Businesses Bracing For Impact: Hawaii’s Unemployment Insurance Rate Increase

Businesses Bracing for Impact: Hawaii’s Unemployment Insurance Rate Increase

ALTRES Inc. CEO, Barron Guss provides a behind the scenes understanding of Hawaii’s Unemployment Trust Fund crisis for Hawaii Businesses and what's in store for the road ahead. 0:00 - "UI Background - How we got here" 8:36 - "Unpacking the Legislative Solutions" 17:56 - "UTF Solutions - The Elephant in the Room" Update - UI Relief Bill sent to Governor (2/24/21) On Wednesday, the legislature held a press conference regarding House Bill 1278 HD1 which won final passage on Monday and was sent to the Governor’s desk for signing this afternoon. HB 1278 HD1 seeks to expedite the State’s economic recovery by temporarily reducing the employer’s unemployment contribution rates to Schedule “D” for 2021 and 2022. To watch the press conference, click below.  The pandemic has had far-reaching effects on all aspects of everyday life and Hawaii businesses are no exception and have experienced more than their fair…

How To End 2020 HR Strong

How to End 2020 HR Strong

Key strategic human resources tasks Hawaii business owners should be sure to address to be more effective in the coming year.
Success Story: St. Louis School

Success Story: St. Louis School

When Saint Louis School’s, Dr. Glenn Medeiros stepped up to the challenge of President after serving as Head of School, he looked to engage a team of professionals to help meet the challenge of supporting faculty and staff while balancing the needs of students and parents. Their business operations turned to simplicityHR by ALTRES, Hawaii’s trusted leader in payroll and HR outsourcing, to boost their administration roster and allow staff to focus on educating the young men of Kalaepōhaku. While simplicityHR experts are the personal touch behind the partnership, the backbone of the HR administration ecosystem is HR Symphony® an integrated, cloud-based technology that brings together all HR functions into a customized platform for Saint Louis School. HR Symphony® not only supports payroll processing, the software assists with recruiting and hiring, benefits administration, employee management, and business intelligence. “When it comes to expertise, simplicityHR has been wonderful! Their team of HR experts are just a phone call away and working behind the scenes to support us daily,” said Dr. Medeiros. “This partnership allows me to prioritize and…

A Practical Guide To Business Continuity For Local Employers

A Practical Guide to Business Continuity for Local Employers

by John Foster, CPCU, ARe, ASLI, AFSB Auwe! Has your business or organization been impacted by COVID-19? Are you concerned and wondering what steps you can take to preserve the equity you built into your business all these years? If so, this article is written to help you take certain steps that will help you weather the storm. Hawaii is getting hit hard. Everyone knows tourism is a major part of our economy. Actually, tourism was the largest contributor to Hawaii’s GDP, about 21%. On March 30, the Honolulu Star-Advertiser informed us that unemployment may hit 25%, not an uplifting prospect. COVID-19 will do more damage to Hawaii than Hurricane Iniki did in 1992 or 9/11 in 2001. And while it will be rough for some time, this too will pass. Once we get used to the shock of this…

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