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Three Unexpected Benefits of Workplace Safety Programs

by Jeff CostinJune 23, 2015 8:00 AM

A safe workplace can help make for a more successful business. Not only do safety guidelines help keep your employees safe, they also save you from having to deal with costly workers’ compensation claims.

In our last blog post, we discussed the cost of employee injuries and how workplace safety programs can help keep your workers on the job and your cashflow strong. This time we focus on some unexpected benefits of safety programs.

Workplace safety programs not only make your business safer, they also help to improve employee morale and improve retention rates.

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Risk Management

Workplace Safety During National Safety Month

by Jeff CostinJune 16, 2015 8:00 AM

Workplace injuries can cause more than just physical pain. Businesses lose billions of dollars each year because of injuries, which can include costs from compensation claims and loss of productivity.

Injuries can’t always be prevented, but workplace safety programs can really limit the amount of incidents on the job. With June being National Safety Month, take a chance to learn about how much injuries can hurt your business and what you can do to help.

Workplace injuries can cost your business time and money. Contact a PEO for help.

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Risk Management

Are You Ready to Comply with the Affordable Care Act

by Andrew SzczesniakJune 4, 2015 8:00 AM

In January of this year, the Federal Government began enforcement of the Affordable Care Act (ACA) for those employers with 100 or more employees. Next year, those employers with 50 or more employees will have to begin compliance with the law as well.

In a recent article on workforce.com, HR managers in large companies talked about the difficulties in compliance when it comes to calculating hours. What was troublesome for them was people who took unpaid leave under the Family Medical Leave Act (FMLA) or Re-employment Rights Act or even jury duty and how those hours would be calculated in determining healthcare eligibility. Because of that, “60 percent of large companies with more than 1,000 employees indicated that they aren’t prepared for penalty management under the ACA.”

Every business needs to prepare for the effects of the Affordable Care Act.

Photo Credit:  “Affordable Care Act” by Michael Havens is licensed under CC BY-ND 2.0

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Human Resources

The True Cost of Employee Training Programs

by Stacey LinnJune 2, 2015 8:00 AM

According to the Association for Talent Development’s 2014 State of the Industry Report, organizations spend an average of $1,208 per employee on training and development. For companies with fewer than 500 workers, that number is even higher, coming in at $1,888 per employee.

But time is money. According to that same study, companies are spending an average of 31.5 hours per year training employees. That’s time you aren’t billing to an account or turning prospects into clients.

Learn how GMS can make human resurce functions like employee training more efficient.

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Human Resources

Are You Ready to be Unionized?

by Andrew SzczesniakMay 28, 2015 8:00 AM

Back in January, I wrote a blog post called “Are You a Union Shop? Are You Prepared to Be?” In it, I talked about how an NLRB ruling split 3-2 along party lines was making it easier for unions to unionize a place of employment.

A PEO like GMS can help your company by creating an employee handbook.

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Human Resources

Questions You Should Ask a Professional Employer Organization

by Tim AustinMay 26, 2015 8:00 AM

You have to make a lot of decisions when you own a business, and they’re not always easy. The decision to partner with a Professional Employer Organization (PEO) to manage your payroll, human resources, risk management strategies, and benefits is a perfect example of this.

Do your due diligence when selecting a PEO. Contact GMS with any questions you may have to help make your decision.

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Human Resources

Know Your Unemployment Tax Rate

by Alan AtkinsMay 21, 2015 8:00 AM

Many small business owners can tell you in a given day what they are paying for fuel in their fleet of vehicles, how much their labor costs are, what their inventory costs are, etc., etc., but most cannot tell you their Unemployment Tax Rate.

No, it's not because owners don't care about the bottom line. More likely, this is because many business owners do not understand that Unemployment Tax is an expense that can be controlled.

You can save time and money by partnering with a PEO to help manage your unemployment claims risk.

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Risk Management

Is a PEO Right For You? Risk Management Edition

by Tim AustinMay 19, 2015 8:00 AM

Whether you’re dealing with workers’ compensation or unemployment claims, risk management can be a struggle for any business. You only have a certain amount of hours and budget to handle everything that needs to get done to run a successful organization, so having to deal with potential risks can put a damper on your profitability.

Fortunately, a Professional Employer Organization (PEO) like Group Management Services (GMS) can help. Our trained professionals know human resource functions like risk management inside and out, allowing you to breathe easy and save both time and money in the process.

Here’s how.

Without effective prevention strategies, workers’ compensation and unemployment claims management can be a major burden for a business.

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Risk Management

Is a PEO Right For You?: HR Management Edition

by Tim AustinMay 12, 2015 8:00 AM

If you’re like most business owners, you probably didn’t go to school to learn the intricacies of human resource management. As a result, you’re either spending too much time on HR or too little. Neither is good for your bottom line.

Managing HR by yourself can cause big headaches. Consider a PEO instead.

I’m Spending Too Much Time on HR Management 

According to the Society for Human Resource Management (SHRM), there are 45 components to successful HR management. Forty-five!

If you’re trying to be proactive about HR management, good for you. But if you have to manage multiple vendors who are working in “silos” while trying to make sense of everything they’re doing for you, you’re probably not spending as much time as you’d like growing your business. Either that or you’re burning the midnight oil to keep up. 

Neither option seems that appealing, do they?

I’m Not Spending Enough Time on HR Management

On the other hand, if you’re not spending enough time on HR management, you’re more likely to be at risk for non-compliance fees, inefficiencies that slow down your production schedule, lower employee morale, and more. And you’re probably losing sleep at night because when it comes to HR, you don’t know what you don’t know.   

HR Management is never a problem… until there is a problem and then it’s too late.

Manage HR Functions Effectively and Efficiently With a PEO

Regardless of which path you’ve chosen when it comes to HR management, a Professional Employer Organization (PEO) can be a good fit for your business.

When you partner with a PEO, you get access to a full team of HR experts that can help you:

  • Maintain / obtain COBRA, ERISA, HIPAA, ADA, FMLA, EEOC, and DOL compliance
  • Find and recruit top talent
  • Write detailed job descriptions 
  • Develop employee handbooks
  • Set up training and rewards programs 
  • Ensure that you’re compliant for employee terminations, and more

Additionally, because PEOs can also help you with risk management, payroll administration, and employee benefit administration, you can find money-saving opportunities that would have been much more difficult to spot with siloed vendors.

Best of all, you get the final say on all decisions. PEOs just make those decisions a little easier.

Stop living in fear of HR problems and get back to growing your business. Contact GMS online or give us a call at 888-823-2084 today.

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Human Resources

Is a PEO Right For You?: Benefits Edition

by Beth KohmannApril 28, 2015 8:00 AM

Good businesses need good employees, and good employees look for good opportunities. A competitive benefits package plays a major part in attracting quality talent to your company, as well as retaining current workers. 

Employee benefit administration can be a time-consuming and costly endeavor for a small- to mid-size company, especially one that wants to offer a complex benefits package. Instead of just accepting the hassle as a necessity, you should consider the possibility of teaming up with a Professional Employer Organization (PEO) like Group Management Services (GMS) to benefit your benefits.

Employee benefits administration is yet another service provided by a PEO.

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