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How to contain employee benefits costs (and why most businesses struggle)

Insperity

per hour, per employee, for health-insurance costs, according to Sept. In 2021, employer expenses for health insurance are expected to rise by 3.9 In 2021, employer expenses for health insurance are expected to rise by 3.9 However, a major driver of increasing health-insurance costs is plan usage and claims history.

Insurance 321
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Business owner beware: FLSA compliance and personal liability

Insperity

Being held liable for years’ worth of back wages and penalties could easily cost you and your business hundreds of thousands of dollars per incident. And if you think insurance can shield you from such expenses, think again. Employees working in an executive, administrative, or professional capacity may be exempt.

Legal 203
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What AI can—and can’t—do for your small business

Ruby

For small businesses, these rapid advancements can come at a cost: You may know AI could potentially provide a competitive edge, but how can you apply it—ideally without compromising the customer experience? Empathy-based social skills Great customer service is usually high on empathy.

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How to Survive a Recession, According to a 91-Year-Old Business

Success

Speculation of another impending recession battered the confidence of small-business owners, as indicated by monthly surveys conducted by the National Federation of Independent Business. Time and again, keeping the focus on profitability has been crucial to helping small businesses survive a recession.

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Does your business need to be 24/7?

Ruby

If you picked up the phone right now and called your internet service provider, your insurance company, or even your local franchise gym, you won’t reach a voicemail. It makes sense that larger organizations can offer this kind of round-the-clock service. The post Does your business need to be 24/7? Have questions?

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Outsource or hire—what’s best for your business needs?

Ruby

It’s easier than ever to outsource work to experienced freelancers and contractors who can support your small business remotely. They want flexibility and freedom of choice…so maybe your business should look for such qualities, too. Should your small business hire or outsource? So…to hire or to outsource?

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10 Best Payroll Software in India (2024): - Top Solutions Reviewed

Vantage Circle

The platform provides quick and responsive customer service. Customer Reviews “The support team is knowledgeable and responsive, always providing quick and effective solutions to any issues or questions we have encountered.” Its customer support is nimble and responsive with a quick turnaround time.

Payroll 59