A Professional Employer Organization Provides Comprehensive Administrative Relief
Professional Employer Organizations (PEOs) help small businesses manage and complete
the administrative functions associated with running a business. Predominantly,
the PEO company takes on payroll, payroll taxes, human resources, benefits administration,
workers’ compensation, and regulatory compliance issues for the business owner or
Oftentimes, business owners think of HR outsourcing through a professional employer organization as only
obtaining access to payroll processing. However, there are several major differences
between standard payroll companies and PEO companies, which are:
- A PEO company provides a wide range of administrative relief. The PEO company
is equipped to handle all elements of administration, including: payroll administration, payroll
taxes, benefits administration, workers’ compensation, human resources, and regulatory
- The PEO firm takes on all IRS reporting, wage garnishments, and compliance requirements,
so you are no longer on the hook for administrative mistakes.
- Your business is grouped with our PEO company so it experiences greater buying
power when it comes to benefits and insurances.
All of these benefits stem from the co-employment relationship between the business
and the professional employer organization.