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The PrestigePEO Perspective – November 2023

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Your guide to the latest HR news in a bite-sized package!

Our Prestige Perspective newsletter will share our ideas for inspiring your team, provide answers to frequently asked questions, and keep you updated on the HR information you need to know. We hope you find this newsletter helpful! If you have any questions or would like to learn more about partnering with PrestigePEO, please feel free to contact us at any time.

The end of the year is fast approaching! It’s time to prepare to close your books for the year. As an HR resource and partner to our clients, we provide helpful guides to inform small business owners of important items. Take a look below at the list of minimum wage increases that will take effect in 2024 that we have prepared for our clients. You can look forward to helpful and timely information like this and more when you partner with PrestigePEO.

Importance of Mental Health

The Importance of Mental Health Benefits and How a PEO Can Help

Is your business offering mental health benefits? These benefits could be crucial to keeping your employees engaged and invested in their work. Investing in benefits that support a healthy life inside and outside the office is an important way to let your employees know they are valued. Read our latest blog post for an overview of why companies should offer mental health benefits, what kinds of programs to utilize, and how a PEO can support this endeavor. If you’re ready to offer top employee benefits to your team, contact us today to learn how we can help.

Your Workplace Culture and How It Affects Employee Mental Health

Your Workplace Culture and How It Affects Employee Mental Health

Your working hours take up a significant amount of your time. On average, an employee spends about 2,000 hours working per year, demonstrating how important company culture is. When you spend so much of your time at work, your workplace culture can greatly affect your well-being. A recently released study, 2023 Mental Health at Work Report, reported that 58% of workers believe that a healthy work culture is “very or extremely helpful” for their mental health.

A healthy workplace culture starts with expert HR advice, and that’s where PrestigePEO comes in. With our assistance, we can ensure that your employees receive top-quality service while accessing the best rates for employee benefits, compliance assistance, retirement benefit administration, and more. Contact us today to learn more.

The IRS Has Announced New Retirement Plan Limits for 2024: What Employers Need to Know

The IRS Has Announced New Retirement Plan Limits for 2024: What Employers Need to Know

Has your company ever been accused of poor treatment by a former employee? If you haven’t, it’s an important situation to be prepared for. This recent article from SHRM offers a great guide for how to handle this difficult situation appropriately. Situations like this one demonstrate how important it is to have the support of a dedicated team of HR experts. As a client of PrestigePEO, complicated situations like this one are easily handled. We can help you navigate the problem, offer expert HR advice, and come up with a thorough solution. Learn more about our HR consulting services at the link below.

Compliance Alerts

Important Compliance Alerts

Are you up to date on the latest compliance alerts? PrestigePEO provides frequent updates to our clients when there are amendments, revisions, and proposals that will affect US employers. Take a look at some of our recent alerts below.

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