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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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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., Small Business Administration. Administrative fees.

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5 Tips for Recruiting Choosy Job Candidates

Insperity

As a small business, you’re probably wondering how you can attract your share of the candidates. 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.

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

Insperity

Reduce costs associated with workers’ compensation , disability and medical insurance (if an employee can return to work faster). Consider implementing a remote work policy or program , which also involves having the right technology and appropriate security measures in place. Formulate a disaster or emergency preparedness plan.

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5 reasons to cultivate strategic business partnerships

Insperity

A strategic business partnership is not a business relationship that looks to exchange or extract value for your business from the other organization. A small business, for example, might partner with an industry-specific organization or association in order to reach a specific target market.

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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. Generally, offering comp (compensatory) time in lieu of paying overtime is not legal for private employers.

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