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What are fringe benefits? What employers need to know

Insperity

Whether you’re a small business or a larger company, you want to do what you can to attract and retain top talent. Partners in the business are also eligible. for partners in the business. Remember: What people are really looking for in an employer of choice is not just a base salary. What are fringe benefits?

Banking 255
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Business owner beware: FLSA compliance and personal liability

Insperity

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). I build extra pay into employees’ salaries to make up for any overtime. It’s too costly to pay overtime.

Legal 187
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5 labor law compliance challenges in changing times

Insperity

From paid family leave and hiring to safety and sick leave – and all the many points in between – federal, state and local governments are forever changing what constitutes a company’s responsibility to its workers. The most common misconception among small business owners relates to “employment at will” regulations.

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How small businesses aid economic recovery

Ruby

Small businesses don’t just survive adversity, they often thrive in it. When a global health crisis caused many small businesses to close, newly formed American companies contributed to a historic peak in new job opportunities. It was a bleak time for all businesses, but small ones seemed disproportionately impacted.

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2021 tax deduction checklist: 10 expenses small business owners can write off

Ruby

Although it may sound like a ton of paperwork (which, to be clear, it is), this time of year also presents tons of savings opportunities for small businesses like yours. With January in the bag, most small business owners have sent out tax forms to their employees and independent contractors.

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5 Ways a PEO Has Your Business’s Back

Insperity

Moreover, when you sign on with a PEO, much of the risk and responsibility of employee administration and government compliance is transferred to the PEO. Unfortunately, since small businesses employ a smaller number of individuals, providers make less money than they do with the big guys. Ensure government compliance.

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7 Reasons To Consider a Professional Employer Organization

Insperity

Small Business Administration, owners of small companies spend as much as 25 percent of their time dealing with employee-related issues. This is time and money that would be better spent tending to the moneymaking functions of the business. Keeping an eye on the government. Small business competition is fierce.

Insurance 100