Blog

How Marijuana Legalization in Nevada Affects Business Owners

by Melissa ScaglioneJuly 18, 2017 8:00 AM

Have you ever heard the expression “what happens in Vegas, stays in Vegas?” Unfortunately, that might not always be true. 

In the past year, recreational marijuana became legalized in the great state of Nevada. If you smoke weed and then get drug tested at work the next day, what happened in Vegas may come back to haunt you.

Image of medical marijuana laws.

More...

Tags:

Risk Management

How Can a PEO Increase Retention Rates?

by Tim AustinJuly 11, 2017 8:00 AM

Employee retention is a significant area of focus for most  business owners. According to talent management and HR site ERE Media, “78 percent of business leaders rank employee retention as important or urgent,” showing that the average owner wants to avoid losing good talent. 

There are many reasons why an unexpected departure can prove problematic for employers. It can disrupt workflow. It can have a negative impact on chemistry. Also, it can cost up to 50 percent of an entry-level employee’s annual salary to find someone to replace your outgoing employee. That’s a pricey goodbye.

Retention is a big issue that many employers want to   address before their company turns into a revolving door for talent. Fortunately, Professional Employer Organizations can  help your business improve employee retention. Here’s how.

Image of happy employees due to employee retention strategies from a PEO.

More...

Tags: , ,

Human Resources

Why Have I Never Heard of the Professional Employer Organization Industry?

by Dan FlanaganJune 27, 2017 8:00 AM

For an industry that serves over 2.5 million people, Professional Employer Organizations can still be a bit of a mystery for the average business owner. The industry has helped businesses manage important HR functions for decades, but one of the most common questions owners ask is “Why have I never heard of PEOs before?”

There are a few reasons for this, starting with the fact that there’s no simple, one-sentence explanation for what PEOs do.

Image of a business owner learning about what a PEO is.

More...

Tags:

Human Resources

Why Do I Need HR for a Five-employee Company?

by Dan FlanaganJune 20, 2017 8:00 AM

If you own a small, five-person company, it might be tempting to think that you don’t need to invest any time or money into human resource functions like a big business. That’s a bad idea.

Every company needs HR, regardless of size. Just like how you don’t build a house without a proper foundation, a small business – or any business – needs to create a solid human resource foundation to succeed.

Image of a small business using a PEO for HR management.

More...

Tags: ,

Human Resources

Importance of Proper Employee Classification

by Tim AustinJune 13, 2017 8:00 AM

There are several employee work classifications covering everyone from full-time workers to special classes such as interns. Each person needs to be sorted into their appropriate groups to help determine their benefit eligibility.

However, there are occasions where employees can be incorrectly classified. The government takes this issue very seriously. The Society for Human Resource Management writes that proper employee classification “make[s] sure that all legal requirements are maintained so that there is no discrimination in terms of benefit plan eligibility and payment of compensation in accordance with federal and state laws.” It’s important to know how misclassification works and just how much it can hurt your business.

Image of warehouse workers. Learn about the dangers of employee misclassification.

More...

Tags: , ,

Risk Management

GMS’ Stacey Larotonda Honored as a Patriotic Employer by the Employer Support of the Guard and Reserve

by Matt SchoolcraftJune 6, 2017 8:00 AM

Group Management Services was recently honored as a Patriotic Employer through the Employer Support of the Guard and Reserve. Stacey Larotonda (VP Client Services) was nominated by GMS Account Manager, Lauren Handley, Petty Officer First Class in the Navy (E-6), who is currently serving an 8-month tour in Afghanistan. 

Retired USAF Lieutenant, Colonel Chaker Fadel, serves as the Employer Outreach Coordinator for the ESGR. Fadel presented Larotonda with the award on April, 21 2017, which is given to an employer who has shown exceptional support of The National Guard and Reserves. 

Image of Stacey Larotonda receiving her Patriotic Employer award from retired USAF Lieutenant, Colonel Chaker Fadel.

More...

Tags: ,

GMS News

Are the ACA Exchanges Collapsing?

by Andrew SzczesniakJune 4, 2017 8:00 AM

When the Affordable Care Act passed in late 2010, one of the major tenets of the plan was the creation of healthcare exchanges in every state. These exchanges would be state-run with federal seed money used to create them. People who didn’t have coverage or had unaffordable coverage through their employers would be able to buy subsidized plans at a comparatively low cost.

The exchanges began with the implementation of the ACA in 2014. Of the 50 states, 23 of them were run by the federal government. In late 2015, it was reported that 12 of the 23 federally-run state exchanges were shutting down due to unsustainable losses. In some areas, things have gotten worse.

Image of healthcare exchanges. Learn about self-insured health care plans.

More...

Tags: ,

Third Party Administration

How PEOs Can Help Small Businesses Use Economy of Scale to Benefit Their 401(k) Plans

by Tom SmithMay 30, 2017 8:00 AM

It can be very difficult for small business owners to compete with big companies when it comes to 401(k) plans. Due to their size, large corporations can use economy of scale to their advantage and offer attractive retirement plans that are more affordable due to the size of their employee base. 

Small business owners don’t have hundreds of employees to their name, but that doesn’t mean that they can’t have access to economies of scale through other resources. 

Image of a smal business 401(k) plan

More...

Tags: ,

Benefits

Where Do You Find Quality Talent for Hiring?

by Tim AustinMay 23, 2017 8:00 AM

If you think it’s hard to find good talent these days, you’re not alone. The Society for Human Resource Management conducted a survey of more than 3,300 HR professionals and found that “more than two-thirds of surveyed organizations hiring full-time staff indicate[d] they are having a difficult time recruiting for job openings.”

Thanks to a combination of factors, hiring employees that truly fit your requirements can be a tricky process. SHRM’s Jennifer Schramm cites “a low number of applicants, lack of needed work experience among those that do apply, competition from other employers, and a lack of technical skills among job applicants” as obstacles that employers face these days.

When it comes to finding the right applicant for the job, it’s important to know where to look. Here's where you should consider looking to find the quality talent your business needs to grow.

Image of employee recruiting for businesses.

More...

Tags: ,

Human Resources

How Extra Mutualized Rate Impact Ohio Business’ Unemployment Taxes

by JP KraftMay 16, 2017 8:00 AM

Every few years, Ohio business owners may notice unexpected increases in their unemployment insurance rates. At first, they may think that this is an error, but it’s actually part of regularly-scheduled increases called mutualized rates that apply to businesses across the state.

If you’re one of those Ohio business owners, you probably have a few questions, such as “what is a mutualized rate” and “why is Ohio charging me extra every few years?” Those are both very valid questions, so here’s a quick rundown on extra mutualized rates in the Buckeye State.

Image of an Ohio business owner dealing with extra mutualized rates for unemployment taxes.

More...

Tags:

Risk Management

Back to Top
Contact Us