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Transforming HR Ahead of Financial Reforms

Few industries have experienced the regulatory transformation that is underway in the financial services industry. Just this week, President Obama signed into law the most sweeping banking reforms since the Depression.

The intent of the Dodd-Frank Wall Street Reform and Consumer Protection Act is to curb risky business bets by banks and other financial institutions that contributed mightily to the recent recession.

Of course, this was never the problem for many community banks such as Dallas-based Preston National, a TriNet customer since July 2009. Still, as Debbie Crump, VP and Cashier at Preston National Bank explains to us in our newest case study,  such regulation greatly complicates her dual role of managing compliance while also simultaneously running HR and security.

Crump says that working with TriNet “frees my time up to take care of more important things that are pending, such as government regulations that change constantly.”

We can appreciate her dilemma. It’s why we’re here to help her without adding to the complexity of her workday. So far, so good. She adds, “I mostly talk to the staff on payroll and HR issues and they have been great.”

Employee Spotlight: George Glover – Internet Applications Designer & Talented Musician

GeoHomeGeorge Glover is an 11-year TriNet employee. He is a valued member of our web development team, but his talents extend far beyond his role as a graphic designer. Outside of the office, he is an accomplished musician and has been playing professionally for the last 35 years.

George has a long history of playing piano and keyboard and made his living as a musician prior to joining TriNet. In the mid ’70s, George toured with saxophonist John Handy, opening for Richard Pryor, Grover Washington Jr., and George’s favorite band, Weather Report. He toured with numerous acts along the West Coast and Canada throughout the ’80s and, in the ’90s, played on Hornblower cruise liners and for private events, teaming up with his wife, vocalist Nita Hamilton, and saxophonist Johnny Almond (of John Mayall and the Bluesbreakers and The Mark-Almond Band fame).

George’s passion for music continues today, and his George Glover Trio can be seen playing original and classic jazz tunes in small venues all over the East Bay. George’s wife is often his featured vocalist and both are currently working on their own solo albums. Their son plays drums in a band, and two of their three daughters play guitar, piano and flute, as well as sing.

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Job Applicants Who Fib and the Tips Managers Can Employ to Avoid Hiring these Candidates

Last month, ABCNews.com was seeking stories from hiring managers and recruiters who experienced candidates who fibbed on their resumes, bios, portfolios, etc., for an article that was being written. Whether it’s extreme or humorous, the assignment was sure to find a wealth of anecdotes about catching “faked resumes and concocted credentials.” TriNet’s PR team chatted [...]

Colleague Throws Out First Pitch at Rays Game

On Sunday, TriNet’s Q3 company event for the Bradenton, Tampa, Manasota, Lakeland and Bonita Springs, Florida, offices was attending the Tampa Bay Rays game against the Cleveland Indians at Tropicana Field in St. Petersburg. All colleagues were treated to the traditional ballpark hotdog, soda and cracker jacks, as well as TriNet branded cowbells to ring [...]

Why Small Businesses Doubt Obama’s Mantra About Keeping Current Health Insurance

By Todd Cohn
While Health Care Reform (HCR) is designed to bring coverage to all Americans, as the dust has settled and the rules have begun to emerge, it is becoming clear that the small business community stands to be the big loser as it heads into open enrollment season and makes decisions that will have [...]

How One Company Boosted Employee Satisfaction

Job satisfaction is a simple idea but behind it — as every employer knows — is a complicated set of variables having to do with pay, company culture, work/life balance, performance and job benefits, among many other factors.
And job satisfaction matters when you’re trying to attract and retain talented employees, as highly satisfied workers can [...]

The Debate Continues about Performance Reviews

Last week, the Financial Post published an article that asserts we should do away with performance reviews because today’s work is much more collaborative and therefore make performance reviews not as valuable as they once were when we worked in an environment where “control of individual employee performance was a key function.”
The FP article leans [...]

How Health Care Reform Will Impact Small Business

Ninety days after passage of the historic Affordable Care Act, the U.S. government continues its quest to persuade the American public, including small and midsize businesses, that the legislation will improve health care.
For instance, Healthreform.gov features an article that makes a case for how health reform benefits small businesses, including the availability of various tax [...]

Ravenflow Finds a Trusted Advisor

When an emerging company reaches a certain size, the founders will weigh the pros and cons of hiring a full-time HR specialist.
Competing priorities for managers make it very difficult for them to grow the business while also keeping an eye on changing HR rules and provisions, recruiting or retaining key workers, shopping for the right [...]

Tax Credits Offset by Health Insurance Rate Hikes

Tax credits intended to help small business owners provide employees with health care coverage become available this month. But few employers will celebrate.
Certain health insurance companies are rushing to raise rates by as much as 75 percent, according to a recent article in the San Francisco Chronicle.  The article examines rate hikes by providers such [...]