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Professionalemployerorganizations (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 ProfessionalEmployerOrganizations) economists Laurie Bassi and Dan McMurrer conducted research into PEOs.
Are you wondering whether a ProfessionalEmployerOrganization (PEO) or payrollservice provider is the best fit for your company’s needs? What is a payroll provider? A payrollservice provider is a third-party company hired to process a company’s payroll. They are growth-oriented.
They are when you outsource your heaviest HR burdens to a professionalemployerorganization (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.
The good news: There’s help out there – it’s called a professionalemployerorganization (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.
Instead of moving forward toward your vision for your business, you’ll always be treading water, working like crazy just to keep from sinking. Using a professionalemployerorganization (PEO). If you’re in the market for a PEO, you may want to consider a certified professionalemployerorganization (CPEO).
What exactly do you get when you hire a professionalemployerorganization (PEO) to work alongside your business? PEO services generally fall under the following categories: HR. Health, dental, and vision plans. HR technology and employee self-service. Payroll tax filings. Compliance. Technology.
Benefits that it offers include: Medical and dental coverage Vision insurance Life insurance 401(k) plans Commuter benefits Access to health advocacy services On-demand primary care Fertility services Family-building services As you can see, Justworks offers some unique employer benefits that you won’t find on other programs.
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