Remove Comprehensive Benefits Remove Human Resources Remove Payroll Remove Professional Employer Organization
article thumbnail

EOR vs. PEO: What’s the difference?

Genesis HR Solutions

In this article, we’ll discuss the differences between a professional employer organization (PEO) vs. EOR, and why companies should consider a PEO first. An employer of record (EOR) is a third-party company that takes over as the legal employer for your workforce. So which is better fit for your organization?

401(k) 52
article thumbnail

EOR vs. PEO: What’s the difference?

Genesis HR Solutions

In this article, we’ll discuss the differences between a professional employer organization (PEO) vs. EOR, and why companies should consider a PEO first. An employer of record (EOR) is a third-party company that takes over as the legal employer for your workforce. Payroll processing and tax compliance.

401(k) 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Your HR budget: 6 line items to prioritize right now

Insperity

Your human resources (HR) budget encompasses a wide variety of initiatives directly impacting your people and, therefore, your business success. Additionally, salary increases made directly in response to inflationary pressures demonstrate empathy and support for employees, which can strengthen their loyalty to their employer.

Salary 102
article thumbnail

Federal tax reform: 5 HR must-dos for every business

Insperity

Tax reform did a number on payroll. Federal tax reform has resulted in big changes in the payroll arena, so your payroll to-do list likely just got a lot longer than in recent years, especially if you have employees in multiple states. Employers can face under-withholding penalties from federal, state and local governments.

Taxes 71
article thumbnail

10 signs your business needs a PEO

Insperity

Have you considered outsourcing your business’s HR to a professional employer organization (PEO)? Have you gotten so bogged down in tactical and administrative human resource tasks that you have little time left for strategy and planning? Payroll is monopolizing your (or your staff’s) time.

401(k) 68
article thumbnail

5 Ways a PEO Has Your Business’s Back

Insperity

With a Professional Employer Organization (PEO), an outsourced HR service, you can turn over many of your business’s time-consuming HR tasks to a dedicated team of HR specialists, so that you can focus on your more profitable responsibilities. Offer more comprehensive benefits for less.

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. Implement benefits. Pay benefits bills. That’s where outsourcing HR administration to a professional employer organization (PEO) like Genesis HR comes in. Comprehensive benefits offerings.