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

Prism HR

It’s your responsibility to ensure your employees are paid on time, stay safe throughout the workday, and have access to benefits like workers’ compensation, health insurance, and 401k. In-house staff solely focused on HR HR outsourcing A combination of 1 and 2. Using a PEO to outsource HR lets you focus on your mission and operations to deliver the best products and services to your clients. How does the PEO model work? How do I choose the best PEO for my business?

Shifting for the Gig Economy

HRExecutive

Uber and Lyft have become synonymous with the gig economy, but ridesharing is far from the only industry ripe with opportunities for on-demand work. From shelf stockers to restaurant workers to sales representatives, hourly workers are taking advantage of new platforms that give them the ability to control when, where and for whom they work—all with just the touch of a button. The Digital Demand. Shifting the Landscape.

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4 Reasons to Consider Leaving Your PEO after Employee #50

Namely

For growing companies with threadbare HR teams, the thought of leaving a PEO might cause cold sweats. Professional Employer Organizations (PEOs) take on HR, payroll, and benefits administration for their clients, typically businesses without an HR professional on staff. Clients enter into a “co-employment” relationship with the PEO, where the latter becomes their workforce’s employer-of-record for tax and compliance purposes.

Four Reasons You Need a New HR System by January 1

Namely - Talent

For most HR and payroll professionals, the beginning of the year is marked with dread, not confetti or champagne. It’s when the most pressing IRS deadlines are scheduled, new regulations take effect, and W-2s need to be squared away. Because a PEO becomes your employer-of-record for tax purposes, leaving one midyear has historically meant double paying certain taxes. You can learn how that works here.