What is CPEO? When it comes to managing human resources and payroll administration, businesses have two options – Certified Professional Employer Organizations (CPEOs) and Professional Employer Organizations (PEOs). These entities provide comprehensive HR and payroll services to client companies, allowing business owners to focus on their core operations. While both CPEOs and PEOs offer similar…
Definition of Open Enrollment Open enrollment refers to the annual period during which employees can make changes to their benefits plans. It is an important time for employees to evaluate their current coverage and make informed decisions about their health insurance options. Open enrollment typically occurs once a year and provides the opportunity for employees…
In today’s competitive business landscape, organizations of all sizes seek strategic solutions to optimize their human resource (HR) functions. Professional Employer Organizations (PEOs) have emerged as a valuable option, offering comprehensive HR outsourcing services. Concurrent HRO stands out as a reliable partner among trusted PEO providers. Extensive HR Expertise and Resources Concurrent HRO brings extensive…
As an entrepreneur, there are many things to consider while running your business. Choosing the right Professional Employer Organization (PEO) to assist you with managing your HR and administrative requirements is one of the most crucial decisions. PEOs can take on many different responsibilities, like managing benefits and payroll and ensuring employment laws are followed.…
Accidents happen. But if you have ever been in an accident that left you with unexpected medical bills and lost income, then you know just how significant of an impact they can have on your financial well-being. That’s why accident insurance is a life-saver for many. If you’re an employer, providing accident insurance helps protect…
The Secure Act 2.0 is a proposed bill that could significantly impact retirement savings for both employees and employers. As an HR professional or business owner, staying informed about this legislation and how it could affect your company and your employees is essential. A few key takeaways about Secure 2.0: Expanded Access to Retirement Savings…
If you are a business owner, you may be familiar with the term “PEO” but not know what it is and how it could help your business. A Professional Employer Organization (PEO) is an organization that provides businesses with outsourced services such as payroll, benefits administration, and human resources management. A PEO provider can help…
Professional Employer Organization or PEO carries out various tasks involving employee administration. That includes managing the employee payroll and benefits of an organization. Here’s what you need to know if you’re hiring a PEO partner for payroll solutions for your business. What are the Benefits of PEO Payroll Services? When you use PEO payroll services,…
During this COVID-19 pandemic, many small and mid-sized businesses faced hard times. However, one of the most impactful factors that has seen most small businesses through is the decision to partner with PEO. Even though the pandemic affects most businesses, here are six benefits of PEO. 1. Rapid Law Changes Compliance Overwhelming regulations and requirements…
Professional Employer Organization (PEO) is a cost-effective way of outsourcing the management of human resources, payrolls, employee benefits, and worker’s compensation. Typically, a PEO serves and works as a professional employer on behalf of their clients. They offer better rates for a company and save time and money. PEO Services: What Can They Do For…
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