PEO
October 25, 2021
Large and small businesses alike are receiving their employee health plan renewals this month. Costs rise each year, and 2021 is seeing a 9-12% increase range across the board. Open enrollment is a time for reevaluation for both you and your employees. If you are looking to offer a different solution for health benefits, a Professional Employer Organization, or PEO, may be your best option. What is a PEO? A PEO offers a co-employment model for its members, allowing employers […]
March 17, 2021
Many BAGI members come to us when they feel they can begin offering employee health insurance. Carl McIntyre of Carrington Homes reached out in 2019 for two reasons: “To attract and retain good employees, you have to offer a competitive package that includes health insurance. And I wanted good health insurance for myself and my family.” Carrington Homes has been around since 1992 and now has 16 employees. We took him through the many options available through his BAGI membership, […]
August 19, 2020
Professional Employer Organizations, or PEOs, have traditionally been driven by group health insurance. Their co-employee model allows small to mid-size businesses to tap into employee benefit packages typically offered by large organizations. However, the coronavirus pandemic has brought into focus the additional value PEOs bring to their members – human resources expertise and payroll services. PEOs offer Pandemic- Related HR Policies Few organizations anticipated needing to completely shift their business model in a matter of days. Policies and procedures covering […]
July 8, 2020
Like the rest of the country, Hoosier businesses are struggling to balance the increased costs of providing employee health benefits with maintaining a strong bottom line. One Indiana small business looked to another Indiana business, WorkSmart Systems, for a cost-effective and streamlined solution and found what they were looking for. A manufacturing and installation organization with 15 employees, this company has been committed to attracting and maintaining its workforce by providing employee benefits. However, with the double-digit premium rate increases, […]
June 11, 2020
If you are an employer looking to streamline your HR activities, a robust cloud-based HRIS (Human Resource Information System) is your best option. A centralized, easy to use and well-supported system will allow you to focus your energy on more important aspects of your business. Benefits of a Cloud-Based HRIS: 1) HR Management in One Place – There is no need to manage your employment functions across multiple websites, log-ins and vendors. From initial job postings to separation procedures, every […]
May 13, 2020
Being an employer means you will have the occasional employee who requires disciplinary action or even termination. You can make that difficult situation a bit easier by preparing ahead of time, understanding how you will address the situation when it occurs. Best Practices for an Employee Discipline and Termination Process Outline Disciplinary Procedures in Your Employee Handbook Having an employee handbook that clearly outlines how disciplinary issues will be handled sets expectations for all employees. And, taking the time to […]
April 15, 2020
In these days of increasing regulation and reporting, having employees has become more complicated. Payroll has moved beyond tracking taxes and vacation, with new federal requirements for overtime designation and health insurance reporting coming into effect over the past few years. Businesses without large human resource departments find it difficult to stay on top of the complexities of managing a workforce. Where companies are experts in what they do, professional employer organizations, or PEOs, are experts in HR administration. Partnering […]
March 11, 2020
Organizations have to consider the role of social media not only in their marketing efforts but also in their employees’ activities. Creating policies addressing time spent on Facebook, Instagram, LinkedIn and the like at the office must be weighed carefully. Limiting employee access to digital communication tools can impede how they do their job or diminish morale. If it appears that no one in the office is abusing the privilege or is not communicating in a way detrimental to the […]
February 18, 2020
Human Resources Information System, or HRIS, are centralized computer programs to manage the processes associated with having employees. While they have been around for a long time, the introduction of cloud-based HRIS systems has made them even more powerful. Employers who have not used this new technology may not be fully aware of what these updated programs are capable of, particularly in terms of efficiency, trackability and compliance. At WorkSmart Systems, our newly launched cloud-based HRIS offers a great deal […]
January 29, 2020
In recent years regulations for the workplace have increased rapidly, making the job of administrating human resources complex and time-consuming. Organizations can become bogged down in the ocean of employment rules and policies, losing time and money in the effort to keep up with compliance. And, the consequences for falling behind have become steeper with the increase in fines. In search of a cost-effective solution, some companies have turned to outsourcing HR services from Professional Employer Organizations or PEOs. PEOs […]
November 20, 2019
Renewal season is coming soon for most companies that offer employee health benefits. As the costs of offering health care have continued to rise, this time of year can come with hard choices. Some businesses have considered abandoning offering health benefits but continue to hang on regardless of their bottom line. Others have chosen to eliminate their plans, increasing employee pay instead to help them afford their own insurance. However, those employers are now returning to their previous ways. Why […]
September 18, 2019
As a business owner, you have many options for managing your payroll. However, there are key advantages to using Professional Employer Organizations, or PEOs, over other types of service providers: 1) The Value of Co-Employment Contracting with a PEO like WorkSmart Systems means you enter into a co-employment agreement. By grouping together all of the employees they serve, WorkSmart is able to offer you the benefits of economies of scale. These benefits go beyond cost-savings. You also gain the service, […]