26 Feb

A High-Level Look at PEO Services

Posted at

11:38pm

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Professional employer organizations (PEOs) offer companies of any size the ability to outsource certain administrative or back-office duties in order to focus more on revenue-generating activities. More than 175,000[1] businesses across the United States look to PEOs to assist in their outsourced HR and benefits needs! Here are some details around the most common solutions available through a PEO.

 

Pay or Be Paid: Payroll Services
The payroll services offered by PEOs include all of the bells and whistles like new hire paperwork, preparing and filing payroll taxes, and issuing W-2s.

 

All About People: HR or Human Resource Management
Human resource automation assists the business in managing their employees through an unbiased look at the company’s technological landscape in terms of employees and benefits value. In an effort to both retain top talent and increase productivity, businesses rely on PEOs to manage personnel files and the HR database, unemployment claims, and other administrative services to help the business stay competitive in the industry.

 

The Art of Attracting and Retaining Talent: Employee Benefits
A competitive, employee-first benefits program is a vital element in not only attracting but also retaining top talent and quality employees. With this, however, making benefits decisions for an entire employee base for the whole year can be overwhelming. Find confidence in knowing employees will receive access to affordable healthcare, vision, and dental services from providers with nationwide coverage. Additional coverage includes 401(k), gap insurance, telemedicine, and critical illness, among others.

 

Managing Injuries: Risk Management and Workers’ Compensation
With Vensure, risk management and workers’ compensation outsourcing means allowing us to provide and administer your workers’ compensation insurance, assist with maintaining a safe work environment through our loss control services and manage claims by getting your employees well and back to work as soon as possible. This would also include on-site guidance with safety and OSHA compliance training.

 

All of the acronyms and abbreviations used when working with a third-party to outsource administration services can be overwhelming. When it comes down to the basics, businesses need a partner in administration services to maintain and improve employee morale and minimize threats to the business. With all these services offered in one place, what else are you waiting for? Get started today!

 

 

[1] https://www.napeo.org/what-is-a-peo/about-the-peo-industry/industry-statistics

 

 

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