Small businesses in all industries face the potential of lawsuits. These disputes can require substantial money, time and effort, and they can damage a company’s reputation, regardless of the case’s merits or outcome. Considering these ramifications, it is vital for business leaders to take steps...
The construction industry is continuously moving toward digitization, adopting advanced technology such as artificial intelligence, the Internet of Things (IoT) and Building Information Modeling software. These innovations help to automate tasks, reduce waste and improve efficiency, productivity and safety. However, this shift also brings significant...
A safety committee is crucial for creating and maintaining a safe workplace culture. These committees bring together employees, management and safety professionals to proactively address workplace hazards. There are several organizational benefits to implementing a safety committee. They can provide a safer work environment, increase employee...
As election time approaches, employers can prepare for employees to request time off to vote. Although federal law does not require employers to provide employees with time off for voting, legal obligations may vary by locality. As of 2024, over half of U.S. states and...
A growing number of states have established state-facilitated retirement savings programs to help their constituents save for retirement. Most of the programs share common features, such as requiring employers who do not offer their own retirement plans to enroll their employees into these state-run programs...
Health Reimbursement Arrangements (HRAs) are becoming a popular option for some small businesses as they can help them provide health benefit flexibility and business cost savings. However, HRAs can increase administrative complexity and time, overriding the initial reason the business chose a PEO. Here is...
Around 27% of U.S. workers quit their jobs in 2023, which, according to a common turnover calculation, cost employers nearly a trillion dollars to replace. Unfortunately, turnover is expected to climb this year, and labor experts predict another form of the “Great Resignation” to take...
Companies may need to work with professional employer organizations (PEOs) to obtain contract workers for several reasons—whether it’s to account for their seasonal production periods, fulfill large contracts or secure contract-to-hire positions. Yet, before using a PEO to acquire employees, it is important for employers...
Commercial General Liability (CGL) insurance is a type of policy designed to protect your business from financial loss due to lawsuits and other claims arising from your operations. Here’s a closer look at its coverage and how it relates to third-party bodily injury: Coverage Overview:...
Testimonials from satisfied clients can establish credibility and trust with prospects who are considering your PEO. Real life stories from happy customers can help candidates feel more confident in their decision to choose you. However, asking for a recommendation must be done with diplomacy and...