Remove 401(k) Remove Health Remove IT Remove Professional Employer Organization
article thumbnail

How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

In requiring employers to take actions that can improve their employees’ financial wellness, the SECURE 2.0 employer-sponsored 401(k) plans. Starting in 2024, employees’ annual contribution limits to some SIMPLE 401(k)s or IRAs will rise. Act for employers are tremendous in comparison. The SECURE 2.0

401(k) 108
article thumbnail

16+ types of employee benefits you should consider

Genesis HR Solutions

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

401(k) 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

HR outsourcing: How to keep your HR staff from freaking out

Insperity

You’ve decided that HR outsourcing can help your business grow, and you’re ready to hire a professional employer organization (PEO). Paint your vision for the future. With vision comes buy-in. But your HR staff – or person – isn’t thrilled. Here’s what could be causing that, and how you can turn it into enthusiasm.

401(k) 66
article thumbnail

How HR can give your company’s employee retention strategy a boost

Insperity

If your company lacks dedicated HR personnel or has a small HR team in need of support, a professional employer organization (PEO) can step in to enhance your employee retention strategy. Specifically, HR personnel can: Communicate transparently with employees. As it turns out, you can.

article thumbnail

10 signs your business needs a PEO

Insperity

Have you considered outsourcing your business’s HR to a professional employer organization (PEO)? How will you ever create a vision for your company and achieve its mission if you’re chasing your tail all day because your business has become overwhelmed by its HR workload? If not, maybe you should. How did this happen?”

401(k) 67
article thumbnail

Are HR Departments A Requirement For Small Businesses?

Genesis HR Solutions

We’ve written about all these organizations here, and encourage you to read more about them, especially in regard to how they compare to the professional employer organization, or PEO—our primary recommendation for companies with no HR department. Professional Employer Organizations (PEOs).

article thumbnail

How to find the best PEO for small businesses: 5 Non-Negotiables

Genesis HR Solutions

It must be a Certified Professional Employment Organization (CPEO). As of 2017, professional employment organizations are eligible to become certified through the IRS (thus Certified PEOs). By choosing a CPEO you can rest assured that: It is a well-run organization. 401(k) Options.

401(k) 40