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31 HR Acronyms Explained

Genesis HR Solutions

For employers and employees, there are myriad HR terms to know and understand. This cheat sheet explains several common human resource acronyms. 1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. Leave a comment below with your suggestions.

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Do You Need a Human Resource Outsourcer or a Professional Employer Organization?

Insperity

Amid the many acronyms business owners encounter – FMLA, FICA, HIPAA and COBRA to name a few – two are designed to ease the burden of HR responsibilities for employers. They can also be an enormous liability for employers grappling to adhere to the myriad of laws and regulations. Employees can be the cornerstone of an enterprise.

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Employee terminations 101: What to say and do when it happens

Insperity

It could be: Voluntary (resignation) Involuntary (layoff or firing for performance, conduct and behavioral issues) A mutual agreement that the employment arrangement isn’t a good fit for either the employee or company. As a general rule, once you’ve made the decision to terminate an employee, act as soon as possible – within a few days.

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Employment laws to watch in 2019

Insperity

Employment law is ever-evolving, and 2019 is shaping up to usher in its fair share of changes. Employment laws tend to come in waves, with particular themes for each era. A patchwork of state and federal laws was eventually replaced when Congress set minimum age requirements with the Fair Labor Standards Act in 1938.

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What is a PEO and how can it help small businesses?

Higginbotham

On top of payroll and HR issues, employers also have to deal with taxes and an ever-growing maze of state and federal regulations. A Professional Employer Organization (PEO) offers a solution. What are Professional Employer Organizations? PEOs are Professional Employer Organizations.

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Which Type of HR Outsourcing Company is Right for You?

Insperity

PEO (professional employer organization) and HRO (human resource outsourcer) companies remove the need for internal human resources, allowing managers more time to conduct business. They can also be an enormous liability for employers grappling to adhere to the myriad of laws and regulations.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Health insurance Health insurance aims to assist employees with the costs of obtaining medical care. This is one of the most critically important benefits to employees, given the generally high costs associated with medical care. Many employers match their employees’ contributions to boost their savings.