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PEO vs. Payroll: Comparing Professional Employer Organizations to Standard Payroll Service Providers

Zenefits

They can choose either a standard payroll service provider (PSP) or a professional employer organization (PEO). Here we’ll compare and contrast PEO vs. payroll services alone. What is PEO? A professional employer organization is a company that provides a wide array of HR services for employers.

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What Does PEO Mean?

Zenefits

PEO stands for Professional Employer Organization. What does a PEO do? PEOs manage payroll, taxes, employee benefits, compliance, and other administrative tasks so you can focus on growing your small business. An important thing to note is that a PEO is different from using HR software services. Sound confusing?

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HR Headaches: Should I Choose a PEO or HRIS?

Zenefits

PEOs and HRIS represent different approaches for streamlining HR management. Many business owners turn to professional employer organizations (PEOs) or human resource information systems (HRIS) to ease the burden. Let’s look closely at PEOs and HRIS to see how they compare. What is a PEO? PEO positives.

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Best HR software for small business

HiBob

Insperity Insperity is a full-service HR and professional employer organization (PEO) solution that allows small businesses to outsource payroll, benefits, compliance, and more. Justworks Justworks is another PEO that handles HR, payroll, and onboarding for small businesses. Papaya’s system integrates with existing HRIS systems.

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PEO vs. HRO: Which Is Better for Your Business?

Zenefits

If you’re wondering which would serve your organization better, a PEO vs. HRO , read on for our in-depth comparison. What is a PEO? PEO is short for a professional employer organization. Working with a PEO means entering into an employer partnership in which the PEO becomes the employer of record.

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7 Benefits Administration Software Systems for 2024

Terryberry

TriNet Previously Zenefits, TriNet is a cloud-based HR software that's ideal for start-ups and small businesses. Deel Often cited as the best benefits administration software for remote employees, Deel offers employer-of-record services in over 100 countries. NOT NO MORE!"