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What is a PEO? The solution to making your company great!

EmployeeConnect

A Professional Employer Organization , or PEO, allows businesses to outsource their administrative needs to a third party that specializes in these duties. Some business owners balk at the idea of hiring a Professional Employer Organization because they worry that the PEO will gain control of their company and employees.

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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)?

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Tandem HR Acquires QTI’s PEO division

Tandem HR

Tandem HR announced the acquisition of The QTI Group’s Professional Employer Organization (PEO) division on August 31, 2021. The QTI Group is a privately owned human resources and staffing organization providing staffing, recruiting, compensation consulting, and outsourced HR to businesses headquartered in Wisconsin since 1957.

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What is Employee Leasing and How Does It Differ from PEO?

Extensis

And while many think employee leasing and co-employment are the same, they are very different. To clear up the confusion, let’s take a closer look at both employee leasing and co-employment, how they differ, and why a PEO isn’t the same as an employee leasing company. What is co-employment? What is employee leasing?

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Does Your Business Need An Employer Of Record?  

Hppy

What Is An Employer Of Record? An employer of record (EoR) is an individual or third-party company that works by assuming the legal responsibility for finding and hiring employees on behalf of foreign business owners. A study was conducted in 2022 and found that 52% of businesses prefer to use professional services.

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Future-ready HR: The versatility of full-service PEO partnerships

Insperity

They consult with client companies on a regular, ongoing and proactive basis. The ‘big picture view’ When you have multiple vendors, each assessing a portion of your business from a different angle, they don’t have the full picture to help inform their guidance and they can’t clearly see how their services impact other areas of your company.

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Here, explore the latest HR outsourcing trends, including the various types of HR outsourcing companies, which HR duties SMBs are offloading the most, and how to choose the right partner to help your organization simplify its workload and succeed. What does an HR outsourcing company provide?