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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? Life insurance. What is a PEO.

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5 ways you can help employees get the most from their benefits

Insperity

In most companies, employees can change some benefits, especially health insurance, only during an annual open enrollment period. Exceptions are made for qualifying life events, such as the birth or adoption of a child. Open enrollment is your big chance to showcase your employer-sponsored health insurance.

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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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5 steps to more financially stable employees

Insperity

Offer disability insurance for added peace of mind. In the event an employee is unable to work for a period of time, they can have peace of mind there is some level of income replacement available to them during their absence. Plus, when their short-term disability insurance runs out, long-term will kick in if they need it.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

JustWorks Justworks is a professional employer organization (PEO) specifically tailored to cater to the needs of small and midsize businesses. Offers extensive savings through exclusive discounts and deals. Cons Users may encounter difficulties in determining which transactions or actions qualify for earning cashback points.

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People over perks: Bridging employee benefits with strong HR

Insperity

Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Life insurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred. A PEO, however, can ease much of the stress.

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16+ types of employee benefits you should consider

Genesis HR Solutions

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

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