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How professional employer organization (PEO) pricing works

Insperity

If you’re considering entering into an agreement with a professional employer organization (PEO) , chances are you have questions about how PEO pricing works. What is your employer overhead? Employer overhead (in excess of compensation) typically costs between 1.25% and 1.4% Direct costs. Administrative fees.

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3 ways outdated payroll processes hurt your business

Insperity

Payroll is a top priority for any business. It’s also a major concern for business leaders looking for ways to increase efficiency within their organizations. By the same token, business leaders want payroll to be easy and hassle-free, so they can concentrate on growing their businesses. Compliance risks.

Payroll 66
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What Are The Different Types Of PEOs To Choose From?

Genesis HR Solutions

From my perspective, as the president and CEO of a Professional Employer Organization (PEO) and an HR veteran, there are two types of PEOs small and midsize business have to choose from: PEOs who lead with technology, or. Payroll tax compliance. PEOs who lead with relationships. First things first: What is a PEO?

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What is EEO-1 reporting – and why is it important?

Insperity

Download data for all employees that were on your payroll during the pay period you selected. Only report employees being paid through the company’s payroll. It requires qualifying employers to report the gender and racial composition of their workforce. Tabulate this information and ensure its accuracy.

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HR on autopilot: Can you feasibly automate all your human resource functions?

Insperity

Cloud-based tech solutions for human resources offer the promise of easy installation and implementation, but does such software really eliminate the need for HR staff? While new technical offerings can improve the efficiency and speed of many HR processes, the human touch is still needed to get the most out of the software.

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When should you hire an HR manager, if at all?

Insperity

Broadly speaking, there are three key options to choose from: hire an HR director and build an in-house team; hire a small handful of HR managers who utilize an array of HR technology tools; or outsource your HR needs to a professional employer organization (PEO). Professional employer organizations.

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Your HR budget: 6 line items to prioritize right now

Insperity

These include: Recruiting Hiring Onboarding Compensation Benefits Training Software and other technology Administrative costs It’s always good practice to re-evaluate your budget allocation and all line items routinely. Download A step-by-step guide to HR outsourcing to learn more about how a PEO can partner with you to reach your goals.

Salary 101