The Pros and Cons of Holiday Parties
Almost everyone looks forward to the holiday parties that are popular during this season. Such gatherings afford companies a way to boost morale by thanking workers for their service and provide an atmosphere where employees can have fun in a purely social setting. For human resource professionals, however, holiday parties can lend themselves to an […]
HR Sticklers Lead to Stories
A benefits package can be important to any new hire or potential employee you are trying to work for you. Unfortunately, problems can arise for workers and their families over things such as insurance. According to a recent story in Computer World,a worker who had signed on with a prominent pharmaceutical company and after he […]
What Can You Really Get From Section 125 Benefits?
Have you unraveled the mystery of section 125 benefits? Section 125 benefits, also called “cafeteria plans” and “flexible spending accounts,” offer unique benefits workers can’t get anywhere else. Figure them out to stand out among employers in your industry. The following are just a few of the reasons these curious plans improve the caliber of […]
The 6 Most Surprising Benefits of Flexible Spending Accounts
Do you understand the real benefits of flexible spending accounts? It’s surprising how many enrollees don’t understand the benefits of flexible spending accounts, even when they’re meeting the maximum investment each year. FSAs use pre-tax dollars to cover dependent care and medical expenses, providing you with 30 – 40 percent savings in the process. However, […]
The Importance of Employee Benefits
Do you realize the importance of employee benefits on your workforce and profits? Because happiness at work has such a significant impact on overall quality of life, employers shouldn’t discount the importance of employee benefits. Happy employees mean a lower turnover rate, which in turn make a positive impact on your budget, talent sourcing, productivity […]
Why ACA Compliance Could Make or Break a Small Business
What options do you have for ACA compliance? The Affordable Care Act, also known as the ACA, has small and medium-sized business owners worried. Under the new law, companies with 50 or more full-time-eligible employees need to cough up adequate healthcare coverage or pay the price. Unfortunately, for certain businesses, the extra expense could put […]
How Outsourcing Benefits Administration Can Help Your Small Business
How can outsourcing Benefits Administration fuel success? Outsourcing Benefits Administration helps your small business stay competitive and avoid fines. It also helps your workforce focus on money-making activities instead of activities capable of bleeding out their time and morale. Check out the biggest benefits of moving Benefits Administration off-site: Attract Grade-A Employees Professional Employer Organizations, […]
Time and Attendance Data Collection Made Easy
It pays to invest in data collection, even when employees are on salary. The benefit of data collection has been fully realized across industries and within organizations. Big data – massive amounts of pooled information too large for most programs to deal with – is being mined for its potential to predict not only the […]
How to Take the Pain Out of Flexible Spending Accounts (FSA) Benefits Administration
Benefits Administration Business Owners, Account Managers And Employees Will Love Benefits administration isn’t for the faint of heart or the uneducated. Mess up your job and you mess up the resources available to every employee in your company. This is especially true with complicated programs, like Flexible Spend Accounts or FSAs. Regardless of the stage […]
Why a Professional Employer Organization is the Only Way to Manage Your Section 125 Plans
Secure the highest returns with help from a Professional Employer Organization. If you’re thinking of bringing a new addition to your benefits program, consider getting the help of a Professional Employer Organization, or PEO. These firms make outsourcing to qualified talent easy. If there’s one thing you want when dealing with Section 125 plans and […]
A Benefits Administration Company Can Free Up Your Time to Run Your Business
Tired of feeling like you’re always juggling? Hiring benefits administration company may be the best first task to outsource. Unless you’re an expert in benefits administration, it may be in your best interest to outsource this work to a specialized team. The risks involved in handling this accounting the wrong way can bury your business. […]
Why Benefits Administration is the Best Thing Since Sliced Bread
How to Get the Best from Benefits Administration Hiring someone to handle your benefits administration can be a common sense decision. Sharing those trusted resources with your own clients and business partners can be a no-brainer too. The easier you make their lives, the more they’ll value you. Establish great practices while you impress new […]
3 Ways Benefits Administration Can Change the Way You Feel About Flexible Spending Accounts
Establishing a flexible spending account with your benefits administration could save you money in the long run. Flexible spending accounts are an important part of many benefits administrations. This aspect of the benefits program makes it possible to fund health care expenses that aren’t covered in health plans using pretax dollars. Essentially, it’s a discount […]
How Can Benefits Administration From A PEO Help Your Business Prepare For ObamaCare?
Is your company ready for the mandated changes that will be effective January 1, 2014? The Affordable Care Act (ObamaCare) may seem simple based on the number of employees you have; however, the legislation is complex and can become complicated quickly if your company has plans for growth. Having an experienced Professional Employer Organization (PEO) […]