As an employer, it’s your responsibility to ensure that your workers receive compensation for any work-related injury or illnesses. Workers’ compensation is mandatory in most states if you have a certain number of employees. However, even if it isn’t compulsory, it’s a good idea to get workers’ compensation to ensure a consistent and robust workforce.… Continue reading How to Calculate Workers’ Compensation Insurance for A Small Business
Author: mbowmer
February 5, 2021
Blog
7 Reasons Your Business Needs Workers Compensation Insurance
Statistics show that an employee gets injured at work after every 7 seconds, globally. It’s the responsibility of every employer to ensure that employees are safe at work. In case of any injuries, the employer should provide financial and emotional assistance to help the injured recover. Thanks to the workers’ compensation insurance, employers can ease their commitments in… Continue reading 7 Reasons Your Business Needs Workers Compensation Insurance
February 2, 2021
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What Is a PEO Insurance Policy?
Did you know that a PEO insurance policy can drastically improve your business? Professional employer organizations (PEO) are companies that provide businesses upon benefits for joining them. Whether you have a small or large business, you can enjoy several services that PEOs offer, allowing you to focus on other parts of your business. When it… Continue reading What Is a PEO Insurance Policy?
January 29, 2021
Blog
I Think One of My Employees Has COVID: What Do I Do?
Even with the impending vaccines, the COVID-19 pandemic shows no signs of slowing in the next few months. If you run a business and have employees on the premises there is a good chance one of them could get infected. COVID made 2020 a challenging year for business owners, and 2021 looks to be just… Continue reading I Think One of My Employees Has COVID: What Do I Do?
January 26, 2021
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What Are The Benefits to Co-Employment?
The current average retention rate in the United States is around 4.1 years. The Bureau of Labor Statistics notes that this is a slight change from previous years, where the employee retention rate was around 4.2 years per employee. Managing the various dynamics related to HR management can be a daunting process. Apart from employee… Continue reading What Are The Benefits to Co-Employment?
January 22, 2021
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What Do PEO Companies Do?
Employees are the lifeblood of any organization; that’s why the average company spends around $4,129 on recruiting a single employee. It’s also why businesses strapped from cash are hesitant to hire new employees despite the urgency. Businesses, especially startups and small businesses, may not have concrete human resource setups to conduct comprehensive recruitment exercises and… Continue reading What Do PEO Companies Do?
January 19, 2021
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Why is Human Resources Important? The Many Reasons to Implement HR
According to business experts, when a company reaches a certain size or level of organization, it is time to set up a human resources department. When you’re starting a new business, you may assume you can handle all of your day-to-day challenges. Hiring, training, and managing your employees? Sure! However, unexpected issues can arise or… Continue reading Why is Human Resources Important? The Many Reasons to Implement HR
January 15, 2021
Blog
The Best Workman’s Comp Insurance You Can Provide to Employees
Accessing the best worker’s comp insurance is about more than finding a reasonable premium – it’s also about value. According to analysts, businesses lose $170 billion every year. The losses come from the direct and indirect costs of work-related injuries. Employers’ workman’s comp insurance can protect your business. If your workers become hurt or ill… Continue reading The Best Workman’s Comp Insurance You Can Provide to Employees
January 12, 2021
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7 Factors to Consider Before Choosing a PEO
Given that companies that use PEO are 50% less likely to go out of business choosing to work with a PEO service may just be one of the best business decisions you ever make. Choosing a PEO service means that you won’t have to worry about human resources, payroll management, workers’ compensation, employee benefits. It… Continue reading 7 Factors to Consider Before Choosing a PEO
January 8, 2021
Blog
Workers Compensation or General Liability: What’s Better at Protecting Employees?
As a business owner, there are plenty of things you need to worry about to keep your business running successfully. Of course, it’s important to take care of your customers and manage how your business runs. You also need to worry about protecting employees and customers by having the right kinds of insurance. You know how confusing… Continue reading Workers Compensation or General Liability: What’s Better at Protecting Employees?