This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Professionalemployerorganizations (PEOs) offer a cost-effective solution to this problem. Besides the cost savings, working with a PEO can yield many benefits to employers. NAPEO (National Association of ProfessionalEmployerOrganizations) economists Laurie Bassi and Dan McMurrer conducted research into PEOs.
Choosing the right professionalemployerorganization (PEO) for your company is a huge project. CPA-affirmed documentation that they remit employment taxes in a timely manner. Background reports of their individuals responsible for employment tax payments. Documentation that they have positive working capital.
Insurance brokers and professionalemployerorganizations (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. PEOs, however, don’t sell insurance. Let’s explore how.
As employment laws, tax laws and health care reform continue to change at a rapid pace, it can be difficult for business owners to keep up. If you are weighing the option of outsourcing human resource (HR) duties through a co-employment relationship, here are eight important things to consider when selecting a PEO: 1.
It’s important to keep in mind that it’s not up to the employer to determine whether an injured employee has a valid claim. Each workers’ compensation claim is subject to an investigation that complies with state employment law. How can your organization promote workplace safety when your people are remote?
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.
Much employee stress arises when health insurance plans change unexpectedly – especially when they’re scaled back. The challenge for employers. How employers can do better. Still, employers must take these concerns about health insurance seriously. Bring in external experts and insurancecarrier representatives.
This strong return may explain why many states, like California, require employers to have a written safety program. Your workers’ compensation insurancecarrier – Many carriers provide fee-inclusive safety consultation services to their customers. Join a PEO.
This strong return may explain why many states, like California, require employers to have a written safety program. Your workers’ compensation insurancecarrier – Many carriers provide fee-inclusive safety consultation services to their customers. Join a PEO. Want to learn more about how a PEO can help you?
Are you uncertain about how to find the most suitable professionalemployerorganization (PEO) for your company? Deciding which one offers the best service , the greatest value and the type of expertise that your organization isn’t always so simple. Do you carry employment practices liability insurance (EPLI)?
There’s a lot of information—and misinformation—about professionalemploymentorganizations (PEOs) floating around online. From our perspective at Genesis, we want to provide appropriate advice and guidance in the areas of employment relationships. The PEO doesn’t want to manage your business. Click To Tweet.
What is a ProfessionalEmployerOrganization (PEO)? According to the National Association of ProfessionalEmployerOrganizations ( NAPEO ), “A professionalemployerorganization (PEO) provides comprehensive HR solutions for small and mid-size businesses. PEO vs. HRO.
This strong return may explain why many states, like California, require employers to have a written safety program. Your workers’ compensation insurancecarrier – Many carriers provide fee-inclusive safety consultation services to their customers. Join a PEO.
There’s a lot of information—and misinformation—about professionalemploymentorganizations (PEOs) floating around online. This is one of the classics—it consistently shows up on professionalemployerorganization pro/con lists. Myth #7: “Our insurancecarrier could change anytime, on the whim of our PEO.”.
We’ll also discuss how partnering with Genesis HR’s ProfessionalEmployerOrganization (PEO) may be the best way to ensure quality health insurance coverage for your employees. Puzzled by small business health insurance in Massachusetts? What are my requirements as an employer regarding health insurance coverage?
Like almost every other industry, professionalemployerorganizations (PEOs) have been forced by the global pandemic to ask themselves this question. Get an in-depth look at professionalemployerorganizations and why you should consider partnering with one. “What is our industry’s new normal?” million to 3.7
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?
Though the employer mandate provisions of the Affordable Care Act have been delayed, health care insurance costs, taxes and fees are expected to continue to climb. Postponing your decision to provide health care insurance could prove to be very costly for your business. Use a health insurance broker.
Are you uncertain about how to find the most suitable professionalemployerorganization (PEO) for your company? Deciding which one offers the best service , the greatest value and the type of expertise that your organization needs isn’t always so simple. Have you explored all your options? Do your homework.
Outside of salaries and payroll, it’s the biggest cost center for most companies—it’s no wonder health insurance stays on your mind. And finding affordable health insurance for employees isn’t the only stressor in this area. world of health insurance. Check out our free guide to learn even more benefits of PEO partnerships.
As one of the most expensive aspects of running a small business, health insurance is top of mind for many employers. What is the best way to provide insurance? Should you provide insurance at all? And the importance of providing high-quality health insurance doesn’t wane when you’ve found the right employee.
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. The most expensive benefit to offer is health insurance. Employers have to manage and administer benefits each month.
Examples of these taxes and fees include: Transitional reinsurance fee – designed to help stabilize premiums in the individual health insurance market for those with pre-existing conditions. Insurer excise tax – this tax on health insurancecarriers is expected to total $8 billion in 2014.
We organize all of the trending information in your field so you don't have to. Join 46,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content