As an entrepreneur, there are many things to consider while running your business. Choosing the right Professional Employer Organization (PEO) to assist you with managing your HR and administrative requirements is one of the most crucial decisions. PEOs can take on many different responsibilities, like managing benefits and payroll and ensuring employment laws are followed.…
Compliance can be time-consuming and daunting, and mistakes can lead to costly fines and legal issues. By partnering with Concurrent HRO, you can streamline your compliance efforts and stay up-to-date with the latest regulations applicable to your industry and location. What is Concurrent HRO? Concurrent HRO offers seamless integration and support as a strategic partner,…
Following the recent change in the minimum wage in Missouri, businesses operating within the state must take steps to ensure they comply with the updated regulations. It’s essential to make necessary revisions to align with new labor laws to avoid potential penalties. For detailed information on Missouri’s minimum wage increase, please refer to the following…
The Colorado Secure Investment Savings Program (CSSP) is a new retirement investment fund initiative designed to aid Colorado workers in saving for their retirement. The program was established following the passing of the Colorado Secure Savings Act by the state legislature in 2021. For comprehensive details on the CSSP, more details can be found on…
Accidents happen. But if you have ever been in an accident that left you with unexpected medical bills and lost income, then you know just how significant of an impact they can have on your financial well-being. That’s why accident insurance is a life-saver for many. If you’re an employer, providing accident insurance helps protect…
As a business owner or HR professional in Colorado, the state’s non-compete law, recently updated in 2022 by HB22-1317, has probably been on your radar for a long time. How does it affect your business? What are the implications for your overall operations? After all, the non-compete law gives some Colorado employees options they never…
If you’re an HR professional or business owner in Colorado, the Family and Medical Leave Insurance (FAMLI) Program that recently became a law in the state impacts your business. And if you are still a little shaky on the details, here is a breakdown of what this program is and what it means for employees…
The Secure Act 2.0 is a proposed bill that could significantly impact retirement savings for both employees and employers. As an HR professional or business owner, staying informed about this legislation and how it could affect your company and your employees is essential. A few key takeaways about Secure 2.0: Expanded Access to Retirement Savings…
If you are a business owner, you may be familiar with the term “PEO” but not know what it is and how it could help your business. A Professional Employer Organization (PEO) is an organization that provides businesses with outsourced services such as payroll, benefits administration, and human resources management. A PEO provider can help…
What Employee Benefits are Important? Employee benefits have a significant impact on the success of your business. It’s not just about offering perks that employees enjoy, but also providing them with the meaningful and necessary support. When it comes to employee benefits, there are some essentials that every business should provide. What Are Employee Benefits?…
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