Managing risk involves dealing with uncertainty, reducing the possibility that things will go wrong, and protecting against hazards. Risk is best managed not by chance, a roll of the dice, but by a well-thought-out strategy and a methodical approach. The PEO’s strategy and approach helps lessen threats, many of which are beyond the PEO’s control.
Last year, I penned several articles for PEO Insider® discussing powerful ways to explain how we help clients. Those articles offered a simplified value proposition: We solve problems in the areas of human resources, workers’ compensation, risk management, employee benefits, and payroll.
Federal legislation consisting of 11,000 pages of regulations introduces a certain degree of technical challenge. However, when you factor in the PEO/client relationship, the degree of complexity increases exponentially.
At the risk of offending some, this is a “Risk Management Article for Dummies.” In other words, this is an article written for PEO owners and managers rather than risk management professionals.
As a new year begins for employers across the nation, we think it’s timely to take a look at several changes made to state PEO statutes that impact how PEOs are required to report their clients’ SUTA.
On February 10, 2014, the U.S. Treasury Department issued final regulations for the employer shared responsibility requirements, or the “pay or play” rules, under Section 4980H of the IRS Code.
Winning an Olympic Games gold medal is one of the greatest moments in an athlete’s career—requiring dedication and total effort.
The PEO Employment Index has increased consistently since 2009, forming a very substantial long-term trend. It is once again correlating with GDP as measured in dollars.
By the early 1980s, there were quite a few “staff leasing” companies in California, and a smattering in a few other states. Most of these companies targeted companies with high-income professionals and marketed “leasing your employees” as a way to save money on your pension plan.
On February 26, 2014, House Ways and Means Committee Chairman Dave Camp (R-MI) introduced a discussion draft of tax reform legislation, which included the top legislative priority of NAPEO—H.R. 3581, the Small Business Efficiency Act (SBEA).
Although the true dynamics (and impact) of the Affordable Care Act (ACA) will take years to unfold, last week marked an extremely important milestone in the implementation of the law.
Q. A client would like to transfer an employee who has filed a harassment complaint with the state equivalent of the EEOC to another unit. Is that a problem? A. Potentially yes
February found me—in the course of a few days—in two states with big PEO footprints: Florida and Texas. I traveled to Florida for the annual FAPEO meeting and legislative day.
Rumors that the Internal Revenue Service was going to push for legislation that would shut down the tax advantages of staff leasing provided the setting for the creation of the National Staff Leasing Association in November 1984.