Healthcare benefits are an ever-increasing portion of employee compensation costs, but offering healthcare benefits to employees can be vital to recruiting and retaining the best employees. There are several different types of healthcare benefits plans that employers can choose from to fulfill their organizations’ healthcare benefits goals. There are several basic types of group benefits plans you provide to your employees, including the following:
As the CEO of your business, no matter how conscientious you are as an employer, certain circumstances may arise that should trigger a conversation with a trusted advisor who is well versed in employment law.
If you are part of the progressive and growing group of companies that work with a Human Resources Management organization, or are partnered with a PEO (Professional Employer Organization), be sure to talk with your provider about access to legal support before terminating the employee in question.
When you need to make a decision pertaining to employee misconduct, performance problems, or other bad behaviors, a trusted advisor can help determine if the termination is legal and reduce the risk of a future law suit.
Payroll is a business process that encompasses many elements beyond simply compensating employees, such as: payroll taxes, social security withholdings, pretax deposits for medical savings, issuing W-2’s, FLSA/exempt vs. non-exempt compliance, overtime rules and calculations, wage garnishments—the list goes on. And the larger the company, the more complex payroll becomes.