article thumbnail

Furlough vs. layoff: What’s the difference, and what do employers need to know?

Insperity

PTO payout. Laid-off employees are removed from the payroll and, in states that require it, must be paid for any unused paid time off (PTO) they have accrued with their final paycheck. You can allow employees to use PTO during the furlough, but you’ll likely want to consider the pros and cons of this option.

PTO 93
article thumbnail

Choosing PEO Software For Your Business: What To Consider

Genesis HR Solutions

When choosing between Professional Employer Organizations (PEOs) for your small or midsize business, it’s critical to evaluate the type of software each company uses. The employee portal should provide all workers with easy access to pay stubs, W2s, PTO request forms, and more.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Are The Different Types Of PEOs To Choose From?

Genesis HR Solutions

From my perspective, as the president and CEO of a Professional Employer Organization (PEO) and an HR veteran, there are two types of PEOs small and midsize business have to choose from: PEOs who lead with technology, or. PEOs who lead with relationships. First things first: What is a PEO?

article thumbnail

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. How a PEO can help If offboarding preparation and all the associated tasks sound overwhelming, a professional employer organization (PEO) can serve as a valuable resource for businesses.

PTO 98
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

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

Insperity

This may vary depending on a specific company and its organizational structure and culture, but generally the following parties should be present when an employee is terminated: The employee’s direct supervisor or manager A third-party witness (for example, the manager’s manager or a human resources [HR] professional).

article thumbnail

FMLA leave: Who’s eligible and for how long?

Insperity

Keep in mind that FMLA only guarantees that an employer will hold an employee’s job open during these 12 or 26 weeks. Guidance from a reputable professional employer organization (PEO) or HR specialist can prove invaluable in helping you sort this out. During this time, the employee can use PTO.