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PEO Vs. Payroll Service Providers: How Are They Different?

Genesis HR Solutions

Are you wondering whether a Professional Employer Organization (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.

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What is a PEO and how can it help small businesses?

Higginbotham

A Professional Employer Organization (PEO) offers a solution. What are Professional Employer Organizations? PEOs are Professional Employer Organizations. The term co-employment is also used. PEOs can provide a wide range of services related to being an employer.

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The Top Payroll Companies in Massachusetts

Genesis HR Solutions

But is a payroll company really all the help you need? Keep reading to find out whether your ideal solution is purely payroll, or if you might benefit more from a slightly different option (that still includes payroll services): a PEO. Top Payroll Companies in Massachusetts: A Quick Search. Granite Payroll.

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Benefits of outsourcing HR for small businesses

Business Management Daily

You can find HR experts in a wide range of HR areas or contract with a full-service provider that can handle them all. Benefits administration: HR outsourcing providers can handle day-to-day benefits administrative tasks or provide access to a software system for better employee self-service regarding benefits.

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7 PEO benefits that can save you money

Insperity

And how would providing your employees with access to big-business benefits improve your recruiting and retention efforts? They are when you outsource your heaviest HR burdens to a professional employer organization (PEO). Want to learn more about how a PEO can benefit your business? What exactly is a PEO?

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Small business HR outsourcing options

Business Management Daily

Professional Employer Organizations (PEOs) Professional employer organizations (PEOs) work a bit differently than HR outsourcing firms or consultants. A PEO acts as a co-employer rather than an external party. This means that your team members will also be employed by the PEO company.

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Why Do Companies Outsource HR? 8 Compelling Reasons

Genesis HR Solutions

For many small and midsize businesses, procuring affordable, comprehensive options can be a challenge; owners are left trying to DIY their benefits (at a higher cost) and passing along the expense to their employees. Read more about the benefits packages and insurance offerings you could get if you partner with Genesis.

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