Small businesses that use professional employer organizations (PEOs) have an employment growth rate that is nearly 10 percent higher than small businesses that don't use PEOs, according to a new study released today by the National Association of Professional Employer Organizations (NAPEO) at its annual conference in San Antonio. The study, by economists Laurie Bassi and Dan McMurrer, also showed that PEOs are able to provide a broad array of HR services at a lower cost, saving their small business clients at least 21 percent on HR administration.
Some employers face a July 31 deadline to pay a new fee required under the Affordable Care Act. The fee must be paid by employers who sponsor self-insured health plans, including health reimbursement arrangements and flexible spending arrangements. The new requirement may take some employers by surprise -- and, of course, there are penalties for failing to comply. This article explains what the federal government will use the money for and which employers must pay it.
Tuesday, July 2nd the Administration announced that it will provide an additional year before the ACA mandatory employer and insurer reporting requirement begin. It is important to note that no other portion of the ACA is being delayed by this announcement.
Even in a slow economy employers need to consider the touchy issue of raises -- and possibly bonuses -- to keep their best talent onboard. Having a compensation strategy is important regardless of economic times, but even more so when finances are lean. Find out how compensation professionals view the process of giving raises for the purpose of maximizing productivity and motivation. The right strategy can and should pay off handsomely for employees and employer alike. Read Full Article
It starts with a cough.
As the summer months pass by and thoughts turn to cooler days, some individuals in the office may be focused on the upcoming birth of a child.
Poor communication is typically at the heart of most workplace quandaries.
The time comes for your business to expand and add staff.
Recently The Centers for Medicare and Medicaid Services (CMS) released their latest estimates of national healthcare spending over the past few years — and they seem to provide some rare good news. Researchers determined that total U.S. health costs increased 3.8 percent in 2009 and 3.9 percent in 2010 — the slowest annual growth rates in 50 years.