PEO stands for Professional Employer Organization. A PEO service is a firm that acts as your workers’ “employer” and handles all employment and HR matters for your work force. They leverage this arrangement to provide dramatically lower healthcare and insurance costs, as well as streamlined costs on HR services. Typically, a PEO charges either a …
Categorized: PEO - Page 3
Will a PEO Handle Hiring And Firing for the Company?
Posted On: 04/28/2020 | Categorized as:Many companies, especially smaller businesses, can struggle to provide HR services on par with larger corporations. One solution for this issue is to sign a co-employment agreement with a PEO, or professional employer organization. There are many services that a PEO can provide for a client company — including HR administration services like recruitment, assistance …
How Much Does a PEO Cost?
Posted On: 04/28/2020 | Categorized as:Cost is one of the most important considerations when looking at a potential PEO (Professional Employer Organization) partner. For most companies considering PEOs, HR needs have become either costly or excessively complex, or the organization wants the risk-management benefits of having a professional handle HR. This means that the PEO has to make a case …
What Is the Difference Between a PEO and a Staffing Company?
Posted On: 04/07/2020 | Categorized as:PEOs and staffing companies both offer HR solutions for businesses, but the sorts of services they provide are very different. PEOs offer a wide range of HR outsourcing solutions to ease the burden of paperwork for small- to medium-sized businesses. Staffing companies, on the other hand, offer one option for businesses looking to add workers …
What Is the Difference Between Employee Leasing and a PEO?
Posted On: 04/07/2020 | Categorized as:Many people confuse an employee leasing agreement with the co-employment agreement that you sign when you partner with a PEO. After all, both arrangements can alter how you hire and retain employees. The difference lies with your responsibility to the employee under each type of agreement. If you decide that partnering with a PEO is …
What Is the Annual Median Revenue Growth For PEO Users?
Posted On: 04/07/2020 | Categorized as:If you’re considering partnering with a PEO, you may be curious how the relationship is going to affect your bottom line. After all, there’s no sense moving forward with the partnership if it’s not going to help your business grow. When it comes to comparing similar businesses, companies that partner with a PEO tend to …
Is A Staffing Agency a PEO?
Posted On: 04/07/2020 | Categorized as:If you run a business and are considering for expanding your operation, you may be curious about what options are available to help you. You may have heard about staffing agencies and PEOs but aren’t sure if they are the same thing. A staffing agency is a different sort of entity than a PEO, which …