Remove Employment Law Remove Outsource Remove Professional Employment Organization
article thumbnail

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

Business Management Daily

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. NAPEO (National Association of Professional Employer Organizations) economists Laurie Bassi and Dan McMurrer conducted research into PEOs.

article thumbnail

Global Employment Outsourcing (GEO) vs. Professional Employer Organization (PEO)

Global Upside

A PEO, or Professional Employer Organization, provides outsourced HR support, including benefits and payroll administration, HR guidance, and assistance with employment law compliance. We’re here to help clarify and simplify—and we’ll start with a dive into the murky definition of international PEO.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IFEBP Study Shows 40% of Companies Are Outsourcing Their Benefit Functions

Extensis

Quick look: The IFEBP reveals 40% of companies are outsourcing their benefit functions, due to ongoing challenges, such as managing benefit complexity. Managing employee benefits has become more complex over the years, which is why more companies are choosing to outsource these functions.

article thumbnail

HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Compliance and legal updates Reviewing and adjusting for evolving employment laws is one of the most important end-of-year HR responsibilities. Doing so enables organizations to safeguard against legal challenges, create a supportive work environment, and maintain operational efficiency.

article thumbnail

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

Extensis

Additionally, HR is constantly in flux: employment laws, top talent’s expectations, and workforce demographics change rapidly. Leverage outside help : If you aren’t sure your team has the bandwidth to manage the above suggestion, consider an HR outsourcing partner that can provide access to a range of vetted tools.

article thumbnail

8 ways HR expertise helps facilitate business growth

Insperity

In any of these scenarios, businesses are exposed and subject to more laws. Dealing with a variety of legal acronyms and employment laws across states and at the federal, state and local level can be incredibly complex. Begin hiring remote employees who live in other states. There is another solution: partnering with a PEO.

article thumbnail

HR Lineup - Untitled Article

HR Lineup

The EOR is responsible for tasks such as payroll processing, tax withholding, benefits administration, and compliance with employment laws and regulations. By outsourcing these tasks to an EOR, companies can focus on their core business activities and save time and money on administrative tasks.