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That’s when a professionalemployerorganization (PEO) can help. PEOs manage various aspects of companies’ HR, employee benefits, payroll, and risk and compliance management. However, planning, implementing, and sustaining a total rewards strategy can require time and resources that some SMBs don’t have to spare.
This shift is prompting tech small- and medium-sized businesses (SMBs) to reevaluate and enhance their investment in professional development to meet customer demands and outperform competitors. Learning and development makes this possible, allowing tech SMBs to continually educate their employees with valuable course and resources.
A professionalemployerorganization (PEO) , a type of human resource (HR) outsourcing provider, can assist. PEOs, like ExtensisHR, manage different aspects of their customers HR, employee benefits, payroll, risk and compliance, and more. Luckily, youre not alone when strategizing how to energize your team.
Support continued education Professional development is a valued asset in the real estate industry. A person must pass a state licensing test and an array of educational courses to become a certified real estate agent. This practice allows workers to sharpen their career skills and uphold company standards.
While students organize their backpacks and supplies, charter schools are reviewing their approach to human resource responsibilities. Some educators must also complete specialized safety or certification courses to maintain their roles. How a PEO helps: A PEO’s compliance experts stay up-to-date with education-based regulations.
These platforms save time, reduce errors, and support compliance with legal requirements. It helps organizations manage their HR tasks by streamlining payroll, onboarding, and compliance. Deel places a large emphasis on small businesses expanding their workforce beyond borders while maintaining compliance with local regulations.
The platform uses AI to automate payroll processing, compliance management, and benefits administration. No, BambooHR does not offer any PEO ( professionalemployerorganization ) services. It offers online onboarding, performance review management, and workforce planning support. Is BambooHR a PEO? Is BambooHR secure?
Professional Development Investing in employee growth not only enhances skills but also boosts retention and engagement. Offer tuition reimbursement or professional development stipends to encourage continuous learning. Provide access to online courses, certifications, and industry workshops.
To offer insights and strategies tailored for local small and medium-sized businesses (SMBs), we sat down with our professionalemployerorganization (PEO)s Texas-based consultants and discussed the most common HR questions they receive from their small business clients. million employees in that market. With over 3.2
The law, which became effective on June 1, 2025, requires Garden State employers to share compensation details in job postings and internal promotions. Heres what businesses need to know to comply with the mandate and how a professionalemployerorganization (PEO) can help them achieve that.
Here are some common examples: Payroll and benefits administration Policy creation Employee relations Training and development Performance management Compliance Recruiting, hiring and onboarding Should YOU outsource HR? Have we ever been fined for HR-related compliance violations? Do I have underperforming employees?
Professionalemployerorganizations (PEOs) can manage this on employers’ behalf, but their expertise and service quality may significantly differ. Compliance confidence Workers’ compensation laws vary by state, and failure to comply can be costly.
Quick look: Employee departures, whether voluntary or involuntary, are an inevitable part of running a business, and handling them with empathy, consistency, and a focus on compliance is essential. But done right, it reinforces professionalism, empathy, and trust. At some point, every business leader will face an employee separation.
With the deadline for Title IX’s final rule fast approaching, academic leaders should begin updating their school policies to enhance compliance and efficiency. All schools aspire to be described in these three words: safe, compliant, and organized. Our HR services for schools continues beyond compliance needs.
Those concepts were on full display at PrismHR LIVE in Orlando, Florida, home to Disney World, which was Walt Disney’s brainchild, of course. We also talked about PrismHR’s HR Compliance and the new PrismHR Retirement Services. When customers get more than they were expecting, that’s where the oohs and ahhs come from.
Quick look: Out of sight doesn’t mean out of mind when it comes to workplace compliance. Therefore, employers should look to HR solutions equipped to handle the balance of keeping their companies protected and their workforce happy. Every detail is essential to maintain compliance. Nearly 25% of all U.S.
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One solution is a professionalemployerorganization (PEO) , an HR outsourcing option that performs the most comprehensive set of HR functions. Of course, one of the big misconceptions about PEOs is that it’s a more appropriate solution for smaller businesses that commonly lack dedicated HR personnel.
It’s not easy for businesses to predict accidents, injuries and illnesses, or their frequency, over the course of a year. For these reasons, most employers are committed to taking care of their employees and maintaining the prestige of their workplace by providing benefits such as health insurance. After all, life happens.
These programs feature opportunities like new-hire training, certification courses, and collaborative workshops. An ESP’s professional development may also include industry-mandated courses such as DEI, harassment prevention, school safety, and incident reporting training. That’s where ExtensisHR comes in.
As small- and medium-sized businesses (SMBs) continue to move toward an independent contractor business model, it’s essential to ensure compliance as they plan for 2023 and beyond. These states establish a worker as an employee unless the employer proves: The worker is free from the control and direction of the hiring entity.
The good news: There’s help out there – it’s called a professionalemployerorganization (PEO). These organizations can work with your company to provide comprehensive and affordable payroll, benefits and human resource services through a business-to-business relationship called “co-employment.
Quick look: Government contractors can’t afford to take regulatory compliance for granted. Regulatory compliance is a top-ranking concern in the government industry. For government contractors, it’s wise to support business tactics that prevent or address compliance risks like disruptive data breaches affecting their clients.
Quick look: Government contractors can’t afford to take regulatory compliance for granted. Regulatory compliance is a top-ranking concern in the government industry. For government contractors, it’s wise to support business tactics that prevent or address compliance risks like disruptive data breaches affecting their clients.
A PEO also referred to as a professionalemployerorganization, has continued to gain recognition mainly due to its benefits to small and medium-sized organizations within the United States. So, what does PEO stand for in HR, and what benefits does it bring to an organization? Read along to find out. Conclusion.
While students organize their backpacks and supplies, charter schools are reviewing their approach to human resource responsibilities. Some educators must also complete specialized safety or certification courses to maintain their roles. How a PEO helps: A PEO’s compliance experts stay up-to-date with education-based regulations.
Things to consider for organizations that don’t currently offer health benefits There are several different options to consider when you’re choosing a new employee benefits provider without pre-existing coverage. How is compliance handled? Is there an implementation or onboarding fee? How do premiums work? What does support look like?
Non-compliance may result in hefty implications regarding tax and wage liabilities, including uncollected social security and Medicare taxes, as well as unexpected expenses to cover liability for unpaid employee benefits and owed wages. For example, California and Illinois both use the ABC test to determine employee status.
In general, to have a compensable claim that is accepted by your company’s workers’ compensation carrier, the employee has to be in the course and scope of their job and the accident has to arise out of their job-related activities. That’s because every state has its own laws and interpretations of each injury claim.
Broadly speaking, there are three key options to choose from: hire an HR director and build an in-house team; hire a small handful of HR managers who utilize an array of HR technology tools; or outsource your HR needs to a professionalemployerorganization (PEO). Professionalemployerorganizations.
Quick look: Compliance changes over the past few years have moved at a frenetic pace. The Department of Labor (DOL) has updated rules regarding employer-sponsored healthcare and 401(k) plans starting in 2023 and continuing over the next few years. Though the language may be complex, the sentiment is largely favorable.
Storing of data for compliance. HR software can help ensure your compliance with multiple states’ payroll tax requirements, and prevent you from having to learn and implement such widely disparate laws on the fly. For example, even with the best software, you’ll still have the occasional compliance question. If yes, how much?
Are rumors about companies that have had professionalemployerorganization problems keeping you from hiring a PEO? And it’s natural to have a few concerns at first, especially if co-employment is a new concept to you. Granted, it’s certainly wise to do research about HR outsourcing.
Of course, getting employees’ paychecks right is vital to your business. Such intricate payroll and HR compliance issues can be daunting for business leaders and payroll managers. Guidance with HR-related government compliance. PEOs provide valuable advice on employment-related federal, state and local government regulations.
During this time, employees can either get started on the right foot and establish a course for success, or they start to feel lost, overwhelmed or excluded – and left thinking they made a mistake in joining your company. With HR’s hiring expertise and resources, hopefully you can hire once and hire right.
ADP ADP provides an online HRIS and payroll solution that supports benefits administration, compliance, and tax withholding management. For small businesses, ADP offers functionality such as payroll, professionalemployerorganization ( PEO ) services, time and attendance tracking, and business tax credits.
Quality job candidates are being choosier with employment options, and employees aren’t afraid to resign from their current positions in search of greener pastures. Of course, not every business has the budget or the resources to keep up with the demand, which leaves plenty of opportunities to get creative.
This growth trajectory means one thing: your SMB clients will continue to turn to you to align them with employee benefits and various HR services like recruiting and performance management assistance—all of which can be sourced through a trusted professionalemployerorganization (PEO) partner. Read more > 3.
And while this news may alarm clients who provide or hope to offer telehealth solutions, brokers can help ease the burden by leveraging a professionalemployerorganization (PEO) partnership that provides access to reputable providers. potentially limiting a physician to one predetermined course of treatment.
Move for mental health The official Movember movement encourages participants to run or walk 60 miles over the course of November. By connecting with a professionalemployerorganization (PEO) partner, they can work collaboratively to give their clients the best possible benefits for their company.
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50,” you’re better off just building your own, fully staffed HR department rather than seeking the help of a professionalemployerorganization – think again. Growing pains are to be expected as you chart your course into an exciting (and sometimes frightening) future. Cost containment. Strategic, proactive HR.
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