Are you struggling with HR issues complicated by the pandemic? There’s help available sized right for a small to medium business. It’s a Professional Employer’s Organization.
Have you ever heard of such a thing? I hadn’t until I met a consultant who matches PEO’s with businesses. Yes, the US has close to 1000 PEO’s, so there’s help to make a wise choice.
PEO’s provide third-party payroll and HR outsourcing services. They’re co-employer, stepping up as the administrative employer while your company remains the worksite employer. They handle the details of payroll processing, benefits, insurance, and worker’s compensation.
What can a PEO do for your business? Shared liability and risk, lower benefit costs, and outsourced payroll processing. There are downsides such as lack of control in some situations, poor benefit quality for employees, and a chance of tax trouble if the PEO doesn’t offer tax compliance with payroll processing.
Are you interested in exploring a PEO for your business? Here are some of the most recommended to outsource HR and lease out your employees. One of the best for small businesses overall is Insperity.
Insperity features include online training, customized options, and per-employee pricing. Trinet is highly recommended for specific industries. Trinet has industry-specific experts, short-term contracts, and adaptable plans.
Need help handling HR at your startup via cloud and mobile? Oasis, a Paychex company, features a cloud-based PEO with a mobile app and customized services. All these companies offer information on the SBA pandemic programs such as PPP.
Author: Kris Keppeler, a writer who finds technology fascinating and loves humor. She writes for Crossing Genres on Medium.com and Does This Happen to You? on Channillo. Award-winning podcast producer who enjoys telling stories. Follow her @KrisKKAria on Twitter or on LinkedIn.