Employee Leasing Quotes : PEO Blog

One of the insurances many employee leasing companies / PEOs are providing to their clients in today’s lawsuit-happy world is EPLI coverage. When your business is protected with EPLI you are covered from a variety of claims, including:

· Sexual harassment

· Wrongful termination

· Discrimination

· Slander and Defamation

You’ve probably heard about large Employment Practices Liability cases on the news, which many times have reached well over a million dollars. The EPLI covers costs related to defense expenses, judgments and settlements- even back pay.

It’s important to ask what the per-occurrence deductible and maximum limits are, as they can vary by company. A common deductible can range between $10,000 and $25,000 with a $1 million limit of liability per occurrence.

If you have questions about EPLI coverage, call us. We can be reached at 1-888-582-8388.

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.

Yes, your business is covered under a workers’ compensation policy. But do you really understand what that means?

According to a recent survey by Employers.com, 14% of small business owners couldn’t even name the insurance company that insures them. 18% of employers who recently switched their insurance provider could not recall that company name, either.

And it’s not just the name that eludes employers. In the same survey, 13% admitted that they did not understand how workers’ comp protects their business and its employees. Seven out of ten employers relied on an insurance agent to explain their coverage, but 58% state they carry the sole burden on handling the “hands-on” duties involved.

Workers’ compensation is based on a complicated formula that includes many different factors. It’s a huge benefit to have a specialist that understands the differences in policies. Just making sure your business is correctly categorized can save you lots of money!

Let Employee Leasing Quotes.com 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