Bukaty Blog

Utilize nontraditional training to keep employees sharp

Training employees is good for your bottom line and can be done virtually now. Online training was growing in popularity prior to the COVID-19 outbreak, but recent social gathering concerns have quickened that growth. There are several benefits to instructor-led virtual training.

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Pandemic underscores importance of technology

With tens of millions of employees working from home in recent months, employers experienced first-hand the importance of technology to keep operations moving. Even though travel and face-to-face meetings came to halt, technology supported many business processes remotely.

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Minimize cyber attack damages

The security of your business is dependent on each employee recognizing cyber scams and risks and responding appropriately. Most successful hacks occur due to human error, and these data breaches come at a high cost, so don’t take the chance. Proactive protection is critical.

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Not all accountants are the same

Accountants are not one-size-fits-all, and you want the experience and expertise that best fits your business’s needs. It may seem simple, but your business needs change day-to-day. An accountant who is a tax specialist, may not be proficient in financial reporting.

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3 ways to save time managing flex account claims

There are several advantages to tax-free benefit accounts such as health savings accounts (HSAs), flexible spending accounts (FSAs) or health reimbursement arrangements (HRAs). These accounts provide participants more direct involvement in their health care, but involvement doesn’t have to mean...

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Merge benefits and payroll for the ideal business solution

Bukaty Companies now integrates our cloud-based payroll software, InspireHCM, with our online enrollment tool. This seamless data transfer prevents duplicate data entry and enhances accuracy.

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Outsourced bookkeeping gives needed protection

As your small business grows, so do your responsibilities and financial risks. Many business owners think fraud, theft and embezzlement could never strike their organizations. But all businesses have some exposure, particularly those where the owner is stretched for time and attention.

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Your fiduciary role can be costly

As a fiduciary, one violation of the Employee Retirement Income Security Act (ERISA) could cost you. Not your business. Not your boss. You. Under ERISA, employers and administrators have fiduciary responsibility, which means they are responsible for managing the company benefit plan properly and...

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Streamline COBRA administration

COBRA compliance has never been easier for our online benefit enrollment clients with our new COBRA integration tool. For current COBRA and online enrollment clients this enhancement streamlines the COBRA process, reducing manual errors and ensuring election notices are expedited.

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Additional protection needed to protect company, decision makers

Company executives and board members are your primary decision makers and often in the line of fire when disputes or liability issues arise. They’re generally personally named in lawsuits for alleged wrongful acts because of the positions they hold. Without the proper protection their personal...

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BUKATY PODCAST

Episode 12: Enrich your company's HSA benefits

Uncover the hidden benefits of health savings accounts (HSAs). Our in-house expert reveals why HSAs are the fast-growing employee benefit.

Episode 11: Regulation changes to know in 2020

Our compliance officer recaps the more significant regulatory from 2019 that will affect your business in 2020. 

Episode 10: Lower costs with a dependent audit

Verifying plan membership is valuable to your company's bottom line. As much as 10% of dependents on your plan could be ineligible for group coverage! Learn more about conducting a dependent audit in your organization.

Episode 9: Make open enrollment a breeze

Bukaty experts share their thoughts on how to avoid open enrollment complications. Planning and communication are key.

Episode 8: Avoiding employee lawsuits

Discover how your business could be at risk for lawsuits, and learn strategies to minimize your chances of getting sued. Our podcast guest shares HR tips you won’t want to miss.

Episode 7: Management training is more important than you realize

Don't leave your managers untrained and unprepared. This episode explores the importance of training your company leaders and how it can be detrimental to your business if you don't.

Episode 6: A benefits package for all ages

Rather than limit your company to an outdated one-size-fits-all benefit package, explore customized, generationally based benefit options for your employees. Each generation has different benefit preferences and Bukaty has the technology and benefit lineup to cater to their needs.

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