What is a PEO?
HR Compliance and Admin Relief
Workers Comp
Risk Management
Benefits
Payroll Administration
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What is a PEO?
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 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 human resource responsibilities and employer risks for clients. A PEO delivers these services by establishing and maintaining an employer relationship with the employees at the client's worksite and by contractually assuming certain employer rights, responsibilities, and risk.
This allows the PEO to systematically and strategically enhance the total quality of your organization, which results in greater efficiency and productivity.
The PEO takes responsibility for HR administration and compliance, for which it charges a service fee. Your employees continue to work at your company location, and you continue to exercise control over your business.
PEO's handle:
If you are considering outsourcing all or part of your human resource processes, contact a Cardinal Advisor at 800.342.4742. We would be happy to provide you a free consultation.
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