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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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How to set up a payroll process: 10 steps

Insperity

Payroll processing is tedious and time-consuming, so choosing the right method for tackling it is a critical first step. Use a payroll service. Using an automated payroll service can help you avoid hassles and headaches without being as costly as hiring an accountant. Calculate payroll, and don’t forget deductions.

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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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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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A Guide to Payroll Management: Ensuring Smooth Financial Operations

Qandle

A well-structured payroll system also includes accurate record-keeping. This not only facilitates precise salary calculations but also serves as a valuable resource for audits and financial planning. Automation plays a pivotal role in modern payroll management.

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Resources for HR Pros

Abel HR

But Gusto also offers payroll services and time-trackers, track benefits, and access to HR experts. You can also use tools on their website such as: checklists to organize your workflow guides to refresh your memory on specific policies calculators to compute figures like taxes and salary.

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50+ PEO Services Your Company Should Be Using

Genesis HR Solutions

What exactly do you get when you hire a professional employer organization (PEO) to work alongside your business? PEO services generally fall under the following categories: HR. Expert guidance in employment relationships. Salary benchmarking. Payroll tax filings. HR & payroll customer support.

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