Outsourcing HR services to a Professional Employer Organization (PEO) is a strategic move that offers businesses numerous benefits. This collaborative approach provides cost savings, access to HR expertise, and the ability to focus on core business functions. Here are services you will find in outsourcing your HR services to a PEO.
Payroll Processing:
PEOs handle payroll administration, including processing salaries, tax withholdings, and direct deposits. This helps ensure accurate and timely payment to employees.
Human Resource Management:
PEOs assist with various HR functions, including employee onboarding, performance management, and employee relations. They may provide guidance on HR policies and procedures.
Training and Development:
PEOs may provide training resources and support for employee development. This could include access to training programs, seminars, and online resources.
Time and Attendance Tracking:
PEOs offer tools for tracking employee attendance, leave, and time worked. This can be integrated with payroll processing for accurate compensation.
HR Technology Solutions:
Many PEOs provide advanced HR technology platforms that streamline various HR processes, including employee self-service portals, time and attendance systems, and reporting tools.
Employee Assistance Programs (EAPs):
Some PEOs offer EAPs to provide employees with support services for personal or work-related challenges, including counseling and wellness programs.
Unemployment Claims Management:
PEOs may assist with managing unemployment claims and representing the business during unemployment hearings.