When financial data has been lost or destroyed, it’s imperative that organizations have their data reconstructed quickly and efficiently in order to move forward. Forensic data reconstruction allows organizations to recreate their accounting systems.

Here’s what you need to know about financial data loss and how forensic data reconstruction can help.

Are you struggling to hire quality employees? Has the shortage of employees struck you hard? This is not going to be alleviated anytime soon. COVID-19 accelerated numerous retirements, spurred entrepreneurship, or pursuit of other opportunities while people were furloughed, and with the challenges of finding daycare, many two income homes have found a way to survive on one income, while a stay-at-home parent develops a side hustle replacing a job. And we won’t even get started on the extra unemployment income (but do you really want those employees back anyway?).

Employee benefit plans are a common perk for many organizations. They are often seen as a necessary employee benefit, but they also come with a strong need for compliance. Specifically, ERISA-covered group health plans and retirement plans can be subject to HIPAA privacy and security laws, assurance and audit requirements and more.

Cybersecurity is often not a focus for many organizations’ employee benefit plans. After all, what would a cybercriminal want with an employee benefit plan?

The following is a guest blog by Greater Mankato Growth member, Blethen Berens. In it they highlight two important elements of the American Rescue Plan as it relates to employee leave.

On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (hereinafter referred to as the “ARPA”). ARPA provides, among other things, important changes to the paid sick leave and expanded family and medical leave originally provided for under the Families First Coronavirus Response Act (FFCRA) for employers with less than 500 employees. The most important thing to note is that these leave options are completely voluntary for employers: Employers are not required to offer either emergency paid sick leave or paid FMLA leave to their employees under ARPA, but there are tax incentives available to encourage employers to voluntarily offer this paid leave.

The Paycheck Protection Program has been one of the most visible programs inside the US Government’s response to the pandemic. The overall goal of the program was to get loans to small businesses to help them keep their staff employed as we entered the unknown...

This is a guest blog post by Greater Mankato Growth member, Blethen Berens.

As COVID-19 vaccinations begin to take place in the United States, discussions are emerging about potential vaccination mandates from employers. In light of these discussions and questions, the U.S. Equal Employment Opportunity Commission (EEOC) has released guidance for employers on vaccination mandates and the interplay with various workplace anti-discrimination laws, such as the Americans with Disabilities Act (ADA) and Title VII of the Civil Rights Act.

The EEOC guidance on vaccinations indicates that employers can require that their employees be vaccinated against COVID-19, subject to certain federal and state anti-discrimination laws. Such vaccinations could be required and administered by the employer, required by the employer but administered by a third party (e.g. pharmacy or health care provider), or offered by an employer on a voluntary basis.

The process of deciding whether or not to establish a mandatory vaccination policy should involve consideration of anti-discrimination laws, non-legal business and practical considerations, and if a policy is established, clear communication with employees is critical.

This is a guest blog post by Greater Mankato Growth member business, Laketown Electric Corporation, to accompany their Business Focus video:

There is little doubt that the advancement of LED has drastically changed the landscape of the electrical contracting market for the better. Five years ago, a two-lamp fluorescent fixture would consume roughly 59 watts would deliver approximately 4,000 lumens and would last approximately 20,000 hours. They were not controllable except for on/off or occupancy sensing both with a special ballast. Once the tubes failed, they needed to be recycled in a special manner. 

Member guest blog post, submitted by EideBailly. This article originally appeared on EideBailly.comThe government has released several updates to its Paycheck Protection Program (PPP) loan forgiveness guidance over the last few weeks. Here is a brief summary to help guide you through the PPP loan forgiveness process.

This is a guest blog post by Greater Mankato Growth member business, Eide Bailly LLP.

As economies reopen across the country, many organizations have turned a critical eye to how they should reopen in the wake of the next normal. In a time of great operational uncertainty, how organizations can reopen and reposition themselves in the marketplace effectively will be critical to their long-term success.

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