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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

Make sure your new hires are fully informed. Easy-to-follow instructions for how to get questions answered, including contact information for: Your internal benefits representatives. Outside vendors, such as the insurance provider and investment company. So, what leads to this lack of participation? Hold a benefits fair.

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How PEOs empower midsize businesses to rise above today’s workforce challenges

Insperity

One solution is a professional employer organization (PEO) , an HR outsourcing option that performs the most comprehensive set of HR functions. While the business retains control over day-to-day operations, the PEO engages with employees on HR issues and ensures compliance with employment requirements.

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5 steps to more financially stable employees

Insperity

Offer disability insurance for added peace of mind. By offering short-term disability insurance, you allow new moms to go on maternity leave and still get paid a percentage of their income. Plus, when their short-term disability insurance runs out, long-term will kick in if they need it.

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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.

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Health Care Reform: 4 Ways to Find Health Insurance for Your Business

Insperity

Use a health insurance broker. Health insurance brokers specialize in finding insurance for companies. They will typically work with multiple insurance carriers, and provide you with informed recommendations on plans available from those carriers that best meet your needs.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Other types of insurance If an employee loses their ability to earn an income on a temporary or permanent basis, certain types of insurance can help protect their families and livelihoods. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.