Professional employer organizations (PEOs) operate as an extension of your business and are often referred to as a co-employment or joint employment. Professional employer organizations can execute all your HR responsibilities without the cost of hiring a full-time person. Below are some pros and cons to consider if you are thinking of hiring a PEO.
Deciphering Health Insurance Lingo
Health insurance plans can be intricate and often confusing to decide what is important for your plan. There are many options to cater to what you, the employer, would like to make available to your employees. There are 3 major categories to focus on when looking at health insurance plans:
Are you ready for when the $h!t (or FLSA) hits the fan?
Do you have employees that are salaried and making less than $50,000 per year? Are you sure they qualify for exempt status? Are you ready to pay them over 100% more when the FLSA changes go into effect later this year?