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5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Take these steps to start building an employee benefits program that won’t break the bank. However, some businesses offset this cost to their employees by contributing money to health savings accounts. Aim for a plan that covers at least 60 percent of employees’ salaries. Articulate additional perks.

Banking 136
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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 245
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What are fringe benefits? What employers need to know

Insperity

Whether you’re a small business or a larger company, you want to do what you can to attract and retain top talent. Remember: What people are really looking for in an employer of choice is not just a base salary. By creating a thoughtful fringe benefits package, you can start to address those wants and not break the bank.

Banking 255
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How to Spot Employee Theft and What You Can Do About It

Insperity

One of the biggest mistakes small business owners make is putting one person in charge of the finances. The person paying the bills should never reconcile the bank statement. Custody of related assets – The person who reconciles the bank statement or credits/edits the invoice. Warning signs of employee theft.

Supplies 189
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Business owner beware: FLSA compliance and personal liability

Insperity

Because the burden of proof for FLSA compliance lies with the employer, not the employee, it’s vital for businesses to maintain accurate records related to hours worked and wages paid. It’s not uncommon for small businesses to have informal work arrangements, incomplete or non-existent job descriptions, or no employee handbook at all.

Legal 187
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How small businesses aid economic recovery

Ruby

Small businesses don’t just survive adversity, they often thrive in it. When a global health crisis caused many small businesses to close, newly formed American companies contributed to a historic peak in new job opportunities. It was a bleak time for all businesses, but small ones seemed disproportionately impacted.

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The Top 5 Best Workplace Management Tools In 2022

Vantage Circle

factoTime is attendance and payroll management that can be used for employees and employees; it helps business owners track their employees' timing from the clock in/out ti as a business solution mine. In addition, the app helps to calculate salary automatically, change the shifts, and provide data on the employees.