What Is a PEO?

An in-house human resources department is an expense that most small and growing businesses can’t afford. If your HR department is draining resources only to weigh your company down, why not let a provider take on some of the burden? A qualified outsourcer can hire, onboard, and train new employees for any of your departments.

Outsourcing companies have decades of experience finding qualified candidates, so you can trust them to provide new hires that are experts in their field. When you outsource your HR to a provider, they’ll also help you structure your company and strategize your practices through organizational development.

An HR company will provide quality services to your hard-working employees. They’ll help you create a sexual harassment policy that makes your workers feel safe, and handle any complaints that your employees have. They’ll also conduct regular performance reviews so you can keep your staff on track to succeed.

Handling your risk management without a partnership can be extremely difficult, laborious, and expensive if mistakes are made. Fortunately, a provider can reduce your liability and involvement in risk management, so you can pursue projects that are more important to your company.

A provider can also handle any workplace injury, wrongful termination, or employee discrimination claims that are brought against you. They’ll also help you implement practices that will dramatically reduce your risk of being met with such claims.

If you’re planning on partnering with a provider, you might be wondering if they’re required to carry workers’ compensation insurance to handle claims. The answer is yes, but you’ll also need to retain your workers’ compensation coverage. Since you and your provider are technically co-employers of your workforce, you’ll share workers’ comp liability.

To share workers’ comp liability with your partner, you’ll have to let the IRS know that they’re an official co-employer of your staff. Workers’ compensation liability can be a complicated matter, but our team is here to answer any questions you have.

When you partner with a co-employer, your staff becomes part of a much larger network of workers, which allows your partner to offer high-quality benefits to your employees. With a provider, your workers will have access to benefits that you’d expect to see at a massive company like Google or Facebook.

When your employees hear about their new health insurance and retirement benefits, they’ll feel much more appreciated and comfortable w. They’ll also be less likely to put in their two weeks notice and move to a job with better perks. Here are some of the benefits you and your employee will enjoy when you partner with a professional employer organization:

Medical
Dental
Vision
401k and IRA retirement options