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8 little-known benefits of employee assistance programs

Insperity

Before we jump into the surprises, here are some common benefits of EAPs: Legal issues. Personal finances. Creating important legal documents. The standard EAP legal offering is usually a much more affordable and efficient route versus employees trying to go it alone. Physical health and wellness. Education and academics.

Legal 319
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Benefits of outsourcing HR for small businesses

BMT Office Administration

HR service providers will have well-crafted, legally tested policy recommendations that can be customized for your business. This allows business owners to focus their time on the day-to-day employee relations and other operational needs like sales and finance. Outsourcing HR functions removes the burden.

Insiders

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6 Steps for Creating an LLC for Your Business

Success

He didn’t bat an eye when I told him my rate to copy edit his legal blog. A registered agent is someone who is registered to receive legal and tax notices on behalf of your business. These steps make your LLC legal. I filed my LLC through a DIY legal website, and I regret it. And, he eventually went on retainer with me.

Banking 59
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3 Smart Money Moves to Make Before Starting a Business

Success

Unsurprisingly, finances are at the top of the planning list. Once you do the prep work and assess your current cash flow and resources, determine whether you can or should finance the business yourself or will need outside capital. Plan for your personal finances. You should consult your own tax, legal, and accounting advisors.

Finance 138
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Pay compression: What it is and how to fight it

Insperity

When low-level employees receive a legally mandated pay increase that action can throw off the pay scale for an entire company. If money is tight, there are options (see “Encourage collaboration between HR and finance staff” section below). Encourage collaboration between HR and finance staff. Consult legal counsel.

Salary 186
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Why Japan wants its citizens to try a 4-day workweek

Work Life

The concept has been slow to catch on, however; about 8% of companies in Japan allow employees to take three or more days off per week, while 7% give their workers the legally mandated one day off, according to the Ministry of Health, Labor and Welfare. The trend even has gained traction in the notoriously consuming finance industry.

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4 Smart Money Moves to Plan for Financial Security

Success

That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons.

Planning 131