HR has come a long way over the years. Gone are the days where your human resources department was solely in charge of organizing paperwork and hiring new employees. In fact, you may be surprised how much HR has evolved over the years and what all now falls under its umbrella.
The relationship you have with your payroll services company can easily be one of the most important ones you have in terms of your business. Not only is this who you are trusting to handle the responsibility of paying your employees, they are also in charge of managing your business’s tax information and your benefits program. With so much tied into one outside source, how can you tell whether or not you chose the right one?
You may not realize it, but your company’s human resource department is the most valuable asset of your business. Not only does this department make sure all internal workings of your company run smoothly, it is also who is responsible for ensuring your employees get paid in a timely manner.
Working with a Professional Employer Organization (PEO) is one of the best decisions a business owner can make. Not only do PEO companies help you save money on your overall business costs, they are essential in giving you time back into your day to focus on more important aspects of your company.
The IRS is cracking down on employers who offer a medical reimbursement plan to employees enrolled in individual (non-group) health plans. Don’t let your business fall victim to costly ACA penalties. Read through our tips to learn how you can help your business stay compliant with the new healthcare laws and regulations.
The secret to running a successful business is to maximize your profits while keeping your overall cost low. However, sometimes this is easier said than done when it comes to day-to-day management of your company. Between managing your payroll to keeping up with your benefits package to finding affordable workers’ compensation coverage, there is a lot that can take time away from focusing on growing your business. This is where the benefits of a PEO company come in.
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HR Today. A Better Way.
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