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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.

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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

When an organization needs to reduce its payroll due to financial hardship, there are two options employers may consider: furlough vs. layoff. A layoff is a way for employers to part ways with employees for reasons that have nothing to do with the employee’s job performance. What is a layoff? What is a furlough?

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The business challenges that make it hard to be an employer

Insperity

Employers have always faced a lot of business challenges. But if it seems like it’s harder to run an organization now than in the past, your perceptions are correct. Among the top business challenges for employers are those related to managing compliance and employment risk. Compliance and risk management.

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COVID-19 vaccinations for employees: Can employers mandate it?

Insperity

Employers and business leaders must decide how to handle COVID-19 vaccinations for employees. Equal Employment Opportunity Commission (EEOC) EEOC proposed wellness rules. In many situations, employers can require employees receive a COVID-19 vaccine prior to returning to a workplace. Incentivizing vaccines.

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

Insperity

It could be: Voluntary (resignation) Involuntary (layoff or firing for performance, conduct and behavioral issues) A mutual agreement that the employment arrangement isn’t a good fit for either the employee or company. Therefore, we are terminating your employment. Termination means any separation from a company, for any reason.

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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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