QuoteCatcher.com Employee Benefits Buyer Advice

What are the benefits of providing group health insurance to my employees?

Sat, 27 May 2006 00:00:00 GMT

Benefits of group health insurance range from employee retention to tax incentives. Group health insurance can benefit your employees and company. There are many types of group health insurance options from HSA, PPO and others.

How do I know if my company qualifies for group health insurance?

Sat, 27 May 2006 00:00:00 GMT

Your company will probably be eligible for a small business group health insurance plan if it meets criteria such as full time officers, business license, W-2 employees, group health employee contribution...

What types of group health insurance plans are available?

Sat, 27 May 2006 00:00:00 GMT

Group health insurance plans are categorized as either indemnity plans (also known as "traditional indemnity," "fee-for-service," or "FFS" plans) or managed care plans.

Reducing your 401(k) Liability

Tue, 30 May 2006 00:00:00 GMT

As an employer and sponsor of a 401(k) Plan, your company shoulders a significant responsibility. Fiduciaries can be held personally responsible for the Plans they oversee. This is why it is critical to take the appropriated steps in order to reduce potential liability. Being “prudent” and having a documented “process” for decisions made within your Plan has proven to be critical. In addition to...

Meeting Your 401k Fiduciary Responsibilities

Mon, 05 Jun 2006 00:00:00 GMT

Offering a retirement plan can be one of the most challenging, yet rewarding, decisions an employer can make. The employees participating in the plan, their beneficiaries, and the employer benefit when a retirement plan is in place. Administering a plan and managing its assets, however, require certain actions and involve specific responsibilities.

Business Group Health Insurance Basic Information

Wed, 14 Jun 2006 00:00:00 GMT

This health insurance article provides information about group health insurance verses individual health insurance, the necessary number of employees to qualify as a group, and how costs can vary.

Do Pre-existing Conditions Affect My Group Health Insurance?

Wed, 14 Jun 2006 00:00:00 GMT

Pre-existing health conditions that have been diagnosed or treated before enrolling in a new group health insurance plan can affect approval of some health insurance plans.

State Department of Insurance Contact Information by State

Tue, 20 Jun 2006 00:00:00 GMT

For more information on group health insurance or general insurance questions, websites and phone numbers are provided for the State Department of Insurance for each state.

What is HIPAA and how does it affect Group Health Insurance?

Thu, 22 Jun 2006 00:00:00 GMT

The Health Insurance Portability and Accountability Act (HIPAA) changed the requirements for the way insurance companies provide coverage to new enrollees who had group health insurance with a prior company.

What is a "Business of One" in Group Health Insurance?

Thu, 29 Jun 2006 00:00:00 GMT

Some states allow small businesses with only one employee to qualify for group health insurance. Your business may qualify if you meet the requirements.

How many employees does my business need to qualify for group health insurance?

Thu, 29 Jun 2006 00:00:00 GMT

Most states require small businesses to have at least two employees to qualify for group health insurance. However, some states allow a "business of one" to obtain health insurance and qualify for a group health plan.

Why choose Business-of-One Group Health Insurance if I am a Sole Proprietor?

Thu, 29 Jun 2006 00:00:00 GMT

Individual health insurance may provide you with all the coverage you need if you are the sole proprietor of your business. But in some cases, business of one group health insurance may provide better insurance coverage, or the only coverage you can qualify for, depending on pre-existing conditions.

Outsourcing Payroll More Cost-Effective For Small Businesses

Wed, 02 Aug 2006 00:00:00 GMT

Outsourcing payroll in a small business can be a cost-effective solution that makes sense. Processing paychecks internally may be burdening your business rather than saving time or money. It may be time for your small business to consider outsourcing payroll when you consider the tradeoffs.

Advantages Of Outsourcing A Payroll Processor For Your Small Business

Wed, 02 Aug 2006 00:00:00 GMT

Knowing the advantages of outsourcing your small business payroll may make you rethink your current in-house process. Payroll processors are professionals who can take on any variety of details you need handled in your small business. Outsourcing takes you away from thinking about tax laws and back to running your business.

Why More Businesses Benefit from Direct Deposit

Thu, 03 Aug 2006 00:00:00 GMT

Direct deposit is one of the many benefits provided by outsourcing a payroll service. Direct deposit payroll is economical and efficient, saving everyone time, eliminating problems, and helping with the business bottom line. Once your large or small business has switched to direct deposit, you will quickly understand why it is becoming the norm.

Outsourcing Through Payroll Services Provides Tax Benefits for Your Business

Thu, 03 Aug 2006 00:00:00 GMT

One big reason for outsourcing your payroll with payroll services is that they will also handle all tax responsibilities, including federal, state, and local tax returns, deposits, and detailed recordkeeping. Outsourcing payroll services means more than help with payroll. It means help with every aspect of your taxes.

Questions to Ask When Outsourcing a Payroll Service Processor

Thu, 03 Aug 2006 00:00:00 GMT

Before outsourcing the administration of your payroll to a payroll service provider, know what questions to ask. A good payroll provider will answer questions about all their services and costs that add up to the benefits that justify outsourcing payroll processing for your business.

The Self-Employed 401k Retirement Plan

Thu, 10 Aug 2006 00:00:00 GMT

Opening and contributing to a 401k retirement plan is for any small business, even for a business owner who is the only employee. Just like any 401k retirement plan, the Self-Employed 401k retirement plan gives a tax break and helps save for the future, but there are other financial benefits. The Self-Employed 401k accommodates the modern entrepreneur on many levels.

Finding Hidden 401k Fees Can Save on Plan

Tue, 22 Aug 2006 00:00:00 GMT

401k hidden fees that plan providers don't tell you about can cost you by cutting into your savings. Business owners can save significantly on 401k costs by watching for hidden fees in service plan provider structures. Save on 401k plan fees by shopping around, being an informed buyer, and choosing quality, lower-cost fee 401k investment plans.

Know What 401k Fees Should Cost

Tue, 22 Aug 2006 00:00:00 GMT

What 401k fees cost for your 401k services? 401k fees can be unreasonable. To determine if your 401k expense fees are reasonable, run a benchmark study to determine if costs justify benefits. Compare your 401k costs with similar plans for an accurate determination.

How the 401k Retirement Plan Works

Thu, 24 Aug 2006 00:00:00 GMT

The 401k plan is one of the best retirement planning options available. With the 401k retirement plan, investment funds consistently accumulate, while providing many other benefits. The 401k has tax benefits and flexible investment options, making the retirement plan a good return on contributions.

Plan Providers and Consultants Ensure 401k Compliance

Fri, 25 Aug 2006 00:00:00 GMT

Business owners are responsible for ensuring 401k compliance. They should consult with 401k expert compliance advisors or 401k plan providers to establish compliance that places legal liability for poor investment choices with 401k participants.

401(k) Investment Incentives

Mon, 18 Sep 2006 00:00:00 GMT

The SIMPLE plan, or Savings Incentive Match Plan for Employees, is part of the sweeping legislation passing in August 1996 that will change 401(k) pension plans for small businesses. Features of the SIMPLE plan offer numerous benefits to small business owners, such as tax deferral and low administrative costs.

Retirement Planning Points

Fri, 22 Sep 2006 00:00:00 GMT

Building a strong 401k plan for your business requires financial planning. Be aware of the basic steps involved in the process. Whether you run a small business or large corporation, or whether you implement the retirement plan yourself or hire a financial professional, know the basic points to watch.

From 401k to IRA

Fri, 22 Sep 2006 00:00:00 GMT

The 401k is just one of many various retirement plans for your business to choose from. Financial plan service providers can provide details about which plan is right for you. Depending on your needs, plans vary from the 401k to the SIMPLE plan, and the SEP plan to the Money Purchase Plan. Ask yourself some basic questions when choosing.

401k Delivery Products

Fri, 22 Sep 2006 00:00:00 GMT

401k vendors use three main models to deliver products to business owners and plan sponsors: the bundled model, the unbundled model, and the alliance model. Understanding these models will help make you a smarter shopper when choosing your vendor.

Profit with Online Payroll

Tue, 10 Oct 2006 00:00:00 GMT

Online payroll services are changing how accountants and small business owners manage their payroll. With online processing making payroll more efficient, accountants can easily handle payroll, along with other accounting and taxes. Overall, online payroll services prove more profitable for business owner and accountant.

Online Payroll Solutions

Tue, 10 Oct 2006 00:00:00 GMT

Know how to identify the most effective online payroll solutions for your business. Accountants are increasingly utilizing online payroll to provide services. Things like customer service, hidden fees, and policies are important. Payroll solutions means choosing a good service.

Top Reasons Why Employers Should do Background Screening

Thu, 21 Dec 2006 00:00:00 GMT

Background screening for hiring new employees is becoming the norm. Employers run background checks for various reasons. It helps to understand why background checks are increasingly becoming standard.

Hiring a Background Screener Pays Off

Sun, 31 Dec 2006 00:00:00 GMT

There are benefits for employers in running background checks on potential employees. Background screening may sound like an invasive process, but it is increasingly necessary and helps ensure a more reliable workforce and longterm protection from industry liabilities. Depend on a professional background screener for best results.

Leave Background Checks to Professionals

Sun, 31 Dec 2006 00:00:00 GMT

Why hire an Employment Screening Company? Running background checks is not as cut and dried of a process as it may seem. Quality background check companies know how to get necessary information efficiently and guide employers through the process.

How Background Checks Protect Employers

Tue, 02 Jan 2007 00:00:00 GMT

Background checks protect employees against violence, as well as employers agains claims of negligent hiring. Laws do little to protect employers against negligent hiring claims if an employee is hired without background screening

Why Pay for Hiring Background Screeners?

Tue, 02 Jan 2007 00:00:00 GMT

Employers often make the mistake of not hiring a professional background check service. The money saved in the frontend can cost serious loss with faulty information that leads to a bad hire. Spend the extra amount on a professional background check to ensure quality hiring.

Employee Leasing Pays

Tue, 09 Jan 2007 00:00:00 GMT

A Professional Employer Organization (PEO) provides employers with integrated business services--managing the employer's human resources and risk issues. Employee leasing with a PEO is becoming commonplace because it benefits employers. PEOs handle all aspects of employee administration, freeing employers to do what they do best.

Picking PEO Plans

Sun, 21 Jan 2007 00:00:00 GMT

Professional Employer Organizations (PEOs) offer services in bundled or unbundled pricing. Whether your business needs help with payroll services, workers' compensation insurance, or employee benefits, a PEO will provide a quote that includes single or complete services.

Growth in Professional Employer Organizations

Sun, 21 Jan 2007 00:00:00 GMT

The industry for Professional Employer Organizations (PEOs) is known as one of the fastest growing business services in the United States. While the average client is small businesses, large corporations are discovering the value of PEO services.

The Trend Of Human Resource (HR) Outsourcing

Wed, 21 Feb 2007 00:00:00 GMT

Outsourcing Human Resources (HR) is a big trend in the business world. It makes sense to structure outsourced HR that saves on overhead with so many high volume processes. Outsourcing HR is a growing reality in small and large businesses, with many benefits.

Ensuring Human Resource (HR) Benefits

Wed, 21 Feb 2007 00:00:00 GMT

Professional Employment Organizations (PEO) promise to deliver Human Resource (HR) outsourcing services with many benefits. An HR provider saves your business money, reduces employee liability, and improves productivity. It is important to know what to look for in an HR provider, to ensure benefits.

Strategizing Human Resource (HR) Functions

Wed, 21 Feb 2007 00:00:00 GMT

Human Resource (HR) functions are becoming far more complex and enterprising. HR is increasingly strategic in organizations, as well as transactional in structure. More businesses are aiming to reduce time HR spends with transactional functions, and increasing the strategic role.

The Value of the Background Screening Industry

Tue, 20 Mar 2007 00:00:00 GMT

The background screening industry is here to stay. It performs many crucial services: a quality background screening professional works to create a safer work environment, to protect consumer rights, and to protect employers from accusations against negligent hiring.

Weighing the Costs of Background Checking

Tue, 20 Mar 2007 00:00:00 GMT

It pays to hire a professional background screener. When the costs of conducting a background screen on a potential hire is weighed against the costs—and the risks—of not conducting a background check, it is clear that it pays to hire a professional background screener.

Unexpected Restrictions in Background Screening

Wed, 21 Mar 2007 00:00:00 GMT

The process of background screening is not always straightforward. Professional background screeners know how to navigate difficult and unexpected restrictions that regular researchers cannot anticipate. Obtaining an accurate, timely, and thorough background search is a specialty for professionals.

Background Screening Buyer's Guide

Mon, 07 May 2007 00:00:00 GMT

*Understanding Background Checks
*Advantages/Reasons for Background Screening
*Choosing the Right Background Screening Agency
*Screening Legitimate Background Screening Services
*Types of Background Checks

Which Group Health Insurance Plan is Best for my Business?

Sun, 01 Jul 2007 00:00:00 GMT

What types of coverage should you look for?
Here are some “red flags” to be aware of in your evaluation.

How Much Does Employee Leasing (PEO) Cost?

Wed, 22 Aug 2007 00:00:00 GMT

Many businesses use PEO services because they have determined that in the long run, it saves them money. Hiring in-house staff to provide these same services can end up being far more costly. Here are some cost guidelines for these services.

Employee Leasing (PEO) Buyers Guide: Introduction

Thu, 23 Aug 2007 00:00:00 GMT

Employee Leasing Buyers Guide explains the basics of Employee Leasing (PEO). The Employee Leasing buyers Guide covers how to choose a PEO, guidelines for pricing, glossary of terms used by PEOs as well as covering frequently asked questions when considering using a PEO.

The Basics of Employee Leasing: Employee Leasing (PEO) Buyers Guide

Thu, 23 Aug 2007 00:00:00 GMT

How To Choose An Employee Leasing Company: Employee Leasing (PEO) Buyers Guide

Thu, 23 Aug 2007 00:00:00 GMT

Pricing Guidelines For A PEO: Employee Leasing (PEO) Buyers Guide

Thu, 23 Aug 2007 00:00:00 GMT

Employee Leasing Glossary Of Terms: Employee Leasing (PEO) Buyers Guide

Sun, 26 Aug 2007 00:00:00 GMT

Employee Leasing - Frequently Asked Questions: Employee Leasing (PEO) Buyers Guide

Sun, 26 Aug 2007 00:00:00 GMT

Insulate Your Company From Rising Health Insurance Costs with Employee Leasing.

Thu, 27 Sep 2007 00:00:00 GMT

Small and medium-sized businesses are at a higher risk for skyrocketing health insurance costs due to the health experience of their small employee base. Partnering with a PEO can help reduce the burden of rising health insurance costs by spreading the risk across the entire healthcare pool of thousands of employees instead.

Payroll Service Buyers Guide: Introduction

Mon, 29 Oct 2007 00:00:00 GMT

For many small businesses, processing payroll internally is not necessairly cost-effective. Too often small businesses believe preparing payroll in-house costs less than outsourcing; when, in reality, hours spent on payroll and minor errors could be costing the business more thatn outsourcing payroll costs. If you are a small business owner or manager, you may want to consider outsourcing your payroll if your business is experiencing any of the following....

Advantages To A Small Business Using Outside Payroll Services: Payroll Service Buyers Guide

Mon, 29 Oct 2007 00:00:00 GMT

Because Payroll Service companies focus their services directly on business payroll, they are able to provide the service at a fraction of time and cost to the small business, often saving the small business thousands of dollars annually.

Evaluating Payroll Service Companies: Payroll Service Buyers Guide

Mon, 29 Oct 2007 00:00:00 GMT

You're considering outsourcing the administration of your employee payroll accounting to an outside Payroll Service Provider. There are a few questions you should ask in determining if outsourcing Payroll Services is right for your company.

Online Payroll Services: Payroll Service Buyers Guide

Mon, 29 Oct 2007 00:00:00 GMT

Online Payroll Services are changing how accountants and small business owners manage their payroll accounting. In the past, Online Payroll Services were considered unprofitable. Improved technology has changed how businesses look at Online Payroll Services.

Glossary Of Terms: Payroll Service Buyers Guide

Mon, 29 Oct 2007 00:00:00 GMT

Explanation of terms used in outsourcing Payroll Services

Frequently Asked Questions: Payroll Service Buyers Guide

Mon, 29 Oct 2007 00:00:00 GMT

Answers to Frequently Asked Questions relating to Outsourcing Payroll Services.

HR Outsourcing Eases Immigration Hassles

Thu, 07 May 2009 00:00:00 GMT

A global economy calls for a global workforce. But too often, companies succumb to the red tape of business immigration. Human resource outsourcing services provide a solution to recruiting and hiring overseas workers. Immigration services handle the administrative and legal legwork, helping businesses procure the most talented workforce available, at home and abroad.

The Dynamics of Small Business Health Insurance

Fri, 05 Jun 2009 00:00:00 GMT

With the price of health insurance rising each year, small businesses can benefit greatly from assessing the costs and benefits of a group health insurance plan. There are several dynamics of small business health insurance that should be considered when evaluating a group health plan. A little thought can save a lot of money.

How to Choose a Payroll Service

Wed, 01 Jul 2009 00:00:00 GMT

Today's payroll service market includes an array of companies suited to the needs of small business, large enterprise, and every business in between. To find the company that best suits its needs, businesses should keep these six criteria for selecting a payroll service in mind.

401K Plans: New Study Full of Interesting Statistics

Wed, 08 Jul 2009 00:00:00 GMT

A new study from CFO Research Services and Charles Schwab offers important insight into the role of the 401K plan in the modern corporation. Smaller companies, though, may need to be creative when applying the results of this study.

International Human Resource Outsourcing Solutions

Thu, 16 Jul 2009 00:00:00 GMT

Companies looking to expand their reach into global markets have a trusted partner in international human resource outsourcing services. International HROs have the scope and depth of local knowledge to facilitate global recruiting and office expansion. Find out how your business can tap into global markets with the help of an international HRO.

Group Health Insurance: Time for an Annual Check-Up

Thu, 20 Aug 2009 00:00:00 GMT

Rates change for a variety of reasons and not all of them are strictly inflation-based. A company's group health insurance plan should be reviewed annually--like getting a regular check-up--to make sure that the business isn't paying too much. Saving money is practically earning it.

How to Offer a 401K Plan to Employees Without Headaches for the Boss

Wed, 26 Aug 2009 00:00:00 GMT

401K plans are commonly viewed as great for the employee to have, yet painful for the employer to administer. Is there any way to offer 401K plans to employees without all the hassle on the employer side? The answer is yes.

PEO Payroll Services for Small Businesses

Fri, 28 Aug 2009 00:00:00 GMT

Small businesses save time and money by relying on professional employer organizations (PEOs) for payroll preparation services. PEOs bring to the table expertise and volume efficiencies, allowing small business owners to better manage payroll processing, distribution, workers' compensation, and employment tax functions.

Finding Value in Retirement Plan and 401K Outsourcing

Mon, 14 Sep 2009 00:00:00 GMT

Businesses can make the most of their resources by outsourcing administrative tasks such as retirement and 401K planning. Find out how human resource outsourcing providers can help your employees manage their retirement savings--and help your business save money.

The Small Business Health Insurance Learning Curve: Getting to Know HIPAA

Thu, 15 Oct 2009 00:00:00 GMT

A company should understand its obligations under the HIPAA Privacy Rule when implementing a group health plan. Violations can rack up quickly and significantly impact profits.

Payroll Services for Small Businesses

Mon, 19 Oct 2009 00:00:00 GMT

Payroll preparation services offer a valuable resource for small businesses. Find out how small business owners can partner with third-party service providers to cut costs and streamline payroll administration.

Business Health Insurance as a Recruiting Tool

Wed, 18 Nov 2009 00:00:00 GMT

Featuring a group health plan in recruiting efforts can help a company attract talent.

Human Resource Outsourcing for the Manufacturing Sector

Mon, 23 Nov 2009 00:00:00 GMT

Manufacturing presents unique challenges for human resources administration. Workforce development, federal regulations, labor dispute resolution, and union negotiations demand specialized HR expertise. Human resource outsourcing experts offer a reliable and cost-effective strategy for managing HR in an industrial context.

Will 401k Plans Go the Way of Employer Provided Health Insurance?

Tue, 01 Dec 2009 00:00:00 GMT

Since 1976 when 401k plans came into existence, employees have come to expect that employers will offer some form of retirement savings plan. Yet recent economic events have led many employers to cut 401k benefits, leaving employees to wonder if their retirement savings benefits are in jeopardy.