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Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

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What is a PEO? – Top 10 FAQs Business Owners Have About PEOs

Prism HR

It’s your responsibility to ensure your employees are paid on time, stay safe throughout the workday, and have access to benefits like workers’ compensation, health insurance, and 401k. Can I use a PEO for benefits? Employee benefits most frequently added by new PEO clients from The ROI of Using a PEO (2019) by NAPEO.

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4 PEO Services That May Surprise You

Extensis

However, PEOs provide many more human resources (HR) services than just employee benefits and payroll —some of which may surprise you. In honor of the holiday, here are four PEO services you may not know exist and how they can benefit your business. PEOs can also perform salary benchmarking and compensation analysis.

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10 Benefits of Outsourcing HR

Extensis

Accreditation from Certification Institute (CI) , signaling the company meets all industry professional risk management best practices, strives to foster safe work environments, and effectively manages workers’ compensation losses. SOC 1 Type 2 compliance , confirming commitment to service, security, and compliance.

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The Benefits of a PEO for Small Businesses

Extensis

A professional employer organization (PEO) can help by offering comprehensive HR, employee benefits, payroll, and risk and compliance solutions. In fact, using a PEO reduces HR admin spending by 27% on average and can reduce employee turnover by 10-14%. Here are the main areas where a PEO can support your small business.

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5 (Unexpected) Things You Need To Include In Your Employee Handbook

Hppy

And while you might be tempted to skip creating an employee handbook (too much work!), having one could help you reduce turnover and make happier employees. But First: Why an Employee Handbook is So Important. Your handbook sets the tone for what a new employee expects from your company. Compensation.

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Increase Engagement and Combat Quiet Quitting with this People Operations Checklist

Zenefits

Are employees quitting quietly ? Employee turnover is still high, and the pressure to improve productivity is even higher. At the same time, Gallup discovered that there are several benefits to keeping employees happy at work, including: 81% decrease in absenteeism. Could some employees benefit from mentorship?