Remove Payroll Remove Salary Remove Small Business
article thumbnail

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.

article thumbnail

The Coronavirus Aid, Relief and Economic Security (CARES) Act: An employer’s guide

Insperity

Take a deeper, more comprehensive look at the CARES Act with our recent webinar, “Opportunities for Small Businesses,” hosted by Insperity’s Tom Himmer, vice president of customer development. Small Business Administration (SBA) offers additional assistance through the Economic Injury Disaster Loan program. Eligibility.

Security 246
article thumbnail

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., of an employees’ salary, according to the U.S. Direct costs.

Payroll 264
article thumbnail

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

Vantage Circle

In today’s Start-up boom, as a small business owner, you’re constantly striving to stand out in a crowded market. Advantages of Offering Employee Benefits: The Power of Employee Benefits Many small business owners hesitate to invest in employee benefits, assuming they’re too costly. A survey by Frac.tl

article thumbnail

How to be an HR department of one

Insperity

A solitary HR professional’s job description may include: Overseeing legal compliance and handling employee relations concerns Coordinating recruitment and strategizing on plans for retention Overseeing payroll and benefits Implementing and reviewing employee performance reviews Creating and enforcing company policies. Setting Priorities.

Payroll 220
article thumbnail

Salary Benchmarking: The Key to Attract and Retain Top Employees

Vantage Circle

To bring in the best talent, you need to be offering the most competitive salaries, and that is what is going to change the end game. What is Salary Benchmarking? What is Salary Benchmarking? Salary benchmarking involves matching or exceeding the ‘benchmark’ salary levels across your industry.

Salary 98
article thumbnail

7 PEO benefits that can save you money

Insperity

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. This frees up time you can devote to running your business. So, where are the savings? Retirement plans.

Payroll 189