This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
One of the biggest challenges is managing the employer-employee relationship, and this is where Employer of Record (EOR) and ProfessionalEmployerOrganization (PEO) services come in. They both offer a range of services, including payroll, taxes, benefits, compliance, and risk management.
ProfessionalEmployerOrganizations (PEOs) have emerged as a strategic solution for managing human resources effectively. This article explores what PEOs are, their services, and their impact on HR practices with real-world examples. What is ProfessionalEmployerOrganization (PEO)?
EOR is a popular business model that helps employers manage their workforce by taking on certain responsibilities related to human resources and payroll. In this article, we will discuss how EOR service model works and the three types of EOR contracts you should know about. What is an Employer of Record (EOR)?
Are you wondering whether a ProfessionalEmployerOrganization (PEO) or payroll service provider is the best fit for your company’s needs? What is a payroll provider? A payroll service provider is a third-party company hired to process a company’s payroll. Use Cases For Payroll Providers.
PEO versus payroll companies. Well, turns out one of these things are not like the other and not just because they don’t involve sports teams and packed stadiums, but rather because there really isn’t any rivalry, per se, between a PEO company and a payroll company. Green Bay Packers versus Chicago Bears.
There are several factors to think about once you’ve established a business regarding the complexities of payroll. Questions around how payroll relates to hiring and managing employees, payroll, benefits, taxes and workers compensation are all important to consider. Determine your payroll schedule.
Wondering what a contract with a professionalemployerorganization (PEO) might entail? A PEO agreement (also known as a PEO client service agreement) is a legal document that precisely spells out who’s responsible for what in the co-employer arrangement. Employer compliance. Employer practices liability insurance.
That’s why you should consider hiring a PEO (professionalemployerorganization) for your nonprofit. This article identifies three common challenges nonprofits deal with and how partnering with a PEO can help you overcome them—and get you back to working on your mission. You stay in control of your organization.
What is a ProfessionalEmployerOrganization (PEO)? According to the National Association of ProfessionalEmployerOrganizations ( NAPEO ), “A professionalemployerorganization (PEO) provides comprehensive HR solutions for small and mid-size businesses. Your company needs a PEO.
When choosing a professionalemployerorganization (PEO), there is an entire checklist of items you should consider to make sure you choose a partner that is a good fit for you. In this article, we’re honing in on one of the most important aspects of working with a PEO—the tax perspective.
From my perspective, as the president and CEO of a ProfessionalEmployerOrganization (PEO) and an HR veteran, there are two types of PEOs small and midsize business have to choose from: PEOs who lead with technology, or. Payroll tax compliance. Well, if you’re reading this article, you’ve found a people-led PEO!
In this article, we explain why you need an HR function for your business, no matter the size, but also what it means to have an HR function. ProfessionalEmployerOrganizations (PEOs). Dedicated HR & payroll support team. Expert guidance in employment relationships. Payroll processing (multi-state).
In this article, we’ll pick apart these acronyms (plus several other related terms) so it’s clear what they all mean, and point out how each of these alternative human resource services compares to PEO companies. ProfessionalEmployerOrganization (PEO): A Definition. How PEO Companies Compare To 4 Alternatives.
In this article, we’ll discuss the differences between a professionalemployerorganization (PEO) vs. EOR, and why companies should consider a PEO first. An employer of record (EOR) is a third-party company that takes over as the legal employer for your workforce. EOR vs. PEO: What’s the difference?
In this article, we’ll discuss the differences between a professionalemployerorganization (PEO) vs. EOR, and why companies should consider a PEO first. An employer of record (EOR) is a third-party company that takes over as the legal employer for your workforce. Payroll processing and tax compliance.
This article aims to give you a definition and show you how your business can benefit from one. What is a PEO: ProfessionalEmployerOrganization. A PEO, also known as ProfessionalEmployerOrganization, is an outsourced employee management service. But what exactly is a PEO?
NAPEO ) This article is for leaders of small to midsize businesses and HR managers who are interested in learning what, exactly, a co-employment relationship is and how it’s related to partnership with a PEO. Co-employment sits at the heart of the relationship between professionalemployerorganizations (PEOs) and their clients.
It must be a Certified ProfessionalEmploymentOrganization (CPEO). As of 2017, professionalemploymentorganizations are eligible to become certified through the IRS (thus Certified PEOs). Choosing The Best PEO For Small Businesses: 5 Non-Negotiables. It is an ESAC-accredited PEO. Genesis does!
GenesisHR provides customized ProfessionalEmployerOrganization (PEO) solutions that pair knowledgeable experts with leading technology, scaling with you as your business grows. You can learn more about what it means to work with a PEO in this article. Compliance.
In this article, we’ll pick apart these acronyms (plus several other related terms) so it’s clear what they all mean, and point out how each of these alternative human resource services compares to PEO companies. ProfessionalEmployerOrganization (PEO): A Definition. How PEO Companies Compare To 4 Alternatives.
In this article, we’ll pick apart these acronyms (plus several other related terms) so it’s clear what they all mean, and point out how each of these alternative human resource services compares to PEO companies. ProfessionalEmployerOrganization (PEO): A Definition. How PEO Companies Compare To 4 Alternatives.
What is a ProfessionalEmployerOrganization? A ProfessionalEmployerOrganization (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. PEO Payroll.
This article outlines some best practices with regard to benefits administration for new hires; use them to review and improve your benefits administration process. For employers, it’s easier to administer, because training and onboarding material can be put together once and then used over and over again.
Consider Integration and Compatibility Ensure the platform seamlessly integrates with your existing HR systems, payroll software, and other relevant tools. JustWorks Justworks is a professionalemployerorganization (PEO) specifically tailored to cater to the needs of small and midsize businesses.
You don’t have the time to take care of all these tasks on your own (or within your already established team), so you’re considering outsourcing to a ProfessionalEmployerOrganization, or PEO company. (If Each of these areas has designations professionals can obtain through organizations like SHRM.
If you’re asking yourself any of these questions, this article is for you. GenesisHR can help your small business get HRA plan documents; administer your ICHRA; take deductions through payroll, and more. Should you provide insurance at all? Are there alternatives? You can learn more here. PEO Group Insurance* (Genesis Pick).
The goal of offboarding is to ensure a smooth exit for the leaving party as well as the employer, which includes making sure all the relevant administrative tasks are taken care of. Typically, these tasks include aspects of payroll, benefits, company property, and systems and files. The Difference Between Offboarding And Onboarding.
In this article, we’ll look at: The benefits most businesses offer. That’s why most employers contribute (many significantly) to health insurance—covering anywhere from 50% to 100% of the total cost. Learn everything you ever need to know about ProfessionalEmployerOrganizations (PEOs) in this free guide.
We discuss internal communications and employee engagement at length in the following articles, which I recommend especially for remote workplaces: Managing Remote Workers: 9 Things You Must Know & Do Why Are So Many People Quitting Their Jobs? And 5 Solutions 5. GenesisHR can help.
HR professionals handle countless processes and workflows like payroll , recruiting, onboarding, measuring employee performance , and monitoring employee engagement. Without ways to centralize your employee data and process payroll , manually knocking out HR tasks becomes nearly impossible.
Get ready: You’re about to read the ultimate guide to professionalemployerorganizations, also known as PEOs. This article covers: What is a PEO? PEOs and the co-employment relationship. PEO benefits for employers. Information about certified professionalemployerorganizations (CPEOs).
At the end of this article, we’ll explain how a professionalemployerorganization (PEO) can help you select, negotiate, and administer best possible benefits for your company. This NerdWallet article breaks down the differences between short-term disability insurance and long-term disability insurance.
Retain all payroll records for three years. The solution: Refer all communication from terminated employees to your HR department or professionalemployerorganization (PEO). Additionally, punitive damages may be awarded to punish an employer who has been particularly malicious or reckless.
Process new employee paperwork, including I-9s Maintain employee files Prepare employee payroll Process employee termination paperwork Ensure requisite compliance posters are posted and OSHA logs maintained. Consider hiring a company that specializes in payroll processing to ensure that requisite payroll taxes and deductions are withheld.
We organize all of the trending information in your field so you don't have to. Join 46,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content