The Corporate Transparency Act is a new federal law that went into effect at the start of 2024. Due to the requirements placed on small businesses, it should be on the radar of every business owner. The law requires businesses to file information about individuals with ownership in the company with the U.S. Department of…
Read MoreYour benefits package is an important component to the compensation you offer to employees. In today’s competitive hiring climate, your ability to offer high quality benefits that address the needs of your team can play an important role in your ability to attract and retain the best employees. For many small and medium-sized businesses, managing…
Read MoreThe SECURE 2.0 Act was passed in late 2022. The purpose of this legislation, which is essentially an update to the original SECURE Act of 2019, is to facilitate a smoother process for businesses that are providing retirement benefits for employees. This law also makes it easier for employees to plan and save for the…
Read MoreWhen it comes to managing HR functions, many small and medium-sized businesses face challenges due to limited resources and expertise. However, there is a solution that can alleviate these burdens and enable your business to focus on your core operations: partnering with a Professional Employer Organization (PEO) company. If you’ve struggled to provide competitive benefits…
Read MoreProviding a strong employee benefits package is essential in today’s competitive hiring landscape. Employee benefits encompass a broad range of offerings, including health insurance, retirement plans, PTO, and various perks that contribute to overall employee well-being. Navigating this landscape can be daunting for small businesses with limited resources. You may face challenges with both providing…
Read MoreIf your small business is poised for growth, you will most likely find that some of the most critical challenges to address involve HR matters. As your company grows, HR roles and responsibilities will become increasingly complex, and this may require a different approach to ensure these tasks run smoothly. It’s common for your management…
Read MoreYou have two options when looking to outsource recruiting and hiring to a third-party partner – PEO and EOR companies. It’s important to understand the differences between these two options to ensure you work with the right type of company to address your specific needs. What Is a PEO Company? A professional employer organization (PEO)…
Read MoreNavigating the intricate landscape of human resources, payroll, benefits and compliance can often feel like a daunting task for businesses. This is especially true for small and medium sized businesses with limited resources. In many instances, you may find it beneficial to outsource these services to a PEO company. A professional employer organization (PEO) company…
Read MoreManaging payroll and employee benefits are two important functions that are essential to every business. These tasks can be extremely complicated and time-consuming. As a result, managing these functions in-house can often be overwhelming and expose your business to unnecessary issues. For example, it’s critical to stay on top of the latest laws and regulations…
Read MoreOffering a comprehensive employee benefits package that provides your employees with all the support and essential services they need is a critical aspect of running a modern business. Companies that have attractive benefits programs typically experience a competitive advantage in hiring and retaining the top talent in their industry. Workers are being more selective than…
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