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9 Questions to Ask Before Partnering With a PEO

Tandem HR

Partnering with a Professional Employer Organization or PEO for HR solutions will save you hours of human resource administration. Because you are sharing resources with other small and mid-sized companies, a PEO can be an affordable solution. Finding the perfect PEO may seem like a daunting task.

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Internal Revenue Service released the 2018 annual contribution limits

Tandem HR

The Internal Revenue Service released the 2018 annual contribution limits related to Flexible Spending Accounts (FSA), Health Savings Accounts (HSA) and all Qualified Retirement Plans. Qualified Retirement Plans. Medical reimbursement. Dependent care. 260 per month. 255 per month. 260 per month. 255 per month. Individual.

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Why Chicago Insurance Brokers Love Partnering with Tandem HR

Tandem HR

The PEO industry has witnessed significant changes that may result in your clients exploring PEOs as an option for HR support and administration. As they grow, they will need more and more support in the areas of payroll, employee relations, compliance, onboarding and termination processes, retirement and much more.

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7 surprising ways an EAP promotes work-life balance

Insperity

Making a smooth transition to retirement. Employees nearing the end of their careers can use an EAP to help make their transition to retirement a smooth one. EAPs can provide them with information about how to sign up and access Medicare, how to manage expenses, estate planning, and selecting retirement communities.

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5 Ways to Ease Open Enrollment Stress for Employees

HR Daily Advisor

From there, create goals related to the problem spots: Get X% of employees saving for retirement, or engage X% of employees in the open enrollment information session—and then set up a communications strategy accordingly. The 2018 amounts have not yet been published, but for 2017, the penalty is 2.5 Update Your HR Technology.

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What is a total compensation statement & how does it provide value?

Genesis HR Solutions

This includes gross wages and extra financial compensation, such as bonuses or commissions, as well as the employer-paid portion of retirement plan contributions, insurance premiums, and paid time off benefits. Retirement plan contributions (401k). Unemployment tax. Workers’ Compensation insurance. Indirect Compensation: Benefits.

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PEO: The Ultimate Guide (Everything You Need To Know)

Genesis HR Solutions

Get ready: You’re about to read the ultimate guide to professional employer organizations, also known as PEOs. In it, you’ll find out everything you need to know about PEOs; we also dispel some myths you may have heard that were possibly holding you back from working with one. This article covers: What is a PEO? What is a PEO?