article thumbnail

Professional Employer Organization (PEO): Right for Your Business?

Business Management Daily

Professional employer organizations (PEOs) offer a cost-effective solution to this problem. Besides the cost savings, working with a PEO can yield many benefits to employers. NAPEO (National Association of Professional Employer Organizations) economists Laurie Bassi and Dan McMurrer conducted research into PEOs.

article thumbnail

Understanding Professional Employer Organizations (PEOs): A Comprehensive Guide

Qandle

Professional Employer Organizations (PEOs) have emerged as a strategic solution for managing human resources effectively. What is Professional Employer Organization (PEO)? A Professional Employer Organization (PEO) is a company that provides comprehensive HR solutions to businesses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

5 ways insurance brokers benefit from working with a PEO

Insperity

Insurance brokers and professional employer organizations (PEOs) are supposed to be competitors, right? Other brokers provide a wider range of services, such as benefits administration, cost negotiation and consulting. Furthermore, brokers themselves can benefit significantly from working with a PEO. Let’s explore how.

article thumbnail

A Guide To Hiring A Business Expansion Consultant

Hppy

Unless you’re willing to invest the sizeable internal resources required when expanding internationally , it’s worth considering the services of a business expansion consultant. Benefits of Hiring a Business Expansion Consultant. As such, a business expansion consultant can help you with the following: . An agent of change: .

article thumbnail

Employee terminations 101: What to say and do when it happens

Insperity

This may vary depending on a specific company and its organizational structure and culture, but generally the following parties should be present when an employee is terminated: The employee’s direct supervisor or manager A third-party witness (for example, the manager’s manager or a human resources [HR] professional).

article thumbnail

How to reduce workers’ compensation costs: 3 proven strategies

Insperity

Consider using: A third-party consultant – Independent workplace safety consultants typically charge about $100/hour. Your workers’ compensation insurance carrier – Many carriers provide fee-inclusive safety consultation services to their customers. Join a PEO. A PEO can help you : Choose workers’ compensation plan coverage.