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What does PEO stand for in HR?

HR Lineup

A PEO also referred to as a professional employer organization, has continued to gain recognition mainly due to its benefits to small and medium-sized organizations within the United States. So, what does PEO stand for in HR, and what benefits does it bring to an organization? Read along to find out. Conclusion.

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Furlough vs. layoff: What’s the difference, and what do employers need to know?

Insperity

PTO payout. Laid-off employees are removed from the payroll and, in states that require it, must be paid for any unused paid time off (PTO) they have accrued with their final paycheck. You can allow employees to use PTO during the furlough, but you’ll likely want to consider the pros and cons of this option.

PTO 102
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Overworked employees: 6 warning signs to watch for

Insperity

Beware of comments such as, “I practically live here,” or “I wish I could take a vacation, but I would have to work 40 hours extra just to take one,” or “I can’t remember the last book I read for fun.” Send out regular salary surveys to see how your organization stacks up. Getting to the bottom of burnout.

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Employee sabbaticals: Are they right for your company?

Insperity

Professors and doctors are known to take extended time off to get additional training and author books or peer-reviewed articles. First, paid time off (PTO) is typically given to all employees and follows a specific formula, such as two weeks’ vacation after the first year of employment. How often may a sabbatical be taken?

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The business challenges that make it hard to be an employer

Insperity

To craft a persuasive one, begin by clearly identifying the things in your business that will encourage top talent to sign on and stay, including: Good health benefits Competitive compensation Competitive leave options, including paid time off (PTO) Workplace perks ( flexible schedules , free lunches, snacks, etc.).

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What is a PEO?

Insperity

The good news: There’s help out there – it’s called a professional employer organization (PEO). These organizations can work with your company to provide comprehensive and affordable payroll, benefits and human resource services through a business-to-business relationship called “co-employment.

Payroll 101
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When should you hire an HR manager, if at all?

Insperity

Broadly speaking, there are three key options to choose from: hire an HR director and build an in-house team; hire a small handful of HR managers who utilize an array of HR technology tools; or outsource your HR needs to a professional employer organization (PEO). The employer has real-time access to employee data.