
What does a Payroll service provider or PSP do? Typically, A Payroll Service Provider (PSP) is responsible for handling all tasks related to paying employees and federal payroll taxes. However, it is pertinent to mention that employers retain liability for their employees at all times. Additionally, many PSPs provide a more robust set of services, but under the...
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They say that with great power comes great responsibilities. Similarly, as businesses grow, so do their responsibilities. In such circumstances, a business owner justifiably looks for a helping hand. This is where a strategic partnership with a Professional Employer Organization (PEO) can be advantageous. This is a viable solution to enable businesses to focus on their core aspects and...
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There are multiple partnership options you can consider for handling your HR-related responsibilities and tasks. Two of the most common are PEO and staffing companies. However, the terms are often interchangeably used due to the kind of services they provide. Despite some similarities, both serve at two different ends of the HR spectrum. We will discuss other...
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What is a PEO? PEO is an abbreviation for the “Professional Employer Organization.” A PEO provides administrative and HR assistance as well as employee management services to businesses. Simply put, it acts as an employer for the employees of a client company. The PEO acts as the “Administrative employer”...
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A Professional Employer Organization, or, PEO, can provide many advantages to any company with employees of almost any size. Outsourcing the following tasks to a PEO can save the company both time and money while maintaining improving relations with its employees. Some examples of their advantages are: Benefits procurement and administration Payroll processing, taxes, and all...
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What is HR outsourcing? Outsourcing involves completing a task or service more efficiently by asking someone else to do it. If a company finds someone or another company offering to complete its tasks for less than what they are paying for it now, it is usually favorable. In simple words, Human Resource Outsourcing is a...
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Are you looking forward to hiring a PEO to lessen your organizational burdens so you can focus on other core business aspects? Well, that is quite a move! Now, you must be wondering what goes in a contract that you make with a PEO firm? Fair enough! In this...
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Are you looking forward to expanding your team as your business prepares for bigger and better challenges? It is understandable how pressures can build–up, and the Human Resources department may find itself deep in a pit due to the ever–growing needs of the employees and ever-changing laws and statues related to compliant employment. The same can be...
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What does PEO mean? A PEO stands for a professional employer organization. They offer comprehensive HR services for small and medium-sized businesses. This includes handling employee wages, taxation issues, and assisting with employee regulatory compliance. Nowadays, more and more businesses are turning to partnership with PEOs as it is...
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Have you been too caught up lately? Is the workload too much to handle right now? Well, hiring a Professional Employment Organization (PEO) could be the best solution to lighten your load. Working with a PEO company can help to alleviate the workload and distractions, and provide a significant...
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