Pharmacy costs have continued to rise over the last 10 years, with spend shifting to high-cost brands and specialty medications. Now 1% of claims are driving 40% of the cost for most plans, causing drug spending to feel like its spiraling out of control. As an employer, did you know that you have some control over pharmaceutical cost drivers? While there are some things that cannot be … [Read more...]
5 Ways To Inspire Employee Loyalty
Creating employee longevity today goes far beyond simply the amount an employee is paid. Employees are looking for tangible benefits such as unlimited PTO, extended maternity/paternity leave, stock options and more. Statistics are showing that when employees see greener pastures, they don’t hesitate to make a move. In fact, in a recent survey of a sample of people who were planning on looking for … [Read more...]
Office Perks Aren’t Enough Anymore
With more than seven million jobs unfilled, employers have been piling on free snacks, comfortable lounges, cafes, and other perks to burnish their image in the job market. Unfortunately, to capture today's top talent, that simply isn't enough anymore. As you begin to plan for the new year, keep these 3 things in mind when it comes to new hires and what they are looking for: Health … [Read more...]
Medicare Solutions
PEO Broker can help you with Medicare Advantage, Prescription Drug Plans, Medicare Supplement insurance plans, and a portfolio of insurance products. When it comes to Medicare there is not a 'one size fits all' solution that meets the needs of all Medicare consumers. That is where we come in. Our no-cost service can help you understand how Medicare works, what the cost of drugs may be, which … [Read more...]
Mitigating Risk with a PEO
Employment Law Compliance Most businesses today do not have the staff or the in-depth subject matter expertise that is required to adequately understand and manage employment and tax laws. This gap can leave companies vulnerable and liable. Mismanagement of employment laws can have costly consequences. Some examples of these federal laws that apply to any employer with employees are: FLSA … [Read more...]
FSA Expenses for Reimbursement
Health Insurance Premiums Reaching New Highs? We Can Help!
PEO Broker compares your current health insurance to large pooled health insurance programs and open market medical plans all at one time. Doing business with us, is simple, free and easy. We manage the process and educate you with the best options available. With over 14 years’ experience in saving companies money, we know what it takes get this done. Don’t wait until your next renewal, now … [Read more...]
How PEOs Protect Your Business
Employment Law is constantly changing and businesses can easily find themselves struggling to keep up. Many companies today now hire a PEO for HR guidance, compliance & support. This can relieve the stress associated with keeping up all that is involved in having employees. Here are the top 3 reasons business owners need to have HR support. Help Avoiding Employment Violations Many … [Read more...]
Employee Obligations During A Natural Disaster
Has the recent disaster caught you unprepared to help your employees deal with personal loss, productivity issues, work schedules, compensation challenges, and grief support? Knowing how to help your staff and what is required from an employment perspective can be essential to reducing stress and employer liability, making it faster and easier to get life back on track. Here are a few … [Read more...]
Help Cover Your Employee’s Out Of Pocket Medical Costs
With healthcare costs reaching all-time highs, many employers offer high deductible health (HDHP) plans to achieve lower premiums for the company and its staff. Higher deductibles can reduce the monthly cost, but it can also result in an increase of "out of pocket" costs for the employee. High out of pocket costs can be financially and emotionally draining if employees don’t have the resources … [Read more...]
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