As a business leader, staying compliant with labor laws is crucial and arguably the #1 employment liability. The Department of Labor (DOL) has announced a significant change to the minimum annual salary required to classify an employee as exempt from overtime laws, with the first stage of the increase taking
At HumCap, we understand the pivotal role that people play in the success of your organization. As experts in human capital management, we keep a close eye on regulatory changes that impact the workforce. Recently, the Federal Trade Commission (FTC) finalized a groundbreaking rule that bans noncompete agreements for most
As May unfolds, it’s not just the flowers that are blooming; it's also a time to celebrate Small Business Month! For many small business owners, growth is the ultimate goal, but with growth comes complexity, particularly in the realm of Human Resources Management. Keep reading as this blog dives into
Employee turnover can pose a considerable challenge for organizations, affecting productivity, morale, and ultimately, the bottom line. High turnover rates disrupt operations and entail costs related to recruitment, training, and lost productivity. Therefore, fostering an environment that encourages employee retention is crucial for sustainable business growth. In this blog post,
As we commemorate Women's History Month, HumCap proudly celebrates the resilience, achievements, and invaluable contributions of women not only in March but every day of the year. With over 50% of our workforce comprising of women, we're honored to highlight the experiences and advice shared by the remarkable women of
As February unfolds, the anticipation of spring fills the air, especially this year with Groundhog Phil’s prediction of an early spring! Much like Phil’s forecast, this new season brings a sense of renewal and growth, signaling the end of hibernation and the beginning of a vibrant new season. But what
We are thrilled to announce that our HumCap Recruiting Team has been selected as one of the top three finalists for DallasHR’s ‘Recruiting Team of the Year’ to be awarded at the upcoming Dallas HR Stars Gala in February. This recognition is a testament to our team's unwavering commitment to excellence, innovation,
Breakups aren’t easy, but with HumCap’s help, they are. Are you overpaying for your PEO services? What if we told you that tens of thousands of dollars in savings could be waiting for you outside of your PEO? Keep reading to find out how you can save. What is a
As December approaches, we all can feel that the end-of-year countdown is on. Businesses are gearing up for a successful transition into the new year. At HumCap, we understand the critical importance of aligning your human resources strategies with year-end priorities to ensure a seamless start to 2024. As your
At HumCap, we are thrilled to share some exciting news: for the second year in a row, we've achieved the honor of being certified as a "Best Workplace in 2023" by the Best Workplaces Institute. This achievement stands as a testament to our amazing team and we couldn't be prouder.
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