|
Professional employer
organizations (PEOs) enable clients to cost-effectively
outsource the management of human resources, employee
benefits, payroll and workers' compensation. PEO clients
focus on their core competencies to maintain and grow
their bottom line.
Businesses today need help
managing increasingly complex employee related matters
such as health benefits, workers' compensation claims,
payroll, payroll tax compliance, and unemployment
insurance claims. They contract with a PEO to assume these
responsibilities and provide expertise in human resources
management. This allows the PEO client to concentrate on
the operational and revenue-producing side of its
operations.
A PEO provides integrated
services to effectively manage critical human resource
responsibilities and employer risks for clients. A PEO
delivers these services by establishing and maintaining an
co-employer relationship with the employees at the
client's worksite and by contractually assuming certain
employer rights, responsibilities, and risk |