article thumbnail

The Difference Between Employer of Record (EOR) and Professional Employer Organization (PEO)

Recruiters Lineup

This is where an Employer of Record (EOR) or a Professional Employer Organization (PEO) comes in. What is an Employer of Record (EOR)? In other words, the EOR becomes the official employer of the client’s employees. With an EOR, the employee is directly employed by the EOR and not the client company.

article thumbnail

The Role of an Employer of Record in Streamlining HR Processes

Recruiters Lineup

This is where an employer of record (EOR) comes into play, offering a valuable solution to streamline HR processes. Want to learn more about the role of an employer of record in streamlining HR processes? Below, we shed light on the roles of the employer of record in improving HR processes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Work tech investments: Why HCM is leading so far

HRExecutive

WorkTech confirmed that the HCM segment maintains its lead over the talent acquisition and talent management sectors, with payroll accounting for a significant portion of the HCM category’s share of work tech investments. IBM plans to skill 30 million people by 2030 in digital competencies, including training 2 million in AI.

article thumbnail

Building An HR Department: A Step-By-Step Guide

HR Tech Girl

Moreover, the efforts, actions, and strategies of HR departments help increase efficiency and optimize performance, including in the area of legal and financial matters. However, these departments are typically in charge of employee training and development, a critical area for company growth and progress.

article thumbnail

PEO vs HRO vs ASO: Outsourcing Human Resources for Your Business

6Q

They also are in charge of recruitment, performance management, and training. One of the most distinguishing features of a Professional Employer Organisation or PEO is that they become the employer of record when you partner with them. Image: Pexels. What is an HRO?

article thumbnail

What is a PEO? – Top 10 FAQs Business Owners Have About PEOs

Prism HR

A professional employer organization (PEO) is a human resources outsourcing company that provides HR services like payroll and benefits to small and mid-sized business clients. The PEO is the employer of record, responsible for paying your employee wages, taxes, and withholdings under its PEO tax ID numbers.

article thumbnail

Our 5 Most Popular Broker Blogs of 2023

Extensis

This growth trajectory means one thing: your SMB clients will continue to turn to you to align them with employee benefits and various HR services like recruiting and performance management assistance—all of which can be sourced through a trusted professional employer organization (PEO) partner. Read more > 3.