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,...
If you are considering working with a Professional Employer Organization (PEO) to take over many of the labor-intensive human resources tasks necessary to run your business, you may wonder what to expect. You can expect lower costs, lower risks, and increased confidence in knowing that payroll, taxes, workers' compensation, and any...
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...
When a business must agree to pay higher rates for workers’ comp insurance due to trends in three-year rolling claims and payroll data, the situation is called “consent to rate.” In Florida as well as New Jersey, SourceOne Partners can provide alternative options that may be more budget-friendly. Why Would a...
According to recent sources, workers’ comp reform in Florida and New York are getting much needed attention as lawmakers are pushing for increased legislation to control costs this year. For the thousands of employers who call New York and Florida home, this is welcomed news. Workers’ compensation claims have steadily...
Matt Lindquist made his way into the Professional Employer Organization (PEO) business the way many do – by being in the right place at the right time. Just by sheer luck, his future wife had a friend who was working for a PEO in the area called Epix. Matt was...
It can be challenging when starting a small business or learning how to grow a small business in a tough economic climate, but did you know that a professional employer organization (PEO) can support these goals? It is believed that a PEO can help any small business expand faster because outsourcing payroll administration is a cost effective way...
Since its launch, the Affordable Care Act for employers (ACA) has created a great deal of confusion among small businesses that are affected by new payroll and benefit requirements. Yet, healthcare reform is long overdue for a medical system that’s been crying out for improvements for many years. The most affected sector of the Affordable...
Around the United States, payroll departments and professional employer organizations (PEOs) have begun receiving notification that state minimum wages are changing for 2014. This means PEOs are already updating their systems to reflect this change, as a convenience to the businesses they serve. While the federal minimum wage information, provided by the US Department of Labor...
