Alternatives to ADP Totalsource

ADP payroll customers of more than a year have probably been pitched ADP’s in-house PEO, ADP Totalsource.  Like other PEOs, Totalsource promises to reduce the cost of worker’s comp, medical insurance, and payroll.   If you’re meeting with ADP Totalsource, here are the questions you should ask:   – Who will my account rep be? […]

Benefits Pro Article: More Brokers Working with PEOs   Employee benefits and what they represent to a business today are far more complicated than in years past. Employers recognize that, now more than ever, attracting and retaining quality employees is as much about the quality of their benefit packages, human resources and corporate culture as it is about the salary and career […]

The Challenges of Employees in a Real Estate Business

As you grow your real estate business, there comes a time when you can’t grow anymore by yourself.  It’s time to hire someone.   Luckily, if that first someone is a real estate agent, you don’t have to change much.  Agents are “statutory non-employees” under IRS rules, which means that you won’t have to pay […]

What’s a PEO and How Can It Help My Business?

From Entrepreneur Magazine, May 9, 2014:   Q: What’s a PEO, and why should I use one? A: Here’s all you need to know: A Professional Employer Organization (PEO) is one of the best-kept secrets of many successful small businesses. Essentially, these bodies handle all your HR needs, including payroll and administration, employee health and retirement […]

The Dangers of Having No Compensation Plan

Do you live in fear of your employees comparing their pay rates?   Some companies have gone as far as barring employees from discussing pay with co-workers — enough, that there has been proposed legislation to ban this practice (and, it’s usually unlawful for employers to stop employees from discussing pay even today, under National Labor […]

Connecticut Bioscience Startup? There’s an Easy Way, and a Hard Way

Connecticut is increasingly “the” place to start your biotech company.  Yale and UConn are both licensing their research, you have an awful lot of well-educated people around to help, the state backs the industry, and there’s even an industry group. Many times, these startups fail because they can’t secure FDA approval, or the science just doesn’t […]

Controlling Your Company’s Unemployment Expense

Any company with employees has to pay Unemployment Insurance.  Uninformed business owners look at this like “just another tax”, and don’t manage their claims.  However, companies that develop systems and practices for managing their workforce — or who hire experts to do it for them — see substantial savings in their unemployment insurance payments.  What’s […]

The Secret to Making Manufacturing Work in Connecticut

It really can be done! Small manufacturers love to complain about working in Connecticut.  “It all costs too much”, they say!  Taxes, real estate, regulations, energy, and expensive labor.  “I’m just going to move the business out of state,” they say. Here’s the question to ask yourself — if it’s so bad, why does anyone […]