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HR outsourcing 101: What it is, how it helps and what to consider

Insperity

Here are some common examples: Payroll and benefits administration Policy creation Employee relations Training and development Performance management Compliance Recruiting, hiring and onboarding Should YOU outsource HR? Does the PEO carry employment practices liability insurance (EPLI)? What is the PEO’s HCM software like?

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What is a PEO?

Insperity

This includes medical, dental and vision coverage, a health care flexible spending account , a retirement plan, life insurance and personal accident insurance, short-term and long-term disability insurance, adoption assistance, commuter benefits and educational assistance. HR administration. I-9 requirements.

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What to think about with Start-Ups as an Office Manager

The Office Management Group

Insurance is key too, employee liability insurance, public liability insurance if members of the public come to your office/workplace and perhaps directors and officers, professional indemnity and contents insurance. Make sure the employee liability insurance is displayed in your office!

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How to Nail Your HR Wiki Setup Without Getting Buried in Repetitive Questions

Attendance Bot

It reduces back-and-forth, supports smoother onboarding, and gives employees the confidence to self-servewithout pinging you every five minutes. Benefits Overview Health insurance, dental, vision, mental health support, 401(k), stock optionswhats available and how employees can access or change it.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more. For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Recruitment and Onboarding: Applicant Tracking System (ATS) : Streamlines recruitment by managing job postings, candidate applications, and communication. Onboarding Tools : Facilitates the smooth integration of new hires into the organization by providing necessary information and documentation.

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Calculate burden rate boost profitability

BMT Office Administration

Otherwise, ‘hidden costs’ like providing health insurance and the cost of utilities will eat into your projected profitability. Indirect costs are expenses incurred from general operations (overhead expenses, maintenance, fringe benefits , etc.). It’s a must-ask question for any business.