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Thursday, April 25, 2024

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Defined Contribution Adds Flexibility for Employers, Employees

The concept of Defined Contribution (“DC”) has been utilized for years in cafeteria and 401(k)/retirement offerings. Defined Contribution or DC is a dynamic change to the manner in which employee benefits, specifically health insurance, will be offered as…
EDITOR’S NOTE: The following article is adapted from the Connecticut Energy Marketers Association CEMA Pipeline newsletter with the permission of the Association and GBAC. The… https://oilandenergyonline.com/articles/all/defined-contribution-adds-flexibility-employers-employees/

How to Determine Company Requirements Under ACA

How does the Affordable Care Act (“ACA”) apply to seasonal employees that you retain from year to year?
EDITOR’S NOTE: The following article is adapted from the Connecticut Energy Marketers Association CEMA Pipeline newsletter with the permission of the Association and GBAC. Many… https://oilandenergyonline.com/articles/all/how-determine-company-requirements-under-aca/

People Power

In December 2013 Oil & Energy discusses how to nurture your workforce to improve profitability
In December 2013 Oil & Energy discusses how to nurture your workforce to improve profitability       https://oilandenergyonline.com/articles/all/people-power/

Marketers Come to Terms With Obamacare Requirements

Regional heating and energy associations provide assistance for members to meet Affordable Care Act (ACA) requirements.
ALTHOUGH THE FEDERAL IMPLEMENTATION OF the Affordable Care Act (ACA) has been a struggle, company owners are not excused from their obligations under the law, and many are… https://oilandenergyonline.com/articles/all/marketers-come-terms-obamacare-requirements/

Nurture Your Workforce

What are some of the key company paybacks for investing in employees and employee relations?
What are some of the key company paybacks for investing in employees and employee relations? The companies in your audience pretty much sell the same products as their… https://oilandenergyonline.com/articles/all/nurture-your-workforce/

How Much Should You Pay a Salesperson?

Maintaining a steady flow of new oilheat or propane customers, along with equipment sales and service, is the lifeblood of any retail energy company. Unless you have the time to spend seeking out prospects and following up sales leads, having a sales staf…
Maintaining a steady flow of new oilheat or propane customers, along with equipment sales and service, is the lifeblood of any retail energy company. Unless you have the time to… https://oilandenergyonline.com/articles/all/how-much-should-you-pay-salesperson/

Revamp Your Receivables

AROUND FOUR YEARS AGO, SOS XTREME Comfort, of Tuxedo Park, N.Y., decided to partner with AVATAS Payment Solutions, of Newton, Mass., to gain assistance in their receivables process. Like many heating fuels companies, SOS had grown into the habit of extend…
AROUND FOUR YEARS AGO, SOS XTREME Comfort, of Tuxedo Park, N.Y., decided to partner with AVATAS Payment Solutions, of Newton, Mass., to gain assistance in their receivables… https://oilandenergyonline.com/articles/all/revamp-your-receivables/

NTSB Demands Audit of FMCSA

Schadenfruede. That’s not a typo — it’s a (long) German word that means taking pleasure at the misfortune of others. There are going to be plenty of motor carriers feeling that way this month, as the National Transportation Safety Board has laid a broadsi…
Schadenfruede. That’s not a typo — it’s a (long) German word that means taking pleasure at the misfortune of others. There are going to be plenty of motor carriers feeling that… https://oilandenergyonline.com/articles/all/ntsb-demands-audit-fmcsa/

Regulators Rule on Conn. Natural Gas Expansion

Energy marketers in Connecticut face a long, tough battle with the natural gas utilities after state regulators gave their preliminary approval to a plan to grow the state’s natural gas customer base. Chris Herb, President of the Connecticut Energy Mar…
Energy marketers in Connecticut face a long, tough battle with the natural gas utilities after state regulators gave their preliminary approval to a plan to grow the state’s… https://oilandenergyonline.com/articles/all/regulators-rule-conn-natural-gas-expansion/

EPA Reduces RFS Volumes

In November, the Environmental Protection Agency (EPA) released its proposed volume requirements for the 2014 Renewable Fuel Standard (RFS). The proposal would scale back next year’s total renewable fuel volumes from 18.15 billion gallons to 15.21 billion…
In November, the Environmental Protection Agency (EPA) released its proposed volume requirements for the 2014 Renewable Fuel Standard (RFS). The proposal would scale back next… https://oilandenergyonline.com/articles/all/epa-reduces-rfs-volumes/

ACEEE Again Names Mass. Most Efficient State

Massachusetts is the most energy efficient state in the nation for the third year in a row, according to the American Council for an Energy-Efficient Economy’s (ACEEE) annual State Energy Efficiency Scorecard.
Massachusetts is the most energy efficient state in the nation for the third year in a row, according to the American Council for an Energy-Efficient Economy’s (ACEEE) annual… https://oilandenergyonline.com/articles/all/aceee-again-names-mass-most-efficient-state/

‘Squeeze the Tube’ for Your Customers

You know how when a tube of toothpaste starts getting low, you squeeze the tube to get the last little bit of toothpaste out? It was easier to do back when the tubes were metal, because you could roll them up and really get that last little drop. Today th…
You know how when a tube of toothpaste starts getting low, you squeeze the tube to get the last little bit of toothpaste out? It was easier to do back when the tubes were metal,… https://oilandenergyonline.com/articles/all/squeeze-tube-your-customers/

Hedging Against Fixed Price Contract Defaults

U. S. markets, in particular the stock markets and petroleum markets, have, with considerable help from the Federal Reserve, made a stunning recovery from the 2008 price plunge. Does this mean that we are in a position where we could experience another he…
U. S. markets, in particular the stock markets and petroleum markets, have, with considerable help from the Federal Reserve, made a stunning recovery from the 2008 price plunge.… https://oilandenergyonline.com/articles/all/hedging-against-fixed-price-contract-defaults/

New SMS Requirements Are Just Common Sense

THE FEDERAL COMMUNICATIONS COMMISSION’S (FCC’s) new rules on business-to- customer text messaging might send a chill up your spine, but compliance is easier than you might think.
THE FEDERAL COMMUNICATIONS COMMISSION’S (FCC’s) new rules on business-to- customer text messaging might send a chill up your spine, but compliance is easier than you might… https://oilandenergyonline.com/articles/all/new-sms-requirements-are-just-common-sense/

Think Tanks

In November 2013 Leading experts offer advice on fuel storage and security
In November 2013 Leading experts offer advice on fuel storage and security       https://oilandenergyonline.com/articles/all/think-tanks/

10 Ways to Generate More Business This Winter

The heating season is upon us, but there us still time to tackle some last-minute marketing projects that can generate additional revenue and improve your profitability in the cold months ahead.
The heating season is upon us, but there us still time to tackle some last-minute marketing projects that can generate additional revenue and improve your profitability in the… https://oilandenergyonline.com/articles/all/10-ways-generate-more-business-winter/

Propane Tank Locks Deter Theft and Unauthorized Fills

Lock America offers two types of propane tank locks to help marketers discourage unauthorized fills and prevent tank theft.
Lock America offers two types of propane tank locks to help marketers discourage unauthorized fills and prevent tank theft. Frank Minnella, CEO of LockAmerica, said the company… https://oilandenergyonline.com/articles/all/propane-tank-locks-deter-theft-and-unauthorized-fills/

Hedging Guidance Adds Valuable Perspective

When Mobil Oil transferred me to New England in the early ‘90s to work in the Distillates Department, price protection programs offered by heating oil retailers to consumers were in their infancy. As with a lot of start-up programs, the offerings were not…
When Mobil Oil transferred me to New England in the early ‘90s to work in the Distillates Department, price protection programs offered by heating oil retailers to consumers… https://oilandenergyonline.com/articles/all/hedging-guidance-adds-valuable-perspective/

When Failure Is Not An Option

Knowing what we know about Ted Burke today, if you were growing up with him he just might have been one of those kids who was game for anything. Eat that bug? Sure. Jump out of that tree? OK. Put a tack on the teacher’s chair? Sounds like fun.
EDITOR’S NOTE: The following case study was contributed to Oil & Energy by Blackmer. Knowing what we know about Ted Burke today, if you were growing up with him he just might… https://oilandenergyonline.com/articles/all/when-failure-not-option/

Make Your Numbers Count

Does it feel like the margin for error in your business keeps getting smaller? If so, you’re not alone.
Does it feel like the margin for error in your business keeps getting smaller? If so, you’re not alone. The world we knew even 10 years ago is gone. In its place, we wake up every… https://oilandenergyonline.com/articles/all/make-your-numbers-count/

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