Insperity

OCTOBER 10, 2023

government passed a significant piece of legislation: the SECURE 2.0 government is paying employers to set up retirement plans and contribute to them. In December 2022, the U.S. The SECURE 2.0 Act put in place mandatory and optional provisions to help U.S. This new law comes at a critical time for Americans: Many older U.S.

Security 283

Security Government Logistics Planning 283

Insperity

MAY 26, 2023

This may include: Health insurance 401(k) retirement plans Healthcare FSA/HSA programs Life/disability insurance 2. Access to comprehensive benefit plans Partnering with a PEO means that your employees can gain access to comprehensive benefit plans that are comparable to those found at large companies.

Payroll 173

Payroll Insurance Healthcare Government 173

Insperity

FEBRUARY 13, 2018

Start by offering a solid benefits package that includes a great portfolio of health insurance options to choose from. This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more.

Insurance 188

Insurance Consulting Security Flexibility 188

Insperity

JANUARY 27, 2022

Though you don’t withhold taxes for these parties, you may need to report the benefit to the government using one of the following forms: IRS Form 1099-NEC for independent contractors IRS Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc. Independent contractors you hire for a specific job can be recipients.

Banking 245

Banking Insurance Government Promotion 245

Insperity

JUNE 24, 2015

Federal and/or state laws govern a mandatory leave of absence. These leaves include medical absences governed by the Family and Medical Leave Act ( FMLA ) and Americans with Disabilities Act ( ADA ), military leave, jury duty and other state-mandated leaves. What is a leave of absence?

Insurance 200

Insurance Government Payroll Salary 200

Insperity

APRIL 20, 2023

Everyone wants less expensive benefits and insurance (and without having to scale back on coverage). Not only do different state and municipal governments pass their own laws independently of each other, but employment laws at the federal, state and local level are continually evolving.

Onboarding 252

Onboarding Payroll Insurance Legal 252

Insperity

JUNE 11, 2014

A PEO whose health insurance plan centers on a state-specific carrier (e.g., They can tell you whether they have access to multiple insurance carriers and networks that would accommodate that growth. Are they familiar with the laws governing your city and state? Is the plan fully insured or partially self-funded?

Insurance 146

Insurance Customer Service Networking Planning 146

Insperity

FEBRUARY 15, 2018

If they get sidetracked and forget to enroll by the required date, it could cause them and their dependents to miss out on health insurance until open enrollment rolls around. Keeping up with HR-related government compliance can be another tough spot for small business owners and it’s not just about payroll anymore.

Payroll 174

Payroll Government Onboarding Small Business 174

Insperity

JANUARY 18, 2018

In fact, when considering lawsuits about back wages, the federal government has the authority to deem a business owner an “employer” if certain criteria are present under the Fair Labor Standards Act (FLSA). And if you think insurance can shield you from such expenses, think again.

Legal 180

Legal Insurance Salary Maintenance 180

Insperity

OCTOBER 2, 2018

Employers can face under-withholding penalties from federal, state and local governments. That’s why it’s important to assess whether or not each employee should change their W-4 to prevent them from temporarily loaning the government their hard-earned cash for the whole year. Guidance with HR-related government compliance.

Payroll 179

Payroll Government Onboarding Communication 179

Insperity

NOVEMBER 12, 2014

Small businesses that can provide big-company benefits, such as affordable employee health insurance, will have a leg up on the competition when it comes to decision time for these hard-to-find employees.

Advertising 204

Advertising Catering Payroll Small Business 204

Insperity

JULY 26, 2016

Are they familiar with the laws governing the cities and states in which you do business? Do you carry employment practices liability insurance (EPLI)? Is the plan fully insured, or self-funded? In contrast, under a self-funded plan, the employer (not the insurer) is responsible for paying the claims.

Insurance 131

Insurance Payroll Government Planning 131

Insperity

OCTOBER 22, 2019

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 175

Insurance Security Controlling Planning 175

Work Life

OCTOBER 5, 2024

Eldercare options There are several options available that could help improve the affordability of your parents’ care, including: Program of All-Inclusive Care for the Elderly (PACE): This government program provides eldercare services to seniors who would otherwise need to receive nursing home care.

Insurance 98

Insurance Supervising Government Purchasing 98

Insperity

JULY 13, 2021

These administrative tasks include addressing issues related to: HR-related government compliance and reporting Benefits and COBRA administration Leave of absence compliance and support (FMLA) Employee relations issues. Meanwhile, as employee headcount rises, your HR infrastructure must scale and become more specialized.

Payroll 242

Payroll Equipment Technology Onboarding 242

Insperity

APRIL 23, 2019

The leave is usually unpaid, although certain states may cover time away with partial disability plans or additional private insurance compensation. The laws governing employment can be cumbersome and overwhelming. The employee must have worked 1,250 hours in the previous 12 months to qualify for leave.

Legal 228

Legal Banking Insurance Government 228

Insperity

AUGUST 16, 2016

Beyond pay, there are many other regulations governing employment in each state. These state-specific regulations may govern: Rest, meal and/or lactation breaks and days of rest. Workers’ compensation insurance. Know the state-specific employment rules and regulations. Signage and notices to employees. Unpaid leave of absences.

Payroll 138

Payroll Government Customer Service Insurance 138

Insperity

MAY 10, 2012

The number of workers enrolling in company-sponsored health insurance plans is at an all-time low. percent of employees were enrolled in their employer’s health insurance plan. But those already in the workforce are also becoming less likely to take advantage of health insurance plans. Who is Opting In?

Insurance 100

Insurance Government Small Business Purchasing 100

Insperity

JUNE 17, 2021

When a storm’s bearing down on an area and it’s unsafe or unfeasible to evacuate, we’ve all heard meteorologists and government officials advise residents to shelter in place until the danger passes. Do you find ways to accommodate them, on a case-by-case basis, when personal or family obligations conflict with work?

Leadership 244

Leadership Salary Security Finance 244

Insperity

MARCH 9, 2017

Some experts contend this data may boost a company’s bottom line , and many insurance providers are promising lower health care premiums in exchange for it. Since tracking employee health information is a fairly recent phenomenon, there is little legislation governing it. What’s possible? Financial benefits.

Insurance 126

Insurance Construction Government Food 126

Insperity

MARCH 19, 2019

You must satisfy a number of government requirements before sponsoring a foreign national to be employed in the United States. Comply with insurance requirements. Insurance obligations are the responsibility of the employee, but companies may assist in the process or offer company insurance. The process for a U.S.

Insurance 167

Insurance Legal Salary Training 167

Work Life

FEBRUARY 15, 2024

Although household incomes have increased considerably since 1970, the share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021 (the last time Pew did an analysis of government data). In fact, that 50% number has been holding steady for the last decade, says Pew Senior Researcher Rakesh Kochhar.

Insurance 111

Insurance Maintenance Payroll Sales 111

Mad in America

JULY 10, 2024

Insurance companies are beginning to see the preventative health benefits. Siem: How are insurance companies going to get on board with this? Hotz: There’s a clear incentive for insurance companies to prescribe pills: it’s easy. What would social prescriptions do for insurance companies? Not so much.

Interviewing 136

Interviewing Insurance Healthcare Food 136

The Office Management Group

APRIL 16, 2023

What it means is you cannot be an expert in how your air-conditioning system works, how it should be cleaned and serviced, nor can you be an expert in what sort of chairs are out there and the many functions of them all or an insurance or rates whizz who knows exactly what the best products are out there for your business.

Payroll 130

Payroll Insurance Cleaning Maintenance 130

Insperity

FEBRUARY 12, 2011

This benefit is funded by employers in any one of three ways: state insurance funds, which are created and maintained by employer premium payments that are geared in amount to the risk involved; employers who act as self-insurers; or. Employers are required to be insured. How can workers’ compensation costs be avoided?

Insurance 100

Insurance Government Equipment Technology 100

Insperity

NOVEMBER 25, 2013

No matter the level of government, tax laws and regulations can change often and without notice. Depending on which government agency you’re dealing with, payroll information must be stored for a specific period of time. Mishandling or ignoring the garnishment process can lead to government penalties and fines.

Payroll 100

Payroll Government Insurance Data Entry 100

Insperity

FEBRUARY 3, 2011

Finding a new medical insurance provider. The ever-increasing cost of medical insurance premiums can really cut into a company’s profits. By finding the time to negotiate a better rate with another medical insurance provider, a company could reap the benefit of increasing working capital that could be used to grow the business.

Insurance 105

Insurance Maintenance Payroll Government 105

Insperity

JUNE 13, 2017

This allows the CPEO to provide benefits and handle functions such as payroll, tax remittance and related government filings. 45R credit for health insurance expenses. While it has been set forth by the federal government that CPEOs must be liable for paying payroll taxes, it’s an obligation we have always fulfilled.

Payroll 162

Payroll Government Small Business Insurance 162

Insperity

JUNE 27, 2019

Anthem, an American health insurance company, had nearly 78 million American’s medical data stolen in 2015. What state and federal laws govern HR data privacy compliance? Not only do the governing bodies and regulations vary by state, but it also varies by industry. Target, one of the largest U.S.

Security 136

Security Government Retail Insurance 136

Insperity

APRIL 26, 2018

Insurance premiums and claims management – both of these components make workers’ comp costly and time-consuming. Additionally, the laws governing the CPEO relationship allow client companies to maintain specified tax credits for which they would otherwise be eligible. Workers’ compensation.

Payroll 166

Payroll Legal Insurance Healthcare 166

Insperity

JULY 29, 2012

Next up, consider any “fringe benefits,” such as health insurance, life insurance, a retirement plan and/or an employee stock purchase plan that you offer. These government-mandated deductions, if you don’t comply with them, can result in costly penalties. Non-voluntary deductions include garnishments and child support payments.

Payroll 100

Payroll Insurance Government Purchasing 100

Insperity

MARCH 26, 2014

No more worries about being denied because of a pre-existing condition, and new places to shop for health insurance (i.e., Less incentive to work due to increased taxes and financial incentives to keep earnings low (such as increased subsidies at the health insurance exchanges). And, therefore, more dependency on government “handouts”.

Insurance 100

Insurance Government Small Business Reporting 100

Insperity

FEBRUARY 6, 2018

A PEO should have a team of professionals to help navigate the complexities of employment issues, which include such things as HR-related government compliance, unemployment, payroll taxes, hiring and firing, and workers’ compensation. Present the benefits in a way that’s relevant to your employees.

Payroll 173

Payroll Planning Insurance Government 173

Success

AUGUST 21, 2022

health insurance may not cover you. As soon as you move abroad , you’re in charge of paying for your medical expenses, as your United States health insurance won’t let you submit any assertions, says Elena Jones, a personal finance expert at FinanceJar. You can (or may need to) purchase international insurance. Health care.

Banking 105

Banking Insurance Purchasing Transportation 105

Insperity

NOVEMBER 20, 2018

For example, if your business specializes in insuring data centers, you might seek to form an ally with a trade association whose membership comes from Silicon Valley and Boston’s Route 128 technology corridor. This is also known as a governance model. Think of your governance model as your roadmap for mutual success.

Sales 156

Sales Influencing Government Planning 156

Insperity

JULY 22, 2014

Buying health insurance can be a costly endeavor. Most Americans must have health insurance or face a tax penalty. Purchase coverage through a state or federal health insurance marketplace. This means that the insurance carrier will pay an even greater share of the cost of essential health benefits covered under the plan.

Small Business 100

Small Business Insurance Purchasing Government 100

Work Life

OCTOBER 14, 2024

Roger Crandall likes to say that he stands on the shoulders of people who made economic decisions generations before he became CEO of MassMutual, the mutual life insurance company founded in 1851. Crandall recalls how MassMutual and other insurers emerged from challenges to their business in the 1970s and early 1980s with new products.

Leadership 98

Leadership Insurance Government Small Business 98