Three “End of Year” Tips for Small Businesses

Nearly every industry can become overwhelmed towards year-end. The holidays, in particular, bring the need for extra resources, extended hours, and more. The following 3 points are good things to keep in mind for an effective and safe close of year.

Employees Should Continue to Follow COVID Guidelines

The Emergency Temporary Standards set by Cal/OSHA have a new expiration date: January 14, 2022. Businesses of all types should continue following these practices until then. Please be aware that additional revisions (or even an extended expiration date) may still occur. Read the latest updates here.

Seasonal & New Hire Training

The need for additional holiday help is common — as well as experiencing an increase in consumer foot traffic. Be cognizant that all new employees are properly trained, despite possibly being short on time. Proper training leads to less likelihood of on-the-job injuries.

Double Check Payroll Details

As the year wraps up, make sure you have the most up-to-date payroll records in preparation for final audits. This includes having access to your business’ exclusions and/or credits. It is also recommended that your business’ waivers and officer information is up-to-date with your workers’ compensation insurance broker. Having these details ready sets up your business for appropriate payroll reporting.

The preceding points can help businesses see an increase in employee safety, productivity, and teamwork. Reach out to your service partners and providers for additional resources — and more — which may be included in your coverage.

Products and services provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued.