Category Archives: Blog

When Should I Give Employees a Raise?

When Should I Give Employees a Raise?

When Should I Give Employees a Raise?

Employees who work hard, stay late, and come in early aren’t going to continue going above and beyond forever—unless you find ways to sweeten their deal. If you want to know how to keep your best performing their best, you must learn when it’s time to tweak their take-home pay.

Measure Length of Employment

The longer an employee works for your company, the more money you’ll save in turnover fees like training, onboarding, and benefit enrollment. These long-term savings make your senior employees top candidates for wage raises. So, when deciding when and how much of a raise to give to certain staff members, weigh their tenure in your decision. To consistently reward the ones that remain, consider setting company milestone raises at five, ten, and fifteen years of employment.

Analyze Employee Performance

If an employee is exceeding in every part of their position, making an impact in other areas of your business, and adding undeniable value to your company, they undoubtedly deserve some compensation. To make sure that your assessment is fair for each worker, design a performance evaluation sheet and determine how often you want to evaluate your employees. Whether you use it annually or every sixth months, you can use performance evaluation to score your staff in each section of their position and even allocate a raise percentage to their performance.

Teach Employees New Skills

Rather than hiring a specialist to cover a new area of business, you can train one of your existing employees and increase their wages to compensate for the new skills. Even the combined cost of training and a wage increase is an often-stronger payroll solution than hiring a new employee altogether. To get the best estimate of how much their new skill is worth, check the average salaries for individuals in similar positions and consider raising your employee’s wages to close the gap.

Determine the Alternatives to Raises

Money matters, but it isn’t everything. If you aren’t able to dedicate the amount that you feel is fair to employee raises, consider showing your appreciation in other ways. For example, employees often weigh company benefits over salary when considering their job satisfaction, and they are a more affordable investment than individual raises. Likewise, bonuses are a short-term boost in income that can make your employees feel valued without adding long-term expenses.

Payroll Solutions for Your Business

As your business grows, your employees do too—which makes it even harder to come up with ways to keep every employee satisfied. If you’re looking for smart strategies to keep everyone on your payroll satisfied, partner with Professional Employer Resources (PER). We can provide a range of payroll solutions to your business and handle any changes in your staff’s wages. For more information on our payroll services, call us today at 888-599-4991.

The Importance of Offering Employee Benefits

The Importance of Offering Employee Benefits

The Importance of Offering Employee Benefits

Turns out, the best way to reel in and retain the right hire is to offer a prime benefits package. In fact, 80% of employees would stay with an employer who offered benefits rather than move to one who didn’t—even if the other employer offered a position with more pay. To help employers understand the importance of offering employee medical coverage and other incentives, here are three major areas of business that benefit from employee benefits.

Employee Interest

When you’re looking to fill a position at your company, you’re going to interview and be interviewed by candidates. That means, while you’re looking for the best candidates, the best candidates are evaluating whether your offer matches their wants and needs. Without an employee benefits package, you’re at risk of losing some highly skilled applicants to other companies. Nearly 30% of employees will reject a job offer if the benefits don’t meet their expectations, which severely limits your company even if you offer a strong salary.

Employee Satisfaction

Offering benefits isn’t just a great way to attract preferred candidates to your company; it’s also a significant factor in keeping your employees happy long after the onboarding process ends. Almost 50% of small-business employees found employee benefits to be either extremely or very important to their workplace happiness, which means the right benefits will put the right employees at your location and improve their job satisfaction.

Employee Turnover

Studies have shown that employee benefits have a strong connection to employee turnover. Roughly half of employees listed benefits as an important factor that keeps them from leaving their current employer, which makes benefits a top priority for retention. So, if you want to decrease the employee turnover in your business, you’ll need to offer a worthwhile reason to stay.

Securing Benefits for Your Employees

No business owner should have to break the bank to bring in top talent. Instead of outbidding your competition and offering a salary that’s out of range for your budget, entice your applicants with a benefits package that provides more value with less cost to you. At Professional Employer Resources, we offer a range of employee benefits so you can customize a perfect package for your staff. You can supply your staff with a range of options including health, vision, dental, and life insurance to cover all the important areas of their wellbeing. To start creating your benefits package today, call 888-599-4991.

How HR Makes Employment More Profitable

How HR Makes Employment More Profitable

With professional human resources, you don’t have to make a huge business investment to get a worthwhile return.

Although Human Resources (HR) is just as important to employees as it is to the bottom line, most small to mid-sized businesses don’t have enough assets to design a proper HR department.

If you want to take your profitability and functionality to new levels, here are a few reasons to consider investing in professional human resources services.

Improved Employee On-boarding

Recruitment is one of the first things that loses priority when there aren’t enough HR resources available. However, failing to focus on recruitment creates a domino effect that jeopardizes other parts of your business. Hiring the wrong candidates can take up extra training time, which drops the profitability of your business.

Professional human resources providers offer solutions to bring the best applicants to your office and effectively guide them through the hiring process. HR providers create job descriptions and draft offer letters to ensure that the right employees receive transparent and complete guidelines for their positions.

Low Turnover and High Performance

Hiring the wrong employees or failing to provide a satisfactory work environment negatively impacts your profits in more ways than one. Poor performance leads to mistakes, which cost money. And, constant workplace hiccups can drive staff to search for employment elsewhere.

HR providers design award programs that recognize employee performance, initiative, and dedication. This improves staff morale, which translates back into the work they provide. When employees are functioning efficiently and feeling satisfied with their workplace, they are less likely to relocate or seek new positions.

Minimal Employee and Legal Liability

Every business owner tries his or her best to avoid legal fees. Hiring an attorney and scheduling time away from your business can really set a business back. However, it can be almost impossible to avoid risk if your HR department isn’t functioning at full capacity.

Fortunately, working with an HR provider minimizes a lot of company liabilities. HR providers offer services that provide company and employee insurance in the event of on-the-job accidents or emergencies.

A Professional Human Resources Solution

As an experienced HR provider, Professional Employer Resources (PER) brings quality HR initiatives to every partner. We offer professional human resources services that improve profitability and increase efficiency throughout your business. For more information or a free cost analysis, call us today at 888-599-4991.

The Pros of Working with a Professional Employer Organization

The Pros of Working with a Professional Employer Organization

If you’re new to the world of co-employment and professional employer services, you’re probably still getting familiar with professional employer organizations (PEOs).

Although you may understand the technical function of these entities, you might still be on the fence about whether or not to partner with one.

So, let’s take a look at all the benefits of doing business with a PEO.

Administrative Aid

Many companies turn to PEOs for complete administrative relief. PEOs provide information packets, on-boarding literature for new hires, immigration service forms, and tax deposits for employees. They also help manage employees by handling staff files, issuing W-4s and I-9s, and distributing company benefit information.

PEOs also draft quarterly reports to analyze key metrics and evaluate specific quality standards. And, an experienced PEO even conducts annual internal audits to verify compliance and measure the effectiveness and accuracy of each service.

Lower Liability

With countless employee-related liabilities, like EEOC, OSHA compliance, Affordable Care Act, and Americans with Disabilities Act, business owners have more staff risks to address and less time to effectively do so. Working with a PEO is a great way to ensure that every area of your business meets government compliance.

By working with a PEO, your business has access to specialized benefits designed to minimize employee liabilities, such as workers’ compensation.

Human Resources Relief

Human resources is a vital department to a healthy business. HR gives employees a place to voice their concerns, update their personal statuses, and address any job-related inquiries. However, not every business owner has the experience or time to fully dedicate enough resources to HR.

Fortunately, PEOs offer HR services that decrease employee liability and drive employee performance. PEOs assist businesses with employee on-boarding, termination, and counseling. They also compile policies and procedures, and provide guidance with employee discipline to ensure that quality standards are under control.

Your Professional Employer Services Partner

The right PEO partner can educate your business and elevate its productivity. Since 1997, Professional Employer Resources (PER) has partnered with small to mid-size businesses to deliver a series of professional employer services. If you’re ready to maximize your business’s productivity and minimize the administrative, HR, and employee liability tasks that come with it, contact us today at 888-599-4991.

What Is Human Resources?

What Is Human Resources?

As more than just a point of contact to update marital status, change company life insurance beneficiaries, or request vacation time, Human Resources (HR) is the department that manages virtually everything related to your employees.

From the first introduction to the last paycheck, HR addresses employee concerns, improves communication, and provides consultation that enhances company culture.

So, let’s take a deeper look at the HR services that make every day more efficient and convenient for you and your workers.

Records Administration

HR departments are responsible for maintaining and storing employee records as a part of records administration.

Records administration also includes the safe destruction of employee files once the facility has reached retention limits.

Federal and State Compliance

Compliance and regulation are large parts of HR. HR departments must adhere to government regulations such as FLSA, EEOC, I-9, and ADA.

The member of an HR department may also assist with investigations in partnership with the federal government to further these regulations.

Human Resource Forms

HR drafts and provides most of the forms that employees must complete during their time with your company. And, every employee must consult HR in order to make the changes or updates on these forms.

Whether a worker wants to request time off or change their company mailing address, they must reach out to HR.

Wage and Salary Information

The HR department doesn’t only provide solutions to active employees. HR can also design job descriptions, draft job offer letters, and classify employees during the hiring process.

Similarly, when an employee is leaving, HR can deliver severance agreements and provide documents for the termination process.

Management Consulting

Promoting company culture and improving employee morale is another one of the ways that HR makes a difference to internal performance.

HR is a strong reference when developing health and wellness training programs for employees, such as sexual harassment training, safety training, and performance training.

Find the Right HR Provider

The many roles of an HR department are often too much for a business owner to tackle on top of everyday duties. Fortunately,

Professional Employer Resources is a seasoned HR Provider that can assist with the tasks above and provide many other employee solutions. Contact us today for more information and to receive a complimentary cost analysis.

How Does Co-Employment Help Your Business?

How Does Co-Employment Help Your Business?

When you started your business, did you picture driving the day-to-day operations that grew your business and providing value to clients? Or, did you envision yourself weighed down by HR responsibilities that unexpectedly grew each day?

If you want to encourage the former and relieve the latter, consider adopting co-employment plan.

A co-employment plan is an agreement between your business and a professional employer organization (PEO) in which both parties co-employ your workers.

In this relationship, the PEO is responsible for the payroll and tax obligations of your business, while you continue to hold responsibility for the direction of your business plan and daily operations.

If you’re looking to improve control over of your small to mid-sized business, here’s a look at the benefits that you’ll experience with co-employment.

Improved Benefits

A great way to reduce employee turnover, attract the best candidates, and improve company morale is to provide great benefit packages.

Because PEO’s are larger companies supplying benefits to multiple businesses, they are able to secure quality insurance benefits at a lower cost to your company.

Working with a PEO means that you’ll be eligible to provide employees with exceptional benefits, including health, dental, life, and 401K.

Managed Time

As a business owner, you may feel overwhelmed by the amount of time that payroll, taxes, and insurance can absorb.

Co-employment allows you to focus more on your day-to-day operations by handling responsibilities in records administration, HR forms, and much more.

Reduced Expenses

Co-employment relieves the financial constraints that keep you from growing your business.

Multiple employer plans relieve the need to rely on multiple vendors, which cuts your additional costs associated with legal fees, documents, payroll, and accounting.

Retained Control

Perhaps the most important aspect of co-employment is the ability to retain control over the direction of your business.

With a co-employment agreement, you can still drive most functions of your business, including the compensation of each employee, performance management, and hiring/firing.

The Right Co-Employment Partner

The benefits listed above are just a fraction of the possibilities that a multiple employer plan can provide for your business. If you’re looking for the right partner to co-employ your workers, contact the team at Professional Employer Resources.

As an experienced PEO company, we can assist with your HR practices and supply solutions to help maximize your business’s productivity. For more information, contact us today at 888-599-4991.

Why You Should Use Pre-Employment Testing

Why You Should Use Pre-Employment Testing

A lot of people don’t understand how much time hiring a new person is. You can’t just hire anyone that walks in off the street – you need someone who can come in and provide value for your company.

It takes days to sort through resumes, applications, cover letters, and emails to find quality candidates. Then, it takes hours to meet with all potential candidates to make sure they are a good fit with the work culture and your current team.

Fortunately, there is a tool that can save you time and make the process significantly easier: pre-employment testing.

What is it?

Pre-employment testing can help employers find better matches for positions they need to fill by assessing candidates in several ways.

But what counts as a pre-employment test? A pre-employment test can be anything from a background check, a personality test, or even a skill test.  Some can help gauge work ability while others can give insight on a candidate’s confidence in specific situations.

When is it administered?

Most pre-employment tests usually take place before the initial interview, adding a preliminary screening step that will help narrow down the interview pool. In some cases, it is the very next step after an application or resume is identified as a potentially good fit.

Based on the answers given on the test, you can weed out unsatisfactory applicants, leaving you more time to interview only the best candidates.

What are the benefits?

The biggest benefit from utilizing pre-employment testing is the time it saves. With a narrower selection comes less face to face interviews and a lighter strain on your resources.

The testing is also objective, which helps to eliminate bias and focus solely on the quality and skills you’re searching for. In addition, testing maintains focus on the subject at hand while gathering necessary information, making it more straightforward than a lot interviews.

Another great way to save time and focus on running your business is to hire Professional Employer Resources. We can help you with payroll administration, benefits packaging, and even assist you with your recruitment process. Get in touch with us for a free cost analysis today.

How to Minimize Employee Burnout

How to Minimize Employee Burnout

Have you noticed a dip in productivity from your employees? Low morale and an increase in tardiness? These may be signs that you’re dealing with employee burnout.

Getting to the bottom of employee burnout can be tricky, since there are many different things that can cause it. Burnout can happen due to an overbearing workload, a high-stress work environment, or even a lack of guidance and feedback.

If you can’t figure out how to reinvigorate your employees, burnout can bring down your whole team, hamper productivity, and even cause health problems for your workers.

Fortunately, there are a few steps you can take to minimize and alleviate burnout before it escalates.

  1. Manage Workload

Be sure to keep an eye on how much work you are giving to each employee. Of course, every employee still has to perform their role, but piling on too much at once is counterproductive and can end up hurting everyone in the long run.

  1. Offer Competitive Wages

Sometimes burnout is caused by circumstances outside of the workplace. Added stress to make ends meet can be just as exhausting as completing a mountain of projects in a short period. By assuring that your wages are competitive, you allow employees to focus more on their work and worry less about external circumstances.

  1. Guidance and Recognition

Providing clear instructions and guidance can help minimize burnout. When your employees understand how to complete their assignments, it eases stress and allows for more satisfying results for both you and your workers. When a job is well done, don’t shy away from recognizing your employees. The extra bit of reward can help to motivate your team and boost morale.

  1. Modify the Workplace Environment

The physical environment of your workplace can also take a toll on your employees. Try monitoring the office temperature, changing the amount of noise, or even adjust the lighting to make everyone more comfortable.

  1. Be More Flexible

Most people are more willing to work with those that are willing to work with them. Consider increasing flexibility with your work-from-home policy or with time off. That added flexibility allows your workers more breathing room and can help them feel less stressed.

Bonus tip: Prevent yourself from burning out by partnering with Professional Employer Resources. We help business owners with a variety of tasks including payroll, human resources, and providing benefits. Let us do the extra work so you can focus on running your business. Contact us today for a free cost analysis.

The Most Sought After Company Benefits

The Most Sought After Company Benefits

A generous benefits package is the best strategy to attract and retain talent. Google is famous for their over-the-top perks such as lunch made by professional chefs, haircuts, biweekly massages, and yoga classes, while Twitter offers acupuncture and wellness classes to employees. While not all companies can manage to afford such unusual perks and benefits, it’s evident that employees often prefer such benefits over a pay raise. Therefore, you don’t need to break the bank to keep your employees happy. Here are some most sought-after company benefits that will help you attract and retain quality talent.

Telecommuting and Flexible Working Arrangements

Remote working capabilities and flexible scheduling are some of the main perks that employees favor. In fact, according to Dice.com, the capability to work from home is more valuable to tech pros compared to increased compensation. While a pay cut might not be a perk, most tech pros were willing to cut their wages by a certain percentage to be able to work remotely.

Paid Family Leave

Paid family leave for caregivers and parents is perhaps the most coveted of all benefits for those with a family. According to the Society for Human Resource Management, the number of employers offering paid parental leave increased from 26% in 2016 to 35% in 2018. The rates of surrogacy, adoption, and foster children also increased.

Career Training and Development

Career and professional development seem to be a priority for most employees looking to sharpen their skills and move fast in the job market. A third of employees expressively seek for opportunities for advancement as a job perk.

Wellness Programs

Statistics show that companies offering wellness programs fill job vacancies 19.7 days faster than companies without this benefit program. Companies do not necessarily have to provide an on-site gym, nutritionist, or enrollment in a weight control program, but such perks are lucrative to potential hires.

Other attractive benefits and perks sought by employees include:

  • Student loan repayment
  • Healthy lifestyle and coaching
  • Financial planning resources
  • Pet-friendly environment and pet insurance

Professional Employer Resources can make your employment business needs seamless. Let our professional employer resources keep efficiency as streamlined as can be. PER specializes in daily business administration needs such as payroll and benefits disbursement and directly bridge the resources required to improve the productivity of your business. For more information on some of the services we provide and how they can be best used for your business check out our FAQs page or give us a call at 888-599-4991.

4 Reasons You Need a Payroll Company for Your Business

4 Reasons You Need a Payroll Company for Your Business

Running a successful business venture is a complex process. There are many intricate and essential operations that you must see through on a daily basis. Savvy investors know and appreciate the value of delegating some of the core business processes to third parties. After all, there’s no way you can function as the accountant, customer care staff, and CEO at the same time.

Outsourcing your businesses’ core operations has many advantages, the most notable upside being that you significantly reduce your overall costs while improving your efficiency. Here are the top reasons you need to outsource your business’ payroll management.

Fewer Staff

By partnering up with remote payroll providers, you’ll effectively be reducing the total number of employees at your physical offices. Hiring a payroll management provider exempts you from having to cater to costs like paying medical insurance and other employee-related perks.

Easy Recruiting

Hiring and managing staff is often a daunting task, even for seasoned recruiters. To avoid getting frustrated by tiresome hiring decisions, many businesses use applicant management software. True, this software is expensive to acquire and set-up, but once that step is passed, you’ll never again have to worry about performing background checks on your prospective employees.

Streamlining HR

Payroll management providers will save you from the stresses associated with tracking and monitoring your employee’s progress. With one simple touch of a button, you’ll be able to view all the essential analytics of a particular employee on the intuitive software. If you run into any HR–related issues, you have the excellent option of outsourcing for solutions from the reliable live team support.

Beating Fines and Penalties

Many times, small business owners get so overwhelmed with the minutia associated with their ventures that they forget to file their taxes. Additionally, entrepreneurs get so busy with other business concerns that they fail to renew certain licenses. If that happens, then you, as the business owner, will find yourself in deep trouble with the law and will consequently have to pay huge fines and other payroll penalties. Avoid such costly complications by relying on proper payroll management services.

Get Professional Payroll Services

For efficient and competitively-priced payroll streamlining services, look no further than PER. An experienced PEO company, PER that offers tailor-made services to suit and reflect your business needs and desires. To get professional administrative, workers’ compensation, and payroll management services today, call PER at 888-599-4991.