Archive for March, 2010
How will ObamaCare effect small (less than 100 employee) businesses?
Posted by Kristian Svindland on March 24th, 2010
Here is a good article that starts the dialogue. Be ware that there is still a lot of time, and possible amendments to the plan, before any of this takes place. We are still unsure of how it will effect PEO’s as not definitive costs of plans have been discussed.
http://www.dcemploymentlawupdate.com/admin/trackback/192206
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Article on the cost of payroll-only services
Posted by Kristian Svindland on March 23rd, 2010
This is a pretty concise overview on the cost of payroll services for small businesses.
Of course, if you bundle in additional HR services like software, benefits, compliance and workers comp, there are greater savings to be seen. That is why for small businesses, we recommend PEO and other total HR outsourcing solutions to gain economies of scale so the payroll is basically free.
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The most expensive way to do payroll…through your accountant
Posted by Kristian Svindland on March 17th, 2010
I always get a chuckle out of small business owners who will not make a change to PEO or other HR outsourcing solutions because they say that their accountant does their payroll and they are the only ones they trust to do it.
News Flash: Most accountants don’t do the payroll themselves. They farm it out to a clerk in their office…or more often they have ADP or Paychex do it, then pass if off as their own work and up-charge their clients for their “expertise.”
So, instead of saving money using PEO, a small business is paying, on average, $100/hour to their account for a service that only costs $100 per employee per year to do.
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How to manage unemployment claims…from BusinessWeek
Posted by Kristian Svindland on March 1st, 2010
Here is a few good pointers from one of the leading HR outsourcing providers in the country…outlined in BusinessWeek online.
http://www.businessweek.com/smallbiz/tips/archives/2010/02/manage_your_ris.html
An easier, more cost-effective way to handle unemployment claims and keeping your unemployment rate down is to hire a PEO, but you already knew that.
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