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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.
Then determine where your company is at this moment and what you are currently doing, so you can compare your goals with the present reality and identify gaps. Consider a professionalemployerorganization (PEO) Many companies understand the importance of HR for business success, but they’re intimidated by getting started.
This increase is in line with the average growth in annual health-insurance costs that employers have experienced over the last several years. That presents business leaders an ever-present challenge: how to contain the cost of employee benefits. How a professionalemployerorganization (PEO) can help with benefits costs.
This may vary depending on a specific company and its organizational structure and culture, but generally the following parties should be present when an employee is terminated: The employee’s direct supervisor or manager A third-party witness (for example, the manager’s manager or a human resources [HR] professional).
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. Granted, it’s certainly wise to do research about HR outsourcing. In fact, the opposite is likely true.
This kind of situation can present a gray area and could end up being decided in court. You can’t know what specific hazards might be present in each worker’s home, and it would be intrusive and impractical to ask. Not every injury that happens at home during work hours may result in a successful workers’ compensation claim, though.
You probably know that a professionalemployerorganization (PEO) can help you with benefits and payroll. Many PEOs offer several services that can be just as, if not more, beneficial to your employees and organization. But that’s not all it has to offer. Compensation services.
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.
You’ve decided that HR outsourcing can help your business grow, and you’re ready to hire a professionalemployerorganization (PEO). Suddenly, payroll, benefit plans, recruiting support, performance management and certain employer liability issues are no longer time-sapping tasks. One word: fear.
At a high level, employees might be directed to the: HR benefits specialist Professionalemployerorganization (PEO) service team or dedicated HR specialist (if your company outsources certain HR functions to a PEO, and the PEO provides benefits to your employees) Contact center or member services at the insurance carrier.
Communication and coordination: Make a commitment to provide the same level of safety and health protection to all workers , and communicate hazards present at the worksite. A good PEO’s safety services can go a long way toward fostering a high-return “culture of safety” at your organization. Join a PEO.
In requiring employers to take actions that can improve their employees’ financial wellness, the SECURE 2.0 At its most basic level, the law encourages people to not only save money for retirement , but to save more and also become financially stable in the present. employer-sponsored 401(k) plans. The SECURE 2.0
But it also presents an opportunity. Organizations lending a hand will earn a reputation for valuing family, as well as their bottom line – a plus when it comes to employee recruitment and retention. Or, if you are with a professionalemployerorganization (PEO), their benefit plan packages will typically include this benefit.
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. Your employees present one of the most significant pieces of the relocation decision.
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. Research the company history.
When presenting HR initiatives to leadership, be concise and detail relevant costs. Whatever the stage or size of your company, outsourcing to a professionalemployerorganization (PEO) can provide critical, comprehensive HR support. HR priorities should align with the senior leadership team’s business priorities.
Incorporating this new requirement into a company’s benefits may be particularly difficult for small organizations where being one man (or woman) down has a significant impact on workflow. It also presents a dilemma for businesses operating in multiple states, including New York.
The nuances between what legally constitutes a person and an employer aren’t always clear-cut when it comes to FLSA compliance. The consequences can be devastating both professionally and personally if you are found in violation of the FLSA. Download our free e-book, Employment Law: Are You Putting Your Business at Risk?
It doesn’t have to be that way when you outsource some of these human resource responsibilities to an outside vendor such as Abel HR , a ProfessionalEmployerOrganization (PEO). Overexertion is listed at the top hazard followed by falls. What’s the perk?
When choosing a professionalemployerorganization (PEO), there is an entire checklist of items you should consider to make sure you choose a partner that is a good fit for you. Not realizing the importance of details related to finances, payroll, and taxes presents one of the biggest risks for growing companies.
Present your findings to your leadership group, and work with them to create a plan. Download our free e-book: HR outsourcing: A step-by-step guide to HR professionalemployerorganizations (PEOs). Where does the business need to be in three to five years ? What do I need from my people to get there ?
Should the other person be present? Keep in mind that a ProfessionalEmployerOrganization (PEO), is a resource to turn to for help with off-site HR pro fessionals. What should you say? What can you legally say?
If you’re a small or midsize business interested in partnering with a professionalemployerorganization (PEO), you may be: Overwhelmed by all the different types of PEOs out there, and…. PEO brokers may not be neutral on the PEO option they’re presenting. Not all PEOs are represented in the options a broker presents.
Judges Bishop and Haley have an incredible national perspective on the challenges these systems present. This honest and informative presentation will unmask many of the challenges unique to women practicing law today, and ways our profession can effectively respond. I am honored to carry their briefcases. MODERATOR: Lisa A.
two visual tasks, like texting and watching a video presentation) actually uses up your attention capacity more quickly and completely than if your multitasking requires two separate systems (e.g., According to a 2012 study published in Computers in Human Behavior, using the same sensory system for two tasks (e.g.,
Always document the following information: Date Time Reason for the disciplinary meeting What was discussed The agreed-upon next steps Who was present. Meet with the employee privately and confidentially, with a member of the HR team present. Once again, all parties present should sign the form. All parties present need to sign.
This is where a Abel HR , a ProfessionalEmployerOrganization (PEO) can step in. In most cases, at least one of these three factors will be missing for any given company, especially if you’re trying to train someone to lead the whole company (or a large portion of it!). Set up a feedback loop.
Technology has swept out the old static PowerPoint presentations delivered to big groups in classroom settings. Download our free e-book: HR outsourcing: A step-by-step guide to professionalemployerorganizations (PEOs ). Interactive multimedia training and development.
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.
two visual tasks, like texting and watching a video presentation) actually uses up your attention capacity more quickly and completely than if your multitasking requires two separate systems (e.g., According to a 2012 study published in Computers in Human Behavior, using the same sensory system for two tasks (e.g.,
But did you know that these folks with their hands out, including the employee themselves, actually present a liability for your business? The worst part? You must repeat the whole process a mere two weeks later! Indeed, these so-called payroll liabilities are defined as any type of payment owed as a result of running payroll.
While we love the idea of a more agile, reactive workforce, managing a group of remote employees sure does present some pretty novel problems. You see, since about the dawn of time, managers have been taught how to lead a group of employees that would be present in the same office, at the same time. .
Of course, compliance training and reading the employee manual are necessary boxes to check off early in their employment. But give some thought to how and when this information is presented to them, so it doesn’t consume their first day.
A professionalemployerorganization (PEO) can mitigate and manage your business’s HR-related risks, which can lead to a healthier, more prosperous acquisition. Rounding out your list are likely things like compliance law, worker’s compensation, payroll administration and company culture.
The app can also present her with the opportunity to add or change voluntary benefits and, during open enrollment, learn about her benefit choices and decide on the best plan. Importantly, the employer will continue to sponsor employee benefits. Bigger changes may come for small companies with fewer than 100 employees.
Online benefits enrollment presents all compliance materials (including required federal and state forms and notices), all plan summaries, associated benefits, and all enrollment forms in one easy-to-access place. This allows HR teams to put information in front of employees early and in several methods.
You probably know that a professionalemployerorganization (PEO) can help you with benefits and payroll. Many PEOs offer several services that can be just as, if not more, beneficial to your employees and organization. But that’s not all it has to offer. Compensation services.
Also, it may be cheaper to recruit professionals such as accountants or computer programmers from outside than to develop less-skilled people within the organization. But recruiting from outside the organization for any but entry-level positions presents the problem of adjustment time for the new employees.
If you have employees that don’t come into the office, that surely presents a problem to the already complicated poster issue. A ProfessionalEmployerOrganization (PEO) can take all the guesswork out of HR compliance as their outsourced human resource experts understand all the laws and know what posters each business needs. .
We’ve read the articles, we’ve reviewed the data, we’ve even chatted about it internally, and we’re on the fence, so we figured we’d present the facts and let you decide whether you can drop them from your corporate to-do list. In the last year, buzz has emerged suggesting that there is no place in business for the performance review.
There are steps to make this process easier, and we present these steps below. . You should find a balance between the workforce and finding an ideal position for each man and woman in your organization. . Consult a professionalemployerorganization . Gather the necessary data .
You can also work with a professionalemployerorganization (PEO) to develop a customized safety program for your business, from basic office safety and health procedures to a detailed, multi-site program for larger businesses. Resources to create a great worker safety program. Want more tips on making your business run smarter?
You probably know that a professionalemployerorganization (PEO) can help you with benefits and payroll. Many PEOs offer several services that can be just as, if not more, beneficial to your employees and organization. But that’s not all it has to offer. Compensation services.
A number of professionalemployerorganizations offer both: local expertise and presence with the breadth and depth of service you’d expect from a larger, national enterprise. Download our free e-book: HR Outsourcing: A step-by-step guide to professionalemployerorganizations (PEOs). The answer is: A and.
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