Health care and the Election

Tuesday, November 2, 2010 by Stephen Day

Strategic Human Resources must be taken into consideration with most small to medium sized businesses.  Top PEO’s. like Management 2000, can help solve this concern..   Due to the fact that health care prices have been increasing, PEO's have made finding the best coverage for the best price a priority for each of their member clients.  As opposed to most normal health brokers, PEO’s also put emphasis on Human Resources Outsourcing Service to keep business on the road to compliance and avoiding the pitfalls of confusing employment law. 

Today is Election Day across the country.  Health care is a big factor in this year’s election.   Management 2000, Indiana’s leading PEO, encourages all eligible citizens to exercise their right to vote today.  We encourage you to vote for leaders who remember that small business is the backbone of jobs and the engine for the American economy.  


  

Human Resources Help - Compensation

Monday, August 2, 2010 by Human Resources

According to a recent WorldatWork survey, employers plan a 2.5 percent average increase in salary budgets next year, with average raises of up to 0.7 percent projected for low performers, 2.4 percent for middle performers, and 3.7 percent for top performers.  Employee compensation is a critical factor in both recruiting and retention strategies.  Appropriate pay rates depend on many factors, including industry averages and other benefits offered by a particular employer.  

While employers should review compensation on a periodic basis, this is a time consuming task that is often overlooked. Management 2000, an Indiana PEO, can help.   Management 2000 has the HR management tools necessary to develop effective compensation packages tailored to individual employers’ needs.  For more information about the many human resource management services provided by Management 2000’s HR Department, call (317-549-2000 or visit www.management2000.com.  

Employers Healthcare Costs Projected to Rise 9% in 2011

Tuesday, July 13, 2010 by

In a time of much uncertainty surrounding the healthcare reform, according to a June 14th PricewaterhouseCoopers, 'Behind the Numbers Report', employer costs are estimated to increase around 9%.  The good news is this is a drop of 0.5% from 2010 growth rate.  What are the primary contributors?

On the encouraging side, there are three areas expected to deflat or hold medical costs:
  • Pre-managed care design that increases deductibles and replacing co-pays with co-insurnance. 
  • Drugs costs cooled by expansion of generic drug portfolio. High volume drugs such as Lipitor patents expire in 2011.
  • COBRA costs expected to level off.  (side note: Congress has introduced an extension of the subsidy, legislation (S. 3548), that would reinstate through 11/30/2010).
The primary drivers for the inflating costs will be:
  • Hospitals and Physicians move costs from Medicare to private payers/employers. This will be the top reason for higher costs.
  • Care-provider consolidation.  Private practices will decrease while groups emerge.
  • 2011 Stimulus funds will launch electronic hospital records implementations to  avoid 2015 Medicare penalties. This will be a billion dollar invest in to technology.  
Although the primary drivers are out of employers control, your ability to maximize on the deflators is not.  If you are a small to medium size employer contact Management 2000, a PEO Indianapolis.  Let our team of Employee Benefit Advisors and Human Resource Consultants put in place a benefits plan administration that will ensure your success and control costs.

PricewaterhouseCoopers' report is available at www.pwc.com/us/medicalcosts2011.

Human Resources Administration

Wednesday, May 12, 2010 by Human Resources

Although the economy may be showing signs of improvement, employers remain focused on increasing efficiency and holding down costs.  This may include downsizing, eliminating pay raises, and even cutting pay for employees.  While these actions can be justified, employers must be careful.  Top performing employees still need to be rewarded for their efforts and companies must make sure their compensation is in line with what is being offered in their market.  Otherwise, employees might leave and companies can end up spending even more time and money to replace them.   


Management 2000, a PEO in Indianapolis, Indiana and Dayton, Ohio helps employers develop an HR strategy to recruit and retain quality employees.  From human resource policies, to employee benefits, to payroll services, Management 2000 provides the HR support employers need to be successful. 

 

COBRA Subsidy Extended

Wednesday, April 21, 2010 by

On April 15, 2010, H.R. 4581 - Continuing Extension Act of 2010 was passed into law extending the 65% health insurance subsidy for involuntarily terminated employees  through May 31st.  In addition, those who lost their jobs between March 31st and April 15th (voluntarily or not) are to be notified of the revised program. 

With the increase in regulatory provisions, now is a good time to consider outsourcing management of your Employee Benefits Administration.  As I have shared in my previous blogs, the regulatory and compliance demands put on small business owners is becoming more time consuming and troublesome. 

Let Management 2000 a Top PEO take care of your Group Benefit Plan Administration.  We are waiting to serve you and your employees.  Improve your ROI by leaving the administration to us, because you have a business to run!www.management2000.com


Small Business Group Benefits Costly and Labor Intensive

Monday, March 15, 2010 by
According to a white paper published by TriNet in 2009, one of the "Top 5 HR Compliance Concerns for Small Business" is Current Benefit Regulation and Law Not Being Followed.  "Small businesses spend 80% more per employee on federal regulatory compliance than large companies."   This is further supported by a "Heath Care Policy Cost Index: Ranking States According to Policies Affecting the Cost of Health Care" conducted by The Small Business & Entrepreneurship Council's (SBEC).  Beyond premiums that are traditionally 18% higher, small business owners do not have the infrastructure to manage the multitude of federal and state regulatory requirements associated with Employee Benefits Administration.  SBEC states that "Additional negative factors in the health care equation are government mandates and regulations... But each mandate comes with added costs." 

Management 2000 is a Small Business PEO with offices located in Dayton, OH and Indiana with an Employee Benefits Management team waiting to assist your small business in remaining complaint with both federal and state requirements.  You may not be able to control the many mandates currently facing your business but you can maximize available resources thereby minimizing the overall cost and impact.  

In an ever-changing environment, why not bring stability to your business and employees by utilizing the expertise of a Professional Employee Organization.   

Provide Effective Orientation For New Workers

Thursday, March 11, 2010 by SAFETY
To keep new workers safe, employers must be very clear on performance expectations and adherence to safety requirements. For new, inexperienced, returning or transferred workers, your orientation should begin with HR support:
  • An introduction to managers, human resource personnel, supervisors and co-workers
  • A tour of the facility
  • An introduction to the job and its duties, including health and safety issues,Human Resource Issues and any Human Resource Forms left to fill out.
New workers should also be assigned an experienced "buddy" to help them stay safe and answer health and safety related questions . The HR Department of Management 2000, top PEO will make sure all Employee Records are in order and will explain Human Resource Practices.

Department of Labor Announces 2010 Agenda

Wednesday, December 16, 2009 by Human Resources

On December 7, the U.S. Department of Labor released its semiannual regulatory agenda. According to its agenda, the DOL will attempt to enact an array of 90 rules and regulations in 2010 that focus on fair wages, safe working environments, employee input, and secure retirements. 

 

With the tools and resources to keep up to date on changes and trends that affect employers, A top PEO, Management 2000 can assist employers in developing effective HR strategies. From legal compliance, to succession planning, Management 2000 provides the human resources help employers need.                                                          




   

PEO Outsourcing to Help Your Bottom Line

Monday, August 31, 2009 by

Obviously you started your business to make money. As a business owner I'm sure you have found out that you spend a tremendous amount of time on administrative tasks that have nothing to do with the product or service you offer.

Give outsourcing a thought!!!!

At Management 2000, top PEO we are in the business of relieving you of these tasks. As an Indiana PEO we will provide you with:
  • Employee Benefits Management
  • Strategic Human Resources
  • Risk and Safety Management
  • Payroll Services

If you are devoting too much time and money towards these areas give us a call and we can develop a plan to give you time to run your business!
800-554-5945
http://www.management2000.com
 

IRS assessed $8.7 BILLION in employment tax penalties in 2008!

Wednesday, August 26, 2009 by Payroll Manager
Our newest client who owns a trucking company in Missouri with 18 employees was a part of that $8.7 billion...OUCH! He didn't try to cheat, he just didn't know. He came to us because he's just sick of ALL the State and Federal stuff he's supposed to know and keep track of.
A lot of people are now thinking about their business going into 2010...If you have been having PAIN with Benefit Plan Administration, Workers' Comp, Payroll Administration, Taxes / Report, Human Resource Management, Training Tools Information Systems, etc.
Now is the time to think about Management 2000, a TOP PEO. For 15 years Management 2000 a Indiana PEO company (Professional Employment Organization) has been eliminating the PAIN of doing business for people just like you. It doesn't hurt to just talk...and 2010 is coming. Give me a call, Steve Schilling 800-554-5945 or at www.management2000.com  

Looking for a Consultant that can ease the PAIN

Tuesday, August 25, 2009 by Payroll Manager

Whether your a small or large company you're going to have good times and then times that are challenging which I refer to as PAIN. We at a top PEO, Management 2000, will help eliminate the PAIN. As a small business PEO, we know the laws and regulations...we know how business works.
Have you had PAIN in the last 12 months with OSHA, workers' comp claims, unemployment claims, garnishments, wage compliance, labor board disputes, terminations, ADA compliance, discrimination compliance, background checks etc????? Well that's part of the PEO benefits will take care of for you. Regardless of you business or what state you're in, Management 2000 knows the issues and what to do, to solve them. Think of M2K as your employee benefit advisor that is available 24/7. If your getting tried of the PAIN give us a call...M2K has been eliminating PAIN for for over 15 years!!! At the end of the day our clients save dollars and time...it's your game plan, we  just help make it more efficient!!! Go ahead and call us at 800-554-5945 or on the web at www.management2000.com

Eliminate the Guesswork for Employee Healthcare

Tuesday, August 4, 2009 by

Let' face it business owners, there is an awful lot of confusing stuff swirling around when it comes to employee benefits plans. With all the talk of health care reform and trying to make sense of the new COBRA regulations, it's a wonder that you have any time left to run your business. Management 2000, PEO group to the rescue!!!!  
It's our job to keep on top of any legislation that has been or may be passed so we will be well versed when it comes to helping you make the best decisions for you and your employees.
Give us a call or check out our website. It's time to get back to running your business! PEO Outsourcing Indiana at 800-554-5945
http://www.management2000.com

Employee Health Benefits For Your Business

Wednesday, July 29, 2009 by

It's getting close to that time of year when you need to decide what your employee health benefits are going to look like for 2010. At Management 2000, a Top PEO we understand the time and headaches that come with shopping for your plan. That along with all the talk about health care reform makes the process even more daunting.

As a Professional Employer Organization (PEO) we can relieve you of the burden and assure that your employees benefits insurance plan provides quality coverage at competitive rates. You will also be relieved of benefits plan administration duties since Management 2000 takes care of that.
 
Save yourself time and headaches, give us a call at 800-554-5945 or check out our website at http://www.management2000.com

benefit strategies for tough times

Wednesday, April 29, 2009 by Stephen Day
With health costs skyrocketing and recession revenues contracting, certain employers have had no choice but to eliminate group health coverage all together.  There are still options, however, for small employers to put together some sort of benefit package for their remaining employees.  For one, group life still remains a bargain, so I recommend having a separate group life policy paid by the employer for all employees.  $15k - $25k can ofter be had for less than $15 a month.  Next, voluntary benefits are not suffering nearly the rate increases of health plans, so those things like FLEX, AFLAC, dental, vision, legal plans can still be offered without any additional cost to the employer.  But what about medical coverage?  For folks with a fairly healthy group of employees, a list bill option for individual health plans may be an option.  With our PEO, Management 2000, we have an in-house insurance agency names RMIA Inc.  This allows us to offer groups unable to afford group coverage through the PEO an option of offering payroll deducted individual plans.  The only downside to this strategy is that employees with ongoing health concerns will not qualify for this coverage and will have to seek other options.  In Indiana, we help guide those employees through the state pool process.  It is actually illegal for employers to contribute toward these health plans when a group plan could be available, so it doesn't look so bad when the employer couldn't afford to do it anyway.  If a client wishes to contribute something toward employee benefits, there are two options.  One would be to set up an HRA for the employees where a set amount of funds are contributed by the employer through the year for qualified out of pocket medical expenses.  Another idea that has been popular is for the employer to agree to fund a certain amount of an employees HSA account if they enroll in that type of health plan.  Both ideas allow the employer to help the employee contain their health expenses without breaking the bank of the employer.  This may all sound like an administrative nightmare, but that is where enlisting the services of a Top PEO is an advantage.  Our Employee Benefits Advisers handle all the administration for the voluntary plans.  We reconcile the list bill of health policies as well as the AFLAC, dental, vision, legal and life plans.  Benefits Administrators set up the HRA or HSA accounts and direct their funding and administration.   All the small employer has to do is sit back and look good to his employees for providing Employee Benefits Insurance while hunkering down to survive the current economic downturn

CLAIM SUCCESS STORY AT MANAGEMENT 2000

Wednesday, April 1, 2009 by Stephen Day

Happy April Fools!. This is Steve Day and Debbie Zapp again with a story about how we, at the top PEO in Indiana, help make sure folks get the proper claims benefit from their policies. An example of this comes from a woman with an AFLAC Short Term Disability policy who had to have a surgery. With our experience in employee medical benefits, we counseled her on what was needed to get the disability cash flowing. Thus making the process move as quickly as possible from before the surgery to after she returned to work. The time off was a rough period that had her on the verge of losing her utilities and perhaps her home. We were able to track the check from the moment it was issued and contacted her immediately. She was ecstatic at the news and helped relieve loads of stress in her life. She thanked Debbie profusely on the phone that day and speaks her praises continually.   At Management 2000, we ROCK Benefits Plan Administration!
 

Top Notch Employee Benefits Insurance

Tuesday, March 31, 2009 by
Tired of muddling through all those appointments every year with different brokers, agents, etc. Let Management 2000, HR Companies, customize a benefits plan for your employees with top of the line employee medical benefits, dental, vision and supplemental insurance offerings. As an Indiana Professional Employer Organization (PEO) company we will take care of not only benefits but also provide strategic human resources consulting and payroll policies. Sit back and relax, we'll take care of it all so you can focus on your business. http://www.management2000.com

Management 2000 elimiates the PAIN of being a business owner!

Wednesday, March 25, 2009 by Payroll Manager
Greetings to all, My name is Steve Schilling, and I'm the Payroll Manager for an Indiana PEO, Management 2000. We are a Professional Employer Organization Indiana located in Indianapolis, IN. We've been in business for 15 years and are one of the largest PEO firms in Midwest. On a personal note...I'm married with 3 kids and a dog. I enjoy most sports, bicycling, golf, cooking and reading.
My wife and I have owned 2 successful businesses (sold them) so I know about being a owner of a company and all of the in's & out's of that life. That's one reason why I like the PEO concept of doing business. The top PEO company / Management 2000 offer business services such as Human Resources, Benefits, Workers' Compensation, Safety Training, Payroll etc. You get to pick and choose what services you need and leave the rest on the table. You don't have to worry about paying ER & EM taxes, figuring  941's, 940's, calculating OT or tips correctly, union and non union wages, certified payrolls, garnishments and anything else that Federal, State and Local agencies want...In the end the relationship with a HRO allows you to do what you do best...
When my wife and I owned our bussinesses the slogan we focused on was "If you always do what you've always done...you'll always get what you always got".

Increase employee productivity

Tuesday, March 24, 2009 by Andrew Zelt

Strategic Human Resources Tools and Training

  1. Implement time keeping system – ensures that employees aren’t spending extended time away from workstation.

 

  1. Smoking cessation program – this would not be fee inclusive.

 

  1. Conduct training sessions that build morale and productivity through engaged leaders including
    1.  Key skills for great managers:

                                                               i.      Improve Employee satisfaction and motivation

                                                             ii.      Clear obstacles and provide the support your employee need to get the job done

                                                            iii.      Isolate and measure what drives your employees. Provide meaningful work

                                                            iv.      Focus on what people do right

 

  1. How to run a successful meeting including:

                                                               i.      Setting agendas according to specific goals

                                                             ii.      Controlling problem participants

                                                            iii.      Getting results

                                                            iv.      Closing the meeting on schedule

 

  1. Time Management sessions including:

                                                               i.      Prioritizing, planning and following through

                                                             ii.      Focusing on activities with the biggest payoff

                                                            iii.      Taking action now, no procrastination

                                                            iv.      Setting achievable goals

 

  1. Performance coaching including:

                                                               i.      Identifying shortcomings

                                                             ii.      Determine the cause and what change is needed

                                                            iii.      Get commitment and provide support where needed

                                                            iv.      Measure the results and provide feedback.

 

  1. Improve employee retention to reduce loss productivity cause by on-boarding new employees. Management 2000, a Top PEO, would analyze turn over to determine causes of termination and develop action plans to reduce that turnover through correct human resources forms.