All posts by Kollin Yelensky

Celebrating 20 Years of Service

Celebrating 20 Years of Service

Professional Employer Resources (PER) proudly celebrates its 20th anniversary September 2017. Our incredible CEO, Tina Compton began the process of building what we now know as Professional Employer Resources, Inc. in May 1997. By September of that same year, PER launched and has not stopped growing since. In all of our years of service, we’ve dedicated our services to multiple states as well as the Orlando area out of our office in Maitland.

With 25 years of experience, Tina was the perfect candidate to start her own business in the PEO industry. Her management degree obtained at the University of Central Florida provided her a foundation of knowledge about essential business services to share with her clients.

When Service Counts

With a founder as dedicated and warm as Tina, it is no wonder PER is run by a dedicated team of cutting-edge professionals who consider PEO as more than a 9-5 job. Our small company truly relies on the value of teamwork and support to succeed. We assure that many of our long-term, dedicated employees are trained on multiple platforms so clients can count on a team approach to service.

We believe that PEO should be about cultivating a real HR, payroll and workers compensation experience. With technology on the rise, it can be difficult to foster personal one-on-one human relationships in the workplace. At PER, Tina’s goal is to make sure the true purpose of PEO doesn’t stray from what it was originally intended to do. We focus on high-touch services for small- to medium-sized businesses and promise to bring a warm touch that technology cannot provide.

Thank You

To our supporters, our clients, and our families, we thank you from the bottoms of our hearts. You are the passion that drove Tina to create this company 20 years ago, and you continue to be our inspiration to provide clients with the highest quality PEO services available. From our family to yours, we are grateful for your partnership and excited to celebrate this anniversary with you.

Celebrate Our 20 Years of Service and Save!

Celebrate Our 20 Years of Service and Save!

For 20 years, Professional Employer Resources (PER) has provided our clients with payroll, human resource services, benefits, and workers’ compensation insurance.  The outstanding services offered by PER has allowed our clients to focus on growing their business.

*In honor of our 20th anniversary, we are offering current clients a one-time 20% referral discount off your administrative fee, for referring new business that joins our team. Hurry, discount offer ends 12/13/2017!

If you have worked with us anytime over the past 20 years, you know how knowledgeable and dedicated our team is in assisting with administrative and compliance functions that can consume valuable time.   We treat our clients like family, and want to see that family grow. We wouldn’t be where we are today without the support from our loyal clients, and we want to thank you for your continued business.

*restrictions apply

HMO, POS, PPO – Which Plan Is Right For You?

HMO, POS, PPO – Which Plan Is Right For You?

In order to help you decide which plan is right for you, you’ll want to know what each plan means. HMO, POS, and PPO are all acronyms for different types of managed care plans within your area. It can be hard knowing what you’re buying from the name alone – assuming you are someone who knows what the acronyms stand for.

All plans use a network of doctors and hospitals. The difference is how large the networks are and how you use them. Let’s look at the different options.

HMO: Health Maintenance Organization

  • Requires you to select a primary care physician (PCP)
  • Covers only care provided by doctors and hospitals inside the HMO’s network
  • Tends to have lower monthly premiums
  • No deductibles
  • Good for preventive care services (checkups, immunizations)

With an HMO plan, you are able to see a primary care physician first. The primary physician will try and help initially, but will refer you to a specialist if you need further care. By having an HMO plan, you are able to develop a relationship with a primary care physician. You will then get referrals to doctors that have been recommended and won’t have to search for ones on your own.

POS: Point of Service

  • Less restrictive
  • Can receive out-of-network care
  • Minimal co-payment
  • No deductible when using network providers
  • Out-of-pocket costs limited

A POS plan would allow you to receive care outside of your network in some cases. Let’s say you were going to be out of town for several months. Before you leave the state, you would work with your primary care physician to find a doctor to see while you are out of town.

PPO: Preferred Provider Organizations

  • Have a network of providers they prefer to use
  • Less restrictive
  • Higher monthly premium and higher cost-sharing
  • Will cover care both inside and outside the plan’s provider network
  • Do not need a primary care physician, can see a specialist directly

If you have a PPO plan, you do not need a primary care physician. An example of how you can use a PPO plan: If all of a sudden you started getting pains in your foot, you could go directly to see a podiatrist without receiving a referral beforehand. A PPO allows you to see doctors inside or outside your network, but if you stay inside you’ll pay less.

PER Can Help You Find the Right Insurance Plan

Professional Employer Resources, Inc. (PER) can work with you to determine what type of healthcare plan or plans work best for your business and your employees. No matter what administrative, human resources, insurance, or payroll needs you have, PER can assist with the administrative burden so you can relax and do what you love. Contact us today at 888-599-4991 to learn more about our services and to receive a free cost analysis.

Tips for Writing the Perfect Job Description

Tips for Writing the Perfect Job Description

Recruiting is an extremely competitive industry. Many potential, qualified employees have looked up hundreds of job postings, but have refrained from applying simply because of the way the job was listed. Here are some tips to keep in mind when writing job descriptions.

Grab the reader’s attention from the start. Think about what type of candidate you’re looking to hire and consider things that may appeal to him or her. Use objective questions or statements, such as “Want to work for a caring company that makes the world a safer place?” Formulate your introduction according to what you think your target audience will be looking for.

Be aware of how you use the words preferred and required. Many times, a candidate may not check every box on your list of preferred qualifications and experiences. Unless a specific license or distinct way of thinking is required, try not to express that the candidate needs to meet every single qualification in order to be considered for the position. Many qualified candidates will not apply if they do not meet all of the preferred and required qualifications for fear they are not suitable.

Keep it simple. The more specific your ad is, the less potential it has to match candidates to your profile. You should list three to five essential responsibilities needed to be successful in that job. In addition, list basic skills you’re looking for such as education, experience, and whether a candidate needs previous supervisory experience.

Give your job post some personality. Show the personality of the company through the job descriptions. No one wants to work with robots. The tone you give will set you apart and allow potential candidates to get a better understanding of how they would fit in to your company. Another element to keep in mind is to focus on the reader rather than the employer.

Make it easy to apply. Think of your job description as a sales pitch and use a call to action to encourage candidates to apply. Also, if an application is too long or complicated, some applicants may not bother reading the application all the way through. Lastly, make sure you include up-to-date contact information so potential candidates can get a hold of someone at your company easily if they want to apply.

Let Professional Employer Resources, Inc. (PER) assist with your employment business needs. Our trained professionals are ready to assist you with outstanding services in payroll, workers’ compensation, benefits as well as human resource tasks such as creating job descriptions and job offer letters. For more information on all the services we offer for your business, call us toll-free at 888-599-4991.

 

Understanding Ancillary Benefits

Understanding Ancillary Benefits

Ancillary benefits provide supportive coverage that is layered on top ancillary benefitsof your traditional health insurance. Together with ancillary benefits, your health insurance coverage is more comprehensive and thorough.

Unique Benefits of Ancillary Insurance

Employers typically provide ancillary benefits to their employees, which will usually include dental, vision care, and life insurance.  Employers should consider their ability to access group pricing discounts and the advantages of a PEO administrator.

For the Employees

Employee health is an integral factor when it comes to employee autonomy and turnover rates – it also directly impacts an employee’s performance.  Ancillary insurance covers aspects of health that are sometimes overlooked. For example, the onset of computers and tablets creates eye strain, with data pointing toward it contributing to blurry eyesight over time. Dental care can also reveal underlying health problems that may require additional treatment. Scenarios such as these are where ancillary insurance steps in to help.

However, some employees may not know about ancillary benefits or are finally in a position to provide a secondary form of insurance for interested employees. Professional Employer Resources, Inc. offers ancillary benefits, as well as administrative relief and liability management when enacting these types of benefits. The onboarding process of additional forms of insurance can be laborious and riddled with costly mistakes – do it right the first time by contacting Professional Employer Resources, Inc. today at 888-599-4991.

The Importance of a 401k Plan

The Importance of a 401k Plan

To properly prepare for retirement, it is crucial that employees have access to a decent 401k plan.  Particularly as it is becoming less likely that employees will receive a pension from their employer, 401ks now do all the heavy lifting when it comes to saving up for retirement.

Benefits for Both

Since many employers will match your 401k contributions anywhere from 1%-6%, it is wise as an employee to contribute as much as you can to your fund. Additionally, the money you store in your 401k will not be taxed, allowing you to provide the maximum amount possible. Other benefits 401ks include:

  • Compounding interest means exponential savings in the long run
  • You can invest more in a 401k than an IRA account
  • You get not one, but two tax breaks with a 401k
  • Your employer will automatically remove the savings you want to be placed in your 401k, so you don’t have to worry about it

As an employer, it is a good idea to offer benefits like a 401k to your employees because it will boost work morale. A company that shows how grateful they are for all the hard work their staff dedicates to their jobs will, in turn, drive their workers to continue to perform exceptionally, and even try to surpass that.

Why Does it Matter

While employees may choose to invest in an individual retirement account (IRA), savings must be aggressive and disciplined to acquire an amount close to what a 401k could give you. While an IRA account consists of only your savings, a 401k includes, essentially, free money from your employer. It is widely accepted now that Social Security will not be enough to live off of, as it only provides one-third of your income. Since you will need about seventy to ninety percent of your income to live comfortably in retirement, a 401k is essential.

Partner with Us

For help creating a 401k plan that is beneficial to both employees and employers, partner with the professionals at PER. We can help you manage and distribute any HR benefits to your employees, so you can focus more on what really matters for your business. To learn more about our services, call us today at 888.599.4991.

What is a Credit Union and Why are They Beneficial?

What is a Credit Union and Why are They Beneficial?

Credit Unions differ from banks in that they are “not-for-profit” organizations instead of companies seeking to earn a profit. This detail means the way a union is run can change the way services are offered to its members. Some people prefer to use a credit union over a bank for the following reasons:

  1. Lower Loan Rates. Since unions aren’t looking to make a profit from you as a customer, they can offer you loans with less interest. In fact, a June 2014 study by the National Credit Union Association shows unions have an average interest rate of 2.64% while most major banks average at 4.78%.
  2. More Control. The structures of credit unions are cooperative, meaning they are owned and operated by their members. Once you join a union, you will be granted voting rights and may even receive benefits like conducting transactions at other branches or reimbursement for ATM use.
  3. Better Incentives. Since credit unions can run at a much lower cost, they can pass on their savings to members in the form of benefits like free checking accounts with no constraints of minimum balances or no extra charges if you happen to overdraft.
  4. Transparency. Because credit unions don’t need to make a profit, many people feel as though they can trust a union’s intentions more than a big bank’s. A credit union will always have its members’ interests at heart because they are the ones at the core of the operation.   

Partner With Us

When you work with a PEO company like PER, we can assist with the grueling tasks that HR presents for your business. We offer access to a credit union for all your employees, so they can enjoy all the benefits of being a member. Let us assist with the HR headaches so you increase your focus on what is really important to your company. To learn more about the services we offer, call us today at 888.599.4991.

 

Cutting Costs by Partnering with a PEO

Cutting Costs by Partnering with a PEO

Business owners all know firsthand that there is no lacking of hard work that must be put into running a company. Between paperwork, handling new employees, communicating with clients, and countless more tasks, the work seems endless. Worst of all, with the incredible amount of administrative work that you are swarmed with for the day-to-day running of your business, you may find yourself with no time to get to the work that you would rather be doing. This is where a professional employer organization (PEO) can benefit you.

Assistance with Benefits

Because a PEO operates as a partnership with its clients, it brings with it the benefit of operating as a larger entity. For instance, when looking to offer benefits to your employees, it can be more expensive for a small company to purchase insurance for ten employees than it would be for a large company to purchase insurance for 1,000 employees. Since a PEO has several clients with several employees, the PEO can offer insurance across the board to all of its clients at the low rate that a larger company would have. That higher buying power saves your company money while proving your valuable employees with the coverage they deserve. Varying by state, the savings from hiring a PEO can be as high as $2400/employee, but the savings don’t stop there. Because of their high buying power, a PEO can also provide 401k programs along with many other perks such as dental insurance.

Maximizing Your Efficiency by Handling Compliance

Compliance describes a very specific set of rules required by the government to run a business. From worker’s compensation to tax forms, the list is long and complicated. So complicated in fact that it would be unwise and costly to hire employees or even whole departments for all of the aspects within it. A PEO reduces those needs by providing expert guidance for all of the rules and regulations encompassed within employment and labor compliance.

Minimize Your Costs with PER

A partnership with a PEO has amazing benefits that cannot simply be glanced over. When starting a business and looking to reduce your costs, consider how easy running your business will be after partnering with Professional Employer Resources (PER). We offer assistance in all of your administrative needs such as payroll, workers’ compensation, human resources, employee benefits, and so much more. For more information, call us today at 888-599-4991 and receive a cost-free analysis.

PER Human Resources – June 2016 Newsletter

PER Human Resources – June 2016 Newsletter