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Outsourcing HR services for your small business: What you need to know

Insperity

But how do you know if a small business HR outsourcing solution is right for you? What is HR outsourcing for small business? On a basic level, HR outsourcing simply means hiring people outside of your company to perform HR services for your small business. Why do small businesses outsource HR?

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Benefits of outsourcing HR for small businesses

BMT Office Administration

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. Explore the benefits of HR outsourcing below to find out if outsourcing human resources is right for your small business.

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Wondering how to choose a professional employer organization (PEO)? Ask 7 questions

Insperity

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. Is the plan fully insured, or self-funded?

Insurance 246
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How Health Care Reform Helps People and Small Businesses Pay for Coverage

Insperity

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.

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A Freelancer’s Guide to Business Insurance: What You Need to Know

Success

“The case eventually ended up being thrown out,” Gobel says, “but not before I ended up with a $1,500 legal fee.” As a freelancer or independent contractor, you may think your business is too small to need insurance. Client contracts sometimes even require you to have freelance business insurance.

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A return-to-work process after an extended employee absence

Insperity

Ensure compliance with all relevant HR documentation and legal requirements. Reduce costs associated with workers’ compensation , disability and medical insurance (if an employee can return to work faster). As you bring an employee back to work, be careful to comply with all relevant federal and state legal requirements: 1.

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Business owner beware: FLSA compliance and personal liability

Insperity

The nuances between what legally constitutes a person and an employer aren’t always clear-cut when it comes to FLSA compliance. 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.

Legal 203