What is HR?
HR (Human Resources) is defined as a department within an organization that deals with people who work for that organization.
What is a PEO?
A PEO (Professional Employer Organization) is a firm that provides a service under which an employer can outsource employee management tasks such as payroll, employee benefits, workers’ compensation, risk/safety management, and training and development. A PEO does this by hiring a company’s employees, thus becoming their employer of record for tax purposes and insurance purposes. This practice is known as joint employment or co-employment.
A PEO will process new hire paperwork, E-Verify, unemployment claims, verifications of employment, wage garnishments, collect and pay employer matching taxes, and administer your company benefits plan.
A PEO will free up your time so you can focus on revenue producing activities instead of administrative duties.
It makes sense to outsource your human resource responsibilities to a PEO like managestaff.
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