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Benefits of outsourcing HR for small businesses

BMT Office Administration

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. Explore the benefits of HR outsourcing below to find out if outsourcing human resources is right for your small business.

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How professional employer organization (PEO) pricing works

Insperity

Being an employer comes with many HR-related costs beyond the cash compensation you pay to your employees, such as: Payroll taxes (FICA, FUTA, Social Security, Medicare) Worker’s compensation insurance coverage Statutory insurance and paid leave programs (e.g., Small Business Administration. Administrative fees.

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3 ways outdated payroll processes hurt your business

Insperity

You also need to track voluntary deductions like health insurance and 401(k) contributions, prepare and file quarterly reports, and process w-2s at the end of the year. Increased efficiency, added safety and convenience are big reasons more and more businesses are utilizing payroll processing software. Using payroll software.

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5 reasons to cultivate strategic business partnerships

Insperity

A strategic business partnership is not a business relationship that looks to exchange or extract value for your business from the other organization. A small business, for example, might partner with an industry-specific organization or association in order to reach a specific target market.

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10 Rules for Employee Retention Your Competition Will Hate

Insperity

Outside of health care insurance, research ways to offer your employees a wider variety of benefits. If your business resides where a majority of your employees use public transportation, consider offering commuter assistance. Are there any tools, equipment, software or resources that could make their job easier?

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What AI can—and can’t—do for your small business

Ruby

Since its launch in late 2022, the generative AI chatbot has become the fastest-growing consumer software app in history, enabling anyone to ask questions, write articles, and generate code ( among other things ) in seconds. Many connect with your favorite video conferencing software (Zoom, Google Meet, Teams, etc.),

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2021 tax deduction checklist: 10 expenses small business owners can write off

Ruby

Although it may sound like a ton of paperwork (which, to be clear, it is), this time of year also presents tons of savings opportunities for small businesses like yours. With January in the bag, most small business owners have sent out tax forms to their employees and independent contractors. Ran a marketing campaign?