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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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May 2024 Legal Updates

ComplianceHR

We help companies address the ever-changing federal and state employment law requirements. Chiefly, we provide employers of all industries, sizes, and locations with solutions that empower employers to handle complex compliance issues. Below is a reminder of May 2024 legal updates with effective dates.

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

Extensis

And, in turn, as challenges continue to rise, it’s become an advantage for brokers and their clients to receive expert services and support through a professional employer organization (PEO). While health and retirement plans still top the list, the inclusion of voluntary benefits is necessary as well.

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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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The Difference Between Employer of Record (EOR) and Professional Employer Organization (PEO)

HR Lineup

One of the biggest challenges is managing the employer-employee relationship, and this is where Employer of Record (EOR) and Professional Employer Organization (PEO) services come in. In an EOR relationship, the EOR is responsible for administering employee benefits , such as health insurance and retirement plans.

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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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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.