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What is a PEO? The solution to making your company great!

EmployeeConnect

A Professional Employer Organization , or PEO, allows businesses to outsource their administrative needs to a third party that specializes in these duties. This can include (but is not limited to) managing human resources, taking care of payroll, overseeing workers’ compensation issues, and offering employee benefits.

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4 Ways PEO Solutions Benefit Medical Practices

Extensis

A professional employer organization (PEO) can step in as a powerful ally, simplifying operations, reducing costs, and allowing medical practices to focus on what truly matters most. This is where a professional employer organization (PEO) can step in to provide valuable assistance. PEOs rectify this issue with its recruiting services.

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What is Employee Leasing and How Does It Differ from PEO?

Extensis

Quick look: A PEO partnership can help small businesses grow, stay compliant, offer competitive benefits, and retain valuable employees. However, some organizations shy away from a PEO out of fear that a co-employment relationship is the same as employee leasing. What is employee leasing?

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Because of this, many small business owners have turned to a solution that has been growing in popularity, especially over the last decade: HR outsourcing. Staffing companies : Agencies that match employers and staff-level employees. Rather, an HRIS is a valuable tool for experienced HR managers.

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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Employee benefits and compensation Managing employee benefits and compensation involves multiple processes to ensure your organization stays compliant, controls costs effectively, and promotes the health and well-being of your workforce. Employee engagement and culture Company culture is a hot topic, and for good reason.

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What Brokers Can Be Thankful For This Year

Extensis

Thankfully, market trends are pointing toward a continued need for benefits and PEO brokers, and the right HR outsourcing partner can help them continue to meet those demands. The Identity of HR report revealed that 42% of HR departments regularly use outsourced staffing services, which brokers can align them with.

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What PwC’s Medical Cost Trend Report Tells Us About Healthcare Headed Into 2023

Extensis

Medical spending has ebbed and flowed during the transformation of the healthcare system over the past few years. This includes planning and investments in staffing, personal protective equipment (PPE), and forecasting tools. Supply chain shortages and delays plagued the health system during the early stages of the pandemic.