Corporate Synergies

NOVEMBER 5, 2018

Employee benefits are typically the second-highest expense for employers—right behind payroll. But unlike payroll, benefits are difficult to budget for each year because the upcoming annual renewal rate can feel like a mystery. A good carrier relationship can help you come to an agreement when negotiating benefit renewals.

Insurance Carriers 45

Insurance Carriers Health and Welfare Insurance Health Insurance 45

Genesis HR Solutions

AUGUST 19, 2020

Not only do PEO clients get expertise from their PEO partners, they no longer need to do the grunt work for the administration of their company’s HR, benefits, tax, payroll, and compliance issues, giving them time to focus on the core functions of their business—and focus on growth. Managing insurance carrier relationships.

Work From Home 52

Work From Home Professional Employer Organization Insurance Carriers Human Resources 52

Genesis HR Solutions

JANUARY 28, 2019

If you’re like most business owners, one of the biggest things you may worry about in relation to your company is the cost of providing health insurance to your employees. In one 2018 report, almost 80 percent of respondents said they worry about the cost of health benefits. world of health insurance.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Professional Employer Organization 40

Genesis HR Solutions

AUGUST 9, 2018

per hour worked in March 2018. Deductions must be set up in payroll and carrier invoices must be paid each month. Sometimes changes made online don’t get through to the payroll processor or insurance carrier in time, so the employee or their dependents aren’t added to coverage until next month.

Employee Benefits 40

Employee Benefits 401(k) Health Insurance Insurance Carriers 40

Benefits Notes

MARCH 31, 2021

While employers (for self-insured plans and multi-employer plans) or insurance carriers (for fully insured plans) are responsible for the COBRA subsidy, the paying entity is entitled to take a federal tax credit against payroll taxes. ” Payroll Tax Credits. Tax Credit. Voluntary Paid Leave Tax Credits.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40