HR NEWS
Stay up to date with current trends in Human Resources.
Differences Between an ASO and PEO Solution
PEO FOCUS • September 12, 2020
Once a business begins to expand, the owners have to find a way to manage and smoothly operate all of the processes associated with their business. If you’re a business owner, you may feel discouraged in the face of this daunting task. This task can be complicated and managing them all on your own can be time-consuming, if not impossible.
As the business owner recognizes that their company has grown too large to manage on their own, they begin to hire and outsource agencies to manage the employers and the logistics of the business.
There may even be a full-on expansion where a Human Resources (HR) department is added. In these instances, business owners no longer have to answer questions like, “does workers comp cover pain and suffering?” and can instead redirect such inquiries to an HR representative.
Eventually, outsourcing and creating a Human Resources department becomes a necessity since HR is essential to growing a business. The same goes with having to outsource agencies. The two common outsourcing alternatives that companies choose from are Professional Employer Organization (PEO) & Administrative Services Organization (ASO).
6 Advantages of a PEO during COVID-19
MILLENIUM MEDICAL SOLUTIONS • May 3, 2020
As COVID-19 unfolds, the importance of a PEO for a Small Business becomes evident. How can you protect your employees while also managing costs?
1. Rapid Law Changes
2. PEOs help with Paycheck Protection Program (PPP) loans through the CARES Act
3. Payroll Burden
4. Staffing Needs – On-Boarding and Terminations
5. HR Excellence
6. Affordable and Better Benefits
Coronavirus-related Job Postings Spiked in the Last Week—Here are the Jobs that Need to be Filled
CNBC • March 12, 2020
As the coronavirus, also known as COVID-19, continues to spread in the U.S. and globally, the number of virus-related job postings have increased in the U.S. over the past week, reports job searching site Glassdoor.
Though some industries, like traveling, have put a temporary halt on hiring, Glassdoor found that between Feb. 29 and March 7, the number of job postings in government, biotech and pharmaceuticals, health care and the nonprofit industry tripled in the U.S. as a direct response to the virus outbreak.
New Analysis Shows ROI Of Using A PEO Is 27 Percent
PR NEWSWIRE • September 17, 2019
The average client of a professional employer organization (PEO) can expect a return on investment – based on cost savings alone – of 27.2 percent, according to a new study released today by the National Association of Professional Employer Organizations (NAPEO) at its annual conference in Austin.
Conducted by noted economists Laurie Bassi and Dan McMurrer of McBassi and Associates, the study is the seventh in a series. Previous research by Bassi and McMurrer examined the benefits of using a PEO, finding increased profitability and growth, higher employee satisfaction, and lower employee turnover for companies that use a PEO.