Since its launch, the Affordable Care Act for employers (ACA) has created a great deal of confusion among small businesses that are affected by new payroll and benefit requirements. Yet, healthcare reform is long overdue for a medical system that’s been crying out for improvements for many years. The most affected sector of the Affordable...
Around the United States, payroll departments and professional employer organizations (PEOs) have begun receiving notification that state minimum wages are changing for 2014. This means PEOs are already updating their systems to reflect this change, as a convenience to the businesses they serve. While the federal minimum wage information, provided by the US Department of Labor...
Small businesses may improve workplace efficiency, safety and management through the outsourcing of payroll services. Depending on the services needed, a small business can choose between a payroll company and PEO (professional employer organization). However, payroll companies and PEOs allow small businesses to operate in different capacities, so it's necessary...
Outsourcing your payroll is more than just a contracted method of managing your company’s paychecks. From saving time to financial budgeting, the advantages of an outsourced payroll solution can help small businesses get on the right track for better management. Even if you think you can handle your payroll taxes...
In today’s business world, companies are outsourcing their payroll and associated administrative tasks to PEO organizations that specialize in these time-consuming and complicated processes. With the increasing complexity of these functions, many small business owners see the obvious benefit of allowing a specialty organization handle this area of their business....
It’s officially called the Affordable Care Act, but most business owners know the new health care reform laws better as ObamaCare. There are somewhere in the neighborhood of 30,000 pages of regulations associated with this new statute, and different parts of it are slated to become active every few months through...
Many business owners process their own payroll and think they are too small to use a payroll service. When does it make sense to outsource the task of processing payroll? Here are the top 5 reasons businesses outsource their payroll processing. Save Time – It is typically more efficient to outsource payroll processing...
In today’s uncertain business climate, lawsuits are a reality and are increasing. The risks to small businesses that do not have an internal Human Resources (HR) department are even greater. One nuisance lawsuit from a disgruntled employee can put your entire business at risk, or at least slow down your...
