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How professional employer organization (PEO) pricing works

Insperity

If you’re considering entering into an agreement with a professional employer organization (PEO) , chances are you have questions about how PEO pricing works. What is your employer overhead? Employer overhead (in excess of compensation) typically costs between 1.25% and 1.4% Direct costs. Administrative fees.

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5 ways insurance brokers benefit from working with a PEO

Insperity

Insurance brokers and professional employer organizations (PEOs) are supposed to be competitors, right? Working independently or as part of a larger brokerage group, brokers earn a commission on the insurance plans they sell to clients. Furthermore, brokers themselves can benefit significantly from working with a PEO.

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The Coronavirus Aid, Relief and Economic Security (CARES) Act: An employer’s guide

Insperity

Please also note that any relationship with a professional employer organization (PEO) does not impact an employer’s eligibility for a loan under the Paycheck Protection Program. The SBA has determined, however, that no more than 25% of the forgiven amount may be for non-payroll costs. Loan forgiveness.

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Health Care Reform: 4 Ways to Find Health Insurance for Your Business

Insperity

Their expertise can help you through the decision process, but be aware that they often receive commissions from the insurance company they’re recommending. Use an HR outsourcing company (such as a PEO or Professional Employer Organization). In choosing a broker, you may want to ask how he or she is compensated.

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How to HR in a growing company – A guide for every size business

Insperity

Process new employee paperwork, including I-9s Maintain employee files Prepare employee payroll Process employee termination paperwork Ensure requisite compliance posters are posted and OSHA logs maintained. Consider hiring a company that specializes in payroll processing to ensure that requisite payroll taxes and deductions are withheld.

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What is EEO-1 reporting – and why is it important?

Insperity

Equal Employment Opportunity Commission (EEOC) is devoted to high-profile, high-stakes topics such as preventing discrimination and harassment complaints or best practices for handling investigations once they’ve been initiated. But what about more ongoing employer obligations with the EEOC , such as annual EEO-1 reporting?

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How to avoid common mistakes with EEOC complaints

Insperity

Equal Employment Opportunity Commission (EEOC) complaints are a common threat that employers face. Retain all payroll records for three years. The solution: Refer all communication from terminated employees to your HR department or professional employer organization (PEO).