A Professional Employer Organization (PEO) is, in essence a large employer. As such, it can legally offer benefits to its co-employees. A client company looking to partner with a PEO enters into a co-employment relationship. This relationship enables the PEO to provide important advantages for the company partnering with them. 1. HUMAN CAPITAL COST REDUCTION: …
Long gone are the days when the obvious or the only apparent choice was ADP for your company’s HR outsourcing needs. Now that we have access to more than 700 PEOs across the US and many more Non-PEO solutions, things are not so simple anymore. The good news is that there are more players in this …
If you run a business that has a higher probability of incurring workplace accidents such as construction, manufacturing, transportation, heavy equipment work and many others then you probably are keeping a close eye on your worker’s compensation costs. Workers’ compensation rates have been on the rise over the past few years. Often times this single …
Whether you provide early-stage financial capital to growth startup companies in IT, biotech, software or other ventures, PEOs (Professional Employer Organizations) are here to help your investments come to fruition quicker while reducing risk and cost. PEOs are large employer companies that handle Payroll, HR Administration, Worker’s Compensation and Employee Benefits. Accelerating your startup …
There are more than 700 PEO service providers in the US so how will you find the ones which are best suited for your organization? PEOs provide a vast array of services so you must look to find the PEO that has all the required components on your checklist. It is also important to shop around …
PEOs vary from one another but most offer a long list of services. Some of these services can be carved out and some cannot. Payroll is an example of a service that is mandatory in order to partner with a Professional Employer Organization (PEO). The reason for it is that the payroll is the needed …
In my previous posts I have discussed what is a PEO and what the benefits are to startups and established companies. Now I dig in deeper. It is important to know what type of PEO you need or what type of PEO you have if you already partnered up with one. Choosing the right type …
So you’ve heard about PEOs and HR administration outsourcing. Everybody is talking about benefits and how PEOs can help you grow your startup company. What every startup needs to know about PEO services. No plans for growth? Using a PEO might not be for you. Unless your business development plan includes additional hiring to begin …
Watch a video about PEO benefits and top reasons to use a Professional Employer Organization or read a detailed post about it below. PEO BENEFITS – TOP REASONS TO USE A PROFESSIONAL EMPLOYER ORGANIZATION A Professional Employer Organization (PEO) is, in essence a large employer. As such, it can legally offer benefits to its co-employees. …