SAN FRANCISCO, CA, March 30, 2011 (Press-News.org) A white paper written by the two Managing Directors of BayPoint Benefits, Brian Hassan and Justin Roberts, was recently featured in Business & Legal Reports, Inc. In the white paper, these employee benefits experts write about the unseen expenditures of PEOs as well as making it a point to be knowledgeable on the rewards and disadvantages of this employee agreement.
The paper discusses how someone running a business gains knowledge on how to comply with various federal and state employment regulations? It's a key dilemma for any person in business, mainly the owner of a small business who is deeply involved with growing the business. For individuals who are seeking the assistance with compliance issues, the professional employer organization (PEO) can be a welcoming ally. PEO professionals can aid the business operator to help them gain a better understanding of the laws as well as generate an employee handbook that includes policies required by law.
"As a human resources outsourcing and benefits administration specialists, BayPoint makes it there mission to discuss the chief parts in making a decision about whether or not to continue with a PEO and are the providing the education and understanding with regards to their business endeavors. Companies need to decide from a business standpoint, looking at hard dollar and soft dollar costs, what is the best fit for their organization," says BayPoint Managing Director Brian Hassan. "If you are currently in the midst of reading this, stop for a moment and think, have you ever thought of the costs involved? It is a very easy scenario to talk about savings and planning strategies to help with this, but it's even more crucial to take a look at the precise costs and how they are affecting your business. Having a better understanding of the types of services you are purchasing is the most important facet of the education process."
PEOs work closely together with company owners to create and follow HR practices that meet the terms with current laws on hiring, firing and disciplining employees. For example, a PEO can offer professional direction with respect to formulating compensation so that it pertains to the local, state and federal laws. The PEO can additionally offer assistance with the rules and practices surrounding criminal and credit background checks, the Americans with Disabilities Act (ADA), the Age Discrimination in Employment Act, COBRA, ERISA, and the other multifaceted rules pertaining to 401(k) plans, such as the safe-harbor and nondiscrimination-testing provisions.
About BayPoint Benefits:
BayPoint Benefits is a San Francisco-based health insurance, offering HR, PEO and benefits consultation services; BayPoint Benefits is an employee benefits company with a focus on health plans and benefits insurance solutions for businesses nationwide.
Website: http://www.baypointbenefits.com
BayPoint Benefits White Paper Featured in Business & Legal Reports, Inc.
A white paper written by the two Managing Directors of BayPoint Benefits, Brian Hassan and Justin Roberts, was recently featured in Business & Legal Reports, Inc.
2011-03-30
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[Press-News.org] BayPoint Benefits White Paper Featured in Business & Legal Reports, Inc.A white paper written by the two Managing Directors of BayPoint Benefits, Brian Hassan and Justin Roberts, was recently featured in Business & Legal Reports, Inc.