Insperity

SEPTEMBER 14, 2021

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. Or would you retain plan sponsorship and fiduciary responsibilities ?

Insurance 246

Insurance Payroll Planning Small Business 246

Insperity

APRIL 5, 2022

At the end of the day, do you experience hefty payroll problems ? Get the help you need to: Provide employee access to big-company benefits – When outsourcing, everything from medical health insurance and dental and vision coverage to adoption assistance and training and development resources are in reach. Policy creation. Technology.

Small Business 240

Small Business Payroll Data Entry Technology 240

Insperity

AUGUST 5, 2021

How might taxes, payroll and your company’s relocation impact your business? Finally, if you are using a local payroll company that doesn’t do business in your new location, you may have to start over with a new payroll services provider. A tax expert can be useful as you explore this aspect of a potential move.

Payroll 264

Payroll Legal Office Equipment Transportation 264

Insperity

MAY 13, 2015

If you’re shopping for group health insurance for your company the first or second time around, it can be hard to make a confident choice. Not to mention, the Affordable Care Act (ACA) has changed the group health insurance market considerably. The main oversight: Ruling out HSA-qualified plans. High-deductible health plans.

Insurance 126

Insurance Networking Payroll Planning 126

Insperity

AUGUST 17, 2023

A professional employer organization, or PEO , is an HR outsourcing option for organizations to help assume the most time-consuming HR task and employer liabilities, such as payroll and benefits. Access to Fortune 500-level benefits When joining a PEO, companies can can access to PEO-sponsored benefit plans.

Insurance 242

Insurance Payroll Legal Technology 242

Insperity

NOVEMBER 25, 2013

Running a business means managing a ton of moving parts; payroll is just one of them. With so much going on, even within the payroll process itself, it’s easy for business owners to slip up. Keep an eye out for these payroll faux pas: 1. By using an automated payroll processing system, this oversight can easily be avoided.

Payroll 102

Payroll Government Insurance Data Entry 102

Insperity

JULY 13, 2021

Often a company’s employee information is spread among multiple technologies, such as: Applicant tracking and recruiting Employee onboarding Payroll, and time and attendance Benefits and COBRA administration Performance management. Your employees get access to cost-effective, comprehensive PEO-sponsored benefit plans.

Payroll 246

Payroll Equipment Technology Onboarding 246

Insperity

JANUARY 31, 2017

As a co-employer, the PEO you choose will ultimately take responsibility for processing payroll, providing workers’ compensation insurance coverage, providing employee benefits and a host of other sensitive tasks. How long do you plan to stay with the PEO? Here are five steps you can’t afford to avoid.

Insurance 207

Insurance Payroll Security Planning 207

Insperity

AUGUST 15, 2019

A detailed inventory of sensitive company data should include an analysis of: Data on HR systems, like payroll, health and retirement benefits , employee records, etc. Is the planned use of the data aligned with why it was collected? Contact your company’s insurance provider, if you have cyber liability Insurance.

Security 53

Security Insurance Payroll Networking 53

Insperity

APRIL 26, 2018

In a nutshell, a PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits. Working with a PEO can decrease your payroll-processing and related accounting costs. Retirement plans. So, where are the savings?

Payroll 189

Payroll Legal Insurance Healthcare 189

Insperity

MAY 26, 2023

Access to comprehensive benefit plans Partnering with a PEO means that your employees can gain access to comprehensive benefit plans that are comparable to those found at large companies. This may include: Health insurance 401(k) retirement plans Healthcare FSA/HSA programs Life/disability insurance 2.

Payroll 173

Payroll Insurance Healthcare Government 173

Insperity

JULY 29, 2012

You’ve identified your payroll responsibilities, obtained the necessary employer IDs, gathered employee paperwork and properly classified your workforce. Now it’s time to make decisions, do the math and deliver on your payroll obligations. Here are the final steps toward setting up a payroll system: 6. Select a payroll solution.

Payroll 100

Payroll Insurance Government Purchasing 100

Insperity

OCTOBER 10, 2023

workers who are in earlier or middle stages of their careers, their ability to contribute to a retirement savings plan has been hindered by household debt and repayment of student loan debt. employer-sponsored 401(k) plans. SIMPLE plans that qualify will have deferral limits 10% higher than the regular limits. For many U.S.

Security 312

Security Government Logistics Planning 312

Insperity

FEBRUARY 15, 2018

Have you gotten so bogged down in tactical and administrative human resource tasks that you have little time left for strategy and planning? That leaves you to put out fires that may have been prevented with a little proactive planning. Is your HR to-do list growing so fast that it’s hindering your company’s growth and performance?

Payroll 189

Payroll Government Onboarding Small Business 189

Insperity

DECEMBER 15, 2014

The ALEs who don’t comply with the employer shared responsibility rules could face a tax penalty if just one full-time employee buys individual coverage through a federal or state insurance exchange (aka marketplace) and receives a tax credit or subsidy. Paul Foery is manager of insurance services for Insperity.

Insurance 222

Insurance Government Payroll Planning 222

Insperity

APRIL 20, 2023

Everyone wants less expensive benefits and insurance (and without having to scale back on coverage). These opportunities are examples of soft cost savings that often come with HR outsourcing , and they often help employers more adeptly run their business.

Onboarding 278

Onboarding Payroll Insurance Legal 278

Insperity

FEBRUARY 25, 2021

If you rely on independent contractors, they will fall outside of your co-employment relationship with a PEO and outside of their payroll system. Payroll taxes. One for payroll Another for time and attendance A benefits broker A recruiting tool to track applicants And so on. Wage and hour compliance. Single vendor relationship.

Payroll 211

Payroll Insurance Supervising Controlling 211

Insperity

FEBRUARY 26, 2019

As with most achievements in life, they’re the result of careful planning and execution. Rounding out your list are likely things like compliance law, worker’s compensation, payroll administration and company culture. For small- and medium-size businesses, worker’s compensation insurance costs can be exorbitant.

Payroll 200

Payroll Purchasing Consulting Leadership 200

Insperity

OCTOBER 2, 2018

Tax reform did a number on payroll. Federal tax reform has resulted in big changes in the payroll arena, so your payroll to-do list likely just got a lot longer than in recent years, especially if you have employees in multiple states. Payroll is just one major area where tax reform impacts businesses.

Payroll 189

Payroll Government Onboarding Communication 189

Insperity

JULY 27, 2021

payment of wages and payroll processing). With a PEO, your staff gains access to employee benefits that rival that of a Fortune 500 company — including health insurance plans, retirement and other benefit plans. But rest assured — a PEO is employer for certain purposes only (e.g., In fact, the opposite is likely true.

Small Business 279

Small Business Payroll Healthcare Insurance 279

Vantage Circle

AUGUST 1, 2024

For an award to qualify for favorable tax treatment, it must meet two additional criteria; It is distributed under a written plan that doesn't favor highly compensated employees. Nominal Value Awards: Cost of awards of "nominal value" excluded from total amount of incentive awards given under established plans.

Payroll 95

Payroll Security Planning Insurance 95

Insperity

JULY 26, 2016

Find out if the PEO’s payroll and HR specialists have strong professional training or certifications as well as practical experience. Do you carry employment practices liability insurance (EPLI)? The PEO should answer the following questions: Is the PEO’s group health plan sponsored by the PEO?

Insurance 173

Insurance Payroll Government Planning 173

Insperity

MAY 27, 2013

Though the employer mandate provisions of the Affordable Care Act have been delayed, health care insurance costs, taxes and fees are expected to continue to climb. Postponing your decision to provide health care insurance could prove to be very costly for your business. Don’t offer health insurance to your employees.

Insurance 100

Insurance Payroll Small Business Purchasing 100

Insperity

AUGUST 1, 2023

Provide better benefits Benefits costs are continually on the rise, particularly health insurance – and businesses can struggle to contain these costs , especially as the size of the organization increases and regulatory requirements mount. Increase capacity for strategic initiatives As companies grow, so must HR functions.

Price Negotiations 245

Price Negotiations Onboarding Payroll Technology 245

Insperity

AUGUST 16, 2016

You and your payroll provider should know: What is the minimum wage in the new state? Are there any payroll deduction regulations? How do we calculate payroll taxes in this state? Workers’ compensation insurance. This is the number one thing to consider before hiring remote workers in a new state. What does this entail?

Payroll 180

Payroll Government Customer Service Insurance 180

Insperity

FEBRUARY 6, 2018

Suddenly, payroll, benefit plans, recruiting support, performance management and certain employer liability issues are no longer time-sapping tasks. Your HR manager can develop an action plan for that group. For example, if you’ve only got five employees, you may not currently be in a position to offer a retirement savings plan.

Payroll 202

Payroll Planning Insurance Government 202

Insperity

OCTOBER 17, 2023

In this arena, the HR team can work with management and bolster their efforts by: Overseeing training curricula Recommending or requiring specific training Identifying future leaders and high performers who may be suitable for promotions Developing a people strategy to plan for the future Aiding in succession planning 5.

Onboarding 298

Onboarding Construction Training Interviewing 298

Insperity

JUNE 13, 2017

A CPEO takes on added responsibility related to payroll administration and federal employment tax reporting and payments. This allows the CPEO to provide benefits and handle functions such as payroll, tax remittance and related government filings. Payroll tax liability. 45R credit for health insurance expenses.

Payroll 189

Payroll Government Small Business Insurance 189

Insperity

AUGUST 11, 2014

And the ongoing administrative tasks necessary to retain the brilliant team you developed left no opportunity for strategic growth planning. With a PEO, you won’t be up late taking care of payroll or researching new payroll legislation – you’ll be resting soundly while its team of HR specialists gets the job done.

Payroll 170

Payroll Controlling Insurance Planning 170

Insperity

AUGUST 8, 2012

By joining a larger group for health insurance bids, retirement plans and workers’ compensation, your company will likely be able to offer more extensive and less expensive benefits. Payroll – Partnering with a PEO can decrease your employer payroll processing and related accounting costs. The Power of PEOs.

Payroll 118

Payroll Banking Insurance Security 118

Insperity

JULY 26, 2016

Find out if the PEO’s payroll and HR specialists have strong professional training or certifications as well as practical experience. Do you carry employment practices liability insurance (EPLI)? The PEO should answer the following questions: Is the PEO’s group health plan sponsored by the PEO? Are you a CPEO?

Insurance 104

Insurance Payroll Planning Government 104

The Office Management Group

APRIL 16, 2023

What it means is you cannot be an expert in how your air-conditioning system works, how it should be cleaned and serviced, nor can you be an expert in what sort of chairs are out there and the many functions of them all or an insurance or rates whizz who knows exactly what the best products are out there for your business.

Payroll 130

Payroll Insurance Cleaning Maintenance 130

Insperity

FEBRUARY 3, 2011

Finding a new medical insurance provider. The ever-increasing cost of medical insurance premiums can really cut into a company’s profits. By finding the time to negotiate a better rate with another medical insurance provider, a company could reap the benefit of increasing working capital that could be used to grow the business.

Insurance 118

Insurance Maintenance Payroll Government 118

BMT Office Administration

JULY 3, 2023

Besides that, your confidential medical records will let you know if any team members have disabilities that you need to consider when planning and assigning tasks. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more. health insurance, dental, vision, etc.).

Payroll 130

Payroll Banking Legal Insurance 130

The Office Management Group

APRIL 29, 2024

Ensure you plan to grow; put simple, yet effective processes in place now so that when the volume naturally increases with the growth of your business, you are ready for it. Make sure the employee liability insurance is displayed in your office! I’ve talked about trackers before, but it is so key!

Office Management 130

Office Management Insurance Maintenance Onboarding 130

Insperity

DECEMBER 26, 2011

Payroll tax. 3630, a bill that would extend the two percent reduction in workers’ payroll tax and self-employment tax that’s scheduled to expire at the end of 2011 through 2012, President Obama has vowed to veto the bill. Your collective plan for success. Though the House recently passed H.R.

Payroll 100

Payroll Insurance Government Communication 100

Insperity

AUGUST 26, 2013

Regardless of company size, offering health insurance will cost you. Co-employment helps ease the burden by providing employees access to a large-group insurance plan sponsored by the PEO itself. Many start by taking on a company’s payroll processing, withholding and reporting. 401(k) plan administration.

Insurance 102

Insurance Payroll Purchasing Training 102