If you’re a small or medium sized business, you’ve likely considered whether or not a PEO would be worth the money. The fact is, PEOs can be extremely useful under the right circumstances. But how do you know when it’s time to make the decision and start using PEO services for your business?
What is a PEO? If you’ve never considered PEO services, you might be wondering what we’re talking about. A PEO is a Professional Employer Organization. What PEOs do is handle the back-end office stuff so you don’t have to. Things like human resources, benefits, compliance, worker’s comp, and payroll can be handled by a PEO. If You’re a Busy Small Business If your business is small and you hardly have time for anything, which is the case for most small businesses, then you definitely don’t have time to handle everything a PEO can do. You also probably don’t have the resources to hire full-time employees to handle all those tasks. In this case, PEO services will likely be a more affordable option and you can guarantee that all of these tasks are done right. No oversight is needed on your end, as the PEO will take care of everything. You’re Getting Your Company Off the Ground When you get into the weeds of compliance, HR, payroll, and all of those other tasks, it can be extremely overwhelming. If you’re just starting to get your business off the ground, attempting to take on all of this is going to seem nearly impossible, especially if you don’t have experience in these areas. With a PEO service, you don’t have to learn any of this. They’ll be able to handle everything so you can focus on the bigger picture and grow your company. Choosing PEO Services The choice to hire a PEO service is ultimately up to you, but if you’re beginning to feel overwhelmed with the tasks they can handle, or you simply can’t afford to do them in-house, then it’s time to let a PEO take over. You’ll be surprised at how much simpler and easier things can be and how smoothly everything runs with the help of a good PEO service. Find the best payroll software visiting this website.
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If you’re a small business, then time is extremely valuable. That’s why it’s a good idea to keep accurate data about where and how time is being spent. This gives you great insight about how your business is working, where you can optimize time, how much money you should be charging for services, and much more. Here are a few of the best time trackers for small businesses:
Features You Should Seek Out Before we dive into some of the best time tracker options, let’s take a look at some of the features you should expect your software to include:
Harvest Harvest is a great option for organizing and getting your team on the same page. Harvest easily installs in your browser, on mobile devices, and on desktops. You can easily connect Harvest with a variety of other apps, allowing you versatility with how you use it. Harvest is a fairly affordable option with $12 per user being the base price. Everhour Everhour also has plenty of options that come in handy for small teams. Its team availability functionality lets you see who is available and when, so you can save time trying to communicate and schedule. Everhour has a desktop app, mobile app, and browser extension. Everhour starts at free for 5 users and is $5 per month for every user after. Rippling Rippling saves you a ton of time by automating time tracking. Rippling has a variety of time tracking features that make managing teams much easier. Features like trend visualization, overtime notifications, payroll functionality and much more. Rippling starts at $8 per month per user. If you need the best applicant tracking system, visit this website. |
AuthorEmily Clarke writes about employee management, benefits and payroll service. Archives
December 2021
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