article thumbnail

PEO Vs. Payroll Service Providers: How Are They Different?

Genesis HR Solutions

Are you wondering whether a Professional Employer Organization (PEO) or payroll service provider is the best fit for your company’s needs? What is a payroll provider? A payroll service provider is a third-party company hired to process a company’s payroll. It’s not difficult to find payroll service vendors.

article thumbnail

50+ PEO Services Your Company Should Be Using

Genesis HR Solutions

Customized management training programs. Benefits-Related PEO Services. Your PEO should find, select, negotiate with and manage vendors for you, so your company can offer benefits that put you in the ring with your larger competitors. Health, dental, and vision plans. HR technology and employee self-service.

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

How much does a PEO cost?

Genesis HR Solutions

This enhanced level of service gives your company access to an experienced team that can help navigate difficult employee situations, and provide training and coaching to staff managers, either on-site or virtually. Document management. Managing employee records. Managing unemployment claims. Managing equal pay.

401(k) 52
article thumbnail

Outsourcing HR services for your small business: What you need to know

Insperity

At the end of the day, do you experience hefty payroll problems ? Do you still use spreadsheets to manage things like PTO? Get the most out of your talent – Obtain recruiting help to attract employees, and get the performance management support you need going forward to help retain productive talent. Benefits administration.

Payroll 73
article thumbnail

7 PEO benefits that can save you money

Insperity

Business owners and managers know that every dollar, and frankly every cent, counts when it comes to running a business. PEOs also conveniently automate the payroll process and handle your withholdings, W-2s and garnishments. As your business grows, your HR demands can pile up. Retirement plans. Workers’ compensation.

401(k) 64
article thumbnail

Paycor vs. ADP Workforce Now: Which is right for your needs?

Business Management Daily

Both are extremely popular tools for payroll processing , benefits administration , and general HR management, but they’re not the same. For one, ADP Workforce Now is an all-in-one HCM (human capital management) system, meaning that HR departments can manage their entire workforce from a single dashboard.

Payroll 52
article thumbnail

Introduction to 401(k)s for small businesses

Business Management Daily

Most small businesses start with health insurance as the main facet of their benefits plan , but as you grow it’s a good idea to expand to include retirement, dental, vision, life insurance, and other major offerings. Plan participants (employees) are also often subject to administrative or management fees. Choose a 401(k) partner.

401(k) 52