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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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5 steps to more financially stable employees

Insperity

This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more. Promote the money-saving value of a flexible spending account.

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7 PEO benefits that can save you money

Insperity

They are when you outsource your heaviest HR burdens to a professional employer organization (PEO). In a nutshell, a PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits.

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

Insperity

Use an HR outsourcing company (such as a PEO or Professional Employer Organization). With PEOs, you get a whole suite of HR services , and your employees will get access to a variety of health insurance options, often through a group health plan sponsored by the PEO.

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Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

Insurance types: Medical, dental, vision, disability, and life insurance plans. Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. 401(k) and retirement plans. Considering a PEO?

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more. Flexibility in Benefits: An employee benefits platform can provide greater flexibility in the benefits employers can offer their employees.

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People over perks: Bridging employee benefits with strong HR

Insperity

For example, some employers are adopting health plans that cover, or at least provide some reimbursement for, reproductive health. Add health savings accounts and flexible spending accounts. Ask your provider if it’s possible to design plans for unique situations and goals.