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[Infographic] What can a PEO do for your business?

Insperity

This may include: Health insurance 401(k) retirement plans Healthcare FSA/HSA programs Life/disability insurance 2. Relief from payroll and HR administration overload Pass off your daily HR duties – like administering benefits, managing employee paperwork, processing payroll and tax reporting – to a group that specializes in HR.

Payroll 173
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9 benefits of choosing the right HR technology for your business

Insperity

For example, are you hoping to reduce your payroll processing time by 25% in the next year? Maybe you’d also like to integrate time and attendance with your payroll system for a more seamless experience. Then, you should concentrate your search on platforms that facilitate payroll processing with integrated time and attendance.

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7 PEO benefits that can save you money

Insperity

In a nutshell, a PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits. Working with a PEO can decrease your payroll-processing and related accounting costs. So, where are the savings? Retirement plans.

Payroll 189
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The Families First Coronavirus Response Act (FFCRA): What you need to know

Insperity

Other employees are unable to work because: They’ve been exposed to, show symptoms of, or test positive for COVID-19 and are thus under a quarantine or isolation order from local/state/federal government – or have been advised to quarantine or self-isolate from a health-care provider. Federally mandated paid sick leave. How the Dept.

Insurance 264
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3 policy areas to fuel the next wave of entrepreneurship

Work Life

Despite having no employees, solopreneurs face many of the same challenges as small business owners: funding, healthcare, taxes, and compliance. First, government can increase the support for and awareness of tax-deductible business loans, which allow solopreneurs to deduct interest on personal loans used for business expenses.

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The pandemic made Earned Wage Access apps popular. Regulators want to rein in the fees

Work Life

The typical user earns less than $50,000 a year, according to the Government Accountability Office, and has experienced the pinch of two years of high inflation. Muddying the waters is the fact that some employers have integrated Earned Wage Access apps into their payroll, with different costs, models, and fee structures.

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Top 15 Compensation Management Tools in 2021

Vantage Circle

CompAnalyst also integrates seamlessly with payroll and HR budget systems, while automatically syncing internal data like job titles, employee performance , salary, and more. Paycom is a single software platform that combines HR and payroll technology for an effective employee life-cycle. Payroll Entry. Compensation Governance.

Payroll 52