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31 HR Acronyms Explained

Genesis HR Solutions

For employers and employees, there are myriad HR terms to know and understand. 1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. IRS ) W-4: A form used by employers to withhold the proper amount of federal income tax from employees’ paychecks. (

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Considerations For A Successful PEO Exit Strategy

Griffin Benefits

Has your company outgrown its Professional Employer Organization (PEO)? You may need an HR program that’s more customized for your organization’s needs than a PEO can provide. It happens for all sorts of reasons.

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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.

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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). Flexible Spending Programs. Choosing The Best PEO For Small Businesses: 5 Non-Negotiables. Life/AD&D.

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5 ways you can help employees get the most from their benefits

Insperity

From employer-sponsored health insurance to retirement savings plans, an attractive benefits package can help you hire the best employees and ensure you retain them for many years to come. This can go a long way toward positioning your company to excel in the marketplace and securing your reputation as a stellar employer.

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4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

As one of the most expensive aspects of running a small business, health insurance is top of mind for many employers. Look at this eye-popping stat: 56% of people with employer-sponsored health benefits said that whether or not they like their health coverage is a key factor in deciding to stay at their current job. Find out more here.

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5 steps to more financially stable employees

Insperity

This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more. Also, offer an employer match, if possible, on a percentage of their pay. Everybody wins.

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