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When is the Right Time to Start Working with a PEO?
Most of the time, entrepreneurs get into business because they have a unique idea, service, or product to offer. What they don’t usually get into business to do is the inevitable Human Resource (HR) administration that comes with running a company. Sometimes, when we encounter areas outside our expertise, we don’t even know what questions…
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Top 5 Compliance Concerns for Remote Employees
Flexibility is critical to an organization’s success. This includes how and where employees work. After you’ve determined which roles are eligible for flexible work arrangements, consider the impact of federal, state, and local laws to protect your company against litigation or fines. We’ve put together a remote employee compliance checklist. Wages and hours The Fair…
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Why Would a CPA Recommend a PEO?
The primary focus of a certified public accountant (CPA) is money management. From auditing finances to overseeing the budget and financial planning, CPAs help their clients manage and save money. When looking at income and expense reports, health benefits are one of the largest expenses after payroll. As health insurance premiums continue to escalate, clients…
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FLSA Overtime Regulations Every Employer Should Know
How to Comply with FLSA Overtime Regulations As an employer, you’ve certainly heard of the Fair Labor Standards Act (FLSA). This regulation sets working standards that affect eligible employees, including: Overtime Minimum wage Recordkeeping Child labor Nursing mothers It’s vital to understand FLSA overtime regulations and other requirements and whether you are compliant. Let’s explore…
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4 Advantages Employers Gain While Offering a 401k Plan
A 401k plan is an employer-sponsored retirement plan into which an employee may contribute a portion of their salary before paying taxes. Retirement plans are now among the most desired benefits for employees. In fact, 62% of candidates surveyed by Accenture said that they are more likely to accept a job offer if a company…
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Ideas to Make Your Job More Fulfilling Before Quitting
There’s no such thing as the perfect job. No matter how much you love what you do, every job has its ups and downs. You may wish to call it quits if you’ve been experiencing too many downs lately. Perhaps you’re bored or disappointed. Maybe you’ve had too many long hours, a lot of pressure…
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5 Popular PTO Trends
PTO, or paid time off, is any time during regularly scheduled work hours that an employee is permitted not to work yet still receives pay. Essentially, it is time you pay your employees not to work. While it may seem odd phrased that way, PTO is a valuable benefit for both employees and companies alike.…
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Why employers should be invested in employee mental health and wellbeing
The statistics on mental health are staggering. A study by The Lancet predicts that mental disorders will cost the global economy $16 trillion in lost productivity by 2030. The study also forecasts 12 billion working days lost due to mental illness every year. Depression alone costs U.S. employers $44 billion per year in lost productivity.…
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Upskilling and reskilling programs benefit organizations and their employees
According to a report by McKinsey & Co., 87% of executives said they were experiencing skills gaps or expect to experience them in the near future. Therefore, upskilling and reskilling your workforce has never been so important. It is essential for building a more agile organization that can quickly adapt to market changes. The terms…
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7 Advantages of Using an Electronic Onboarding System
Onboarding is the process of familiarizing new employees with your company’s culture, policies, and procedures that will set them up for success in their new role. A robust onboarding process is vital for employees to obtain the necessary skills and knowledge to become effective members of your organization. There are many components to onboarding, and…
Tag: Tandem HR
