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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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How professional employer organization (PEO) pricing works

Insperity

Being an employer comes with many HR-related costs beyond the cash compensation you pay to your employees, such as: Payroll taxes (FICA, FUTA, Social Security, Medicare) Worker’s compensation insurance coverage Statutory insurance and paid leave programs (e.g., of an employees’ salary, according to the U.S. Administrative fees.

Payroll 247
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The Coronavirus Aid, Relief and Economic Security (CARES) Act: An employer’s guide

Insperity

Take a deeper, more comprehensive look at the CARES Act with our recent webinar, “Opportunities for Small Businesses,” hosted by Insperity’s Tom Himmer, vice president of customer development. Small Business Administration (SBA) offers additional assistance through the Economic Injury Disaster Loan program. Eligibility.

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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. Remember: What people are really looking for in an employer of choice is not just a base salary. Offering competitive pay is but one way to accomplish that, but there are other things you can do.

Banking 255
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How Much Health Insurance Should a Small Business Offer Employees?

Justworks

Between state and federal mandates around offering health insurance to employees, most small and mid-sized companies have considered what kinds of benefits they should offer employees. But even if you decide to offer access to health insurance, how much is enough? How Much Health Insurance is Enough? We examine below.

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Salary Benchmarking: The Key to Attract and Retain Top Employees

Vantage Circle

To bring in the best talent, you need to be offering the most competitive salaries, and that is what is going to change the end game. What is Salary Benchmarking? What is Salary Benchmarking? Salary benchmarking involves matching or exceeding the ‘benchmark’ salary levels across your industry.

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Business owner beware: FLSA compliance and personal liability

Insperity

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. And if you think insurance can shield you from such expenses, think again. I build extra pay into employees’ salaries to make up for any overtime. It’s too costly to pay overtime.

Legal 187