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The Difference Between Employer of Record (EOR) and Professional Employer Organization (PEO)

HR Lineup

One of the biggest challenges is managing the employer-employee relationship, and this is where Employer of Record (EOR) and Professional Employer Organization (PEO) services come in. In an EOR relationship, the EOR is responsible for administering employee benefits , such as health insurance and retirement plans.

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

To do this, the law makes broad changes to the foundation of retirement preparation in the U.S.: employer-sponsored 401(k) plans. All company retirement plans started in 2023 and thereafter must have an automatic enrollment and escalation provision – also known as “ you’re in unless you’re out.” The SECURE 2.0

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[Infographic] What can a PEO do for your business?

Insperity

From employment issues and complicated compliance updates, it’s easy to get overwhelmed. This is where a professional employer organization (PEO) can come in as a partner to assume many of your employer related HR responsibilities, freeing up time for you to focus on bigger-picture goals.

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Engage PEO

HR Lineup

Engage PEO is a professional employer organization (PEO) that provides comprehensive HR solutions for small and medium-sized businesses. These include access to a wide range of health insurance plans, 401(k) retirement plans, and employee assistance programs.

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31 HR Acronyms Explained

Genesis HR Solutions

1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. ( TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (

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Resourcing Edge

HR Lineup

Resourcing Edge is a professional employer organization (PEO) that provides a range of services to businesses, including payroll, benefits, human resources, and risk management. This includes processing payroll, providing employee self-service portals, and handling tax compliance and reporting.

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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.

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