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Choosing the right professionalemployerorganization (PEO) for your company is a huge project. So, before selecting a PEO, it can make a difference to find out: is this a certified professionalemployerorganization? The IRS does not endorse any particular certified professionalemployerorganization.
A PEO also referred to as a professionalemployerorganization, has continued to gain recognition mainly due to its benefits to small and medium-sized organizations within the United States. So, what does PEO stand for in HR, and what benefits does it bring to an organization? Read along to find out. Conclusion.
Do you need to worry about workers’ compensation for remote employees? When your organization adopts or expands a work-from-home policy, it’s a good idea to take a fresh look at your workers’ compensation coverage and processes. It’s important to understand that employee injuries at home may be covered by workers’ compensation.
Investing in training and development > Employees feel that they have a place to grow within the organization, which boosts retention, and understand that their employer cares about their progress and career trajectory. In turn, the organization benefits from a more skilled workforce with relevant, up-to-date knowledge.
Are you struggling with how to reduce workers’ compensation costs for your business? If not, do you understand the sizeable risk that workers’ compensation claims pose to your business, and do you have a plan in place for when these claims arise? That’s why controlling workers’ compensations costs is so important to your bottom line.
In order to better allocate time and resources, many small businesses are choosing to turn over employee-related tasks to a professionalemployerorganization (PEO). According to Houston-based Insperity, the average small business handles roughly 39 New York City phone books worth of paperwork per year.
Could adding remote workers be the answer to your hiring woes? Many businesses today look at the technology available and decide that, yes, adding remote workers to their traditional employee mix makes sense. For example, a receptionist, warehouse workers or warehouse manager all require a physical presence.
Reviewing benefits to not only ensure compliance with all new applicable laws, but to confirm alignment with worker expectations in a range of markets and offer a better employee experience for more people. Prioritizing employee wellness. Sharing techniques to promote an inclusive workplace. There is another solution: partnering with a PEO.
Expanding your team across state lines by hiring remote workers is a smart business strategy for many companies. Whatever the case, staying compliant with labor laws when hiring remote workers in a new state can be challenging. This is the number one thing to consider before hiring remote workers in a new state. Paid sick time.
To make the right choice between a furlough and a layoff when you need to downsize, knowing the differences between these two cost-saving employment actions – and what they mean for workers and employers alike – can help in the decision-making process. What is a layoff? only a couple of unpaid hours or days each week).
Many companies have seen that remote work can be a win-win for employers and employees alike in achieving increased flexibility without sacrificing productivity. Going forward, employers’ big challenge will be keeping distributed workers connected and engaged and maintaining a desirable workplace culture. Coffee or tea?
If you’re looking for ways to save on workers’ compensation insurance, you’re well aware of the direct costs that you pay in premiums. But what you may not have considered are the indirect costs of on-the-job accidents and injuries, which go beyond what you pay for workers’ compensation insurance. Setting up your safety program.
Are rumors about companies that have had professionalemployerorganization problems keeping you from hiring a PEO? And it’s natural to have a few concerns at first, especially if co-employment is a new concept to you. How will my workers’ compensation experience rating be affected by joining?
In a nutshell, the most significant difference between non-exempt workers and their peers who qualify for a white collar exemption is overtime pay and timekeeping requirements. Non-exempt employees are entitled to overtime pay, and their employers are required to track and pay all overtime hours as regulated under federal or state law.
That’s why it’s important to understand the immense value of a professionalemployerorganization (PEO) in a crisis. If you use the services of a PEO , as co-employer, they will be invested in helping you keep your workers safe. What’s the value of a PEO in a crisis? Provide guidance on keeping employees safe.
For example, suppose a company has several workers that they treat as independent contractors who should really be classified as employees. If you need help getting your house in order to attract investors, working with a professionalemployerorganization (PEO) is a great option.
To accomplish that, consider: How do you communicate your culture to workers in distant locations? That’s why many organizations turn to a professionalemployerorganization (PEO) to handle some or all these burdensome tasks. In these situations, you want all your employees to experience the same culture.
The good news: There’s help out there – it’s called a professionalemployerorganization (PEO). These organizations can work with your company to provide comprehensive and affordable payroll, benefits and human resource services through a business-to-business relationship called “co-employment.
Let’s explore all the services that a full-service PEO partner can perform for your organization and why your business may want to consider this option for the most comprehensive, cost-efficient and time-efficient HR outsourcing. Together, this equates to greater peace of mind that present and future HR needs are met.
A pro-employee job market is an opportunity for employers to engage in reinvention and renewal, to consider what’s most important to workers and to evolve for the better overall. You may want to consider partnering with a professionalemployerorganization (PEO). Invest wisely in technology.
They are when you outsource your heaviest HR burdens to a professionalemployerorganization (PEO). In a nutshell, a PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits.
If you use a professionalemployerorganization or PEO, they can adjust your payroll for your new location. In this case, it might be time to consider how a PEO can help you with employer responsibilities. Yet HR-related laws and regulations are increasingly complex.
But by ignoring your employer responsibilities to employees, you could cause a rift in your workforce and create potentially costly legal battles. Fortunately, many of these concerns can be alleviated by outsourcing to a ProfessionalEmployerOrganization (PEO). Here are seven scenarios where a PEO can come in handy.
Communicate your “electronically available” times to your co-workers and employees. This is a nice feature to use so that you can make sure you don’t double-book yourself, while still having the ability to hide certain calendars and focus solely on the rest. Book meetings for less time than you think they will take.
You can also get outside support from an employment lawyer or professionalemployerorganization (PEO). Due to the potential for mistakes, one area of compliance that all businesses need to understand is worker classification (e.g., Download our free e-book: 7 HR mistakes and how to avoid them.
For employers, EAPs reduce stress and personal distractions within their workforce, which can contribute to: Decreased absenteeism Reduced accidents and fewer workers’ compensation claims Employees who seek assistance or support may be less likely to become injured through inattention resulting from distracting personal issues.
As you talk to software vendors, it’s vital you involve frontline workers who operate existing systems to help you evaluate any new HR software and its integration requirements. Download our free e-book, HR Outsourcing: A Step-by-Step Guide to ProfessionalEmployerOrganizations (PEOs).
Information tables can be staffed with subject matter experts, such as investment advisors, insurance professionals or health club representatives. Some workers may automatically assume they can’t afford benefits. Download our free e-book, HR Outsourcing: A Step-by-Step Guide to ProfessionalEmployerOrganizations (PEOs).
Workers today are drawn to companies that give back. Not every worker will be able to participate in every activity. These team members can help amplify your communication efforts in a multitude of ways and act as a conduit between workers and management about what’s working (or not) with the program.
If HR duties are keeping you from being more competitive, a co-employment relationship with a professionalemployerorganization (PEO) might be the best solution. What is Co-Employment? Common Misconceptions About Co-Employment Relationships. Again, these concerns are valid but unwarranted.
At the turn of the last century, workers had few legal protections from wage theft or unsafe working conditions. Today’s employment laws tend to be driven by perceptions of what’s fair to workers. Another great option to keep up with HR-related legislation is to consider hiring a professionalemployerorganization (PEO).
Your search for the right professionalemployerorganization (PEO) requires a similar journey of taste-testing to find the perfect match for your company. Download the free e-book, A Buyer’s Checklist: How to Compare ProfessionalEmployerOrganizations.
The following tips provide insight into the unique strengths of autistic workers and may help your company successfully hire employees with autism. If it’s an assembly line worker, probably not. For the assembly line worker, an employee who excels in an environment with structure and repetition may be a significant asset.
Ten years ago, hiring freezes, pay freezes and widespread layoffs meant companies could extract concessions from workers, often lowering pay and reducing benefits. Amid strong economic conditions, companies often can’t find enough qualified workers. Temp workers. It’s important to remember that the economy works in cycles.
workers are more likely to apply for positions that list a pay range in the job posting. The study found that 73% of workers have more trust in companies that are transparent with pay ranges versus those that aren’t. How can you get the scoop on employment laws that apply to your business?
Broadly speaking, there are three key options to choose from: hire an HR director and build an in-house team; hire a small handful of HR managers who utilize an array of HR technology tools; or outsource your HR needs to a professionalemployerorganization (PEO). Professionalemployerorganizations.
Co-employment is the legal structure that professionalemployerorganizations (PEOs) and their client companies use to share HR responsibilities. As with any contractual relationship, it’s important that each party in the co-employment agreement fully understands all the nuances of the arrangement.
To sidestep those potential pitfalls, many successful middle market businesses seek out a professionalemployerorganization (PEO). Your company can contain employer expenses and establish budgetary certainty more effectively with a PEO. Finding the right specialists takes time and effort.
From paid family leave and hiring to safety and sick leave – and all the many points in between – federal, state and local governments are forever changing what constitutes a company’s responsibility to its workers. The goal is to make it easier for this category of workers to find employment, which may help reduce the rate of recidivism.
For that, you can enlist the services of a professionalemployerorganization (PEO) or hire an employment attorney. Although they offer different services, both types of professionals should be able to advise you on various aspects of compliance.
In recent years, compressed work schedules have become popular not only among shift workers, but also with many office workers in corporate settings. However, if you’re considering going this route, a professionalemployerorganization (PEO) or employment law specialist can provide invaluable advice.
Nearly 2 million American workers report having been victims of workplace violence each year, according to the U.S. Do these workers also deal with the public? This allows your workers to spot threats before they get into your building. Whether you like it or not, this means you need to be prepared.
The HR Pros at a ProfessionalEmployerOrganization (PEO), are a resource to turn to for help with trainings. The professionals at an outsourced human resources company have developed a sexual harassment training module that can be tailored to meet the needs of your business and comply with your state requirements.
If you’re investigating outsourcing your HR needs, you may have run into two different services that seem similar: administrative services organization (ASO) and professionalemployerorganization (PEO). PEO services include administration of the following: Employer compliance. What is a PEO?
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