By Lee Allphin, Employer Advantage Founder and Chairman of the Board
Employer Advantage has seen an influx of clients needing our help to navigate through evolving business challenges during the Coronavirus pandemic. Please contact us if you would like assistance with any of your Employee Administration and Compliance responsibilities: Info@EmployerAdvantage.com | 877.476.9520
COVID-19 has redefined the critical need for companies to have solid HR Resources in place, not only to mitigate the impacts of the coronavirus pandemic but to ensure all available government tax credits and benefits are being secured and utilized.
HR, Payroll, Health and Benefits, Workplace Safety, and More
For more than 30 years, businesses have turned to the Human Resources Outsourcing and Management provided by Employer Advantage. We service our clients and their employees like an internal HR department – one team that expertly manages the administrative and compliance burdens of your business so you can focus on what matters most. We provide a free strategic assessment of your business needs to create a seamless transition plan that will ensure your company stays in compliance and capitalizes on future money-saving opportunities.
During these critical times we can assist in hot button concerns like locating new employees, controlling costs for workers compensation through risk assessment, and providing an affordable master health plan by maximizing large group policy buying power.
When is the optimal time to start working with Employer Advantage? Many businesses seek help during these key business milestones:
1) Filing federal and state employment tax returns. Each quarter, a business is required to file reports on employee wages, federal taxes, and state unemployment insurance. Working with Employer Advantage means we will file these reports for you, therefore January 1st, April 1st, July 1st and October 1st would be great times to begin service.
2) Major Medical Plan renewals. Changing medical plans can be a major task. Since many new clients can qualify to be included in the EA Major Medical Health plan, an ideal time to begin with EA is just before your existing medical plan is set to renew. We take care of all the underwriting for our plan and complete employee enrollments just in time for your plan to end. If you choose to keep your existing medical plan, we can also help with open enrollment and administer the monthly billing.
3) Workers’ Compensation Insurance policy renewal. Each WC policy has an annual renewal and a payment schedule in which all the premiums are paid at the beginning of the policy term, or by making a large down payment along with monthly payments. Since many small businesses qualify to be included on the EA master workers’ compensation policy, a good time to start with EA would be at the end of your current WC policy. This would avoid the early termination fees the other insurance companies charge.
4) Internal personnel changes. If you have an HR manager retiring or a payroll specialist getting a promotion, you may be ready to look at outsourcing. EA will assume those duties and many more, so you won’t have to hire or train any replacements. Just as with any profession, the skill set required to perform the business of employment is beyond the personal capabilities of one person. It takes teamwork.
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About Employer Advantage
A New Path to HR Bliss – Trusted for more than 30 years, Employer Advantage frees you from the administrative and compliance burdens of having employees so you can focus on your business success. Versatile enough for companies of all sizes, our unique service combines comprehensive management of your employee administration and compliance with the latest software solutions, tailored to meet your individual needs and company culture. Our full-service management of HR, payroll, health and benefits, workplace safety, and more, enhances your profitability while reducing the costs and risks associated with employment law compliance. We provide your employees with top-notch assistance and benefits that help you increase productivity, save time and money, and attract and retain a talented workforce. And for small and mid-sized businesses, we bring you economy of scale with access to Fortune-500-level benefits, specialty assistance, and savings that would not be possible to attain on your own. Headquartered in the Midwest and serving more than 400 companies and 10,000 worksite employees throughout the country, Employer Advantage is an IRS-Certified Professional Employer Organization (PEO) (C-PEO). Experienced, certified, and trusted. www.EmployerAdvantage.com