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How Will Expansion of Overtime Eligibility Impact Small Business?

by Andrew SzczesniakMarch 26, 2014 10:47 AM

According to a recent article in Bloomberg’s Business News, HR departments are going to become increasingly busy over the next 12 to 18 months.  Why?  Because of a recent memorandum that was issued by the White House to the Department of Labor to “modernize and streamline overtime regulations and make more workers eligible under federal law.”

Burning the midnight oil might be more valuable for salaried employees in the near future.

Burning the midnight oil might be more valuable for exempt employees in the near future.

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Benefits | Payroll

How to Protect Your Business From Unemployment Claims

by Tim AustinMarch 19, 2014 8:20 AM

True or false: You can’t do anything to manage your company’s unemployment tax rates?

If you answered true, you answered incorrectly. But take heart because:

  1. Many other business owners would have also answered “true”
  2. There is actually a lot you can do to manage unemployment tax rates
Don’t hope for the best when it comes to unemployment claims. Do something to protect your business by working with a PEO today.

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Risk Management

How to Effectively Manage PTO

by Andrew SzczesniakMarch 13, 2014 8:49 AM

Ahhhh---feel the ocean breeze blowing through your hair, your toes digging into the sand, and the cool drink in your hand. Your computer is nowhere in sight. That’s right, you’re on vacation!

As an employee, taking time off is important. It keeps you focused, gives you a break and lets you spend some quality time with your family or friends. As a company, administering a paid time off (PTO) policy is also important, and much less relaxing than taking the time off. 

With traditional PTO and sick time plans, your company is trying define and limit the liability of paying an employee for time they didn’t work. Sounds simple. 

But how do you keep track of it all? Without a streamlined system it can be easy to miscalculate PTO for your employees. Miscalculations mean lost money for your company. According to a 2010 survey by Kronos conducted with Mercer, poorly planned absences cost U.S. organizations over 8% of their payroll each year.

GMS PEO services can help effectively manage PTO for your compnay company. Go ahead, take a vacation! “Walking in sugary white sand on #AmericasBestBeaches” by Visit St.Pete/Clearwater is licensed under CC BY 2.0

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Benefits | Human Resources

4 Affordable, Practical Benefits that Will Help Attract the Best Employees

by Tim AustinMarch 10, 2014 10:00 AM

What would you say if a prospective employer offered you perks like free catered meals, free fitness classes, tuition reimbursement, unlimited vacation days, and-- for the expectant parents out there-- four months of paid parental leave? 

You might be tempted to rip the contract out of his or her hand and sign it on the spot—right?

Well, we didn’t make those up. Practical benefits like these are real, and some are being implemented at companies that constantly rank at the top of employee satisfaction lists.

 

Pet friendly workplaces have lower stress, encouage longer hours, and build office camraderie. Photo of dog in office. “Office dog” by seanhagen is licensed under CC BY 2.0

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Benefits

Protect Yourself From Workers’ Compensation Claims

by Tim AustinMarch 6, 2014 8:25 AM

There are a lot of factors that go into determining what your business’s workers’ compensation rates will be. But the simple truth is this: the more claims your employees file, the higher your rate will be.

Fortunately, there are two strategies you can follow that will limit the amount of time and money you spend dealing with workers’ compensation claims.

 Protect yourself from worker’s compensation issues with Group Management Services.

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Risk Management

Surprising Things a Background Check Can’t Tell You About a Candidate

by Andrew SzczesniakMarch 4, 2014 3:42 PM

You’re looking to hire a new candidate or thinking about promoting an employee from within your company.

But before you take a step further you want to run a background check. What are the legal requirements and information you need to be aware of as an employer before you start this process? We do our best to give you an overview on the process below.

Information requested for a background check depends on the employer and the job involved. For some jobs, a state or federal law requires the employer to conduct a background check. Working with children, the elderly, or people with disabilities are examples of jobs that require a criminal background check. 

 

What a background check cannot tell you. Group Management Services, a PEO, manages background checks for clients. Image of magnifying glass and document. “day 307” by Mark Tighe is licensed under CC BY 2.0

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Risk Management

What Happens With a Major Claim on Self-insurance Plans

by Tim AustinMarch 4, 2014 1:25 PM

Imagine you’re the CEO of a company with 49 employees. You’re currently covered through a fully insured health plan, but are considering switching to a self-insured group plan due to the potential premium increases resulting from the Affordable Care Act.  

All of the companies you know with self-funded plans are larger companies (250+employees), so you aren’t sure if this is the right solution for you. You’re also concerned that since you would pay self-insurance claims directly, your company could be liable for a major claim if an employee has a serious health issue. 

What do you think - what would you do in this situation? Before you make a decision, consider the following key points. 

What happens when you have a major claim on a self-insured policy?

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Benefits | Third Party Administration

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