Professional Employer Organization

Demystifying Workers’ Compensation How A PEO Can Lower Your Rates

Demystifying Workers’ Compensation Insurance Premiums and How a PEO can Lower Your Rates Workers’ compensation premiums can amount to a substantial proportion of many small- and medium-sized businesses’ staffing expenses, particularly those where injury risks are higher. The deceivingly straightforward formula for calculating premiums is: Workers’ Comp Premium = Classification Code Rate x Payroll (per $100) x MOD But the complexity within each factor means many businesses overpay on their premiums. An experienced Professional…

PEO Services

How A PEO Service Can Benefit Your Business

If you are currently having difficulty managing your company’s HR tasks, it may be beneficial for you to enlist the aid of a professional employer organization or PEO service . Such organizations offer a comprehensive set of HR management services compared to typical HR outsourcing firms that offer only one or two services. With a PEO service , you will be able to free up valuable resources by entrusting the management of your HR tasks to a select group of professionals. These professionals work to ensure the maintenance and direction of your…

HR Solutions

Concurrent HR Solutions

Learn more about Concurrent HRO HR solutions. Do you need HR support for your company? The Concurrent HRO HR Cloud is a web-based software where you can manage your HR operations efficiently. Our HR Cloud is easy-to-use and designed to achieve business success with high production workflows. The Concurrent HRO HR Cloud has proven to have over 58,000 companies run on the cloud, have 1.35 million employees use it for payroll, benefits and HR, and have $39 Billion of annual payroll…

Human Resource Management

Strategic Human Resource Management: A Revolutionary Hr Practice

Strategic human resource management is key to improving your business performance. Strategic human resource management (SHRM) is when strategic objectives and goals are combined with human resources. The goal of this combination is to improve the performance of the business or organization. It can also help develop a strong culture within the organization. This can encourage the members of the organization to become more flexible and innovative and also give them an advantage above…

Employee Benefits

Employee Benefits 101: How To Supply The Best Benefits At Work

Let us help you set up an attractive benefits plan based on what your employees really want. Employee benefits are a form of compensation that employers pay in addition to a worker’s regular salary or wages. They are also known as perks of the job or fringe benefits. In this article, we’ll review some types of common employee benefits provided by employers, discuss why they are so important, and go over…

Payroll Outsourcing Provider

Why You Need A Payroll Outsourcing Provider

Streamline your business operations and efficiency with our payroll outsourcing services. What is payroll outsourcing and how can it help my organization? Concurrent HRO provides this service to handle all aspects of payroll for your business. Some jobs this service can provide are calculatinge salaries, deducting applicable taxes, writing and distributing paychecks, and maintaining a detailed record of every pay period. This will provide a comprehensive payroll service solution to the organization  …

PEO Company

What Is A PEO And Why You Have To Consider Working With One

Owners of small and medium-sized businesses have many important tasks to juggle. In order to ensure the company remains profitable, they need to develop new products and services, find partners and investors, hire talented staff, pay salaries, and manage their taxes. These are all key aspects of building and growing a successful company, but most business owners can’t do everything on their own. That’s where a PEO company can help. A certified Professional Employer Organization can take over many of the time-consuming…

HR Outsourcing

Outsourcing HR: Why It Is Important

HR is an important aspect of any business, but it can be resource-draining and overwhelming. If you have never considered outsourcing HR before, you would be surprised by the work HR representatives can take care of. Sometimes it’s not easy to outsource your human resource duties. HR management is a key pillar of most businesses, and HR departments take on a wide range…