A PEO is the short term for Professional Employment Organization or Professional Employer Organization. It is an organization which can help you from having a lot of headaches by taking over major employee related functions that a business owner or a manager is responsible for. Major employee related function includes heavy number of paperwork and bureaucracy. If you want to sort out those issues by yourselves, then you don’t have enough time to run your business. Running a business in a successful manner is really a tough work now-a-days, because there is only a slimmest margin present in between succeeding and failing. Therefore for staying in a well-serving position, you need to concentrate on your business rather than doing paperwork.
A professional employer organization offer services to the employers, which is divided into four major categories.
This type of administration includes various tasks such as reviewing and administering claims, safety related claims and audits, creation and administration of worker’s safety plans, documentation of job accidents and worker’s compensation billing details.
It comprises of preparation and distribution of payroll checks, payroll record keeping for audits, tracking vacation, sick time and other employee related documents.
It consists of management of disability plans, life insurance administration, flexible spending account administration, reviewing of annual beneficiary plans, benefits of handbook creation and administration of employee assistance plans etc.
Human Resource Administration
It includes acceptance of employment applications, performing background checking, creating employee handbook, communicating employment policies and legal assistance.
As you have seen from the above points, that a PEO can take your burdens from your shoulders so that you can do your important work i.e. running your business smoothly.
To know more about hiring a PEO for your business, contact C.Emory Cross at firstname.lastname@example.orgRequest Your Free Quote