On the December 16th broadcast (below) of "Gross Reality," Steve Gross discussed how to cut costs in this changing business landscape by outsourcing personnel with Tim O'Rourke, President of WorkLife Financial.
There are increasing pressures on companies relating to HR issues thanks to increasingly numerous and complex workplace rules (ie. Safety, Time off, Sick Leave, Overtime, Disability accommodation,
Diversity management, Age, and Gender issues in pay and harassment) as well as more complex benefits choices and needs. The costs for businesses to comply are becoming overwhelming.
PEO's are a strategy to help manage this complex load by removing this burden from management and letting an organization that is set up to handle it, with the inventory of choices, compliance machinery, and experience, for a fee.
This is part of how businesses are having to reset the way they work in this new economy, with lower revenue and more pressures. The goal is to remove burdens and to focus the talents and energy of a company's people on making money, taking care of the customer, generating revenue, and keeping the heartbeat of the business alive.
Steve Gross is the executive director of Business Builders Team and a founding partner of HLB Gross Collins. His radio show is dedicated to helping businesses and individuals survive and prosper in good & bad economic times.
Listen live to "Gross Reality" every Wednesday at 5 pm ET on America's Web Radio!
Click here to listen to Gross Reality:
No comments:
Post a Comment