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What is a PEO?

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This includes medical, dental and vision coverage, a health care flexible spending account , a retirement plan, life insurance and personal accident insurance, short-term and long-term disability insurance, adoption assistance, commuter benefits and educational assistance. HR administration. I-9 requirements.

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6 big soft cost savings associated with HR outsourcing

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Everyone wants less expensive benefits and insurance (and without having to scale back on coverage). Sound recruiting and onboarding practices Your recruiting and onboarding practices should be well established and consistent. Your HR outsourcing partner can also facilitate effective orientation and onboarding sessions.

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7 Top HR Mistakes Companies Make

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And because of the Health Insurance Portability and Accountability Act (HIPAA), it may be wise to store your employees’ health and welfare-related benefits information separately as well. Make sure you’re retaining the right records. HR mistake #5: Disregard for training.

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5 signs your job application process is scaring away top talent

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Today’s candidates are interested in salary range and traditional benefits like a 401(k) and health insurance. From posting a job opening to onboarding new hires, talent acquisition can be tricky. If not, including a clear employer brand message may boost the number of candidates who apply.

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How HR can give your company’s employee retention strategy a boost

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Onboarding A new employee’s first few days and weeks at a company are critical. After all, it’s time consuming and costly to deal with employee turnover and start the recruiting process all over again from scratch because you hired the wrong person. With HR’s hiring expertise and resources, hopefully you can hire once and hire right.

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5 ways a PEO can serve as a strategic partner for midsize businesses

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Provide better benefits Benefits costs are continually on the rise, particularly health insurance – and businesses can struggle to contain these costs , especially as the size of the organization increases and regulatory requirements mount. According to Gallup, businesses experience losses of $1 trillion annually in voluntary turnover.

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How to set up a payroll process: 10 steps

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During the onboarding process , each new employee must fill out a Federal Income Tax Withholding Form (W-4) and Form I-9, which verifies identity and authorization to work in the US. Next up, consider any “fringe benefits,” such as: Health insurance Life insurance A retirement plan An employee stock purchase plan.

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