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What is a PEO? The solution to making your company great!

EmployeeConnect

A Professional Employer Organization , or PEO, allows businesses to outsource their administrative needs to a third party that specializes in these duties. This can include (but is not limited to) managing human resources, taking care of payroll, overseeing workers’ compensation issues, and offering employee benefits.

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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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Does Your Business Need An Employer Of Record?  

Hppy

An employer of record (EoR) is an individual or third-party company that works by assuming the legal responsibility for finding and hiring employees on behalf of foreign business owners. By going globally, you can increase your sales and profits. When you expand internationally, you have offices in different countries.

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A Small Business’s Guide to Hiring Seasonal Employees

Extensis

These workers help businesses meet increased demand during their peak periods, alleviate workforce burnout, and potentially reduce long-term recruiting costs. An uptick in sales at a specialty retail store before the winter holidays. Seasonal employees are hired temporarily to meet increased demand throughout the year.

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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? Payroll tax compliance. PEO Health Insurance.

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Employee Classification: A Practical Guide

Analytics in HR

Also, some people are hired for the duration of a project. Also, hiring temps is a great way to probe the workforce and test people’s skills without having to offer a permanent position. Also, hiring temps is a great way to probe the workforce and test people’s skills without having to offer a permanent position.

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Want to Grow Profitability? Look at HR for Help

Abel HR

As a business owner, when you think about how you can make your company profitable, your first thoughts are increasing sales, cutting costs and managing unavoidable expenses. A PEO helps you work smarter, not harder , which means more money in your pocket. How does HR help drive profit ? Efficiency.