A professional employer organization or PEO works as an outsourcing partner for businesses, helping manage human resource functions. PEOs share employment liability, making it easier for organizations to offer employees better benefits. Acting as an extension of the business, a PEO engages with the management team and addresses complex employee-related matters. Some PEOs also manage platforms for handling employee data. Here are a few reasons why businesses may need PEOs: 1. Limited resources This usually happens with small or new businesses. Such organizations may not have enough funds to build a full-fledged in-house HR department. While they get on their feet, a PEO can offer the organization necessary human resource support. They can assist with streamlining administrative tasks, legalities, employee handbook edits, updating company policy updates, and other tasks. For businesses that already have an HR team in place, a PEO can manage the basic HR activities so that the team can focus on strategic HR initiatives for business growth. 2. Excessive paperwork While administrative paperwork is a crucial part of business, it can be tedious and time-consuming. When paperwork piles up, a business loses critical time that could have been spent on revenue-generating activities. In such situations, PEOs can be useful businesses, helping them outsource tasks such as record-keeping and benefits management.

Just like it is normal to see a doctor for physical distress and issues, seeking professional help for mental health issues should also be normalized. Fortunately, with the increase in mental health awareness, many people consider seeing mental health professionals when their minds need care. Many also wait long before reaching out, as they might not know when exactly to ask for help. So, here are some signs it’s time to see a mental health professional: 1. Severe anxiety or anxiety attack symptoms It’s normal to feel nervous or anxious to a certain extent when there is an obvious reason for it. But when one repeatedly has anxiety symptoms like constant worrisome thoughts, breathing problems, increased heart rate, and profuse sweating in stressful situations, it may dissuade one from carrying on with daily life. In such cases, it is essential to see a professional because one might be having an anxiety disorder. 2. Total withdrawal from social situations Everyone needs some space and alone time occasionally, but it can become a problem if one starts seeking comfort in solitude perpetually. As a result, one may begin avoiding any social situation, retreating into one’s shell, and bottling up emotions. Seeing a professional is critical at this time because one’s mental health condition may worsen without having someone to reach out to.

E-commerce platforms continue to grow, which makes it crucial for a business to meet customer demands. One may require a more sophisticated order management system (OMS) in such situations. The system functions immediately after a customer places an order, from locating and picking up the item in a warehouse to packing and shipping the product to its final destination. For businesses still unsure about venturing into this automated space, here are five reasons to get an order management system. Maintain low inventory costs A key benefit of using an order management system is that it can take control of inventory management by simplifying the process with automation. The system uses in-location stock movements by setting rules to automate what happens to orders during packing based on triggers such as the delivery option selected, weight, and value. This reduces time spent manually on such tasks, which will help keep expenses low. Centralized customer service An OMS helps centralize customer service requirements by keeping all customer and order information in one location. Therefore, users are better informed about their orders through a complete view across all sales channels and fulfillment centers to address inquiries about shipping, delivery, and cancellations. The system helps build transparency in this avenue, which customers expect and appreciate when shopping online.

Form W-2, or the Wage and Tax Statement, is an important document that reports the employee’s income and withheld tax to the IRS. These reports are then sent to the employees every January from employers who pay an individual at least $600 annually. The W-2 is crucial in helping one file their tax returns correctly, as it enlists contributions, insurance, benefits, and many other essential components. Read on to learn more about this form. Reading the W-2 The form has several components that one needs to fill in correctly. Here’s a simple breakdown: Box 1 – Total taxable wages, including tips, prizes, and other compensation. Box 2 – Federal income taxes the employer withholds from one’s pay. Box 3 – Total wages subject to Social Security tax. Box 4 – Total Social Security tax withheld from pay. Box 5 – Wages that are subject to Medicare tax. Box 6 – Total Medicare tax withheld from pay. Box 7 – Tips reported to the employer. Box 8 – Total amount of other tips allocated by the employer. Box 9 – This box is no longer in use. Box 10 – Amount of dependent care benefits paid by the employer. Box 11 – Total amount of money distributed during the year from the employee’s deferred compensation plan.