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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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Benefits

Is a PEO Right For You?: Payroll Edition

by Pam RamacciatoApril 21, 2015 8:00 AM

It’s always good to research your options before making a business decision. The questions may differ depending on the industry your company is in, but payroll plays a factor in every business, and it sure isn’t cheap. 

Statistics show that it costs small- to mid-size companies an average of $2,000 per employee per year to handle payroll. Even if you’re a small- or mid-size company, a Professional Employer Organization like Group Management Services may be a good fit to help streamline your payroll needs.

Of course, working with a PEO is a big decision, so you’ll want to find out what they can offer your business. Here are some ways to find out if a PEO is good fit to handle your payroll.

Payroll services from a professional employment organization.

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Payroll

Gift Ideas for Administrative Professionals’ Day

by Tim AustinApril 14, 2015 8:00 AM

Administrative professionals in a wide variety of industries work long and hard to make sure that their office provides the proper support it needs to succeed. Given their contributions to an organization’s wellbeing, it’s only appropriate that you show your appreciation for these important employees. 

Conveniently enough, April 22 marks Administrative Professionals’ Day in the U.S., giving employers a chance to reward the office administrators, secretaries, and every other person in a position that helps to hold the office together.

Photo Credit: "Gift Basket” by Calvert Café & Catering is licensed under CC BY 2.0

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Grab Bag

Supreme Court Rules on Pregnancy Discrimination

by Andrew SzczesniakApril 7, 2015 8:00 AM

A few months ago, I wrote an article about pregnancy discrimination in the workplace. Specifically, I wrote about how the EEOC ruled in favor of government regulations treating an employee’s pregnancy no differently than it treats a worker’s comp injury.

Well, the Supreme Court recently weighed in on this topic in a case between UPS and former employee Peggy Young.

How the Supreme Court's ruling on pregnancy discrimination affects human resources.

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Human Resources

NLRB looking to expand NLRA

by Andrew SzczesniakMarch 31, 2015 8:00 AM

Wow, that’s a lot of letters. What does this all mean?

Over the last several years, the National Labor Relations Board (NLRB) has been contending that their reach expands beyond unionized workers. On March 18th, the NLRB General Counsel, Richard Griffin, released a 30-page report providing guidance to attorneys and HR professionals on what he believes is not a legal rule for an employee handbook under the National Labor Relations Act (NLRA).  

In short, Mr. Griffin’s report proposes major changes under which the NLRB believes it can apply its rules.

NLRB loosk to expand NLRA and what it might mean

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Human Resources

How PEOs Improve Cashflow: Part 5

by Tim AustinMarch 17, 2015 8:00 AM

Human resources is a very important part of any business, but it can take a lot of time and money to properly manage. Even then, there are cashflow hurdles that you may come across simply because you aren’t an HR professional with all of the proper tools of the trade.

A Professional Employment Organization (PEO) like GMS can get over those hurdles because HR is what we do. We’ve already discussed how a PEO can improve your cashflow through loss prevention, cost containment, payroll, and unemployment claims management strategies, but there’s another major factor as to how we can save you money: economy of scale.

PEOs make your business stronger through economies of scale.

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Human Resources | Risk Management

How PEOs Improve Cashflow: Part 4

by Tim AustinMarch 10, 2015 8:00 AM

The unemployment process isn’t an easy one, both for the former employee and the employer. While many small- and medium-sized companies view unemployment as an unmanageable major expense, there are ways that you can save money so that the process isn’t as much of a threat to your company’s cashflow.

Professional Employment Organizations (PEO) can protect your business from unemployment claims, while helping your business’ bottom line, allowing you to focus on the future without being held back by the past.

Work with a PEO to help your bottom line when it comes to the unemployment claims management.

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Risk Management

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