Remove Onboarding Remove Payroll 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

4 Ways PEO Solutions Benefit Medical Practices

Extensis

For healthcare professionals, the demands of managing a practice can sometimes overshadow their primary mission: delivering high-quality healthcare. A professional employer organization (PEO) can step in as a powerful ally, simplifying operations, reducing costs, and allowing medical practices to focus on what truly matters most.

Insiders

Sign Up for our Newsletter

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

article thumbnail

HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Before diving into the latest HR outsourcing trends, it’s important to understand the various types of HR outsourcing companies, which include the following: Benefits consultants : Firms or individual professionals who assist companies with selecting, purchasing, and administering benefits plans. And the PEO industry is booming.

article thumbnail

5 HR Benefits PEOs Offer Non-Profit Organizations

Extensis

However, like any other organization, they also face challenges in managing their HR functions. That’s where professional employer organizations (PEOs) come in handy! That’s why more non-profit organizations are finding solace by partnering with a professional employer organization (PEO).

article thumbnail

For Brokers: Helping Clients Navigate HR Risks

Extensis

Here are some questions to consider asking: How are you managing payroll? Are you sure your payroll solution is compliant? They might employ an in-house HR or payroll coordinator tasked with the complete scope of HR functions, from onboarding to payroll to benefits administration and beyond. State unemployment.

article thumbnail

Top HR Challenges Found in HR Dive’s 2022 Identity of HR Report

Extensis

This year has been busy for HR professionals, and many businesses encountered a rising need to outsource HR tasks. According to the data, HR service vendor use increased in nearly every category: Payroll services jumped 15% year-over-year (from 53% of respondents using the services in 2021 to 61% this year). Cultural changes.

article thumbnail

20 Top HR Technology Trends in 2024

HR Stacks Blog

Payroll technology advancement Human resource professionals have been forced to compensate for a dynamic workforce since there are no more limitations to hiring people from nearby regions only. Also, as there is increase in remote business global payroll management has become a regular practice.