|
Professional employer
organizations (PEOs) enable clients to cost-effectively
outsource the management of human resources, employee
benefits, payroll and workers' compensation.
PEO clients focus on
their core competencies to maintain and grow their bottom
line.
Businesses today need
help managing increasingly complex employee related matters
such as health benefits, workers' compensation claims,
payroll, payroll tax compliance, and unemployment insurance
claims.
Businesses across America
have discovered the incredible value of PEOs because they
provide:
- Relief from the burden of
employment administration.
- A wide range of personnel
management solutions through a team of professionals.
- Improved employment
practices, compliance and risk management to reduce
liabilities.
- Access to a comprehensive
employee benefits package, allowing clients to be
competitive in the labor market.
- Assistance to improve
productivity and profitability.
from NAPEO, What is a
PEO? |
|
Your company ("client") enters into an agreement with the
PEO
to establish a three-way relationship between you,
your employees and the PEO. You and the PEO become
co-employers, instead of the traditional employer
company/ employee relationship.
This allows the PEO to provide you with employment
administration relief and to transfer or share many
employer liabilities via our employer services
including:
-
Payroll (including
tax filings)
-
Workers
Compensation
-
HR Back Office Help
-
Employee Benefits
-
Government
Compliance assistance
-
Safety and Risk
Management
The PEO takes responsibility for HR administration
and compliance, for which it charges a service fee.
Your employees continue to work at your company
location, and you continue to exercise control over
your business.
 |
|
