Startups have an interesting quandary. They have to be competitive from the beginning, but without the resources it generally takes years to build. How can they grow, keep costs under control, and maintain a competitive edge during the startup process? A PEO, or professional employer organization, is the perfect option...
How long has it been since you purchased your PEO contract? When you made the purchase, did you shop around adequately or just take the first offer you came across? If it's been some time since you reviewed your PEO contract or got price quotes for your employee benefits packages, payroll administration,...
Workers' compensation insurance is designed to cover employers and companies in the event that employees become injured or ill due to their work activities. It covers the employee regardless of fault, meaning the illness or injury could be caused by the employer's actions, the worker's actions, or even a customer...
In August, Judge Jorge Cueto, Circuit Court Judge in Dade County, Florida, ruled that the changes to the Florida Workers’ Compensation statutes that took effect October 1, 2003, violated the Florida Constitution and the 14th Amendment of the United States Constitution. Judge Cueto argued that such an "exclusive remedy" provision...
Employers are on the lookout for ways to mitigate the costs involved in complying with changes to the legal requirements of employee benefits administration. One option being explored and tried by some companies is shifting some of the cost of health care benefits to employees by asking them to pay...
The increase in the federal minimum wage across multiple states is big news in America, and an even bigger concern for thousands of small business owners who must pay their workforce. Early in March 2014, The New York Times reported that President Obama is determined to enforce wage and overtime increases,...
Small businesses may improve workplace efficiency, safety and management through the outsourcing of payroll services. Depending on the services needed, a small business can choose between a payroll company and PEO (professional employer organization). However, payroll companies and PEOs allow small businesses to operate in different capacities, so it's necessary...
Regardless of your thoughts on the Affordable Care Act, small business owners must prepare themselves and their businesses for the upcoming health care reform. The following tips can help your business stay in compliance with the healthcare reform, ensuring your employees are covered. Partnering with a PEO company (professional employer...
Owning a small business requires careful monitoring of all financial transactions, marketing strategies and company decisions, but measuring each employee's hours is just as important. From strict attendance policies to work flow, it's your duty as a small business owner to effectively supervise time management in your office, because this...
It’s officially called the Affordable Care Act, but most business owners know the new health care reform laws better as ObamaCare. There are somewhere in the neighborhood of 30,000 pages of regulations associated with this new statute, and different parts of it are slated to become active every few months through...
