High Healthcare Costs Big Concern for Small Business Owners
Chicago, IL (ContentDesk via ContentDesk Direct) July 14, 2006 - According to a survey by SurePayroll, the nations largest online payroll service provider for small businesses, many small business owners that are currently offering healthcare benefits may not next year.Based on the survey results, 11% of the small business owners who currently offer healthcare benefits say they may not do so in 2007, depending on how healthcare costs fare in the second half of 2006. If you think that weve got health insurance issues now, imagine if 350,000 small businesses stopped offering health insurance in 2007, noted Michael Alter, president of SurePayroll. The alarm on small business healthcare has been sounding for quite a while, and legislators keep hitting the snooze button. We cannot continue to ignore this problem. According to the survey, 58 percent of small businesses currently offer small business health insurance to employees. Of those who offer insurance, 56% pay for at least 80 of the overall cost of their employees healthcare. PPO (Preferred Provider Organization) plans are the most popular, offered by 62% of respondents, while 18% offer HMO (Health Maintenance Organization) plans and 20% offer combination PPO/HMO plans.Of those who do not offer a healthcare plan now, 44% have no plans to offer healthcare benefits in 2007.
46% of surveyed small business owners who do not offer healthcare benefits, indicate that their interest in offering healthcare benefits in 2007 depends entirely on the costs of healthcare plans. If you dont solve small business healthcare problems, you put a big portion of the overall economy in a precarious position, commented Alter. The key here is for legislators to look more aggressively at tax credits for small business healthcare. Furthermore, the delays in legalizing interstate group purchasing of small business health insurance must stop. Finally, there has to be more supply-side cost containment in the healthcare industry because small businesses dont want to be in the business of working their tails off simply to meet their healthcare costs. About SurePayrolls CommentaryEvery month, SurePayroll publishes its small business economic indicators via the SurePayroll Small Business Scorecard. Based on employee and contractor paychecks for over 16,000 small businesses, SurePayrolls indices give insights on small business hiring, salary levels and reliance on contractors.
SurePayroll regularly augments its data indices with surveys on a variety of topics of interest to small business owners. The July survey was conducted between July 3 and July 12 via email survey with a 90% confidence interval and a 5% error margin.About SurePayroll:Privately held SurePayroll is America's fifth largest full-service payroll provider and the nation's largest online full-service payroll provider. Catering exclusively to the needs of small businesses, SurePayroll provides a simple, reliable and economical way to process payroll in minutes via the Internet. In addition to providing payroll services directly to small business, SurePayroll also provides a private-label payroll service that allows SurePayroll's numerous partners to offer payroll processing to their small business clients. Business partners include ABN AMRO, Pitney Bowes, and MasterCard.
SurePayroll will process nearly $3 billion in employee and contractor payroll payments in 2006. For more information, visit www.surepayroll.com.For Media Inquiries Contact: Ken Gaebler Walker Sands Communicationswww.walkersands.comPhone: (312) 543-0654Email: e-mail protected from spam bots.
PerfectSoftware and Aspen Systems Establish OEM Relationship
Norwalk, CT (ContentDesk) August 8, 2004 --
Perfect Software, a leading provider of Human Resource Management & Payroll Systems, today announced it has formed a strategic relationship with Aspen Systems, Inc., a leader in food industry software and services.
As part of the new association, Aspen will offer its existing and new clients Canopy Payroll and Canopy Human Resources software applications."These two new modules provide the payroll and HR features that our customers are demanding. The OEM relationship allows us to provide these features directly to our customers as integrated modules without involving outside vendors," said George Puype, president of Aspen Systems, Inc."These highly functional and flexible products will be seamlessly integrated into the Aspen solution allowing them to focus on their core competency," said Mike Gabriele president of Perfect Software.
"The benefit of the OEM relationship is that the end user gets expertise in both the...
Payroll > PerfectSoftware and Aspen Systems Establish OEM Relationship
Midsize Business ERP ? Great Plains Standard vs. Professional
If you are in the growing mode and reach the point when you need to move away from old accounting application and incorporate something, which could be considered as industry standard ERP, you should know general direction and where to look for additional information.
Microsoft Business Solutions gives you several ERP packages to choose from: Microsoft Great Plains Standard/Professional/Small Business Financials, Microsoft Navision, Microsoft Axapta, Microsoft CRM.
In this small article we will concentrate on Microsoft Great Plains selection options.? Pricing.
Microsoft Great Plains Professional price is about two times higher than Microsoft Great Plains Standard.
You should probably know the history.
Current Great Plains Standard was formerly available on Pervasive SQL and ctree and the product line name was Great Plains Dynamics.
This product was targeted to midsize and small businesses (with growing potential, for tiny business...
Payroll > Midsize Business ERP ? Great Plains Standard vs. Professional
Lorman Education Services Presents "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" on October 27, 2005
(ContentDesk) September 22, 2005 -- Lorman Education Services presents "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" on October 27, 2005.This "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" seminar will cover Current trends in healthcare, FSAs, HRAs,and HSAs.The seminar will compare and contrast not only FSAs (flexible spending accounts), but two plans that are less than two years old, i.e. HRAs (health reimbursement arrangements) and HSAs (health savings accounts). The seminar will concentrate on WHICH plans to use, WHEN you would use them, and WHY you would use one plan and not the other.Steven J. Jackson is regional services manager of PrimeFlex for PrimePay, the largest privately owned payroll and business services company in the country. After graduating from Taylor University, Mr.
Jackson has spent his entire professional career working with employers on wealth preservation...
Lorman Education Services Presents "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" on October 27, 2005
Payroll > Lorman Education Services Presents "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" on October 27, 2005
HRAmerica releases “Top HR Trends in 2006” Report
Charlotte, NC (ContentDesk via HRMarketer) May 3, 2006 - HRAmerica, an HR outsourcing firm offering comprehensive employee administration solutions, has announced plans to release the Top HR Trends in 2006 to provide HR professionals with essential information on outsourced services providers management and trends."Trend reports are vital ammunition for HR professionals, said Stephen Boyd, a member of HRAmericas executive board. Arming the HR community with timely, high quality data is powerful and often differentiates top HR managers from their competition.
We see providing these reports as an important link to our clients and a way for
HRAmerica releases “Top HR Trends in 2006” Report
Payroll > HRAmerica releases “Top HR Trends in 2006” Report
Outsourcing
Can your business benefit? Depending on the project, outsourcing can sometimes be a very cost-effective business decision. Sure, we can all accomplish some of it in-house, but can we do it all, and do it well? Would it surprise you to know that Compaq Computer? outsources? How about Underwriters Laboratories?? Gateway Computers?? Yes, even the Chicagoland Area Chamber of Commerce?! I was involved with projects involving each one of these companies. They all outsourced specific portions of their projects. Even Hyperformance Media out-sources specific project requirements! Every business does not know every other business. What I mean is, your business can not know everything there is to know about printing (for example).
Therefore, in certain situations, it would benefit your company to outsource this service to some printing specialists. It could save you time, money, and benefits, leaving your employees their time to continue to do what they do best, their job - with minimum...
Outsourcing
Payroll > Outsourcing
Free Cell Phone Notification of Your Direct Deposit
Tampa, FL (ContentDesk) July 29, 2004 -- National Payment Corporation today announced EZ Paynote, a free payroll notification service delivered by email or cell phone text message as part of their Direct Deposit Plus Service. "The benefits of Payroll Direct Deposit have now expanded with EZPaynote ? a free cell phone or email text message notification that employees receive when their pay is deposited into their bank account. EZPaynote provides a simple and effective way for employees to know when and how much they have been paid," remarked Jefferson Harkins, President of National Payment Corporation. "EZPaynote is employee self-administered ? a tremendous HR management benefit ? that provides a simple and effective paperless payroll process for any size company. Employers do not have to provide any employee email information or process their payroll differently.
Employees sign up online to receive EZPaynote at any email address or wireless device". Employees receiving Direct...
Free Cell Phone Notification of Your Direct Deposit
Payroll > Free Cell Phone Notification of Your Direct Deposit
High Healthcare Costs Big Concern for Small Business Owners electric generators
High Healthcare Costs Big Concern for Small Business Owners
High Healthcare Costs Big Concern for Small Business Owners Payroll