Remove Health Remove Payroll Remove Payroll Service
article thumbnail

PEO Vs. Payroll Service Providers: How Are They Different?

Genesis HR Solutions

Are you wondering whether a Professional Employer Organization (PEO) or payroll service provider is the best fit for your company’s needs? What is a payroll provider? A payroll service provider is a third-party company hired to process a company’s payroll. It’s not difficult to find payroll service vendors.

article thumbnail

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

Business Management Daily

Through co-employment agreements, PEOs outsource vital HR solutions like: Payroll processing Benefits administration Risk management Onboarding Workforce management Performance management These are only a few HR services that PEOs offer, and they come at a fraction of the cost of hiring an internal HR department.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

How voluntary benefits work Voluntary benefits are arranged by employers but either paid for by staff via payroll deduction or by the employers themselves. Roll them out a few at a time, starting with life insurance, dental/vision and/or disability insurance. cancer insurance) Pet insurance.

article thumbnail

3 ways outdated payroll processes hurt your business

Insperity

Payroll is a top priority for any business. By the same token, business leaders want payroll to be easy and hassle-free, so they can concentrate on growing their businesses. By the same token, business leaders want payroll to be easy and hassle-free, so they can concentrate on growing their businesses. Compliance risks.

Payroll 70
article thumbnail

What is a PEO?

Insperity

Is your payroll a pain in the neck? 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.” Payroll processing. Are you bogged down by employee paperwork?

Payroll 98
article thumbnail

Understanding Payroll maturity – four ways to optimise your Payroll practices

Ascender

In recent years, Payroll processes have significantly evolved thanks to the move towards transformation projects, the increased adoption of cloud and the desire for Payroll practitioners to get more involved in business operations. Payroll maturity can be a challenge to measure, as its definition changes from company to company.

Payroll 40
article thumbnail

7 PEO benefits that can save you money

Insperity

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. Working with a PEO can decrease your payroll-processing and related accounting costs. So, where are the savings? Retirement plans.

401(k) 66