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What is a PEO?

Insperity

This allows the PEO to handle functions such as payroll, benefits, tax remittance and related government filings. Joining a PEO provides you with workers’ compensation insurance coverage. Management of certain employee-related claims and provision of Employee Practice Liability Insurance (EPLI). One-stop shop.

Payroll 253
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6 big soft cost savings associated with HR outsourcing

Insperity

Everyone wants less expensive benefits and insurance (and without having to scale back on coverage). You should guide and coach employees on their performance, and offer rewards and recognition to keep them motivated. Employers may tend to focus mainly on hard costs when evaluating business efficiencies and savings.

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Managing unexpected change in the workplace

Insperity

That’s why you should also have property insurance so you can rebuild your office space with minimal financial stress and disruption to regular operations. A “business interruption” add-on to your insurance policy can even reimburse you for lost income related to property damage. Loss of key client. Workplace violence.

Insurance 183
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Should You Consider a Reverse Mortgage?

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However, Home Equity Conversion Mortgages (HECM) , a form of reverse mortgages insured by the U.S. government, are available through Federal Housing Administration-approved lenders, which provides both legitimacy and security for these mortgages. The homeowner must also keep their homeowners insurance and property taxes current.

Banking 52
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Planning to Take Maternity Leave While Self-Employed? Do These 6 Things First

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According to Gina Knox, CEO and financial coach at Gina Knox Coaching, there is no set amount freelancers should save. Make sure you are paying into the government-assisted short-term disability,” she says. However, she said it is important to make sure you can cover your expenses.

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Tips and Resources to Scale Your Small Business

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He joined a Mastermind group that focused on coaches and consulting, but that pushed him to scale too quickly. You’ll need to think about things like health insurance for yourself and any employees, along with retirement plans and other benefits.” It was too much of a strain on my business and we lost money because of it,” he says.

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How 30 Days of Kindness Made Me a Better Person

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At its core, the kind act is governed by selfish motives. a leadership and organizational excellence coach, says givers often only consider their own wants and needs when helping others. And as a 20-something with student loans and this new thing called health insurance premiums, money stays top of mind. Ben Dean, Ph.D.,

Cleaning 145