PEOs: The Lean Startup's Best Friend Time is money. For most entrepreneurs and startup founders, both come in limited quantities that must be wisely and strategically allocated in order to ensure success. Yet the realities of starting and running a business necessarily include dealing with such tedious tasks as payroll, compliance, and benefits management just to name a few. These critical yet … [Read more...]
Planning on Hiring Resident and Non-Resident Aliens? Be Prepared for the Paperwork.
How to maintain compliance with IRS rules and regulations when hiring resident and nonresident aliens. The world is shrinking. We live in an era of rapid globalization, where cross-border and cross-cultural travel, play, and work are a common occurrence. Americans work in other countries all the time, and American companies love hiring competent workers from abroad. Love it or hate it, … [Read more...]
Flexible Spending Account: Use It or Lose It!
Day Hour Minute Second With the fiscal year entering the last quarter, companies large and small are now anticipating and preparing for the inevitable wall of deadlines come year’s end. Since most cafeteria plans renew at the beginning of the new year, now is the time for employers to enroll in new plans. Meanwhile, employees must spend their existing FSA balances by year’s end. With companies … [Read more...]
ACA Prep for 2017: Get Your Business in Order for Earlier Deadlines
Is your company ready to provide the requisite information and comply with the new Affordable Care Act (ACA) reporting deadlines? Last filing year, businesses across the nation breathed a sigh of relief when the IRS announced an extension of the due dates for ACA information reporting. This year, however, the transition relief will end. Here’s a breakdown of which forms are due when: Forms … [Read more...]
What’s Driving PEO Growth?
The 3 recent developments driving PEO growth The Professional Employer Organization (PEO) sector is a bonafide growth industry. Since the PEO concept first came into existence 30 years ago, the industry has added approximately 100,000 worksite employees and 6,000 net new clients. In other words, every five years the PEO industry has added the same number of workers as the entire utility … [Read more...]
9 Things You Should Know About Performance Management Tools Houston
If you are a business owner, you are more than likely aware of the term PEO, or you have a PEO. Following are 9 things to help you better understand the role of performance management tools Houston and the benefits a PEO can have on your business. 1. PEOs help you focus on your business. For most small to medium-sized businesses doing every single HR task in-house simply isn't a cost-effective … [Read more...]
7 Best Practices to Help Employers Avoid Immigration-Related Discrimination Violations
The ability to attract, hire, and retain the best staff is an essential component of any successful business model. This is particularly true for small businesses who must rely on a limited number of employees, and thus, often can’t afford to make poor hiring decisions that could cost the company time, money, and manpower. Sloppy hiring practices, particularly those that could be construed as … [Read more...]
Looking to Change Payroll Outsourcing Services?
For companies looking to change payroll outsourcing services Houston or hire a PEO, now is a great time to start. When it comes to the laborious task of searching for a PEO provider, there are many things one should consider. Some of these are, finding a PEO that understands your industry and culture, gathering that long list of RFP data, interviewing multiple sales representatives, comparing each … [Read more...]
Be Careful Who You Hire
The US Department of Justice (DoJ) has increased fines for I-9 and other immigration violations. As of August 1, 2016, the DoJ has substantially increased the penalties associated with hiring people not legally authorized to work in the US, along with a host of other I-9 related violations. In other words, hiring illegal immigrants or filling in Form I-9 incorrectly, could get you and your … [Read more...]
Count Your Contingent Workers for ACA Compliance
ACA Compliance for Applicable Large Employers in 2017 (those with 50 or more employees) Fall is just around the corner and companies are beginning to put together their budget and workforce plans for 2017. With both of these critical tasks in mind, the coming weeks and months would be an excellent time for your company to catalog and assess your existing and planned staffing arrangements with … [Read more...]
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