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

Business Management Daily

There are many reasons, including being short-staffed and needing an internal Human Resources department, which is a reality for many small and medium-sized companies. Professional employer organizations (PEOs) offer a cost-effective solution to this problem. What is a professional employer organization (PEO)?

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7 Reasons To Consider a Professional Employer Organization

Insperity

In order to better allocate time and resources, many small businesses are choosing to turn over employee-related tasks to a professional employer organization (PEO). A PEO will take the majority of human resources responsibilities off your hands which creates improved efficiencies and streamlines HR functions by: 1.

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Your HR budget: 6 line items to prioritize right now

Insperity

Your human resources (HR) budget encompasses a wide variety of initiatives directly impacting your people and, therefore, your business success. Higher salaries for existing employees According to a Willis Towers Watson (WTW) survey that garnered approximately 28,000 responses from companies in 135 countries, including 1,550 U.S.

Salary 105
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Pay transparency: What you should know

Insperity

This can include identifying salary ranges in job postings, providing the pay scale for an employee’s position upon request or implementing formal policies around internal pay transparency within the organization. The information to be shared also varies – from providing salary ranges to sharing detailed compensation data.

Salary 88
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Employment laws to watch in 2019

Insperity

Employment law is ever-evolving, and 2019 is shaping up to usher in its fair share of changes. Employment laws tend to come in waves, with particular themes for each era. Today’s employment laws tend to be driven by perceptions of what’s fair to workers. Long ago, child labor was common and legal. Pay equity.

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Crucial HR KPIs to measure in today’s workplace

Insperity

Many Human resources (HR) key performance indicators (KPIs) have proven useful to track and measure consistently year over year. In addition to recruitment costs, salary offsets for employees who live in areas with a lower cost of living could represent a savings on the balance sheet over time.

Health 87
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Are HR Departments A Requirement For Small Businesses?

Genesis HR Solutions

As a small business, your human resource needs vary greatly, ranging from recruiting and onboarding to handling employee benefits, overseeing performance management, dealing with employee conflict, and more. Professional Employer Organizations (PEOs). Expert guidance in employment relationships.