Here are this week’s links to a few good stories that we found and selected because we feel they might add valuable insights and perspectives for small to medium size businesses.
All of this week’s links comes through the courtesy of the National Association of Professional Employer Organizations (NAPEO). Next week, NAPEO will hold its annual conference in Miami that will also celebrate its 30th year as a trade organization. Genesis has been a proud member since 1991.
• We hesitate to think that the PEO offering is anything new. And while the title of Steven Hacker’s article A New Way of Looking at Human Resources: Professional Employer Organizations might be off on the timing a bit (30 years doesn’t make the offering very “new”), we concur with his view that a PEO partnership makes great sense for many businesses.
• Huffington Post published an article recently that promotes five good reasons to partner with a Professional Employer Organization (PEO) in Why You Need HR:
- o Compliance
- o Culture Impact
- o HR Awareness
- o HR Sounding Board
- o Cost Savings
We agree, but would add one more very important component: If you partner with a PEO, make sure that each and every component of the service offering is clearly defined. Full disclosure invoicing is clear, concise and honest. Insist on nothing less.
• Lastly, when an employee separates from an employer, it is the business owner’s responsibility to provide notice of the worker’s rights to extend employee benefits. A court ruled recently that the notice need not be in writing. We don’t recommend it, and neither does Kathleen Koster, writing for the Health Insurance Exchange. We believe the “belt and suspenders” approach is always advisable when it comes to COBRA issues. Read Verbal COBRA notice sufficient, but still risky to learn more.
For more information on this topic, please reach out to Genesis HR Solutions at AskUs@genesishrsolutions.com or 800-367-8367.
Genesis HR Solutions is the premier PEO provider for Massachusetts based businesses.