Employee Leasing Quotes : PEO Blog

I was channel surfing the other night and came across a show where the host was interviewing several small business owners who turned their companies into mega corporations.

I was immediately intrigued by their thoughts and was in hopes I would be able to use some of their expertise in my own business ventures.

One idea I heard them using over and over again was the power of outsourcing.

Whether it was marketing, advertising, human resource or employee-related issues- they all spoke of how successful it had been for them to outsource the areas of their business in which they had no time to be the expert in.

After hearing those thoughts, something became very obvious to me. Every employer knows that time is very precious, and there never seems to be enough of it to go around.

The last thing a business owner wants to spend his/her time on are tedious administrative tasks when he/she could be focused on ideas that produce income for the business. Employee-related tasks can take many hours out of an employer’s workweek.

Outsourcing the “garbage work” of payroll, quarterly tax reports, workers’ compensation audits, etc. etc. , just makes sense. That’s why employee leasing/PEO services help thousands of employers each year.

Using this service to handle all employee-related administrative tasks gives employers back their valuable time. They are then able to concentrate on the parts of their business in which they are the expert- and rest easy knowing everything else is being taken care of.

If you have questions regarding Employee Leasing or the services of a Professional Employer Organization, give us a call. Employee Leasing Quotes.com provides business owners of all sizes  and industries with a personal, effective way to choose an employee leasing company that best fits the needs of their business. Visit us at Employee Leasing Quotes or call us at 1-888-582-8388 to learn more about our services.

While payroll is an essential part of any business, administering this delicate and time consuming task often takes employers away from income – producing activities.

What’s more, as government regulations continue to grow, costly fines and penalties are on the rise as well. According to IRS statistics, approximately 33% of employers make payroll errors costing them billions of dollars annually in penalties. With more tax law changes on the horizon, there’s even a greater risk for payroll errors.

Let’s take a look at the 12 of the most common payroll mistakes and errors:

1. Human error

2. Misclassifying workers

3. Not properly handling garnishments, levies, or child support

4. Miscalculating overtime pay

5. Neglecting to send 1099s

6. Miscalculating state unemployment tax

7. Not having adequate backup

8. Missing tax deposit and filing deadlines

9. Not saving payroll records

10. Ignoring taxable items

11. Assuming too much responsibility to the software program

12. Wrong information on the W-2 form

The services of an Employee Leasing Company help small businesses avoid payroll pitfalls, saving them from hundreds, or even thousands of dollars in penalties, as well as valuable time and resources.

When you’re ready to obtain multiple quotes from the only company that has service and price guarantees, call Employee Leasing Quotes! We can be reached by calling 1-888-582-8388.

It’s going to get harder for illegal workers to find work now that President Bush has signed a new executive order.

Last Monday, the White House announced that they are requiring contractors and others who do business with the federal government to use an electronic system to verify that their workers are eligible to work in the United States.

The system, E-Verify, is operated by U.S. Homeland Security. It allows employers to check the social security numbers of their employees to make sure they are valid. Employers by the thousands are signing up to use the system each week.

Normally when an employee is hired, they are required to fill out an I-9 form and show their accompanying documents. The employer looks over the forms and then determines if the worker is legal.

With E-Verify, contractors will now enter their potential worker’s name and social security number into a computer over the Internet. The system will check government databases to make sure the information is valid and that the number matches the name. If there are discrepancies, that worker is immediately tagged as potentially illegal and the situation must be resolved.

This legislation will surely help crack down on the number of illegal employees in the workforce, but what affect will it have on employers? Those in the construction and trades industry are aware of the high number of illegal immigrants who work every day. These employees are known to work cheaply and for long hours.

Some might say that this well-intended legislation may adversely affect small contractors who depend on low-wage employees to survive in this difficult market. How will this affect your small business?

Work-related injuries are costly, both to the injured employee and the employer. The longer an injured worker is off the job, the more costly it becomes, monetarily, physically and emotionally.

It’s in the employer’s best interest to help the injured employee get back to work as soon as possible, even if that means “light duty” assignments for a period. An injured worker sitting at home doing nothing can lose up to 30 percent of his or her body conditioning, so the employee has an even greater responsibility in the healing process and preparing for a return to work.

Here are just a few tips for individuals who are recovering from various work-related injuries:

* Try and remain active - Discomfort is to be expected, but try not to eliminate you’re your activities completely unless instructed to do so by your physician.

* Drink plenty of water - This helps you avoid the weight gain, and also provides your body with essential fluids required for proper healing. Water is the main component in healing used by cells.

*Stretch - Specific stretching exercises given by your physical therapist ensures the joints, tendons and muscles are flexible and capable of absorbing stress.

* Maintain restrictions off work - If you’re working on “light duty” restrictions, continue similar limitations at home . For instance, if you have a weight, or movement restriction, don’t go home and move heavy furniture around or weed your garden. Maintain home activities, just don’t overdo it.

* Work toward normal movement patterns - Don’t guard, or overprotect the extremities or the back after an injury. You may cause an increase in muscle tension which will increase the pain. It’s a vicious cycle that can lead to deterioration of the guarded appendage.

Always remember to report injuries immediately. Don’t assume you’ll get better without treatment. Injuries reported quickly are also considered more credible than ones reported a week after the fact.

Employee Leasing Quotes.com provides payroll, workers’ compensation and employee benefit solutions for small business owners. Call us today at 888-582-8388 or visit us on the web at Employee Leasing Quotes. We can help!

There are three factors which the insurance companies generally use to determine the payment of workers’ compensation premiums. These are (1) the payroll; (2) the employer classification (what work is being performed); and (3) the experience record or history, along with the number of accidents and severity of injuries included for this employer.

The first element considered is the payroll and these are determined in blocks of $100 of payroll sums. The second consideration is how an employer will be classified into different categories by industry type. Each classification is designated to pay a certain amount of workers’ compensation premium per $100 block of payroll. For example, roofers who are designated code 5551 by the National Council on Compensation Insurance may pay a rate of $30 per $100 block of payroll because they have a higher exposure to injuries. In contrast, a clerical employee – code 8810 - who has a low exposure to injuries may pay a rate of .40 cents per $100 block.

The last consideration is what is known in the industry as the “experience modification factor” or “experienced mod” or simply the “mod.” This calculation applies to policies with more than $5,000.00 in premiums. In determining the experience mod, the individual employer is compared with other employers within the classification based upon the frequency of accidents and severity of injuries. The more accidents an employer has had in the past, the higher the modification rating.

Employee Leasing Quotes.com can review your workers’ compensation coverage and costs. Our information is free, helpful and could save you thousands of dollars.
Call us today at 888-582-8388 or visit us on the web at Employee Leasing Quotes