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PEO Costs: Does PEO Make Sense for Your Business?

Zenefits

According to the National Association of Professional Employer Organizations (NAPEO), more than 15% of businesses with 10-99 employees rely on PEOs for payroll, record keeping, and other HR functions.¹ PEOs and their clients are considered co-employers. Recruit, hire, and fire staff.

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Benefits of outsourcing HR for small businesses

Business Management Daily

With human resources outsourcing, small businesses can get help from an external party in managing their HR activities. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. What HR functions can you outsource? Almost any human resources function can be outsourced.

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Should You Outsource Your HR Team?

Zenefits

Businesses will outsource their HR functions to save on a full-time employee’s cost and gain access to specialized expertise. Some reputable HR outsourcing companies like Zenefits can provide a full range of services, including recruiting, onboarding, payroll, benefits, and staying compliant with employment laws.

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PEO for Small Business? Yes, Yes, and Why.

Zenefits

They do all this while helping to ensure that the company remains in compliance with employment laws and regulations. PEO companies have a co-employment arrangement with their clients. This means that the PEOs and the businesses with which they work share the responsibilities of being employers.

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Should Your Company Have an HR Professional On-staff or Outsource?

Zenefits

Then there are the options, do we need someone full- or part-time, or should we outsource the function altogether? The first question isn’t whether or not to hire or outsource but whether keeping the HR functions in-house is cost-effective. Someone must be HR. Someone is managing these functions. Talent management.

Company 74
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How to Keep Your HR Engine Running During Economic Slowdowns

Zenefits

The HR function is an organizational engine — whose job is to find the right people and steer them toward the company mission. When economic slowdowns occur, the HR engine must adapt; otherwise, it will sputter and impede business progress. For this reason, you must prepare your HR engine for economic speed bumps.

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PEO Benefits: How to Grow With a PEO

Zenefits

Simply put, a PEO is a full-service human resources outsourcing opportunity also referred to as co-employment. PEOs provide administrative tasks and support for payroll processing, benefits administration, strategic services, compliance, and other time-consuming HR functions.