Businesses fail all the time. Partner with a #PEO and your business is 50% less likely to fail than similar companies. Contact us Today for a Free Quote or to inquire about how we can help lower your healthcare and workers’ compensation insurance costs. 888.370.5406 info@peoboa.com request a quote
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This Longtime IHOP Owner Sold His 16 Restaurants Because of Obamacare Four years ago, my reporting on Obamacare brought me to the city of Terre Haute, Ind. Located near the Illinois’ border, about an hour’s drive from Indianapolis, the city of 60,000 residents reminded me of the area where I grew up near Utica, N.Y. […]
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Professional Employer Organizations (PEOs) In Workers Compensation Professional Employer Organization (PEO) is a different approach many small and medium size employers take to obtain workers’ compensation insurance. The employer outsources the responsibilities of workers’ compensation insurance along with human resource services, payroll (including IRS and state reporting), employee benefits and risk management to the PEO. […]
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Professional employer organizations help free up business owners’ time to focus on generating revenue. Most small-business owners know the frustration of spending more time than they want or should on non-revenue-generating activities. From payroll and human resource management to benefits and compensation, entrepreneurs can spend up to 40 percent of their precious day engaged in […]
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Some entrepreneurs are turning to professional employer organizations to navigate health reform’s complexities. ESCO Communications, an Indianapolis-based audio/visual equipment installer, has provided health insurance for its 100 employees for more than 40 years, but when CEO Chip Roth was faced with 40 percent price hike on the company’s plan last year, he realized he needed to make a change. […]
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Top 5 Startup Payroll and HR Mistakes Startups are natural rule breakers. You’ve got to ruffle a few feathers and disrupt the status quo if you want to build the next Facebook. But there’s one area where startups definitely don’t want to break the rules: payroll and HR. Startups that don’t comply with payroll and […]
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When you’re a small business owner, you’re always busy. You’ve got to manage the daily operations of your business. You’re responsible for your employees. You need to keep current on the trends in your industry, make long-term strategic development plans, and implement tactics every day. And, this comes on top of all the responsibilities […]
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The White House Office of Management and Budget (OMB) released on February 2, 2015 the Fiscal Year 2016 Budget. It includes a specific provision where the IRS will ramp up enforcement efforts to “address noncompliance” including the employer responsibility provisions of the Affordable Care Act (ACA). The Budget proposes hiring over 400 full-time employees to […]
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To be subject to the Employer Shared Responsibility provisions for a calendar year, an employer must have employed during the previous calendar year at least 50 full-time employees or a combination of full-time and part-time employees that equals at least 50. For example, an employer that employs 40 full-time employees (that is, employees employed 30 or […]
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Rightway Imaging is a health care organization with 400 employees and 20 locations in the metro area. For 30 years they’ve competed with St. Andrews Medical Network, a much larger organization of 30,000 employees. The competition is fierce not only for patients and market share, but also for recruiting and retaining skilled employees. Lately, the […]