Professional Employment Organization (PEO)
A Professional Employment Organization (PEO) provides comprehensive human resource solutions for small and mid-sized clients. As labor costs have risen and employment issues have become more complex, PEO services provide a cost effective way for businesses to handle all of their human resource functions and to reduce employer-related exposures.
PEO’s help clients to lower HR costs, attract quality employees and gain access to HR resources and experts that they could not afford on their own. A PEO enables clients to improve productivity, increase profitability and to better focus on their core business.
| PEO Services |
| Human Resource Administration: A PEO operates as the client’s HR department. The PEO’s HR professionals manage daily HR tasks, help solve specific HR challenges and provide access to experts on numerous HR topics. |
Payroll & Payroll Taxes: PEO’s provide a complete payroll service including direct deposit, taxes, tax filings, garnishments and general ledger interface. |
| HR Technology: PEO’s use an integrated technology to manage HR functions and to provide clients with secure access to HR data and tools. Self-service tools enable client managers and employees to handle their own HR tasks and information. |
Risk Management: A PEO provides a comprehensive risk management solution including workers’ compensation insurance, claims management, OSHA compliance, safety engineering and a drug-free workplace. |
| Employee Benefits: A PEO offers a rich but cost-effective benefits package that helps clients to attract quality employees. These benefits include health, dental, disability, vision as well as a 401(k) retirement plan. |
Education & Training: PEO’s provide clients with professional development resources to educate employees and improve productivity. The PEO can also develop custom training for clients. |
| Regulatory Compliance: The PEO handles many employer regulatory tasks to help clients comply with federal, state and local regulations. The PEO enables clients to pro-actively reduce HR exposures and to resolve HR issues before they ever become problems. |
Recruiting: In addition to providing the quality benefits and work environment that attracts employees, a PEO can help find, screen and recruit the key talent that will ensure a client’s success. |
A PEO delivers these human resource services by establishing a co-employer relationship with the client and contractually assuming certain employer responsibilities and liabilities. A PEO does not interfere with a client’s relationship with their employees and clients continue to manage the day-to-day relationship with their employees. The PEO provides clients with the tools and resources to better manage their businesses. Relived of the burden of HR tasks, clients are better able to focus on improving productivity and profits.
Many PEO’s specialize in specific industries and provide a service menu that is customized for the unique needs of their target industry. The scope of the PEO solution is determined by the HR functions and tasks that are to be outsourced.
Pinnacle designs PEO solutions that are specialized for specific industries and provide a service menu that is customized for the unique HR needs of their target industry.
PinnacleHR: Your PEO provider!
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