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Professional Employer Organization (PEO): Right for Your Business?

Business Management Daily

There are many reasons, including being short-staffed and needing an internal Human Resources department, which is a reality for many small and medium-sized companies. Professional employer organizations (PEOs) offer a cost-effective solution to this problem. What is a professional employer organization (PEO)?

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Global Employment Outsourcing (GEO) vs. Professional Employer Organization (PEO)

Global Upside

A PEO, or Professional Employer Organization, provides outsourced HR support, including benefits and payroll administration, HR guidance, and assistance with employment law compliance. This co-employment format does not exist outside the United States. focused PEO companies operate.

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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Compliance and legal updates Reviewing and adjusting for evolving employment laws is one of the most important end-of-year HR responsibilities. Doing so enables organizations to safeguard against legal challenges, create a supportive work environment, and maintain operational efficiency.

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IFEBP Study Shows 40% of Companies Are Outsourcing Their Benefit Functions

Extensis

Quick look: The IFEBP reveals 40% of companies are outsourcing their benefit functions, due to ongoing challenges, such as managing benefit complexity. For many, the influx of industry changes has become overwhelming to manage and ultimately, derails from core company goals.

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May 2024 Legal Updates

ComplianceHR

We help companies address the ever-changing federal and state employment law requirements. Chiefly, we provide employers of all industries, sizes, and locations with solutions that empower employers to handle complex compliance issues. Below is a reminder of May 2024 legal updates with effective dates.

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Helping Clients Avoid Telehealth Fraud

Extensis

And while this news may alarm clients who provide or hope to offer telehealth solutions, brokers can help ease the burden by leveraging a professional employer organization (PEO) partnership that provides access to reputable providers. How can individuals and employers identify a possible telemedicine fraud scheme?

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Top 10 HR trends of the decade

Insperity

HR has evolved into a fundamental asset for any successful business, one utilizing sophisticated resources and technology to help companies operate more efficiently and strategically. Amid strong economic conditions, companies often can’t find enough qualified workers. It’s important to remember that the economy works in cycles.