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Managing human resources is one of the most complex and large scale responsibilities companies have to deal with. Yet it is one of those responsibilities that do not directly contribute to the earnings of the business.
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PEO - Human Resource Management Services
Managing human resources is one of
the most complex and large scale
responsibilities companies have to deal
with. Yet it is one of those
responsibilities that do not directly
contribute to the earnings of the
business. Being as resource consuming
as it is, businesses would do well to
outsource human resource
management to a PEO (Professional Employer Organization).
Human resource management is a collection of complex tasks
involving employee related matters such as employee relations, health
benefits, workers' compensation claims, payroll, payroll tax
compliance, unemployment insurance claims, and more. A PEO would
take over all these responsibilities.
Not only would the PEO enable employers to focus on their core
responsibilities, but also offer businesses valuable expertise. The client
company can therefore fully shift focus to the operational and revenue-
producing side of its operations.
Human resource management services offered by a PEO
generally include:
Payroll and tax administration
Employee benefits administration
Workers’ compensation administration
Risk management
Regulatory and government compliance
Recruitment and selection
Employer liability management
Immigration compliance
One of the reasons for the efficiency of PEO human resource
management services is the nature of the PEO’s relationship with the
client company. A professional employer organization generally enters
into a co-employment relationship with the client company, whereby it
assumes the client company’s responsibilities, leaving the company to
concentrate on its core tasks.
Small and medium-sized businesses can feel the advantages of hiring a
PEO more, as they are the ones generally struggling with setting apart
their resources for maintaining a HR department.
Kruse PEO4608 S. Garnett, Suite 400Tulsa, OK 74146 Toll Free: (800) 258-1036http://www.peoservicescompany.com