Genesis HR Solutions

JUNE 27, 2022

In this article, we explain why you need an HR function for your business, no matter the size, but also what it means to have an HR function. Professional Employer Organizations (PEOs). 401k plan administration (if adopting sponsored plan). Are HR departments required? It might not look the way you think!

Human Resources 52

Human Resources 401(k) Professional Employer Organization Payroll 52

Genesis HR Solutions

JUNE 1, 2022

In this article, we’re focusing specifically on what you need to know in order to manage payroll correctly. Before you begin hiring, apply for an Employer Identification Number (EIN). We are a professional employer organization (PEO) that acts as the employer of record for payroll and tax purposes.

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Payroll 401(k) Management IT 52

Genesis HR Solutions

APRIL 23, 2020

This article outlines some best practices with regard to benefits administration for new hires; use them to review and improve your benefits administration process. Retirement benefits: 401(k), 403(b), 457(b) retirement plans and IRAs. Retirement benefits may have a lower threshold depending on the plan design.

Health and Welfare 52

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Genesis HR Solutions

SEPTEMBER 21, 2021

If you’re asking yourself any of these questions, this article is for you. PEO stands for “professional employer organization”; small and midsize businesses that engage a PEO gain an ally when it comes to health insurance. Should you provide insurance at all? Are there alternatives? You can learn more here.

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Genesis HR Solutions

OCTOBER 24, 2022

These materials will include: The employee’s final pay (prepared by payroll) COBRA information for continuing benefits A separation memo that states what happens to an employee’s benefits as related to 401(k) plans and health coverage when they depart. You can learn more in our article: How long do you need to keep HR paperwork?

401(k) 52

401(k) Payroll Professional Employer Organization Employee Recognition 52

Genesis HR Solutions

AUGUST 9, 2018

In this article, we’ll look at: The benefits most businesses offer. 401(k) and retirement plans. Sometimes benefits are paid for wholly by employers; other times they are paid for by employees, and sometimes the expenses are shared. How the benefits expenses are shared (or not) is determined by the employer.

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Genesis HR Solutions

NOVEMBER 20, 2018

What is a Professional Employer Organization? A Professional Employer Organization (PEO) allows its clients to outsource many of their human resource functions, share employment liability, and, oftentimes, gain economies of scale to bring an improved benefits package to their employees. PEO Benefits.

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Human Resources Health Insurance 401(k) Benefits Package 40

Vantage Circle

SEPTEMBER 11, 2023

JustWorks Justworks is a professional employer organization (PEO) specifically tailored to cater to the needs of small and midsize businesses. This article is written by Vaishali Goswami , a member of the content team at Vantage Circle. Offers extensive savings through exclusive discounts and deals.

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Employee Benefits Payroll Retirement Plan Software 52

Genesis HR Solutions

SEPTEMBER 22, 2020

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. This NerdWallet article breaks down the differences between short-term disability insurance and long-term disability insurance. Retirement.

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401(k) Employee Benefits roth 401(k) Disability Insurance 98

Genesis HR Solutions

SEPTEMBER 3, 2019

Get ready: You’re about to read the ultimate guide to professional employer organizations, also known as PEOs. This article covers: What is a PEO? PEOs and the co-employment relationship. PEO benefits for employers. Information about certified professional employer organizations (CPEOs).

401(k) 40

401(k) Professional Employer Organization Human Resources Payroll 40

Business Management Daily

AUGUST 28, 2023

For the HR software programs I reviewed in this article, I paid close attention to each system’s user interface (UI) – and some were definitely easier than others. The great thing about intuitive software is that you can get your team up to speed on it with minimal training — meaning you won’t lose much in the way of productivity.

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