Time to Close out the current year and get ready for next!
To help you complete Year End Close, we have prepared an End-Of-Year Checklist for you to use. Happy Holidays from the entire McCloskey Partners, LLC Team. Have a great holiday season!
Download Printable PDF of ChecklistAs we transition into a new year, businesses begin the process of compiling their end of year key business metrics, creating strategies and plans for the upcoming year, and ensuring the organization is compliant with any new legislation and regulations coming into effect. Nothing has more of an impact on each of these things than the company’s Human Resources.
The goal of this checklist is to provide McCloskey Partners clients with a guide for closing out 2018 and preparing for 2019 from a human resources management standpoint. Please don’t hesitate to reach out to us if you have any questions or need guidance.
It has been proven time and again that specific HR strategies and measures lead to better results in nearly every aspect of the business including financial outcomes. As a result, it is strongly recommended that clients develop plans that include measures that align its people with the organization’s goals.
BENEFITS (Including Affordable Care Act)
Just like payroll, non-compliance to benefits related legislation and regulations could result in hefty fines and other costs. Also, not managing your company’s benefits well or not communicating needed information to employees could lead to low morale and possibly turnover.
EDUCATION AND TRAINING
Any plan is going to include education and training for the organization’s leadership and staff. What your strategy for #MeToo Sensitivity Awareness Training. If you are thinking…. “strategy… what strategy.” You may want to reach out to McCloskey Partners and schedule time to talk about training.
FAMILY MEDICAL LEAVE ACT (FMLA)
FORMS
METRICS
Let’s take a look at some basic HR metrics for 2018 to learn how you did this past year.
If you’ve found that the measures above are too high, don’t panic. With a clear plan, these measures can improve.
MISCELLANEOUS COMPLIANCE
PAYROLL
Being non-compliant with the Fair Labor Standards Act and IRS requirements can be very expensive for an organization. The items in the checklist below will help you with being compliant. Please contact us if you have any questions.
PERFORMANCE MANAGEMENT
Job performance evaluations and objectives need to support the overall goals of the company.
STAFFING PLANS
McCloskey Partners will partner with YOU to create and implement plans to align the organization’s overall goals for 2019. Please give us a call!
TRAINING
It’s imperative that each organization understands the training requirements mandated either through federal or state law. Also, many industry specific regulations exist that require employers to provide specific training. Please contact McCloskey Partners to learn what specific training requirements your organization may have.
The following list provides the minimum training each employer should be providing its people.
WORKERS COMPENSATION AND OSHA
POLICIES
For additional information on how to check off items from your business’s end-of-year checklist, contact McCloskey Partners, LLC. McCloskey Partners, LLC is your Human Resources & Recruiting & Training Provider. Contact us today to discuss this Year End Checklist at: Phone: 215-716-3035 x 706. To learn more about our services, stop on by our website: www.mccloskeypartners.com or e-mail us at services@mccloskeypartners.com.