop software to connect to their work computers from outside the office. This can be to access files and software that are found only on their work desktop machines or other devices.
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What to look for in remote desktop software

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When choosing remote desktop software, there are a number of features and options users should be looking for.

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  • Access to files and software: It should be possible to access files and run software programs on the remote computer.
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  • File and data transfer: It’s generally also important to be able to transfer data, such as work files and system information, to and from a remote computer.
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  • Ease of use: It’s important that remote desktop software is easy to install and use. Complicated setup processes or login procedures will become frustrating and make the remote desktop software more of a chore than a tool for getting work done easily.
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  • Information security: Because sensitive or confidential information is often being accessed via remote desktop software, security features protecting against cyberattacks are critical. Any remote desktop option should use Secure Sockets Layer (SSL), Transport Layer Security (TLS) and the Advanced Encryption Standard (AES) to provide secure transmissions over the internet.
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What to look for in remote PC software

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When choosing remote PC software, users should make sure it offers several important features.

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  • Access from multiple devices: It’s often important to be able to access a remote computer from multiple devices, such as mobile devices and laptops, for either repair or everyday use.
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  • On/off capabilities: It’s also important to be able to turn a remote computer on if it’s not already on, so someone doesn’t have to physically access it before you can use it remotely, and to be able to turn it off to save power when not in use.
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  • Multimedia access: It should be possible to stream video and audio from the remote computer, particularly if there are multimedia files stored locally that need to be accessed remotely. Similarly, it should be possible to access webcams and microphones connected to the computer.
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  • File transfer: The software should also include file sync – the ability to drag and drop files between the computer and the device accessing it.
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  • Interactive chat: It should be possible to communicate via private chat. This is especially helpful for IT experts needing to communicate with users of the remote computer.
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  • High-grade security: Like remote desktop software, remote PC software should have top-notch security. Secure services support password protection, encrypt data transfers and can block IP addresses from remote access. The software should also have an automatic timeout so that no one can access the remote PC later if the user forgets to log out.
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Best remote desktop and remote PC software

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RemotePC

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RemotePC offers remote PC software that’s great for small businesses without an IT department. It’s designed so that users at all different levels of experience can quickly and easily navigate remote computers.

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All of RemotePC’s business-focused plans provide accounts for unlimited users, and they all provide the ability to transfer files, stream audio, print documents,and view files at nearly 60 frames per second. RemotePC’s software also provides remote reboot, whiteboard collaboration tools and video conferencing support.

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RemotePC provides 24/7 support via chat and email. RemotePC plans cost between $29.50 and $899.25 for two years of service. You can learn more in our full RemotePC review.

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Zoho Assist

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Zoho Assist is a great choice for remote PC support by IT workers as well as remote access. It also supports a wide range of hardware and software, including Windows, Mac, Linux, iOS, Android, ChromeOS and Raspberry Pi.

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The software is also closely integrated with other Zoho products, including Zoho CRM for sales, and offers extensive ability to diagnose a problem on a remote PC. That includes access to technical features like the command prompt, Windows registry editor and other configuration tools. Configurable permissions make sure that technicians and other users have access to only what you want them to be able to control.

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Zoho Assist offers a limited free plan and paid plans costing up to $24 per user. Read our full Zoho Assist review to learn more.

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GoTo Resolve

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GoTo Resolve, formerly called GoTo Assist, can be used for remote IT support without the need to download any special software. It also includes ticketing and IT management tools that are useful for support professionals. It can provide a secure connection through a standard web browser, with the option to download a remote installer onto devices or install a special GoTo Resolve toolbar.

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The software works with a variety of operating systems, including Windows, Mac, iOS and Android. Users in need of support can submit tickets through a variety of systems, including email, a web portal, and chat tools like Microsoft Teams and Slack. GoTo Resolve can also integrate with a variety of third-party software, including ticketing software like Zendesk and with Google Translate, which allows for multilingual support options.

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GoTo Resolve is available at price points from $0 to $190 per user per month. Check out our full GoTo Resolve review to find out more.

\n

Splashtop

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Splashtop is a great choice for businesses with a hybrid workforce and for creative professionals. It offers support for remote use of creative tools like a stylus- or pen-based tablet, as well as support for common business software.

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Splashtop lets multiple users connect to and from multiple monitors at the same time, which can be great for group work, letting people collaborate as if they were sitting side by side. It also includes chat and access to remote microphones, with HD-quality video and audio transfer built in. An add-on service, Splashtop Antivirus powered by Bitdefender, offers additional security capabilities when accessing remote computers and transferring files back and forth.

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Splashtop’s plans cost between $5 and $8.25 per user per month. Check out our complete Splashtop review for more information.

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Choosing remote desktop and remote PC software

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Different remote desktop and remote PC software applications serve different purposes. Think about your needs when deciding which software is right for you and your business. Consider how you’ll be using remote PC software, as well as what operating systems and other software you’ll be using with it, as you consider your options.

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Some are designed for IT professionals needing to remotely control computers, while others are designed for employees accessing work computers from home. Different programs provide different levels of support for adjusting system configurations and remotely accessing files, software, and audio and video, and different applications offer different levels of compatibility with other software. Regardless of which you need, remote desktop and PC software is a must if your team works remotely.

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Steven Melendez and Sean Peek contributed to this article.

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Gone are the days when small businesses relied on their phone systems solely to make and receive calls. Today’s best business phone systems have expanded their services, giving employees the ability to connect with team members, partners and customers all from one place. It’s thanks to the growth of voice-over-internet-protocol (VoIP) and cloud-hosted services that unified communications (UC) is now the norm for modern businesses. This advancement in digital communications enables users to access the same telecommunications tools whether they’re in the office, working from home or on the road. This guide to UC explains what makes them so useful and how your business can take advantage of these all-encompassing tools.

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Editor’s note: Looking for information on business phone systems? Use the questionnaire below, and our vendor partners will contact you to provide you with the information you need.

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What is a UC system?

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A UC system is a cloud-hosted business communications system that merges multiple services, such as email, telephone, internet browsers and video conferencing, through a combination of hardware, software and network solutions. The beauty of a UC system is that it gives you a consolidated, affordable, flexible way to talk to your team through any computer or mobile device — from anywhere with an internet connection. This makes a UC system ideal for teams that work from home since the expense of a shared office space is too high.

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John Pope, co-founder and former CEO of Jive Communications, said the typical setup of a traditional phone system included a computer server, a manual control board and multiple lines that connected to the public system. Those lines then connected to an internal switching system that directed calls to everyone’s individual phone lines.

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“If that sounds complicated, it’s because it is,” Pope said.

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Since all the communication tools in these systems rely on the internet to move data back and forth, Pope said, the only things UC requires are an internet connection and a computer or an IP phone. “This simplified and unified offering drives down costs while providing powerful features that extend beyond simple dial tone.”

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Benefits of UC systems

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Today’s increasingly mobile workforce requires easy ways for employees to communicate with both peers and customers from anywhere. As a result, remote and hybrid work is a major factor driving the popularity of UC systems. Whether it’s video conferencing with customers or instant messaging with co-workers, UC systems offer a wide selection of tools to keep the lines of communication flowing for workers. [Check out our buyer’s guide to see options for video conferencing services for your small business]

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“Unlike a traditional business phone system that only offers the ability to make and receive calls, UC combines phone service, video conferencing, team messaging, SMS, fax and other communications tools on a single integrated platform,” said Jose Pastor, former senior vice president of product management at RingCentral. Most small businesses benefit from all of these services.

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Access on any device

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Since the traditional 9-to-5 workday at an office desk is largely a thing of the past, tools that allow communication from any device at any time are critical in today’s fast-moving, tech-driven world.

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“Between mobile and advanced collaboration technologies, now more than ever, people are working away from the office easily and successfully,” Pope said. “It’s allowing more flexibility, more globalization and, most importantly, better communication.”

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Flexibility

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While having all these communication tools is highly beneficial to workers, offering them all in one package is what makes UC systems appealing.

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“Providing flexibility and choice in how workers communicate is important, but it’s key to wrap these communications tools in a unified experience to provide today’s digital workforce a seamless user experience,” Pastor said.

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Improved productivity

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Research from RingCentral revealed the level of “app overload” many employees experience. The study found that workers today regularly use four communication apps on average, with nearly 70 percent of workers wasting up to 60 minutes a day ― the equivalent of 32 days per year ― toggling between those apps.

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The research found that workers realize how valuable having access to all their communication tools on one platform is. Two-thirds of those surveyed want a single platform for all their communications, citing better workflow, increased productivity and reduction in chaos as the top benefits. As you get your operations off the ground or refine them after your initial startup phase, consolidate your communications into one platform.

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Pope believes that access to all these communication tools from one location has a positive impact on a company’s innovation, productivity and efficiency.

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“Some of the benefits that can overhaul your culture and communications and lead to hyper-growth for your business include streamlined communications, increased mobility, superior reliability, improved customer interactions, enhanced security, a positive employee culture, advanced functionality and access to important data and tools that will impact development,” he said.

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Lower cost

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Cost savings is another advantage of UC systems. Instead of your company paying for each of these tools separately, UC providers bundle them together for a significantly lower cost. This pricing is a key reason why UC has become prominent in the small business space

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“Businesses can save upward of tens of thousands of dollars by investing in unified communications systems,” Pastor said.

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The best UC systems

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Nextiva

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Nextiva is a business phone system that specializes in phone systems for customer relationship management (CRM) solutions, offering multiple options that can integrate the best CRM software easily. By streamlining processes like account history, sales pipeline management and case routing, Nextiva offers tools to help sales representatives and customer service managers.

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That said, some new businesses — and even some not-so-new small businesses — don’t need CRM tools, and Nextiva is still a fit for these businesses. The platform also offers leading phone services, including voicemail-to-email and call recording, while collaboration tools like audio conferencing and team messaging can improve productivity and keep your business running. With a reported 99.999% uptime, Nextiva can ensure your company’s continuous 24/7 service throughout the United States.

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Nextiva’s costs run from $17.95 to $37.95 per user, per month, depending on the type of plan you need and how many users will require access to the system. You can learn more in our full Nextiva review.

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RingEX

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Easy to integrate, simple to use and featuring wide functionality, RingEX offers businesses of any size a reliable, cloud-hosted VoIP UC platform. Features include virtual receptionists to guide callers, call recording and call screening while a 99.9999% uptime enables RingEX to provide reliable 24/7 service.

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RingEX has deployed a series of artificial intelligence (AI)-powered tools, giving users the capability to transcribe calls or analyze sales conversations automatically. It also offers a virtual whiteboard that lets you map out ideas through drawings, notes and annotations. Available for both desktop and mobile devices, RingEX can easily keep teams connected, both in and out of the office.

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RingCentral’s costs range from $20 to $35 per user, per month, when paid annually. Read our full RingCentral review to learn more.

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Ooma

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Ooma offers a powerful platform for teams to communicate from virtually anywhere through a desktop or mobile device, with the capability to host a video conference with up to 25 users in Pro plans or 100 in Pro Plus plans. Although it may not have the full feature set of other UC systems, Ooma is a great choice for small and midsize businesses that need to communicate quickly without all the bells and whistles.

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All of the essential features of a UC system are accounted for on the Ooma platform, including voicemail, call logs and even virtual extensions for remote workers. Better yet, for organizations using Ooma from within an office, the system supports both IP and analog phones. With responsive customer service and tech support, Ooma offers a simple, low-cost way to set up a UC system without an information technology expert.

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Ooma offers three subscriptions: Essentials, which is $19.95 per user, per month; Pro, which is $24.95 per user, per month; and Pro Plus, which is $29.95 per month. Learn more in our full Ooma review.

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The future of UC systems

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While UC systems offer a wide range of functionality, there is still room for growth.

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Expanded integrations

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One way Pastor sees these services evolving in the future is by having more built-in integrations with other business programs and apps. As an example, he points to the RingEX integration with Salesforce that allows the software’s users to initiate calls with one click, without ever leaving Salesforce.

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“UC systems will continue to evolve to make business communications more seamless and tightly integrated into existing business workflows,” he said.

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Remote and hybrid work tools

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The growth of remote and hybrid work has made UC systems more essential than ever and the rapid development of AI technology has made it possible for systems to include features for tracking calls, transcribing recordings and aid in customer service. That’s likely to only continue as AI grows more advanced and affordable. These AI features can handle work you’d often give to an employee. That’s helpful if your small business budget is so minuscule that bringing on new team members is infeasible.

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Increased international business activity

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The expansion of these types of systems will also change the way businesses grow. Pope suggested that UC will lead to more global expansion. Although worldwide reach might not be on your mind quite this early in your business-owning journey, there’s no reason to slam that door shut.

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“As the globalization of business escalates, UC will grow proportionately, creating opportunities for businesses to go global,” he said. “As the remote workforce continues to expand, we’ll see video and web conferencing rise in popularity and necessity.”

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UC can give your business a boost

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UC systems are more than traditional office phone networks. They’re powerful systems that employees can access from the office or on the road and can support more than just ordinary calling. Team messaging, external texting and video calls are all supported by modern UC systems. Many increasingly provide integrations with other software, including sales CRM packages and AI tools that can save you time by transcribing phone calls.

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UC systems are designed to be set up and used to support your business operations. When you’re choosing one, don’t only think about making phone calls. Think about your business processes, how your business might eventually grow and all the ways your UC system might be able to support you.

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Steven Melendez and Eduardo Vasconcellos contributed to this article. Source interviews were conducted for a previous version of this article.

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