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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Optional dental and vision care are usually offered alongside health insurance for an added fee.) Employee leave Paid time off (PTO) is among the most popular and sought-after employee benefits, giving employees time to rest and recharge, attend to personal obligations, spend time with their families and take vacations.

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Employee offboarding strategy: Saying farewell the right way

Insperity

Issue final pay, which encompasses the last paycheck, unused paid time off (PTO) and pending bonuses. Provide state unemployment and COBRA information. This is an opportunity to learn why the employee is leaving and what your company could have done differently, which can inform future improvements. Conduct an exit interview.

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What does PEO stand for in HR?

HR Lineup

A PEO also referred to as a professional employer organization, has continued to gain recognition mainly due to its benefits to small and medium-sized organizations within the United States. So, what does PEO stand for in HR, and what benefits does it bring to an organization? Read along to find out. Drug testing.

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The business challenges that make it hard to be an employer

Insperity

For example, once a company hits 50 full-time (or full-time equivalent) employees, it becomes subject to the employer shared responsibility provisions of the Affordable Care Act (ACA). Faced with many layers of rules, employers can get mired down trying to keep track of it all, especially if they don’t have internal or outside HR expertise.

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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).

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50+ PEO Services Your Company Should Be Using

Genesis HR Solutions

What exactly do you get when you hire a professional employer organization (PEO) to work alongside your business? But these general categories only scratch the surface of what employers actually receive when they enter into a co-employment relationship with a PEO. Health, dental, and vision plans.

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When should you hire an HR manager, if at all?

Insperity

It’s best to have a strong HR presence early in your company’s life to establish company mission, vision, values, culture and vital HR infrastructure, which can have a lasting impact on the success of your employees and your business. Pros: An in-house team can have intimate knowledge of the company culture, mission and vision.