Sunday, May 8, 2011

Cost-Effective PEO Services for Small and Medium Companies

Organizations tight on resources but seeking professional assistance in managing human resources can turn to cost-effective PEO services for small and medium companies.

How a PEO Helps

The term “PEO” stands for Professional Employer Organization. As the term signifies, PEOs offer comprehensive employee management solutions – not only literal management of employees and day-to-day affairs, but also the related legal compliance, accounting, workplace safety maintenance and awareness, benefits and payroll administration, and other responsibilities. The solutions offered by a PEO generally include:

  • Payroll and Tax Administration

  • Employee Benefits Administration

  • Workers’ Compensation Administration

  • Human Resources Administration

  • Risk Management

  • Regulatory and Government Compliance

  • Recruitment and Selection

  • Employer Liability Management

  • Immigration Compliance



Solutions Adapted to Your Company’s Needs

Cost-effective PEO services for small and medium companies ensure that these solutions, which are also offered for multinational corporations, are adapted to be cost-effective and adaptable to the needs of companies that operate on a much smaller scale. It is this affordability that makes PEO solutions attractive. They won’t seriously cause a dent in the client organization’s financial resources. Companies can discuss these details with PEOs and also specify whether they require the PEO to take over their HR administration or offer one or two of the solutions adapted to their needs.

PEOs can enable companies to procure coverage plans for competitive rates, understand State and Federal regulation better and thereby ensure legal compliance, adherence to OSHA standards and offer plenty of other advantages for client companies. Through cost-effective PEO services for small and medium companies, your organization is on the road to success.

Monday, May 2, 2011

Payroll Services for Businesses

Professional employer organizations (PEOs) provide comprehensive HR management solutions including payroll services for businesses.

What Are the Payroll Services Offered by PEOs?

Payroll services include paychecks and stubs, direct deposit to multiple bank accounts, payroll delivery, payroll deductions, garnishments and levies, flexible spending accounts, federal and state payroll tax deposits and returns, FICA, FIT & SIT tax withholdings, job cost accounting reports, cost allocation reports, filing of quarterly reports - FICA, FUTA, SUTA, new hire reporting, federal payroll summaries, production and delivery of W-2s, wage/hour law compliance, management of paid leave program, comprehensive payroll deductions, vacation & sick time accruals, and department summary.

Customized Services Just Right for Your Organizations

Payroll services for businesses are only one aspect of the human resource outsourcing solutions provided by PEOs. They enable companies to focus on their core responsibilities, their revenue generating tasks, while the workforce is managed in the most efficient and cost-effective manner by the PEO. PEO services are flexible and adaptable according to the needs of the client company. Whether the company is a multinational concern or a small or medium-sized firm, the PEO can offer economical HR management solutions for it.

Cut Costs and Increase Productivity and Earnings with Professional PEO Services

Client companies can opt to hand over all the HR management responsibilities to a PEO, or outsource part of the tasks such as recruiting and selection, payroll or benefits administration. This is the right way ahead for companies looking to cut costs and increase productivity and earnings. This is how organizations ensure their human resource responsibilities are handled in the most professional manner. With payroll services for businesses, companies can save time and resources processing payroll, all that can be spent on the revenue generating tasks.
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