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

Business Management Daily

Their study also found that not having an HR department made the workplace feel toxic, so it’s important to have HR functions in place. Professional employer organizations (PEOs) offer a cost-effective solution to this problem. Besides the cost savings, working with a PEO can yield many benefits to employers.

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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Designed to highlight critical industry developments, ExtensisHR’s 2024 Trends Report features insight from our professional employer organization (PEO) subject matter experts. Here, we summarize the report’s 10 key points, from the need to focus on an increasingly diverse workforce to the growing role of artificial intelligence (AI) in HR.

HR Trends 102
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8 ways HR expertise helps facilitate business growth

Insperity

In fact, your company’s strategic HR expertise is nothing less than critical in facilitating business growth and helping to avoid common pitfalls and challenges that can plague organizations trying to scale. So, what do we mean by “strategic HR?” It’s much bigger than the tactical HR functions we tend to first associate with HR.

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Are HR Departments A Requirement For Small Businesses?

Genesis HR Solutions

But for a successful small business, an HR function is required. In this article, we explain why you need an HR function for your business, no matter the size, but also what it means to have an HR function. Do we need an HR department—or something else? An Attractive HR Department Alternative: PEOs.

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How Global HR Services Can Support International Teams

HR Tech Girl

Further, they help remove the obstacles to hiring employees from international locations, ensuring that you remain compliant with the regulations that are local to your new team members. What Are Global HR Services? How Do Global HR Services Work? Technically, this arrangement is considered to be co-employment.

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5 Common HR Issues for Small Businesses and How to Solve Them

Extensis

While most agree AI is helpful (68% of executives agree its benefits outweigh its risks), identifying which HR functions are best suited for these up-and-coming tools can be tricky. In fact, only 22% of HR leaders are highly engaged in technology-related organizational discussions.

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Have you outgrown your PEO?

PeopleStrategy

Some companies choose to work with Professional Employer Organizations (PEOs) to handle their HR activities. Under the arrangement, the PEO becomes co-employer with the organization and takes responsibility for payroll, benefits and tax functions, and often also other main HR tasks. Growing pains.