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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.

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PEO Costs: Does PEO Make Sense for Your Business?

Zenefits

A professional employer organization (PEO) provides a range of services to companies that want to outsource human resources administrative tasks. They are staffed by professionals specializing in human resources, taxes, compliance law, and accounting. PEOs and their clients are considered co-employers.

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What is a PEO (& why do you need one)?

Genesis HR Solutions

A Professional Employer Organization (PEO) allows its clients to outsource many of their human resource functions, share employment liability, and, oftentimes, gain economies of scale to bring an improved benefits package to their employees. How can PEO services help my company? PEO Health Insurance. PEO Benefits.

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

Extensis

This collective call for support gives brokers and PEOs an opportunity to work together to help clients ease their HR burden and prolong business growth. Rather than piecemealing a HR plan together through separate vendors, there’s the value of a comprehensive, customizable HR solution through a PEO partner to consider.

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HR Lineup - Untitled Article

HR Lineup

Under the EOR model, the employer transfers certain employment-related responsibilities to the EOR, which becomes the legal employer of the workers. The EOR is responsible for tasks such as payroll processing, tax withholding, benefits administration, and compliance with employment laws and regulations.

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New Employment Laws 2023: What SMBs Need to Know

Extensis

Quick look: A new year brings a range of new HR and employment laws. The new year is in full swing, and just like last year , if there’s one thing that human resources (HR) professionals can expect in 2023, it’s a slew of new employment laws.

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5 Reasons to Outsource Payroll Through a PEO

Tandem HR

A Professional Employer Organization, or PEO, can provide you with payroll services and many other HR advantages. Here are five reasons to outsource your payroll through a PEO. A PEO combines the employees of many small and mid-sized organizations to create a larger pool for better benefits rates and minimal liability.

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