Posts tagged PEO
(HRO) Human Resource Outsourcing: Lifting Small Business Burdens

Human Resource Outsourcing (HRO) takes all or some human resources tasks and hires a third-party source to administer it. An HRO might be contracted to conduct payroll and the subsequent taxes associated with it. It could also handle all employee benefits. Unlike a Professional Employer Organization (PEO), the HRO is usually an a la carte service provider, handling what a company needs instead of bundling all services.

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What is a PEO?

A Professional Employer Organization (PEO) is a company that serves as a human resources partner for businesses that want to outsource the tasks and reduce costs. To legally administer many of the roles, the PEO becomes a joint-employer through employee leasing, meaning that they are the employer of record. This gives the PEO both the ability to manage employees and shared liability

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Why use a PEO Broker?

First off, if you're scratching your head at the word "PEO," head over here first. This article is a must-read too, but it'll more helpful once you've learned about how a PEO can help boost your business' profitability while saving you weeks of time each year.

Are you in a PEO now? Were you once in a PEO? Read the above article or already know about PEOs? Then you know the advantages that they can bring. But here's why you should never go PEO-hunting without a broker again.


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Are you getting the best deal on your PEO?

If you're currently in a Professional Employer Organization (PEO), you've probably wondered if you should have played the field a little more. PEOs are guilty of relying on the complexity of their set-up to obscure costs and keep you from being as well-informed a customer as you might for other services like an accountant or a software vendor.

But "difficult to tell" doesn't mean unknowable. Read on to find out how to do your due diligence with any PEO.


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What is a CPEO?

The Affordable Care Act legislation introduced the need for companies with over 50 employees to provide health insurance to all of their workforce to avoid tax fines. This, of course, means that medium to large companies are experiencing significant increases in overheads as health insurance premiums continue to rise year on year. As a result, the popularity of Professional Employer Organizations (PEOs) have soared in popularity as a method of reducing costs.

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