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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

For healthcare professionals, the demands of managing a practice can sometimes overshadow their primary mission: delivering high-quality healthcare. 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.

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

Business Management Daily

Handling employee benefits and other HR services in-house is extremely difficult for many small businesses. 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. What is a professional employer organization (PEO)?

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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. File FICA/FUTA: If applicable, submit forms by the IRS deadlines.

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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.

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

Extensis

Often, employee leasing is for work on a specific project with a start and end date. Employee leasing is most often associated with staffing firms, although it also gets tied incorrectly to PEOs and human resources (HR) outsourcing. What is co-employment?