Startups are full of promise and excitement. Great ideas can catapult companies to massive success, but unfortunately there are no guarantees. For every success, there are many failures we don’t ever hear about. Research is always trying to pinpoint a common denominator for successes. A study by …
The Cost of NOT Outsourcing HR in a Booming Economy
With a booming economy, companies poised for growth have a unique opportunity to take advantage of the tailwinds. The National Federation of Independent Business (NFIB) is reporting historically high optimism amongst small business owners citing strong sales, regulatory relief and the new tax law …
Disadvantages of Working with a PEO
When researching the benefits of working with a PEO, make sure you also understand potential disadvantages. Like in any industry, all PEOs are different. MidwestHR continually collaborates with clients to understand and address any concerns so we can offer the best possible solutions. Typical issues …
The Evolution of Employee Leasing
Starting in the late 1960s, employee leasing firms were established to help companies with the rising cost of workers’ compensation coverage. While laws varied widely by state, most required employers to purchase workers compensation insurance with the first employee hired. Employee …
Illinois Employers: Are You Ready For Mandated Retirement Plans?
The "Pilot Phase" is almost over for the Illinois Secure Choice program, enacted under the Secure Choice Act of 2015 (State Site). That means that by 11/01/2018, every Illinois company with more than 500 employees, that has been in business for two years or more, will be REQUIRED to provide a …