Friday, May 28, 2010

Cost-effective Human Resource Management

Since federal and state regulation makes HR management mandatory, outsourcing HR responsibilities to PEOs could solve the issue of balancing resources.

PEOs offer cost-effective human resource management for client companies. These organizations help businesses reduce overall operational costs, as maintaining a HR department or utilizing the workforce to manage HR in-house could drain the income. Moreover, small companies may not have the required number of employees to maintain a HR department.

Comprehensive HR services

Since federal and state regulation makes HR management mandatory, outsourcing HR responsibilities to PEOs could solve the issue of balancing resources. A PEO offers services related to managing employees, administering employee benefits, payroll processing and delivery, managing employer risks, motivating staff, ensuring workplace safety, processing workers’ compensation claims, terminating employees, and more.

The human resource management services offered by PEOs generally include:

  • Online HR software solutions

  • Placement advertising

  • Recruiting, screening and placement

  • W-4 and I-9 forms

  • Employee self service

  • Employee screening

  • Employee performance reviews

  • Benefits administration for employees

  • Health and safety programs (OSHA compliance)

  • Unemployment claims management services

  • Immigration compliance

  • Conflict resolution

  • Termination assistance


Cost-effective and Flexible Services

All services offered by PEOs are meant to be cost-effective, making them really useful for companies that wish to streamline their business processes. Whatever be the size or nature of the business, PEO services are adaptable to the specific needs as well as the short term and long term objectives of the company. This flexibility makes cost-effective human resource management a solution that is sure to be successful, as has been proved already in businesses in North America and Europe.

Friday, May 14, 2010

Advantages of Outsourcing Payroll

Outsourcing your payroll can provide your business with important benefits such as cost reduction and focus on the core activities of your business.

Human resource management is one of the most important tasks of any business. It is complex and resource consuming. Outsourcing human resource management, though, will give the company the much needed time and resources to focus on the all-important operational side of the business, the revenue-generating tasks. Professional employer organizations (PEO) are the organizations to which HR tasks are outsourced. Payroll outsourcing is one of the services offered by PEOs. There are quite a lot of advantages of outsourcing payroll, as is the case with all outsourced HR tasks.

Payroll processing involves maintaining records accurately, calculating payroll taxes and handing out the paycheck to employees on time. Small and medium-sized business owners realize that outsourcing payroll services is more effective and cost-efficient than doing it on their own. One of the chief advantages of outsourcing payroll is that it saves time, as a PEO consists of experts in the legal and business fields who can carry out the task more efficiently, leaving you and your staff to focus on the core tasks of your business. You can hand over complex payroll tasks such as processing payroll, distribution of paychecks, W-2s, calculating employment taxes, handling employee payroll enquiries, and more to an external organization.

Another advantage of outsourcing payroll is the money gains. You can transfer your paid employees to other profitable tasks of your business. A cost evaluation would reveal the fact that outsourcing payroll services is more beneficial, especially for small and medium sized businesses. It also helps client companies avoid legal penalties as PEOs do the paperwork correctly. PEOs calculate payroll taxes accurately and also manage monthly or quarterly employment tax reports, submitting them on time.

It’s certainly a winning partnership for either party in the company - PEO relationship.

Outsourcing your payroll can provide your business with important benefits such as cost reduction and focus on the core activities of your business.

Relieve Your Tax Headaches

Payroll Outsourcing - Kruse PEO has a team of experts who are dedicated to handle your payroll with total accuracy and efficiency. We are full-service Professional Employer Organization (PEO) providing best-in-class human resources administration, payroll services, workers' compensation and risk management services and support.
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