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What is a PEO?

Insperity

This allows the PEO to handle functions such as payroll, benefits, tax remittance and related government filings. Joining a PEO provides you with workers’ compensation insurance coverage. Management of certain employee-related claims and provision of Employee Practice Liability Insurance (EPLI). One-stop shop.

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6 big soft cost savings associated with HR outsourcing

Insperity

Everyone wants less expensive benefits and insurance (and without having to scale back on coverage). You should guide and coach employees on their performance, and offer rewards and recognition to keep them motivated. Employers may tend to focus mainly on hard costs when evaluating business efficiencies and savings.

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Employee Benefits That Matter: How Small Businesses Win Big With Their Teams

Vantage Circle

Additionally, research indicates that 88% of job seekers give "some consideration" or "heavy consideration" to better health, dental, and vision insurance benefits when choosing between a high-paying job and a lower-paying job with better benefits. Consider supplemental insurance for critical illnesses or accidents.

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Planning to Take Maternity Leave While Self-Employed? Do These 6 Things First

Success

According to Gina Knox, CEO and financial coach at Gina Knox Coaching, there is no set amount freelancers should save. Make sure you are paying into the government-assisted short-term disability,” she says. However, she said it is important to make sure you can cover your expenses.

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Tips and Resources to Scale Your Small Business

Success

He joined a Mastermind group that focused on coaches and consulting, but that pushed him to scale too quickly. You’ll need to think about things like health insurance for yourself and any employees, along with retirement plans and other benefits.” It was too much of a strain on my business and we lost money because of it,” he says.

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How 30 Days of Kindness Made Me a Better Person

Success

At its core, the kind act is governed by selfish motives. a leadership and organizational excellence coach, says givers often only consider their own wants and needs when helping others. And as a 20-something with student loans and this new thing called health insurance premiums, money stays top of mind. Ben Dean, Ph.D.,

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Massachusetts’ Workplace Wellness Program Law May Set the Standard

WELCOA

Zabawa, JD, MPH • Attorney & President | Center for Health and Wellness Law, LLC Many people may not realize that some states have workplace wellness program laws; it’s not just the province of the federal government.