Professional Employer Organizations

Professional employer organizations (PEOs) are organizations that specialize in human resource (HR) outsourcing solutions. With human resource management becoming an increasingly elaborate and complex task due to constant changes in government regulations, businesses of all sizes have felt the need for expert assistance to offer advice on, assist in, or even assume their HR responsibilities.

Companies find HR management a huge drain on their resources, especially in allotting HR administration to their staff who could rather work on making the business function more profitably, focusing on the revenue earning tasks of the business. PEOs offer cost efficient service, and when they take over the management of human resources from their client companies they leave the latter with the time and resources to focus on their core tasks and increase the earnings of their business.

Professional employer organizations typically offer human resources administration, payroll and tax administration, employee benefits administration, workers’ compensation administration, risk management, regulatory and government compliance and recruitment and selection services. Their services, apart from being economical, are also generally flexible with the needs of the client company and seek to complement its short term and long term objectives.

Professional employer organizations, in most cases, establish a co-employment relationship with the client companies by which they manage the employees and the risks, while the client companies exercise control over their responsibilities at the workplace. The PEO and the company serve as co-employers. This co-employment model takes much of the load off the back of the client companies, with the PEO effectively sharing the employer responsibilities.

Flexible and Accurate Payroll Services

PEOs offer flexible and accurate payroll services that are adaptable to the needs of client companies. These solutions are also cost-effective and serve the needs of almost all kinds of organizations, be they startup concerns or multinational corporations. The adaptability is an important element of any PEO HR outsourcing solution. No matter how unique the nature of business or the organizational structure of your company is, you can get in touch with a reliable PEO that will engineer a solution to meet your needs.

With cost-effective outsourcing of payroll management and even the entire list of human resource responsibilities, companies can focus on their core responsibilities and allow their employees to be managed professionally by the seasoned professionals at the PEO. This ensures their satisfaction, motivation and retention. A strong and motivated workforce is an invaluable asset for any organization, ensuring greater performance.

The flexible and accurate payroll services offered by a PEO consist of many solutions, some of which are:

• Administration of paychecks and stubs


• Direct Deposit to multiple bank accounts


• Payroll delivery with payroll checks drawn on the PEO’s account


• Section 125 pre-tax administration


• Payroll deductions, garnishments and levies


• Flexible spending accounts


• Federal and State payroll tax deposits and returns


• FICA, FIT & SIT tax withholdings


• Customized reports such as job cost and cost allocation reports


• FICA, FUTA, SUTA report filing


• New hire reporting


• Federal payroll summaries


• Production and delivery of W-2s


• Wage/hour law compliance


• Management of paid leave and vacation & sick time accruals


• Department summary


• Multiple worksite management

Flexible and accurate payroll services are efficient solutions for the streamlined and cost-effective operation of your organization.

Payroll Outsourcing Company in Oklahoma

A payroll outsourcing company in Oklahoma provides cost-effective and comprehensive payroll administration services to client companies of nearly all kinds. Be they Fortune 500 companies, medium-sized concerns or small organizations, the PEO which offers payroll outsourcingand other HR solutions makes its services flexible in order to meet the unique individual needs of each company it serves.

Payroll Responsibilities

Administering payroll consists of a number of responsibilities. It basically deals with calculating the salaries for employees, deducting the various tax amounts, adding bonuses and overtime, and administering the paychecks. It involves accounting for calculating the salaries, working with the benefits team to record the bonuses accrued and other incentives and allowances, legal understanding to ensure all norms are met which involves working with the legal compliance department, maintaining employee records including attendance, and keeping tabs on employee performance as well.

The PEO can also offer all the related HR management responsibilities to ensure total HR outsourcingof the company. These solutions, though comprehensive, are cost-effective and offered in line with the requirements of the client company, making them appropriate for your firm.

PEO Payroll Services

The services offered by a payroll outsourcing company in Oklahoma include:

• Administration of paychecks and stubs


• Direct deposit to multiple bank accounts


• Payroll delivery


• Section 125 pre-tax administration


• Payroll deductions, garnishments and levies


• Flexible spending accounts


• Federal and State payroll tax deposits and returns


• FICA, FIT & SIT tax withholdings


• Job cost accounting and cost allocation reports


• FICA, FUTA, SUTA filing


• New hire reporting


• Federal payroll summaries


• Production and delivery of W-2s


• Wage/hour law compliance


• Paid leave program management


• Vacation & sick time accruals


• Department summary


• Catering to multiple worksites

With these services in hand, your company can focus on its core tasks and leave payroll administration to the payroll outsourcing company in Oklahoma.