Employee Benefits Administration Services

Employee benefits administration services are offered by professional employer organizations (PEOs).

A PEO offers human resource outsourcing solutions for client companies. HR management is a huge responsibility, but part of the non-core tasks of an organization. It requires a massive amount of resources, not favorable for companies looking to devote their resources for revenue generating tasks to increase productivity and earnings.

Attract the Best Professionals with Insightful Employee Benefits Administration Services

While PEOs generally take over all human resource responsibilities, they also offer outsourcing of specific responsibilities for companies that are more willing for that. One of these responsibilities is administering employee benefits. Employee benefits administration services ensure companies are able to provide an attractive benefits package to employees, albeit in a cost effective manner. Comprehensive benefits are important factors that increase a company’s buying power in the job market. It attracts experienced and skilful professionals to your organization, even if it may not be a Fortune 500 concern. A PEO ensures you have that critical factor going for you. Small and medium-sized concerns can count on employee benefits to get the best working for them.

Excellent Benefit Plans for Qualified Professionals

Some of the employee benefits provided by a PEO include employee health benefits & insurance plans (PPOs, HSAs), individual retirement accounts and retirement planning, dental and vision care, disability insurance for the short and long term, individual coverage. hospital and supplemental plans, cancer and accident plans, voluntary benefits programs, flexible spending accounts, prescription drug plans, and education saving plans.

A relationship with a PEO would bring in employee benefits administration services that ensure your organization runs efficiently and profitably.

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.

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.

Corporate Payroll Processing Services

Payroll processing is a time and resource consuming endeavor that could sap the energy out of company bosses and employees, leaving them with absolutely nothing to give for the revenue generating tasks of their business. Corporate payroll processing services are offered by PEOs to handle the payroll and tax administration responsibilities of a business.

A PEO is a professional employer organization with experienced business and legal professionals in the HR management field who know how to handle payroll and carry out the other HR responsibilities efficiently and in a cost-effective manner. The legal side of affairs such as complying with state and federal regulation is also taken care of by a PEO.

Partnership with a PEO opens the door to a new vista of opportunities such as competitive workers’ compensation insurance plans and comprehensive benefits packages, something businesses wouldn’t want to miss out on, especially when they wish to attract fresh talent and retain the efficient employees. The corporate payroll processing services offered by PEOs include:

• Payroll delivery
• Payroll taxes and filing
• Customized payroll reports
• Updated files of employees
• Audits
• Federal and State payroll tax deposits and returns
• FICA, FIT & SIT tax withholdings
• Production and delivery of W-2s
• 941 and 940 reporting
• Garnishments
• New hire reporting
• Federal payroll summaries

Corporate payroll processing services are one of the comprehensive HR management responsibilities fulfilled by PEOs for their client company. To keep your business on the right track, the PEO will let you focus on revenue generation and increasing productivity, while all employee-related matters are taken care of.

Employee Benefit Management Services

Employee benefit management services are part of the comprehensive PEO package that covers all aspects of HR management.

Attracting skilled and experienced professionals to an organization and retaining them are what employee benefit management services are all about. The greater the benefits package of a company, the more buying power the company has in the job market. But not all companies would be able to offer attractive benefits on their own. Larger companies and businesses undoubtedly have an edge over small businesses as they’re able to offer better and more comprehensive benefit packages.

The ideal means by which small and medium-sized businesses can exert their influence on qualified professionals looking for their dream job is to tie up with a PEO (Professional Employer Organization). A PEO gives a company access to a wide range of employee benefit plans, in many cases the best available in the market. These benefits are what would attract the workforce that could make the difference at the workplace. With the expert assistance of a PEO, the benefits are administered efficiently with employers not having to worry about the costs and compliance issues, focusing instead on their business operations.

Employee benefit management services of PEOs generally include:

• Employee health benefits & insurance plans


• Retirement benefits and planning


• Dental and vision care


• Long term and short term disability insurance


• Cancer, accident, hospital and other plans


• Education saving plans


• Adoption assistance


• Cafeteria plan


• Flexible spending accounts


• Individual coverage


• Employee voluntary benefits programs


• Prescription drug plans

Employee benefit management services are part of the comprehensive PEO package that covers all aspects of HR management.

HUMAN RESOURCE MANAGEMENT COMPANY

Kruse PEO is a human resource management company offering comprehensive HR management services to businesses. Human resources outsourcing is a widely accepted concept among large and small businesses in Europe and North America. Whether you’re running an already established business or a new and emerging one, HR outsourcing to Kruse PEO will bring about positive results, namely consistent growth and a strong presence in the market.

in reference to: Human Resource Management Company, USA Human Resources Management Company (view on Google Sidewiki)

Benefits of Using a PEO for Payroll Administration

Administering payroll requires commitment as it involves more than merely handing paychecks to employees on time. It deals with maintaining accurate records, paying payroll taxes, and includes other factors. Businesses need to devote a substantial amount of their resources, manpower and time for payroll administration and the other responsibilities of HR management. For companies to focus on their business, they need to outsource their payroll administration and HR management to a PEO (Professional Employer Organization) or an employee leasing company.

The benefits of using a PEO for payroll administration are saving time, costs and paying taxes accurately without incurring penalties. Client companies can particularly save time in tasks such as payroll processing, paycheck distribution, paying employment taxes, W-2 and 1099 distribution and employee payroll inquiries.

PEOs also help client companies save costs in payroll processing. A company would typically have to set apart resources and some of its workforce for payroll processing. The larger the business, the greater the resources diverted for the purpose, which could instead be allotted for core business activities. A PEO would handle all aspects of payroll processing, leaving all resources of the client company to be devoted for the operational side of the business. The professional employer organization also calculates payroll taxes accurately, keeping tabs on changes in the federal or state regulation, helping companies save on penalties.

To conclude, the benefits of using a PEO for payroll administration are evident. If a business needs to grow, it needs to cut unnecessary costs. PEOs help do just that.