Remove 401(k) Remove Human Resources Remove Payroll Remove Professional Employer Organization
article thumbnail

Outsourcing Human Resource Functions: Pros & Cons

Genesis HR Solutions

In other words, someone who has: The know-how to execute the tactical side and will: Complete payroll. That’s where outsourcing HR administration to a professional employer organization (PEO) like Genesis HR comes in. Outsourcing Human Resources Functions: Pros & Cons. Implement benefits.

article thumbnail

Co-Employment: How Can It Help Your Business?

Genesis HR Solutions

Benefits of the co-employment business model used by PEOs include giving client companies access to a broader spectrum of employee benefit plans, sharing employer risk, and shifting fiduciary liability of 401(k) plans to the PEO. Co-employment is not joint employment. What is co-employment?

401(k) 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How PEOs empower midsize businesses to rise above today’s workforce challenges

Insperity

Should they add headcount to their in-house human resources (HR) team? One solution is a professional employer organization (PEO) , an HR outsourcing option that performs the most comprehensive set of HR functions. Or, should they supplement their current staff by outsourcing some HR responsibilities?

401(k) 75
article thumbnail

Invo PEO

HR Lineup

Invo PEO is a professional employer organization that offers a range of services to small and medium-sized businesses. This includes everything from health insurance and 401(k) plans to employee assistance programs and life insurance. One of the key services offered by Invo PEO is employee benefits.

401(k) 52
article thumbnail

Engage PEO

HR Lineup

Engage PEO is a professional employer organization (PEO) that provides comprehensive HR solutions for small and medium-sized businesses. Their services include payroll, benefits, HR management, and compliance support, allowing businesses to outsource these tasks and focus on their core operations.

401(k) 52
article thumbnail

9 Benefits Of HR Outsourcing Solutions

Genesis HR Solutions

For some companies, the idea of outsourcing their human resource tasks is daunting—the perceived lack of control, the time it takes to “make the switch,” and the cost all loom large in the minds of many CEOs and CFOs. Instead, your outsourced provider handles all the details, from participant education to 401(k) reporting.

401(k) 52
article thumbnail

16+ types of employee benefits you should consider

Genesis HR Solutions

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

401(k) 98