Posts from the General Category
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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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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$500 for your referrals
Posted by Kristian Svindland on February 26th, 2010
HROplus has had another banner year in 2009. Now we want to share our good fortune, and increase our client base.
Here is how you can help us and collect a little coin…
http://www.hroplus.com/referral.php
Best,
Kristian and Jeff
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Firing someone the right way
Posted by Kristian Svindland on January 15th, 2010
Here is a good article that highlights the proper way a company should let go of an unsatisfactory employee. It focuses on one of our solution providers, TriNet, but all of our solutions, whether it be PEO, ASO or other HR outsourcing, have the expertise to properly handle this situation.
http://www.forbes.com/2010/01/14/firing-george-clooney-entrepreneurs-human-relations-goldfield.html
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What happens when my HR outsourcing provider gets bought?
Posted by Kristian Svindland on November 17th, 2009
HR outsourcing solution providers (PEO, ASO, HRIS, payroll) are no different from other business entities. Acquisitions happen. So what are you to do when this happens?
First question is…who is buying who? I would be more leery of your provider being bought, then the other way around.
If your provider is the smaller fish…then maybe it is time to re-assess your HR outsourcing needs and solicit quotes from other providers. Your current provider may say all the right things about how their current portfolio is going to be unaffected…and a “smooth transition” is expected. But after having lived through various b2b acquisitions, there is never a clean transition.
So, re-assess…the door has been opened for you to see what is out there. Maybe an upgrade to a PEO or ASO solution is right for you. Change is inevitable, and often makes your business that much more efficient in the long run.
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PEO v. HRIS
Posted by Kristian Svindland on November 17th, 2009
Found a great (older) article on HR outsourcing…basically, it indicates that smaller businesses are better off going with an HR outsourcing model, such as PEO or ASO, which offers a free HRIS, then buying their own and piece-mealing it all together.
Here is the link…
http://www.inc.com/criticalnews/articles/200503/hroutsourcing.html
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PEO’s for startups
Posted by Kristian Svindland on November 13th, 2009
We come across startup companies all the time and have found that the PEO relationship is the best solution, as it allows the business owners to focus on their core business and let the PEO do its human resources thing. The time and money saved with a PEO can make or break a startup.
Consider this…if you are a startup, or consulting to a startup company, then the best way to insure success is to focus on your core competencies, and not HR. Your PEO will handle most functions…with the main exception of deciding upon your staff. Otherwise, payroll, benefits (including health, dental, vision, 401k, and various supplementary insurances), workers compensation and risk management, payroll taxes, etc. are all responsibilities that are passed along to the PEO. Imagine the time savings!
In order to obtain a quote from a PEO for services, a startup will need to supply some basic projections on head count and gross payroll, as well as job risk description, so the PEO can place the employees in the proper workers compensation code. The PEO will do its due diligence and research the background of the principles of the startup, but that’s about it.
If you are a startup, and are looking towards outsourcing your HR, then PEO may be for you.
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How the economy has helped PEO
Posted by Kristian Svindland on October 20th, 2009
Good article this week in NJbiz.com, here’s the link.
http://www.njbiz.com/weekly_article.asp?aID=79532
We have seen it both ways. Company’s cutting jobs and/or limiting hours of employees, however, more companies are now looking at PEO as a way to save a big amount of money on labor costs. PEO allow businesses of all sizes to cut down in their labor costs by downsizing a department, human resources, that is a non-revenue generating cost center within the business.
Not too mention that PEO allows also for companies to save thousands annually in health insurance premiums and workers comp premiums.
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Safety program saves thousands
Posted by Kristian Svindland on September 25th, 2009
Just got off the phone with a client that we set up with a PEO in the midwest. They could not be happier with the safety program that was implemented.
They have been with the PEO for a little over a year now and estimate that their 37-man company has saved them more than $20,000 in the past year in comp premiums. In addition, due the to safety plan that was implemented, they will likely save another $25,000 – $30,000 in the coming 12 months.
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Timing is everything for HR outsourcing…
Posted by Kristian Svindland on August 21st, 2009
…and yet it is nothing.
For a company to consider some HR outsourcing solutions, such as PEO (professional employer organization) or ASO (administrative services organization), there is often a breakdown within the organization from a human resources or benefits cost or risk management standpoint.
The right HR outsourcing solution can help a company weather these storms, or avoid them all together. There is often a cost, of course, but it is cheaper before than after the storm has hit.
Sometimes
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