Remove Human Resources Remove Professional Employer Organization Remove PTO
article thumbnail

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)?

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Don’t lose the humanity in human resources and technology

Insperity

Human resources and technology are now forever linked. Over the last few decades, new technology has increasingly become a major enabler of day-to-day human resources activity. If you lack the time or enthusiasm for this endeavor, partner with a professional employer organization (PEO) that can help you.

article thumbnail

When should you hire an HR manager, if at all?

Insperity

With that success comes the question: When should you hire a human resources (HR) manager? Some companies opt to establish an in-house human resources team. It all depends on the size of the human resources staff and your company’s budget and preferences. The employer has real-time access to employee data.

article thumbnail

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

Insperity

This may vary depending on a specific company and its organizational structure and culture, but generally the following parties should be present when an employee is terminated: The employee’s direct supervisor or manager A third-party witness (for example, the manager’s manager or a human resources [HR] professional).

article thumbnail

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.”

Payroll 110
article thumbnail

Employee offboarding strategy: Saying farewell the right way

Insperity

Issue final pay, which encompasses the last paycheck, unused paid time off (PTO) and pending bonuses. How a PEO can help If offboarding preparation and all the associated tasks sound overwhelming, a professional employer organization (PEO) can serve as a valuable resource for businesses.

PTO 111