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...]
Focus On Your Business: Secure A PEO for HR Outsourcing Houston
Why small to medium-sized businesses should use HR outsourcing Houston to third-party providers. Economies of scale are a very real phenomenon. Once the infrastructure is in place for a certain task, it becomes significantly easier (and less expensive) to continue doing that one task over and over again many times over. That’s what the all-American entrepreneur and industrial icon Henry Ford … [Read more...]
New Federal Overtime Rules Expand Coverage 500%
Thanks to new federal overtime rules, overtime protections are about to experience a massive expansion. Coverage of the nation’s current workforce is expected to increase by five times - from 7% of the workforce to 35%. According to the US Department of Labor, 4.2 million workers will receive an income boost. What does this mean for employers? The new rules don’t take effect until the first … [Read more...]
How PEOs Can Benefit Small Group Health Plans
Despite all the hoopla in the media the past few years about what effect Obamacare will, has, or is having on health insurance premiums and benefits, one fact remains: size still matters. Undeniably, larger firms have historically received better rates on their health benefits purely as a function of their size and correspondingly larger “risk pool”. Unfortunately, smaller businesses do not have … [Read more...]
PEOs Can ACA Proof Your Small Business
Obamacare Penalties and Small Businesses The Affordable Care Act (ACA), also known as Obamacare, established some market reform restrictions that apply to all employer-provided group health plans, including those offered by small businesses. The penalties for ignoring these restrictions are substantial. According to the IRS, businesses who run afoul of the market reform … [Read more...]
PEOs Secure Better Benefits
When it comes to hiring and keeping the kind of employee talent that makes or breaks a business, employee benefits outsourcing Houston is a big deal. A full package will attract the kind of top flight talent that a less competitive package simply will not. That’s just a fact of the labor marketplace. For small businesses, however, securing an attractive and compelling benefits package to offer … [Read more...]
Healthcare Premiums: The $25,000 Tidal Wave
There’s a tidal wave coming in the direction of your healthcare. More than 10 million Americans will receive government subsidies through the ACA to help defray the rapidly rising costs of healthcare. However, many more may be left helpless in the face of surging premiums. Individuals who earn more than $47,520 per year and the typical family of four earning more than $97,200 per year will not … [Read more...]
New Overtime Rules Challenge Small Businesses
New federal overtime rules will make millions of workers eligible for overtime pay strengthening labor. But small businesses, as well as larger employers, say this will hurt hiring, revenue, and ultimately worker earnings in the long run. Executive Summary: Consumer groups have been pushing the Obama Administration to take a fresh look at overtime rules for years. In 2014, … [Read more...]
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