Category: Claims
Claims
Restaurant Employee Benefit Service Tips For the Small Restaurant
Small restaurant owners often find it difficult to compete for talent with larger restaurants regarding employee benefits. In an industry where 100-precent yearly turnover is the norm, most independent restaurants do not offer extensive benefits packages. By outsourcing your payroll and HR responsibilities to a professional employer organization (PEO), a small restaurant can level the playing field, and offer its employees the same benefits as a chain.
Frequently, things as small as direct deposit and a small benefit plans for dental and vision contribute to increased employee retention. Many restaurants see a change by letting an employee benefits service focus on these things for them.
Lower Premiums
The economies of scale provided by PEOs are helpful when procuring and administering health insurance benefits. By pulling all of its clients’ insurance premiums together and aggregating all of its worksite employ ...
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Employee Benefits Cost Advantages to Restaurants that outsource HR
When a restaurant considers outsourcing its HR functions, it normally takes into account some estimated employee benefits cost advantages. But many of the advantages go beyond having your employees take advantage of group benefits rates through the PEO company.
By using an outsource, restaurant owners can relieve themselves of the costly administrative burdens of managing:
Claims management
Direct Deposits
Payroll Taxes
Applying the complex laws governing wages and tips that can make managing restaurant payrolls extremely difficult to manage.
A PEO can help reduce the employee benefits cost and the risk of compliance penalties through:
Arranging for competitive health coverage.
Creating a I-9 compliance evaluation, which ensures that all employees are compliant with INS regulations and avoiding penalties.
Performing a payroll process audit to make recommendations to st ...
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Slip and Fall Workmans Comp – Tips for Risk Management for Restaurant Business Owners
Slip and Fall Workmans comp insurance covers the slips and falls, as well as occasional accidents, but accounts for one the fastest growing labor costs. Premiums for workmans comp have risen 50 percent nationwide in the last three years - the fastest pace in a decade, according to the New York City-based Insurance Information Institute.
Due to food handling and preparation, restaurants have to comply with more regulations and compliance issues than ninety percent of the general business population.
Today workplace health and safety is more crucial than ever before to a small business’s long-term success. Dealing with the unexpected, the Swine Flu scare, along with constant recession-driven layoffs, is driving the cost of workers’ compensation premiums.
Workmans Comp accidents cost money such as direct costs:
Medical expenses
Compensation expenses
There are indirect costs as w ...
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Are your discrimination claims going up? You need a HR partner. Here’s why.
USA Today recently ran an informative article, based on recently release EEOC data, on why your discrimination claims are going up. Understanding the effects of recent market and discrimination law changes will help you better prepare for what’s ahead for you.
Contributing Factors to more claims:
Changes to the Americans with Disabilities Act last year made it easier for people with treatable conditions to say they are disabled (epilepsy, diabetes, etc.) Legislation signed into law by President George W. Bush before he left office directs courts to apply the definition of disability more generously.
We have a more diverse workplace with people from all over the world and made up of many races.
The economic environment seems to be contributing to employees being more aware of their rights.
Changes at the EEOC filing processes (and EEOC website) have been made it easier for an employees to learn abou ...
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Why national unemployment levels mean legal hassles for you.
As a business owner, you should understand that a significant level of unemployment is the largest predictor of an increase in employee lawsuits relative.
Understandably, employers face difficult questions and concerns during a weakened economy
What is the process for an employee’s layoff?
Which employment laws are relevant?
How can I avoid an employee lawsuit?
How do I combat lowered employee morale?
A downsizing employer is expected to navigate a complex legal and human resources minefield, and must get its answers right the first time. Employers will increasingly seek legal guidance to minimize risk when answering these critical questions and dealing with laws.
You may need compliance assistance (or a shoulder to cry on) during an isolated layoff,
You should develop a strategic reduction-in-force plan while consulting your legal resources. In this way, you can avoid looming legal hassles that are charac ...
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