Excerpt from: Professional Employer Organization -- PEO
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| June 08, 2007 | | PEOs allow organizations to focus on their core competencies by outsourcing the non-revenue, time- consuming employment administration tasks. | PEO services bring clarity, communication, and certainty to employees. This improves morale and increases productivity. PEOs work with organizations to develop, clarify and implement polices and procedures, detailed job descriptions, handbooks, compensation statements and other communication pieces. PEO professionals handle the questions and issues regarding benefit plans, regulations and employment practices, and getting employees paid, and they are well-versed in the latest trends and offerings. PEOs provide a professional HR resource for managers and owners. With a PEO, executives have access to a team of experienced professionals in human resources, benefits, payroll, regulatory compliance and risk management, who can help the organization take care of employees. | | |
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