Small Businesses Look To Outsource Human Resources as Regulations Increase

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A 2004 study conducted by the Society for Human Resource Management (SHRM) showed 58% of companies outsource human resource functions. Today, that number is closer to 85% and the HR outsourcing industry has grown to $165 billion annually. This is the result of several factors--mostly a increase in the complexity of employment law and the desire for companies to hand off compliance concerns to human resource experts so they can focus solely on the core of their business.

PEOs Helps Prevent EEOC Claims From Age Discrimination

When job hunters in their sixties and seventies seek employment, it is likely their hiring manager or supervisor is younger than them. This can cause problems if applicants are denied employment or an employee is treated differently and they feel it was a result of their age. The Equal Employment Opportunity Commission (EEOC) protects individuals over the age of forty from age discrimination through the Age Discrimination Employment Act (ADEA).  This act prohibits discrimination due to age regarding:

Employee Benefits Communication; New Study, Same Story

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In April, SOI referenced a MetLife study that showed the importance of employee benefits communication. In the study, employees revealed the top ten communication tactics employees found to be the most helpful. SOI stressed the importance of benefits communication and asserts that it is impossible to achieve the highest return on benefits investment if an employer does not effectively communicate the benefits it offers to its employees.

PEOs Help Employers Understand Payroll Card Laws

Recent lawsuits and complaints from employees have sparked investigations into the use of payroll card programs and the fees they can carry. Many employers issue payroll cards to avoid the expense of paper checks. Payroll cards offer an instant, paperless payment method to employees who do not have access to a bank account and are unable to enroll in direct deposit. However, as with direct deposit programs, the use of a payroll card program comes with regulations that vary greatly by state.

PEOs Provide Human Resources Compliance and Best Hiring Tips

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Hiring is a difficult job. Recruiters and hiring managers are bombarded with hundreds of résumés and must sort through them to find a few potentially qualified applicants. After that, interviewers have limited meeting time to gather as much relevant information as possible that will help them make a decision on a candidate who could spends years working for them. In addition to the stress of hiring the right person, employers are faced with the responsibility of hiring for the right reasons.

One more ACA Delay; SOI Keeps You Informed

Another delay has been quietly announced by the Obama administration–the fifth in a week. This delay could come to the delight of some older smokers, but could hurt younger smokers more. The notice was sent out by Health and Human Services notifying insurance companies of a system limitation that is not expected to be fixed until 2015.

More ACA Delays

Last week the Obama administration announced a delay of the employer mandate portion of the Affordable Care Act (ACA). More delays have been announced since–most of which pertain to exchanges in the states that elected to run their own exchanges. The regulation delays were released Friday (View) and are summarized below: