PEO Services A professional employer organization (PEO) is company which works for small and medium businesses as outsourcing partner to handle Human resources related responsibilities. PEOs also work as the employer of record for tax purposes through filing payroll taxes under its own tax identification numbers. Role of PEO Companies PEOs Offers following services to SMBs.
Employer of Records is an Alternative to a PEO
If Your company is not comfortable with co-employment (PEOs) or company is not ready to give full control of Operative Functions of HR Department then Employer of Record Services may be better choice for your company An EOR Company offers few services similar to a PEO Services But an EOR becomes the full legal employer (not a co-employer) of a business’ payrolled workers, handling payroll, taxes, payroll compliance, benefits administration, unemployment claim reporting, and related tasks.
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HR ManagerI Have 20+ Years of experience in Human resource Industry. You can find my Ideas and tips about Managing manpower and workforce in organization. Archives
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