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8 Considerations When Selecting a Professional Employer Organization

Insperity

As employment laws, tax laws and health care reform continue to change at a rapid pace, it can be difficult for business owners to keep up. If you are weighing the option of outsourcing human resource (HR) duties through a co-employment relationship, here are eight important things to consider when selecting a PEO: 1.

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[Infographic] What can a PEO do for your business?

Insperity

From employment issues and complicated compliance updates, it’s easy to get overwhelmed. This is where a professional employer organization (PEO) can come in as a partner to assume many of your employer related HR responsibilities, freeing up time for you to focus on bigger-picture goals.

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31 HR Acronyms Explained

Genesis HR Solutions

1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. ( TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (

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7 Reasons To Consider a Professional Employer Organization

Insperity

In order to better allocate time and resources, many small businesses are choosing to turn over employee-related tasks to a professional employer organization (PEO). Providing professional HR advice. Small businesses generate less revenue for benefit providers, such as health insurance and retirement services.

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A Guide to Payroll Management: Ensuring Smooth Financial Operations

Qandle

These may include health insurance, retirement contributions, and other perks. Employers must accurately track and manage these benefits to ensure they align with company policies and legal requirements. Organizations must file various tax reports to relevant government agencies.

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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 set up a payroll process: 10 steps

Insperity

As an employer you shoulder a lot of responsibility, especially when it comes to employee compensation. Not only do you have to figure out the proper way to pay your people, you have to withhold the appropriate taxes, deposit them and report them to the government. Calculate payroll, and don’t forget deductions.

Payroll 101