Small Business, Big Ideas
(And a Few Laughs Along the Way)
Your go-to blog for tips, tricks, and the occasional dad joke about running, growing, and loving your small business. Seriously helpful. Seriously fun.
PEOs Give Startups Time, Talent, and Security
... and when you actually start up, you get slammed with the realities of running a business. How will you handle payroll? What about health insurance? How will you attract and retain the talent your business needs to survive and grow? What happens if you make a mistake?
Three Things PEOs Don't Want You to Know
PEOs are a business, too, and they need to make money. In our experience, PEOs are excellent about making sure the price you pay is fair and comes with a high level of value. Even so, there are three things that PEOs don’t want you to know.
What is your total cost for an employee?
The true total cost of an employee goes well beyond the salary offer. From pre-hiring activities to benefits like tuition reimbursement, a single employee’s overall cost to a business can add up to 30%, or even 100%, more than that worker’s actual pay.
Three Things To Ask a PEO
You’ve made the decision to start investigating PEOs and you’re ready to compare all the different plans that PEOs have to offer. There are lots of things to consider, but you should begin analyzing every PEO with three critical questions that cover the basics about disclosure regarding fees, cancellation, and taxes.
PEOs and The Admin Fee
PEOs charge Administration Fees for their services. Some charge a flat administration fee per employee per month (PEPM) and others charge a percentage of payroll (POP). Which is better?
United States Health Care is a Catastrophe
The phrasing may be indelicate, but health care in the United States is screwed.
Premiums are on the rise, more Americans are working under high deductible plans, and the health insurance market is narrowing. It’s a bad time to be sick.